Warner Music Group Corp. (WMG) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 295.71% of current shares
Recent Dilution: 4.5% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
150M
Potential Supply
430M
Additional shares possible
Splits
None
Past 2 years

Summary

WMG currently has 147M outstanding shares. with significant dilution risk as 433M authorized shares could dilute existing holders by 295.7%. The company has minimally diluted shareholders by 4.5% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 146.6M shares outstanding

150M 430M
Nov 20, 2025

10-K filing | 145.1M shares outstanding

150M 430M
Aug 07, 2025

10-Q filing | 145.9M shares outstanding

150M 430M
May 08, 2025

10-Q filing | 144.9M shares outstanding

140M 440M
Feb 06, 2025

10-Q filing | 143.1M shares outstanding

140M 440M
Nov 21, 2024

10-K filing | 140.9M shares outstanding

140M 440M
Aug 07, 2024

10-Q filing | 141.6M shares outstanding

140M 440M
May 09, 2024

10-Q filing | 141.0M shares outstanding

140M 440M
Feb 08, 2024

10-Q filing | 139.0M shares outstanding

140M 440M
Nov 21, 2023

10-K filing | 138.1M shares outstanding

140M 440M
Aug 08, 2023

10-Q filing | 138.3M shares outstanding

140M 440M
May 09, 2023

10-Q filing | 138.3M shares outstanding

140M 440M
Feb 09, 2023

10-Q filing | 137.4M shares outstanding

140M 440M
Nov 22, 2022

10-K filing | 133.7M shares outstanding

130M 450M
Aug 09, 2022

10-Q filing | 137.2M shares outstanding

140M 440M
May 10, 2022

10-Q filing | 136.3M shares outstanding

140M 440M
Feb 08, 2022

10-Q filing | 124.0M shares outstanding

120M 460M
Nov 23, 2021

10-K filing | 123.1M shares outstanding

120M 460M
Aug 03, 2021

10-Q filing | 116.9M shares outstanding

120M 460M
May 04, 2021

10-Q filing | 116.9M shares outstanding

120M 460M
Feb 01, 2021

10-Q filing | 111.2M shares outstanding

110M 470M
Nov 23, 2020

10-K filing | 88.6M shares outstanding

89M 490M
Aug 04, 2020

10-Q filing | 88.6M shares outstanding

89M 490M
May 29, 2020

S-1/A filing: The filing is an S-1/A amendment related to a planned offering of Class A common stock, detailing the dilution effect on new investors and providing information on shares outstanding after the offering.

510M 70M
May 26, 2020

S-1/A filing: This S-1/A filing discusses the sale of Class A common stock and its potential impact on the market price and shareholder dilution.

510M 70M
May 07, 2020

10-Q filing | 510.0M shares outstanding

510M 0
Jan 31, 2020

10-Q filing | 0.0M shares outstanding

1.1K 0
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