Warner Music Group (HAM:WA4) Stock Based Compensation: €53 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:WA4 Warner Music Group Corp HAM:WA4
76 GF Score
Price €24.75
GF Value €30.69
! 2 Warning Signs
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What is Warner Music Group Stock Based Compensation?

Warner Music Group HAM:WA4 +1.48% 76 Stock Based Compensation is €53 Mil as of Mar. 2026. GuruFocus rates HAM:WA4 with a GF Score™ of 76/100 and a GF Value™ of €30.69. The stock has 2 warning signs investors should review.

Warner Music Group's Stock Based Compensation for the three months ended in Mar. 2026 was €14 Mil. Its Stock Based Compensation for the trailing twelve months (TTM) ended in Mar. 2026 was €53 Mil.

Warner Music Group Stock Based Compensation Related Terms

Warner Music Group Stock Based Compensation Historical Data

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The historical data trend for Warner Music Group's Stock Based Compensation 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.

Warner Music Group Stock Based Compensation Chart

Warner Music Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Stock Based Compensation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.25 39.39 45.91 46.85 46.01

Warner Music Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Stock Based Compensation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.95 13.87 9.37 16.23 13.84
HAM:WA4
76GF Score
Warner Music Group Corp HAM:WA4
Stock Based Compensation is just one metric. See GF Score™, valuation, warning signs, and more.
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Warner Music Group Stock Based Compensation Calculation

Stock Based Compensation is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Stock Based Compensation for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €53 Mil.

What does a Stock Based Compensation of €53 Mil mean?
Warner Music Group (HAM:WA4) has a Stock Based Compensation of €53 Mil as of Mar. 2026. Stock based compensation is the amount of company stock issued as employee benefits. View historical data for Warner Music Group and its competitors.
Is Warner Music Group's Stock Based Compensation too high?
Warner Music Group's current Stock Based Compensation is €53 Mil. Overall, Warner Music Group has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Warner Music Group's Stock Based Compensation compare to NWSA and TKO?
Warner Music Group's Stock Based Compensation of €53 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Stock Based Compensation for a Media - Diversified company?
A good Stock Based Compensation depends on the Media - Diversified industry context. However, Stock Based Compensation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Stock Based Compensation mean?
A high Stock Based Compensation can signal that a stock is expensive relative to its fundamentals. Stock based compensation is the amount of company stock issued as employee benefits. View historical data for Warner Music Group and its competitors. Warner Music Group's current Stock Based Compensation is €53 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?
Warner Music Group (HAM:WA4) has a current Stock Based Compensation of €53 Mil. The stock's GF Value™ is €30.69, compared to a current price of €24.75 — trading 19.4% below its estimated fair value. The current Stock Based Compensation is €53 Mil. Warner Music Group's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Stock Based Compensation calculated?
Stock Based Compensation is calculated from a company's financial statements. For Warner Music Group (HAM:WA4), the current Stock Based Compensation is €53 Mil as of Mar. 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 (HAM:WA4) Overvalued in 2026?

Based on GuruFocus' analysis, Warner Music Group stock appears to be undervalued. The current stock price of €24.75 is trading 19.4% below its estimated GF Value™ of €30.69.

Key valuation signals for HAM:WA4:

  • Stock Based Compensation: €53 Mil
  • GF Value™: €30.69 vs. price of €24.75 (19.4% below fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the HAM:WA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Warner Music Group Business Description

Address 1633 Broadway, New York, NY, USA, 10019
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.
76GF Score

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Stock Based Compensation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€24.75
Price
€30.69
GF Value