Company / Working Capital
Warner Music Group Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$1.4B
FY2025
5-year range
-$1.4B / -$1.1B
FY2021-FY2025
Trend
-14.1%
vs FY2024
Sector context
#69 of 77
Communication Services
What the data says
Among 77 Communication Services companies, Warner Music Group is in the bottom 10% for working capital. Working Capital has fluctuated over the past 10 years, ranging from -$1.4B in FY2025 to -$825M in FY2017.
Based on SEC 10-K filings.
-$1.4B in FY2025.
Declined from -$1.1B to -$1.4B over the past 2 years.
Communication Services sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 10% in Communication ServicesTop 90% of 77This company -$1.4B Sector average $2.1B
▼
-168.7% below sector average
Key checks
Key Insights
- In FY2025, working capital decreased 14.1% year-over-year.
- Ranks #69 out of 77 companies in the Communication Services sector.
- Peak working capital was recorded in FY2017.
Company context
Key Data Points
- Altman Z-Score 0.71 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$1.4B | -14.1% |
| FY2024 | -$1.3B | -10.3% |
| FY2023 | -$1.1B | +7.5% |
| FY2022 | -$1.2B | +2.0% |
| FY2021 | -$1.3B | -20.3% |
| FY2020 | -$1.0B | +7.6% |
| FY2019 | -$1.1B | +5.8% |
| FY2018 | -$1.2B | -45.1% |
| FY2017 | -$825.0M | +11.7% |
| FY2016 | -$934.0M | +9.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026