Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Warner Music Group's share price for the quarter that ended in Sep. 2024 was €27.93. Warner Music Group's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 518 Mil. Therefore, Warner Music Group's market cap for the quarter that ended in Sep. 2024 was €14,466 Mil.
Warner Music Group's quarterly market cap
declined
from Mar. 2024 (€15,864 Mil) to Jun. 2024 (€14,844 Mil) and
declined
from Jun. 2024 (€14,844 Mil) to Sep. 2024 (€14,466 Mil).
Warner Music Group's annual market cap
increased
from Sep. 2022 (€12,135 Mil) to Sep. 2023 (€15,222 Mil) but then
declined
from Sep. 2023 (€15,222 Mil) to Sep. 2024 (€14,466 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Warner Music Group's Enterprise Value for Today is €19,515 Mil.
Warner Music Group Market Cap Historical Data
The historical data trend for Warner Music Group's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Warner Music Group's Market Cap
For the Entertainment subindustry, Warner Music Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Warner Music Group's Market Cap Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Warner Music Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Warner Music Group's Market Cap falls into.
Warner Music Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Warner Music Group's Market Cap for the fiscal year that ended in Sep. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Warner Music Group (STU:WA4) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Warner Music Group Market Cap Related Terms
Thank you for viewing the detailed overview of Warner Music Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 180,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappel controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 72% economic interest.
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