Warner Music Group (WMG) Debt/Assets Ratio: History & Chart

Warner Music Group Corp.(WMG)

Entertainment · New York City, NY

$27.61-0.02 (-0.07%)

Delayed quote: Oct 6, 2026, 4:00 PM EDT

About Warner Music Group Corp.

Warner Music Group Corp. (WMG), established in 1929 and based in New York City, functions as a prominent global entertainment enterprise primarily focused on music. Its operations span the United States, the United Kingdom, Germany, and numerous other international markets. The company's activities are organized into two distinct divisions: Recorded Music and Music Publishing. The Recorded Music division is dedicated to identifying and cultivating emerging musical talent. It handles the subsequent marketing, promotional campaigns, distribution logistics, sales, and licensing of the recordings produced by these artists. This segment also actively markets its vast catalog of existing music, issuing compilations, re-releases of classic tracks and videos, and previously unreleased material. Its operations are chiefly conducted through a diverse portfolio of renowned record labels, including but not limited to Warner Records, Atlantic Records, Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. Music and video products are distributed and sold by this division to a wide array of channels, encompassing direct retailers, wholesale distributors, independent labels, various distribution centers and joint ventures, physical retail locations, online stores, streaming platforms, and digital download services. The Music Publishing division is responsible for owning and acquiring the intellectual property rights to approximately one million musical compositions. This extensive collection includes iconic pop hits, American classics, folk melodies, and scores for motion pictures and theatrical productions. Its comprehensive catalog represents the work of roughly 100,000 songwriters and composers, covering an expansive spectrum of musical styles such as pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. Furthermore, this segment provides administrative services for the musical scores and soundtracks associated with various external television and film production companies and studios.

New York City, NY

5,500 employees

www.wmg.com

Communication Services / Entertainment

Sector: Communication Services
Industry: Entertainment
CEO: Robert Kyncl

View full financials

WMG Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

45.86%

DEBT TO ASSETS RATIO AVG TTM

46.88%

DEBT TO ASSETS RATIO AVG 3Y

47.47%

DEBT TO ASSETS RATIO AVG 5Y

49.55%

DEBT TO ASSETS RATIO AVG 10Y

50.59%

DEBT TO ASSETS RATIO AVG 15Y

49.55%

DEBT TO ASSETS RATIO AVG 20Y

49.81%

CURRENT VS TTM AVG

-2.19%

CURRENT VS 3Y AVG

-3.41%

CURRENT VS 5Y AVG

-7.46%

CURRENT VS 10Y AVG

-9.36%

CURRENT VS 15Y AVG

-7.45%

CURRENT VS 20Y AVG

-7.93%

SECTOR MEDIAN · COMMUNICATION SERVICES

0.25%

median of 154 covered companies

CURRENT VS SECTOR MEDIAN

+18242.50%

vs the sector median at left

NAME	MARKET CAP	DEBT TO ASSETS RATIO	TTM	3Y	5Y
Warner Music Group Corp. (WMG)	$14.41B	45.86%	46.88%	47.47%	49.55%
Charter Communications, Inc. (CHTR)vs ›	$14.64B	0.62%	N/A	N/A	N/A
Millicom International Cellular S.A. (TIGO)vs ›	$15.16B	0.58%	N/A	N/A	N/A
TKO Group Holdings, Inc. (TKO)vs ›	$13.23B	0.30%	N/A	N/A	N/A
EchoStar Corporation (ECHO)vs ›	$15.85B	0.45%	N/A	N/A	N/A
News Corporation (NWSA)vs ›	$16.03B	0.19%	N/A	N/A	N/A
Pinterest, Inc. (PINS)vs ›	$12.74B	0.25%	N/A	N/A	N/A
News Corporation (NWS)vs ›	$17.25B	0.19%	N/A	N/A	N/A
Globalstar, Inc. (GSAT)vs ›	$10.77B	0.17%	N/A	N/A	N/A
Paramount Skydance Corporation Class B Common Stock (PSKY)vs ›	$10.63B	0.34%	N/A	N/A	N/A

NAME

MARKET CAP

DEBT TO ASSETS RATIO

TTM

Warner Music Group Corp. (WMG)

$14.41B

45.86%

46.88%

47.47%

49.55%

Charter Communications, Inc. (CHTR)vs ›

$14.64B

0.62%

N/A

Millicom International Cellular S.A. (TIGO)vs ›

$15.16B

0.58%

N/A

TKO Group Holdings, Inc. (TKO)vs ›

$13.23B

0.30%

N/A

EchoStar Corporation (ECHO)vs ›

$15.85B

0.45%

N/A

News Corporation (NWSA)vs ›

$16.03B

0.19%

N/A

Pinterest, Inc. (PINS)vs ›

$12.74B

0.25%

N/A

News Corporation (NWS)vs ›

$17.25B

0.19%

N/A

Globalstar, Inc. (GSAT)vs ›

$10.77B

0.17%

N/A

Paramount Skydance Corporation Class B Common Stock (PSKY)vs ›

$10.63B

0.34%

N/A

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Warner Music Group Corp. (WMG)?

The debt to assets ratio for WMG stock is 45.86%.

Is Warner Music Group Corp.'s debt to assets ratio high or low?

The debt to assets ratio of 45.86% is in line with its 5-year average of 49.55%, near the low end of its 5-year range (45.86%–53.36%).

What is the TTM average debt to assets ratio for Warner Music Group Corp. (WMG)?

The TTM average debt to assets ratio for WMG stock is 46.88%.

What is the 3Y average debt to assets ratio for Warner Music Group Corp. (WMG)?

The 3Y average debt to assets ratio for WMG stock is 47.47%.

What is the 5Y average debt to assets ratio for Warner Music Group Corp. (WMG)?

The 5Y average debt to assets ratio for WMG stock is 49.55%.

What is the 10Y average debt to assets ratio for Warner Music Group Corp. (WMG)?

The 10Y average debt to assets ratio for WMG stock is 50.59%.

What is the 15Y average debt to assets ratio for Warner Music Group Corp. (WMG)?

The 15Y average debt to assets ratio for WMG stock is 49.55%.

What is the 20Y average debt to assets ratio for Warner Music Group Corp. (WMG)?

The 20Y average debt to assets ratio for WMG stock is 49.81%.

DATE	DEBT TO ASSETS RATIO
2026-06-30	45.86%
2026-03-31	46.56%
2025-12-31	47.89%
2025-09-30	46.88%
2025-06-30	47.23%
2025-03-31	47.61%
2024-12-31	46.18%
2024-09-30	46.83%
2024-06-30	48.17%
2024-03-31	48.86%
2023-12-31	47.78%
2023-09-30	49.85%
2023-06-30	52.67%
2023-03-31	53.36%
2022-12-31	51.90%
2022-09-30	51.26%
2022-06-30	52.98%
2022-03-31	53.18%
2021-12-31	51.95%
2021-09-30	50.98%
2021-06-30	52.60%
2021-03-31	53.94%
2020-12-31	53.67%
2020-09-30	53.70%
2020-06-30	54.42%
2020-03-31	54.44%
2019-12-31	53.01%
2019-09-30	49.43%
2019-06-30	50.48%
2019-03-31	50.66%
2018-12-31	50.42%
2018-09-30	52.75%
2018-06-30	48.82%
2018-03-31	50.97%
2017-12-31	47.97%
2017-09-30	49.16%
2017-06-30	51.05%
2017-03-31	52.17%
2016-12-31	51.59%
2016-09-30	52.07%
2016-06-30	52.93%
2016-03-31	53.09%
2015-12-31	53.20%
2015-09-30	53.26%
2015-06-30	52.90%
2015-03-31	52.86%
2014-12-31	51.55%
2014-09-30	50.89%
2014-06-30	49.80%
2014-03-31	46.80%
2013-12-31	46.53%
2013-09-30	45.86%
2013-06-30	42.25%
2013-03-31	43.29%
2012-12-31	42.80%
2012-09-30	41.80%
2012-06-30	42.79%
2012-03-31	41.70%
2011-12-31	41.21%
2011-09-30	41.21%
2011-06-30	54.48%
2011-03-31	53.94%
2010-12-31	53.91%
2010-09-30	51.47%
2010-06-30	52.97%
2010-03-31	51.55%
2009-12-31	49.42%
2009-09-30	47.72%
2009-06-30	48.51%
2009-03-31	52.20%
2008-12-31	49.79%
2008-09-30	50.47%
2008-06-30	50.28%
2008-03-31	50.20%
2007-12-31	49.38%
2007-09-30	49.72%
2007-06-30	49.85%
2007-03-31	50.45%
2006-12-31	49.87%
2006-09-30	49.91%
2006-06-30	50.21%
2006-03-31	50.25%
2005-12-31	48.98%
2005-09-30	49.93%
2005-06-30	49.75%
2005-03-31	53.77%
2004-12-31	50.69%

DATE

DEBT TO ASSETS RATIO

2026-06-30

45.86%

2026-03-31

46.56%

2025-12-31

47.89%

2025-09-30

46.88%

2025-06-30

47.23%

2025-03-31

47.61%

2024-12-31

46.18%

2024-09-30

46.83%

2024-06-30

48.17%

2024-03-31

48.86%

2023-12-31

47.78%

2023-09-30

49.85%

2023-06-30

52.67%

2023-03-31

53.36%

2022-12-31

51.90%

2022-09-30

51.26%

2022-06-30

52.98%

2022-03-31

53.18%

2021-12-31

51.95%

2021-09-30

50.98%

2021-06-30

52.60%

2021-03-31

53.94%

2020-12-31

53.67%

2020-09-30

53.70%

2020-06-30

54.42%

2020-03-31

54.44%

2019-12-31

53.01%

2019-09-30

49.43%

2019-06-30

50.48%

2019-03-31

50.66%

2018-12-31

50.42%

2018-09-30

52.75%

2018-06-30

48.82%

2018-03-31

50.97%

2017-12-31

47.97%

2017-09-30

49.16%

2017-06-30

51.05%

2017-03-31

52.17%

2016-12-31

51.59%

2016-09-30

52.07%

2016-06-30

52.93%

2016-03-31

53.09%

2015-12-31

53.20%

2015-09-30

53.26%

2015-06-30

52.90%

2015-03-31

52.86%

2014-12-31

51.55%

2014-09-30

50.89%

2014-06-30

49.80%

2014-03-31

46.80%

2013-12-31

46.53%

2013-09-30

45.86%

2013-06-30

42.25%

2013-03-31

43.29%

2012-12-31

42.80%

2012-09-30

41.80%

2012-06-30

42.79%

2012-03-31

41.70%

2011-12-31

41.21%

2011-09-30

41.21%

2011-06-30

54.48%

2011-03-31

53.94%

2010-12-31

53.91%

2010-09-30

51.47%

2010-06-30

52.97%

2010-03-31

51.55%

2009-12-31

49.42%

2009-09-30

47.72%

2009-06-30

48.51%

2009-03-31

52.20%

2008-12-31

49.79%

2008-09-30

50.47%

2008-06-30

50.28%

2008-03-31

50.20%

2007-12-31

49.38%

2007-09-30

49.72%

2007-06-30

49.85%

2007-03-31

50.45%

2006-12-31

49.87%

2006-09-30

49.91%

2006-06-30

50.21%

2006-03-31

50.25%

2005-12-31

48.98%

2005-09-30

49.93%

2005-06-30

49.75%

2005-03-31

53.77%

2004-12-31

50.69%

Debt to Assets Ratio: 45.86%

WMG Debt to Assets Ratio

WMG Average Debt to Assets Ratio Chart

WMG Current vs Average Debt to Assets Ratio Chart

WMG Debt to Assets Ratio Metrics

WMG Competitors' Debt to Assets Ratio

Leverage Ratios Comparison

Debt to Assets Ratio Formula & Definition

Debt to Assets Ratio FAQ

WMG Debt to Assets Ratio History

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