Warner Music Group Free Cash Flow Generation Index
Warner Music Group free cash flow generation index. Warner Music Group (WMG) has a Free Cash Flow Generation Index of 0.80x as of June 2026. Free cash flow of $114.00 Million represents 1% of operating cash flow ($142.00 Million).
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Warner Music Group (2003–2025)
Free cash flow generation index of Warner Music Group from 2003 to 2025. Historical FCF Generation Index trend for Warner Music Group across 22 annual periods. See financial flexibility index of Warner Music Group to measure the company's free cash flow as a share of total liabilities.
Warner Music Group Free Cash Flow Generation Index by Year (2003–2025)
Warner Music Group free cash flow generation index by year from 2003 to 2025. Year-by-year Free Cash Flow Generation Index for Warner Music Group. For the full cash flow conversion analysis, see WMG operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.79x | $539.00 Million | $678.00 Million | $139.00 Million | ▼ -6.0% |
| 2024 | 0.85x | $638.00 Million | $754.00 Million | $116.00 Million | ▲ +30.3% |
| 2023 | 0.65x | $446.00 Million | $687.00 Million | $241.00 Million | ▲ +15.8% |
| 2022 | 0.56x | $416.00 Million | $742.00 Million | $326.00 Million | ▲ +458.9% |
| 2021 | 0.10x | $64.00 Million | $638.00 Million | $574.00 Million | ▼ -86.3% |
| 2020 | 0.73x | $338.00 Million | $463.00 Million | $125.00 Million | ▲ +14.5% |
| 2019 | 0.64x | $255.00 Million | $400.00 Million | $145.00 Million | ▼ -19.6% |
| 2018 | 0.79x | $337.00 Million | $425.00 Million | $88.00 Million | ▼ -10.7% |
| 2017 | 0.89x | $475.00 Million | $535.00 Million | $60.00 Million | ▲ +10.4% |
| 2016 | 0.80x | $275.00 Million | $342.00 Million | $67.00 Million | ▲ +24.8% |
| 2015 | 0.64x | $143.00 Million | $222.00 Million | $79.00 Million | ▲ +199.1% |
| 2014 | 0.22x | $28.00 Million | $130.00 Million | $102.00 Million | ▼ -61.1% |
| 2013 | 0.55x | $88.00 Million | $159.00 Million | $71.00 Million | ▼ -20.2% |
| 2012 | 0.69x | $145.00 Million | $209.00 Million | $64.00 Million | ▲ +65.2% |
| 2010 | 0.42x | $63.00 Million | $150.00 Million | $87.00 Million | ▼ -50.0% |
| 2009 | 0.84x | $199.00 Million | $237.00 Million | $38.00 Million | ▲ +3.3% |
| 2008 | 0.81x | $247.00 Million | $304.00 Million | $57.00 Million | ▼ -10.1% |
| 2007 | 0.90x | $273.00 Million | $302.00 Million | $29.00 Million | ▲ +0.2% |
| 2006 | 0.90x | $277.00 Million | $307.00 Million | $30.00 Million | ▲ +5.7% |
| 2005 | 0.85x | $175.00 Million | $205.00 Million | $30.00 Million | ▲ +3.4% |
| 2004 | 0.83x | $71.00 Million | $86.00 Million | $15.00 Million | ▲ +1.1% |
| 2003 | 0.82x | $227.00 Million | $278.00 Million | $51.00 Million | — |