Warner Music Group

NASDAQ:WMG USA Entertainment
Market Cap
$3.89 Billion
Market Cap Rank
#3368 Global
#2227 in USA
Share Price
$26.48
Change (1 day)
-3.29%
52-Week Range
$25.91 - $34.24
All Time High
$46.30
About

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The company is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by recording artists; m… Read more

Market Cap & Net Worth: Warner Music Group (WMG)

Warner Music Group (NASDAQ:WMG) has a market capitalization of $3.89 Billion ($3.89 Billion) as of March 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #3368 globally and #2227 in its home market, demonstrating a -3.74% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Warner Music Group's stock price $26.48 by its total outstanding shares 146965855 (146.97 Million).

Warner Music Group Market Cap History: 2020 to 2026

Warner Music Group's market capitalization history from 2020 to 2026. Data shows change from $5.16 Billion to $3.89 Billion (-0.73% CAGR).

Index Memberships

Warner Music Group is a constituent of 2 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Composite
IXIC
$33.39 Trillion 0.01% #417 of 3165
S&P Midcap 400
MID
$3.04 Trillion 0.17% #306 of 401

Weight: Warner Music Group's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Warner Music Group Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Warner Music Group's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.67x

Warner Music Group's market cap is 0.67 times its annual revenue

Industry average:
0.76x
Lower than industry average

Latest Price to Earnings (P/E) Ratio

12.35x

Warner Music Group's market cap is 12.35 times its annual earnings

Industry average:
6.65x
Higher than industry average
What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2020 $5.16 Billion $4.46 Billion -$475.00 Million 1.16x N/A
2021 $5.95 Billion $5.30 Billion $304.00 Million 1.12x 19.58x
2022 $4.93 Billion $5.92 Billion $551.00 Million 0.83x 8.94x
2023 $5.15 Billion $6.04 Billion $430.00 Million 0.85x 11.97x
2024 $4.56 Billion $6.43 Billion $435.00 Million 0.71x 10.47x
2025 $4.51 Billion $6.71 Billion $365.00 Million 0.67x 12.35x

Competitor Companies of WMG by Market Capitalization

Companies near Warner Music Group in the global market cap rankings as of March 18, 2026.

Key companies related to Warner Music Group by market ranking:

  • Netflix Inc (NASDAQ:NFLX): Ranked #27 globally with a market cap of $395.65 Billion USD.
  • Walt Disney Company (NYSE:DIS): Ranked #91 globally with a market cap of $176.33 Billion USD.
  • The Walt Disney Company (F:WDP): Ranked #106 globally with a market cap of $158.63 Billion USD ( €154.54 Billion EUR).
  • Warner Bros Discovery Inc (NASDAQ:WBD): Ranked #336 globally with a market cap of $64.75 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#27 Netflix Inc NASDAQ:NFLX $395.65 Billion $94.36
#91 Walt Disney Company NYSE:DIS $176.33 Billion $100.30
#106 The Walt Disney Company F:WDP $158.63 Billion €86.69
#336 Warner Bros Discovery Inc NASDAQ:WBD $64.75 Billion $27.64

Warner Music Group Historical Marketcap From 2020 to 2026

Between 2020 and today, Warner Music Group's market cap moved from $5.16 Billion to $ 3.89 Billion, with a yearly change of -0.73%.

Year Market Cap Change (%)
2026 $3.89 Billion -13.66%
2025 $4.51 Billion -1.06%
2024 $4.56 Billion -11.48%
2023 $5.15 Billion +4.44%
2022 $4.93 Billion -17.21%
2021 $5.95 Billion +15.31%
2020 $5.16 Billion --

End of Day Market Cap According to Different Sources

On Mar 18th, 2026 the market cap of Warner Music Group was reported to be:

Source Market Cap
Yahoo Finance $3.89 Billion USD
MoneyControl $3.89 Billion USD
MarketWatch $3.89 Billion USD
marketcap.company $3.89 Billion USD
Reuters $3.89 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.