Overview
Warner Music
Warner Music Group (WMG) is one of the world's leading recording companies. Its renowned family of iconic record labels, including Atlantic Records, Warner Records, Elektra Records, and Parlophone Records, is home to many of the world's most popular and influential recording artists. In addition, Warner Chappell Music, its global music publishing business, boasts an extraordinary catalog that includes timeless standards and contemporary hits, representing
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Read More works by over 180,000 songwriters and composers, with a global collection of more than one and a half million musical compositions. WMG is owned by diversified business group Access Industries. Most of the company's revenue comes from outside the US.
Read Less
Read More works by over 180,000 songwriters and composers, with a global collection of more than one and a half million musical compositions. WMG is owned by diversified business group Access Industries. Most of the company's revenue comes from outside the US.
Read Less
#
566
Fortune 1000 Revenue Rank
Robert Kyncl
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Sound Recording Industries
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Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)
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Motion Picture and Video Industries
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Independent Artists, Writers, and Performers
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Recording studio, noncommercial records
See All Industries , Music recording producer , Music and broadcasting services , Music licensing and royalties , Music video production , Sound effects and music production, motion picture Music arranging and composing
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See All Industries , Music recording producer , Music and broadcasting services , Music licensing and royalties , Music video production , Sound effects and music production, motion picture Music arranging and composing
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All Other Telecommunications
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Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
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Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers
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Motion Picture and Video Industries
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Newspaper, Periodical, Book, and Directory Publishers
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Radio and Television Broadcasting Stations
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Satellite Telecommunications
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Software Publishers
View more , Web Search Portals, Libraries, Archives, and Other Information Services Wired and Wireless Telecommunications (except Satellite)
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View more , Web Search Portals, Libraries, Archives, and Other Information Services Wired and Wireless Telecommunications (except Satellite)
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Modelled
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Actual
$6.43 billion
Actual
6.44%
1.16%
$9,155
SEP
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NASDAQ:WMG
Contacts
Get in Touch with 5 Principals* and 74 Contacts
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Robert KynclChief Executive Officer
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Contact 3?
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Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of September 30, 2024 (12 month period) in USD
Annual Revenue 2024
$6.43 billion
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $754 | $687 | $742 |
| Net Investing Cash | -$311 | -$300 | -$824 |
| Net Financing Cash | -$396 | -$325 | $188 |
| Net Change in Cash | $47 | $62 | $106 |
| Cash at Beginning of Period | $641 | $584 | $499 |
| Cash at End of Period | $694 | $641 | $584 |
| Capital Expenditure | -$303 | -$241 | -$326 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $694 | $641 | $584 |
| Accounts Receivable | $1,255 | $1,120 | $984 |
| Inventories | $99 | $126 | $108 |
| Other Current Assets | $595 | $515 | $463 |
| Asset Summary | |||
| Total Current Assets | $2,643 | $2,402 | $2,139 |
| Tangible Fixed Assets | $706 | $703 | $641 |
| Intangible Assets | $2,511 | $2,502 | $2,384 |
| Total Assets | $9,155 | $8,545 | $7,828 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $289 | $300 | $268 |
| Short-Term Debt | $ | $ | $ |
| Other Current Liabilities | $3,608 | $3,239 | $3,100 |
| Liability Summary | |||
| Total Current Liabilities | $3,897 | $3,539 | $3,368 |
| Long-Term Debt | $4,014 | $3,964 | $3,732 |
| Other Long-Term Liabilities | $146 | $141 | $99 |
| Total Liabilities | $8,480 | $8,115 | $7,660 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $1 | $1 | $1 |
| Retained Earnings | -$1,313 | -$1,387 | -$1,477 |
| Equity Summary | |||
| Total Equity | $518 | $307 | $152 |
| Shares Outstanding | 517,939,000 | 515,995,173 | 514,849,649 |