Warner Music Group Corp. (WMG): Valuation
TTM figures as of June 30, 2026
Warner Music Group Corp. trades at 22.1 times trailing earnings and a 5.64% free-cash-flow yield. The Communication Services median P/E is 17.0.
Earnings yield 4.53%. Shareholder yield 3.11%. ROIC 15.1%. Net debt $4.1B.
Sector comparison uses 1006 Communication Services names.
Frequently asked questions
Is WMG cheap versus its own history?
Warner Music Group Corp. trades at 22.1 times trailing earnings and a 5.64% free-cash-flow yield. The Communication Services median P/E is 17.0.
What is WMG's free-cash-flow yield?
Warner Music Group Corp. currently yields 5.64% of market cap as trailing free cash flow.
Where do these valuation figures come from?
Yields and quality metrics are computed from the same SEC TTM figures as the financials page, against the live market cap. Historical bands reconstruct month-end market cap from split-adjusted closes and the share count in the units it was filed, then divide by those dollar totals. Nothing here is a third-party estimate.