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WMG NASDAQ

Warner Music Group Corp.
1W: -3.3% 1M: +11.6% 3M: +3.8% YTD: +0.2% 1Y: -7.1% 3Y: +1.0% 5Y: -30.8%
$30.31
+0.02 (+0.07%)
 
Weekly Expected Move ±4.4%
$28 $30 $31 $32 $34
NASDAQ · Communication Services · Entertainment · Tech Score Buy · Power 71 · $15.9B mcap · 513M float · 0.418% daily turnover · Short 26% of daily vol
Credit Risk of going bust: lower than 64% of companies Debt: 23.7% of company value Bonds: $97.4M held by 58 funds, 95 bp over Treasuries → details ▾
Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.64 (down 98%), Warner Music Group Corp. would be worth roughly what it owes.
Total debt $4.92B against a stock market value of $15.86B.
Distance to default 6.65 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $2.35B (short-term plus half of long-term), stock volatility 35.0%; Altman Z'' -0.31. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Supply Chain Overview

5 relationships
5
As Filer
counterparties named
0
As Counterparty
mentioned by others
3
Rel. Types
2021-12-17
Earliest Filing
2026-02-05
Latest Filing
partner: 3 JV: 1 target: 1

Counterparties (Filed by WMG)

5 relationships

Companies named in WMG's SEC 8-K filings as business counterparties.

Counterparty Ticker Relationship Summary Filing Date SEC
Bain Capital Special Situations, LP — JV Partner in the Master Operations and Economics Agreement with WMGCo 2026-02-05 View
Bain Capital Special Situations, LP — partner Partner in the formation of Beethoven JV 1 LLC (WMBC) with a 50% ownership interest. 2025-07-01 View
Theory Entertainment LLC — target Target of merger acquired by Warner Music Group Corp. 2021-12-17 View
MM Investment LLC — partner Wholly-owned subsidiary of the Company acting as party to merger agreement. 2021-12-17 View
Trifecta Merger Subsidiary LLC — partner Buyer Representative in the merger agreement. 2021-12-17 View
Recent 8-K Filings (20)
Filing Date Description Type SEC
2026-09-25 Material Agreement Agreement View
2026-09-22 Officer/Director Change View
2026-09-04 Officer/Director Change View
2026-08-05 Earnings Release; Other Events; Exhibits View
2026-08-03 Earnings Release; Regulation FD; Exhibits View
2026-07-31 Officer/Director Change; Exhibits View
2026-05-07 Earnings Release; Exhibits View
2026-03-11 Entry into Material Definitive Agreement; Creation of Direct Financial Obligation; Financial Stateme Agreement View
2026-03-06 Submission of Matters to a Vote of Security Holders View
2026-03-03 Regulation FD Disclosure; Financial Statements and Exhibits View
2026-02-05 Entry into Material Definitive Agreement Agreement View
2026-02-05 Results of Operations and Financial Condition; Financial Statements and Exhibits View
2025-12-01 Departure/Election of Directors; Appointment of Officers View
2025-11-20 Results of Operations and Financial Condition; Financial Statements and Exhibits View
2025-11-07 Other Events; Financial Statements and Exhibits View
2025-08-07 Results of Operations and Financial Condition; Other Events; Financial Statements and Exhibits View
2025-07-01 Entry into Material Definitive Agreement; Creation of Direct Financial Obligation; Costs Associated Agreement View
2025-05-16 Other Events; Financial Statements and Exhibits View
2025-05-08 Results of Operations and Financial Condition; Financial Statements and Exhibits View
2025-04-14 Departure/Election of Directors; Appointment of Officers; Regulation FD Disclosure; Financial Statem View
Data extracted from SEC EDGAR 8-K filings using NLP. Relationships are as disclosed in filing text. Covers 2021–2026. View on SEC EDGAR

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms