Warner Music Group (WMG) — 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). Check total reinvestment intensity of Warner Music Group to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Warner Music Group Financial Flexibility Index (2002–2025)
Historical Financial Flexibility Index trend for Warner Music Group across 24 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Warner Music Group.
Annual Financial Flexibility Index for Warner Music Group (2002–2025)
Year-by-year free cash flow to debt coverage for Warner Music Group. Explore Warner Music Group cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| 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 | — |