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). Also explore WMG year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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. Check WMG strategic asset allocation to assess the company's strategic physical and investment asset allocation.
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 Warner Music Group stock valuation.
| 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 | — |