Warner Music Group Corp.
WMG

$16.13 B
Marketcap
$31.14
Share price
Country
$-0.72
Change (1 day)
$38.05
Year High
$27.06
Year Low
Categories

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. The company operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 100,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.

marketcap

P/E ratio for Warner Music Group Corp. (WMG)

P/E ratio as of 2023: 37.66

According to Warner Music Group Corp.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.66. At the end of 2022 the company had a P/E ratio of 21.68.

P/E ratio history for Warner Music Group Corp. from 2000 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 37.66
2022 21.68
2021 72.19
2020 -30.86
2019 60.00
2018 49.25
2017 105.73
2016 604.80
2015 -166.15
2014 -49.09
2013 -76.36
2012 -135.00
2011 0.00
2010 -31.53
2009 -45.00
2008 -79.76
2007 -209.69
2006 71.69
2005 -20.34
2004 -63.53
2003 -11.18
2002 -2.51
2000 -37.06