Warner Music Group (WMG) — Cash Flow Reinvestment Rate
Warner Music Group (WMG) has a Cash Flow Reinvestment Rate of 0.21x as of June 2026, reinvesting $30.00 Million (capex $28.00 Million plus investments $2.00 Million) from operating cash flow of $142.00 Million. See Warner Music Group free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Warner Music Group Cash Flow Reinvestment Rate (2003–2025)
Historical reinvestment intensity for Warner Music Group across 22 annual periods. For the full cash flow conversion analysis, see Warner Music Group (WMG) cash conversion ratio.
Annual Cash Flow Reinvestment Rate for Warner Music Group (2003–2025)
Year-by-year capital reinvestment analysis for Warner Music Group. See financial flexibility index of Warner Music Group to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.71x | $479.00 Million | $678.00 Million | $139.00 Million | ▲ +24.8% |
| 2024 | 0.57x | $427.00 Million | $754.00 Million | $116.00 Million | ▼ -28.1% |
| 2023 | 0.79x | $541.00 Million | $687.00 Million | $241.00 Million | ▼ -29.1% |
| 2022 | 1.11x | $824.00 Million | $742.00 Million | $326.00 Million | ▲ +11.1% |
| 2021 | 1.00x | $638.00 Million | $638.00 Million | $574.00 Million | ▲ +34.6% |
| 2020 | 0.74x | $344.00 Million | $463.00 Million | $125.00 Million | ▼ -43.0% |
| 2019 | 1.30x | $521.00 Million | $400.00 Million | $145.00 Million | ▲ +12.3% |
| 2018 | 1.16x | $493.00 Million | $425.00 Million | $88.00 Million | ▲ +233.7% |
| 2017 | 0.35x | $186.00 Million | $535.00 Million | $60.00 Million | ▲ +58.5% |
| 2016 | 0.22x | $75.00 Million | $342.00 Million | $67.00 Million | ▼ -38.4% |
| 2015 | 0.36x | $79.00 Million | $222.00 Million | $79.00 Million | ▼ -54.6% |
| 2014 | 0.78x | $102.00 Million | $130.00 Million | $102.00 Million | ▲ +75.7% |
| 2013 | 0.45x | $71.00 Million | $159.00 Million | $71.00 Million | ▲ +45.8% |
| 2012 | 0.31x | $64.00 Million | $209.00 Million | $64.00 Million | ▼ -47.2% |
| 2010 | 0.58x | $87.00 Million | $150.00 Million | $87.00 Million | ▲ +261.7% |
| 2009 | 0.16x | $38.00 Million | $237.00 Million | $38.00 Million | ▼ -14.5% |
| 2008 | 0.19x | $57.00 Million | $304.00 Million | $57.00 Million | ▲ +95.3% |
| 2007 | 0.10x | $29.00 Million | $302.00 Million | $29.00 Million | ▼ -1.7% |
| 2006 | 0.10x | $30.00 Million | $307.00 Million | $30.00 Million | ▼ -33.2% |
| 2005 | 0.15x | $30.00 Million | $205.00 Million | $30.00 Million | ▼ -16.1% |
| 2004 | 0.17x | $15.00 Million | $86.00 Million | $15.00 Million | ▼ -4.9% |
| 2003 | 0.18x | $51.00 Million | $278.00 Million | $51.00 Million | — |