Warner Music Group (WMG) — Financial Flexibility Index
Warner Music Group (WMG) has a Financial Flexibility Index of 0.02x as of March 2026. Free cash flow of $161.00 Million (operating CF $134.00 Million minus capex $27.00 Million) represents 0% of total liabilities ($9.64 Billion). Check Warner Music Group PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
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. See how liquid is Warner Music Group's working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Warner Music Group (2002–2025)
Year-by-year free cash flow to debt coverage for Warner Music Group. For the full company profile including market capitalisation, see how much is Warner Music Group worth.
| 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 | — |