Warner Music Group (WMG) Interest Coverage 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 Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

4.36x

INTEREST COVERAGE RATIO AVG TTM

5.52x

INTEREST COVERAGE RATIO AVG 3Y

5.32x

INTEREST COVERAGE RATIO AVG 5Y

5.37x

INTEREST COVERAGE RATIO AVG 10Y

3.87x

INTEREST COVERAGE RATIO AVG 15Y

2.74x

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-20.96%

CURRENT VS 3Y AVG

-18.09%

CURRENT VS 5Y AVG

-18.86%

CURRENT VS 10Y AVG

+12.68%

CURRENT VS 15Y AVG

+58.99%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · COMMUNICATION SERVICES

0.38x

median of 126 covered companies

CURRENT VS SECTOR MEDIAN

+1062.67%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Warner Music Group Corp. (WMG)	$14.41B	4.36x	5.52x	5.32x	5.37x
Charter Communications, Inc. (CHTR)vs ›	$14.64B	2.64x	2.58x	2.57x	2.53x
Millicom International Cellular S.A. (TIGO)vs ›	$15.16B	2.33x	2.10x	1.69x	1.33x
TKO Group Holdings, Inc. (TKO)vs ›	$13.23B	4.74x	3.92x	3.55x	4.61x
EchoStar Corporation (ECHO)vs ›	$15.85B	-0.06x	29.49x	15.01x	10.32x
News Corporation (NWSA)vs ›	$16.03B	N/A	59.24x	34.10x	27.06x
Pinterest, Inc. (PINS)vs ›	$12.74B	N/A	34.63x	34.63x	34.63x
News Corporation (NWS)vs ›	$17.25B	N/A	77.94x	46.23x	43.38x
Globalstar, Inc. (GSAT)vs ›	$10.77B	N/A	54.20x	54.20x	36.14x
Paramount Skydance Corporation Class B Common Stock (PSKY)vs ›	$10.63B	-6.13x	1.87x	1.87x	1.87x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Warner Music Group Corp. (WMG)

$14.41B

4.36x

5.52x

5.32x

5.37x

Charter Communications, Inc. (CHTR)vs ›

$14.64B

2.64x

2.58x

2.57x

2.53x

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

$15.16B

2.33x

2.10x

1.69x

1.33x

TKO Group Holdings, Inc. (TKO)vs ›

$13.23B

4.74x

3.92x

3.55x

4.61x

EchoStar Corporation (ECHO)vs ›

$15.85B

-0.06x

29.49x

15.01x

10.32x

News Corporation (NWSA)vs ›

$16.03B

N/A

59.24x

34.10x

27.06x

Pinterest, Inc. (PINS)vs ›

$12.74B

N/A

34.63x

News Corporation (NWS)vs ›

$17.25B

N/A

77.94x

46.23x

43.38x

Globalstar, Inc. (GSAT)vs ›

$10.77B

N/A

54.20x

36.14x

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

$10.63B

-6.13x

1.87x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Warner Music Group Corp. (WMG)?

The interest coverage ratio for WMG stock is 4.36x.

Is Warner Music Group Corp.'s interest coverage ratio high or low?

The interest coverage ratio of 4.36x is 19% below its 5-year average of 5.37x, near the low end of its 5-year range (2.83x–9.08x).

What is the TTM average interest coverage ratio for Warner Music Group Corp. (WMG)?

The TTM average interest coverage ratio for WMG stock is 5.52x.

What is the 3Y average interest coverage ratio for Warner Music Group Corp. (WMG)?

The 3Y average interest coverage ratio for WMG stock is 5.32x.

What is the 5Y average interest coverage ratio for Warner Music Group Corp. (WMG)?

The 5Y average interest coverage ratio for WMG stock is 5.37x.

What is the 10Y average interest coverage ratio for Warner Music Group Corp. (WMG)?

The 10Y average interest coverage ratio for WMG stock is 3.87x.

What is the 15Y average interest coverage ratio for Warner Music Group Corp. (WMG)?

The 15Y average interest coverage ratio for WMG stock is 2.74x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	6.22x
2026-03-31	6.59x
2025-12-31	7.27x
2025-09-30	3.58x
2025-06-30	3.93x
2025-03-31	4.31x
2024-12-31	5.78x
2024-09-30	3.58x
2024-06-30	5.17x
2024-03-31	2.83x
2023-12-31	9.08x
2023-09-30	5.89x
2023-06-30	4.97x
2023-03-31	3.54x
2022-12-31	8.28x
2022-09-30	5.26x
2022-06-30	4.56x
2022-03-31	5.19x
2021-12-31	7.97x
2021-09-30	3.45x
2021-06-30	5.40x
2021-03-31	4.72x
2020-12-31	6.32x
2020-09-30	3.03x
2020-06-30	-13.53x
2020-03-31	-1.48x
2019-12-31	5.00x
2019-09-30	0.85x
2019-06-30	1.61x
2019-03-31	3.39x
2018-12-31	4.08x
2018-09-30	0.48x
2018-06-30	0.85x
2018-03-31	2.31x
2017-12-31	2.50x
2017-09-30	-0.03x
2017-06-30	1.42x
2017-03-31	2.17x
2016-12-31	2.35x
2016-09-30	1.31x
2016-06-30	1.05x
2016-03-31	1.21x
2015-12-31	1.38x
2015-09-30	0.82x
2015-06-30	0.51x
2015-03-31	0.98x
2014-12-31	0.50x
2014-09-30	0.52x
2014-06-30	-0.31x
2014-03-31	-0.09x
2013-12-31	0.27x
2013-09-30	-0.76x
2013-06-30	0.17x
2013-03-31	1.16x
2012-12-31	0.96x
2012-09-30	0.73x
2012-06-30	0.13x
2012-03-31	0.39x
2011-12-31	0.68x
2011-09-30	0.29x
2011-06-30	0.21x
2011-03-31	0.34x
2010-12-31	0.57x
2010-09-30	0.43x
2010-06-30	-0.02x
2010-03-31	0.52x
2009-12-31	0.92x
2009-09-30	1.10x
2009-06-30	0.41x
2009-03-31	0.37x
2008-12-31	0.93x

DATE

INTEREST COVERAGE RATIO

2026-06-30

6.22x

2026-03-31

6.59x

2025-12-31

7.27x

2025-09-30

3.58x

2025-06-30

3.93x

2025-03-31

4.31x

2024-12-31

5.78x

2024-09-30

3.58x

2024-06-30

5.17x

2024-03-31

2.83x

2023-12-31

9.08x

2023-09-30

5.89x

2023-06-30

4.97x

2023-03-31

3.54x

2022-12-31

8.28x

2022-09-30

5.26x

2022-06-30

4.56x

2022-03-31

5.19x

2021-12-31

7.97x

2021-09-30

3.45x

2021-06-30

5.40x

2021-03-31

4.72x

2020-12-31

6.32x

2020-09-30

3.03x

2020-06-30

-13.53x

2020-03-31

-1.48x

2019-12-31

5.00x

2019-09-30

0.85x

2019-06-30

1.61x

2019-03-31

3.39x

2018-12-31

4.08x

2018-09-30

0.48x

2018-06-30

0.85x

2018-03-31

2.31x

2017-12-31

2.50x

2017-09-30

-0.03x

2017-06-30

1.42x

2017-03-31

2.17x

2016-12-31

2.35x

2016-09-30

1.31x

2016-06-30

1.05x

2016-03-31

1.21x

2015-12-31

1.38x

2015-09-30

0.82x

2015-06-30

0.51x

2015-03-31

0.98x

2014-12-31

0.50x

2014-09-30

0.52x

2014-06-30

-0.31x

2014-03-31

-0.09x

2013-12-31

0.27x

2013-09-30

-0.76x

2013-06-30

0.17x

2013-03-31

1.16x

2012-12-31

0.96x

2012-09-30

0.73x

2012-06-30

0.13x

2012-03-31

0.39x

2011-12-31

0.68x

2011-09-30

0.29x

2011-06-30

0.21x

2011-03-31

0.34x

2010-12-31

0.57x

2010-09-30

0.43x

2010-06-30

-0.02x

2010-03-31

0.52x

2009-12-31

0.92x

2009-09-30

1.10x

2009-06-30

0.41x

2009-03-31

0.37x

2008-12-31

0.93x

Interest Coverage Ratio: 4.36x

WMG Interest Coverage Ratio

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WMG Current vs Average Interest Coverage Ratio Chart

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Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

WMG Interest Coverage Ratio History

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