SPOT vs WMG
SPOT: Spotify is the world's leading audio streaming platform, connecting creators and listeners through a vast library of music, podcasts, and audiobooks. WMG: Warner Music Group is a global leader in recorded music and music publishing, managing a vast portfolio of legendary artists and songwriters in the evolving digital streaming landscape.
Side-by-side fundamentals
| Metric | SPOT | WMG | Edge |
|---|---|---|---|
| Price as of 2026-07-22 close | $474.16 | $27.38 | |
| Market cap as of 2026-07-23 | $112.2B | $14.4B | |
| P/E as of 2026-07-23 | 31.76 | 31.90 | SPOT lower |
| PEG as of 2026-07-23 | 0.37 | 0.83 | SPOT lower |
| Net margin as of 2026-07-23 | +15.4% | +6.3% | SPOT higher |
| Gross margin as of 2026-07-23 | +32.3% | +45.8% | WMG higher |
| Operating margin as of 2026-07-23 | +13.7% | +12.0% | SPOT higher |
| ROE as of 2026-07-23 | +35.2% | +67.1% | WMG higher |
| ROA as of 2026-07-23 | +19.2% | +4.5% | SPOT higher |
| Debt / equity as of 2026-07-23 | 0.05 | 6.39 | SPOT lower |
| Revenue growth (YoY) as of 2026-07-23 | +8.0% | +12.6% | WMG higher |
| Revenue CAGR (3y) SEC XBRL | n/a | +4.3% | |
| Dividend yield as of 2026-07-23 | n/a | +2.7% | |
| Dividend streak (yrs) SEC XBRL | n/a | 5 | |
| Beta as of 2026-07-23 | 1.60 | 1.29 | |
| 1-year return as of 2026-07-22 close | -29.8% | -12.9% | WMG higher |
Fundamentals: Finnhub, as of 2026-07-23. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-22.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.