Warner Music Group Financial Flexibility Index
Warner Music Group financial flexibility index. Warner Music Group (WMG) has a Financial Flexibility Index of 0.02x as of June 2026. Free cash flow of $170.00 Million (operating CF $142.00 Million minus capex $28.00 Million) represents 0% of total liabilities ($9.64 Billion). See WMG FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Warner Music Group (2002–2025)
Financial flexibility index of Warner Music Group from 2002 to 2025. Historical Financial Flexibility Index trend for Warner Music Group across 24 annual periods. Check Warner Music Group earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Warner Music Group Financial Flexibility Index by Year (2002–2025)
Warner Music Group financial flexibility index by year from 2002 to 2025. Year-by-year free cash flow to debt coverage for Warner Music Group. For the full cash flow conversion analysis, see WMG cash flow conversion.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.09x | $817.00 Million | $678.00 Million | $9.07 Billion | ▼ -12.2% |
| 2024 | 0.10x | $870.00 Million | $754.00 Million | $8.48 Billion | ▼ -10.3% |
| 2023 | 0.11x | $928.00 Million | $687.00 Million | $8.12 Billion | ▼ -18.0% |
| 2022 | 0.14x | $1.07 Billion | $742.00 Million | $7.66 Billion | ▼ -17.6% |
| 2021 | 0.17x | $1.21 Billion | $638.00 Million | $7.17 Billion | ▲ +85.7% |
| 2020 | 0.09x | $588.00 Million | $463.00 Million | $6.46 Billion | ▲ +5.1% |
| 2019 | 0.09x | $545.00 Million | $400.00 Million | $6.29 Billion | ▼ -4.3% |
| 2018 | 0.09x | $513.00 Million | $425.00 Million | $5.66 Billion | ▼ -17.6% |
| 2017 | 0.11x | $595.00 Million | $535.00 Million | $5.41 Billion | ▲ +37.8% |
| 2016 | 0.08x | $409.00 Million | $342.00 Million | $5.12 Billion | ▲ +42.7% |
| 2015 | 0.06x | $301.00 Million | $222.00 Million | $5.38 Billion | ▲ +34.1% |
| 2014 | 0.04x | $232.00 Million | $130.00 Million | $5.56 Billion | ▼ -0.1% |
| 2013 | 0.04x | $230.00 Million | $159.00 Million | $5.51 Billion | ▼ -33.7% |
| 2012 | 0.06x | $273.00 Million | $209.00 Million | $4.33 Billion | ▲ +282.9% |
| 2011 | -0.03x | $-148.00 Million | $-199.00 Million | $4.30 Billion | ▼ -158.0% |
| 2010 | 0.06x | $237.00 Million | $150.00 Million | $3.99 Billion | ▼ -10.4% |
| 2009 | 0.07x | $275.00 Million | $237.00 Million | $4.15 Billion | ▼ -16.2% |
| 2008 | 0.08x | $361.00 Million | $304.00 Million | $4.56 Billion | ▲ +9.9% |
| 2007 | 0.07x | $331.00 Million | $302.00 Million | $4.60 Billion | ▼ -4.6% |
| 2006 | 0.08x | $337.00 Million | $307.00 Million | $4.46 Billion | ▲ +41.7% |
| 2005 | 0.05x | $235.00 Million | $205.00 Million | $4.41 Billion | ▲ +143.1% |
| 2004 | 0.02x | $101.00 Million | $86.00 Million | $4.61 Billion | ▼ -69.3% |
| 2003 | 0.07x | $329.00 Million | $278.00 Million | $4.61 Billion | ▲ +155.0% |
| 2002 | 0.03x | $75.00 Million | $-13.00 Million | $2.68 Billion | — |