CMCSA vs. WMG: Comcast vs. Warner Music Stock Comparison

Company Profile

Comcast (CMCSA) and Warner Music (WMG) both fall under the Media & Entertainment industry group, but CMCSA is classified in Media while WMG is classified in Entertainment.

Comcast (CMCSA) has more than two decades of public-market history since March 17, 1980, whereas Warner Music (WMG) listed on June 3, 2020 and has a much shorter record to draw on.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Warner Music (WMG) has an aggressive beta of 1.31, indicating higher sensitivity to broad-market moves, while Comcast (CMCSA) is defensive at 0.70 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Warner Music (WMG) at 70.07% clears its industry range for ROE, a sharper capital-efficiency signal than Comcast (CMCSA) at 11.43%, which is closer to a typical peer reading.

Both Comcast (CMCSA) at 9.20% and Warner Music (WMG) at 9.20% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

Both Comcast (CMCSA) at 18.16% and Warner Music (WMG) at 16.74% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

Profitability Metrics

Growth

Both Comcast (CMCSA) at -0.02% and Warner Music (WMG) at 4.37% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Both Comcast (CMCSA) at 30.19% and Warner Music (WMG) at -16.87% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Growth Metrics

Financial Strength

Both Comcast (CMCSA) at 0.82 and Warner Music (WMG) at 0.73 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

Comcast (CMCSA) at 0.94 is near its industry mid-range for debt-to-equity ratio, while Warner Music (WMG) at 4.53 sits above its benchmark range, pointing to a heavier debt load relative to equity.

Financial Strength Metrics

Dividends

Both Comcast (CMCSA) at 5.29% and Warner Music (WMG) at 2.38% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

Both Comcast (CMCSA) at 41.77% and Warner Music (WMG) at 60.80% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

Dividend Metrics

Valuation

Comcast (CMCSA) at 7.72 sits in the cheaper P/E ratio quartile, while Warner Music (WMG) at 25.04 is closer to its industry’s usual earnings multiple — a discount for CMCSA, though growth and earnings durability still matter.

On P/S ratio, both Comcast (CMCSA) at 0.70 and Warner Music (WMG) at 2.24 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

Comcast (CMCSA) at 0.94 sits near its industry’s typical P/B ratio, while Warner Music (WMG) at 19.17 prices above its benchmark range — WMG looks rich relative to book.

Valuation Metrics