Warner Music market cap WMG
Share price times shares outstanding: what the whole company sells for, since 2020.
- Today, Oct 23, 2026
- $16.1B
- Highest close in our data
- $25.5B
- Oct 2021
Warner Music is worth $16.1B at the close on Oct 23, 2026, at $30.86 a share.
That is down 6% over the last year and down 37% over five years.
Its highest close in our data was $25.5B in Oct 2021.
Market cap over time
Year by year
| Year | End of year | Low | High | Change |
|---|---|---|---|---|
| 2026 so far | $16.1B | $12.4B | $18.1B | +3% |
| 2025 | $15.6B | $13.7B | $18.9B | −4% |
| 2024 | $16.3B | $14.3B | $19.2B | −12% |
| 2023 | $18.5B | $12.6B | $19.5B | +2% |
| 2022 | $18B | $11.7B | $21.6B | −19% |
| 2021 | $22.2B | $16.7B | $25.5B | +15% |
| 2020 | $19.4B | $13.5B | $19.4B | n/a |
Against its peers
Companies in Entertainment nearest Warner Music's size, closest first, today.
| Company | Market cap |
|---|---|
| WMGWarner Music | $16.1B |
| FWONKLiberty Media | $22.4B |
| ROKURoku | $23.5B |
| FOXAFox | $27.9B |
| TKOTKO | $32.8B |
| LYVLive Nation Entertainment | $40.9B |
| CHDNChurchill Downs | $5.8B |
| MTNVail Resorts | $5.2B |
| NXSTNexstar Media | $5.2B |
| CNKCinemark | $4.6B |
| RSIRush Street Interactive | $3.7B |
| Peer median | $14.1B |
What the market cap tells you
Share price times shares outstanding: what the whole company sells for today.
Size, not quality. Large caps move slower and are covered more. That is all it tells you.
More on Warner Music
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.