Warner Music GroupWMG +2.61%79 Market Cap is $14,042 Mil as of Jun. 28, 2026. GuruFocus rates WMG with a GF Score™ of 79/100 and a GF Value™ of $35.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,045 Media - Diversified companies, Warner Music Group ranks better than 98.56% on this metric.
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 Mar. 2026 was $25.54. Warner Music Group's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 522 Mil. Therefore, Warner Music Group's market cap for the quarter that ended in Mar. 2026 was $13,322 Mil.
Warner Music Group's quarterly market cap
declined
from Sep. 2025 ($17,789 Mil) to Dec. 2025 ($15,995 Mil) and
declined
from Dec. 2025 ($15,995 Mil) to Mar. 2026 ($13,322 Mil).
Warner Music Group's annual market cap
increased
from Sep. 2023 ($16,202 Mil) to Sep. 2024 ($16,211 Mil) and
increased
from Sep. 2024 ($16,211 Mil) to Sep. 2025 ($17,789 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 $18,476 Mil.
Warner Music Group (NAS:WMG) 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
Warner Music Group Market Cap Historical Data
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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.
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 Market Cap vs 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.
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. 2025 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 (WMG) has a Market Cap of $14,042 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Warner Music Group and its competitors. According to the industry distribution chart, Warner Music Group ranks #15 out of 1045 companies in the Media - Diversified industry, placing it in the top 1.4%.
Is Warner Music Group's Market Cap too high?
Warner Music Group's current Market Cap is $14,042 Mil. The Media - Diversified industry median Market Cap is 49.63. Warner Music Group's value of $14,042 Mil is 28193.4% above this industry median. Based on the distribution chart, Warner Music Group ranks #15 out of 1045 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Warner Music Group has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Warner Music Group's Market Cap compare to TKO and NWSA?
According to the Media - Diversified industry distribution chart, Warner Music Group ranks #15 out of 1045 companies for Market Cap. This places Warner Music Group in the top 1% of its industry — outperforming the majority of peers. The industry median Market Cap is 49.63. Warner Music Group's value of $14,042 Mil is 28193.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Media - Diversified company?
The median Market Cap among Media - Diversified companies is 49.63, based on 1,045 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Warner Music Group's current Market Cap of $14,042 Mil is 28193.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Warner Music Group and its competitors. For the Media - Diversified industry, the median Market Cap is 49.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warner Music Group's current Market Cap is $14,042 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warner Music Group stock overvalued right now?
Based on GuruFocus' analysis, Warner Music Group (WMG) is currently considered Modestly Undervalued. The stock's GF Value™ is $35.06, compared to a current price of $26.92 — trading 23.2% below its estimated fair value. The current Market Cap is $14,042 Mil and 28193.4% above the Media - Diversified industry median of 49.63. Warner Music Group's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Warner Music Group (WMG), the current Market Cap is $14,042 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Warner Music Group (WMG) Overvalued in 2026?
Based on GuruFocus' analysis, Warner Music Group stock appears to be undervalued.
The current stock price of $26.92 is trading 23.2% below its estimated GF Value™ of $35.06.
GuruFocus considers Warner Music Group to be Modestly Undervalued.
Key valuation signals for WMG:
Market Cap: $14,042 Mil
GF Value™: $35.06 vs. price of $26.92 (23.2% below fair value)
Industry Position: 28193.4% above the Media - Diversified median (#15 of 1045)
No single metric tells the full story. See the WMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 Chappell controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 72% economic interest.
79GF Score
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