Fox (FOXA) vs Warner Music Group (WMG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Fox (FOXA) has outperformed Warner Music Group (WMG) over the past year, gaining 1.9% versus a loss of 13.9%. Over five years, FOXA leads with a +50.7% price change compared with -40.3% for WMG. Fox is the larger company by market cap ($26.65 billion vs $15.04 billion), about 1.8 times the size.
On valuation, Fox trades at a lower forward P/E (10.8x vs 14.6x for Warner Music Group). Warner Music Group offers the higher dividend yield (2.64% vs 0.89%). Fox converts more of its revenue into profit, with a net margin of 10.1% versus 5.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FOXA | WMG |
|---|---|---|
| Share price | $63.20 | $28.76 |
| Market cap | $26.65B | $15.04B |
| 1-day change | +0.80% | +2.11% |
| YTD return | -14.19% | -8.18% |
| 1-year return | +1.93% | -13.94% |
| 5-year return | +50.68% | -40.25% |
| P/E ratio (TTM) | 16.46 | 23.00 |
| Forward P/E | 10.81 | 14.60 |
| EPS (TTM) | $3.84 | $1.25 |
| Dividend yield | 0.89% | 2.64% |
| Annual dividend | $0.56 | $0.76 |
| Revenue (latest FY) | $17.13B | $6.71B |
| Revenue growth (YoY) | +5.07% | +4.37% |
| Net income (latest FY) | $1.73B | $365.00M |
| Gross margin | — | 45.85% |
| Operating margin | — | 10.35% |
| Net margin | 10.08% | 5.44% |
| 52-week high | $76.39 | $35.42 |
| 52-week low | $48.34 | $23.34 |
| Distance from 52-week high | -17.27% | -18.82% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +20.92% | +31.49% |
| Average volume | 4.99M | 2.07M |
| Shares outstanding | 201.42M | 147.73M |
| Employees | 10,550 | 5,500 |
| Sector | Industrials | Consumer Discretionary |
| Industry | Broadcasting | Services-Misc. Amusement & Recreation |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- FOXA has outperformed WMG by 15.9 percentage points over the past year.
- Warner Music Group trades at a higher earnings multiple (23.0x vs 16.5x trailing P/E).
- Warner Music Group offers a meaningfully higher dividend yield (2.64% vs 0.89%).
- The two companies sit in different sectors: Fox in Industrials and Warner Music Group in Consumer Discretionary.
About Fox
FOXA stock →Fox Corporation operates as a news, sports, and entertainment company in the United States. It operates in two segments, Cable Network Programming and Television.
Industrials · Broadcasting · 10,550 employees
About Warner Music Group
WMG stock →Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally.
Consumer Discretionary · Services-Misc. Amusement & Recreation · 5,500 employees
FOXA vs WMG FAQ
Which is bigger, Fox or Warner Music Group?
Fox (FOXA) is larger, with a market capitalization of $26.65B compared with $15.04B for Warner Music Group (WMG).
Which stock has performed better over the past year, FOXA or WMG?
FOXA returned +1.93% over the past 12 months, compared with -13.94% for WMG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FOXA or WMG?
FOXA has the lower trailing P/E at 16.5, versus 23.0 for WMG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Fox or Warner Music Group?
Warner Music Group has the higher yield at 2.64%, compared with 0.89% for Fox.
Are Fox and Warner Music Group in the same industry?
No. Fox is in the Industrials sector, while Warner Music Group is in Consumer Discretionary.