WMG
Income statement / Annual
Last year (2023), Warner Music Group Corp.'s total revenue was $6.04 B,
an increase of 1.99% from the previous year.
In 2023, Warner Music Group Corp.'s net income was $430.00 M.
See Warner Music Group Corp.’s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
Period Ended |
09/30/2023 |
09/30/2022 |
09/30/2021 |
09/30/2020 |
09/30/2019 |
09/30/2018 |
09/30/2017 |
09/30/2016 |
09/30/2015 |
09/30/2014 |
Operating Revenue |
$6.04 B
|
$5.92 B
|
$5.30 B
|
$4.46 B
|
$4.48 B
|
$4.01 B
|
$3.58 B
|
$3.25 B
|
$2.97 B
|
$3.03 B
|
Cost of Revenue |
$3.18 B |
$3.08 B |
$2.74 B |
$2.33 B |
$2.40 B |
$2.17 B |
$1.93 B |
$1.71 B |
$1.51 B |
$1.57 B |
Gross Profit |
$2.86 B |
$2.84 B |
$2.56 B |
$2.13 B |
$2.07 B |
$1.83 B |
$1.65 B |
$1.54 B |
$1.46 B |
$1.46 B |
Gross Profit Ratio |
0.47 |
0.48 |
0.48 |
0.48 |
0.46 |
0.46 |
0.46 |
0.47 |
0.49 |
0.48 |
Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
General & Administrative
Expenses |
$991.00 M
|
$939.00 M
|
$870.00 M
|
$1.43 B
|
$764.00 M
|
$814.00 M
|
$684.00 M
|
$584.00 M
|
$586.00 M
|
$659.00 M
|
Selling & Marketing
Expenses |
$835.00 M
|
$923.00 M
|
$851.00 M
|
$735.00 M
|
$746.00 M
|
$597.00 M
|
$538.00 M
|
$498.00 M
|
$487.00 M
|
$513.00 M
|
Selling, General &
Administrative Expenses |
$1.83 B
|
$1.86 B
|
$1.72 B
|
$2.17 B
|
$1.51 B
|
$1.41 B
|
$1.22 B
|
$1.08 B
|
$1.07 B
|
$1.17 B
|
Other Expenses |
-$36.00 M |
$151.00 M |
-$9.00 M |
-$57.00 M |
$60.00 M |
$394.00 M |
-$40.00 M |
$18.00 M |
-$21.00 M |
-$4.00 M |
Operating Expenses |
$2.07 B |
$2.13 B |
$1.95 B |
$2.36 B |
$1.72 B |
$1.62 B |
$1.42 B |
$1.33 B |
$1.33 B |
$1.44 B |
Cost And Expenses |
$5.25 B |
$5.21 B |
$4.69 B |
$4.69 B |
$4.12 B |
$3.79 B |
$3.35 B |
$3.03 B |
$2.84 B |
$3.01 B |
Interest Income |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Interest Expense |
$141.00 M |
$125.00 M |
$122.00 M |
$127.00 M |
$142.00 M |
$138.00 M |
$149.00 M |
$173.00 M |
$181.00 M |
$203.00 M |
Depreciation &
Amortization |
$332.00 M
|
$339.00 M
|
$306.00 M
|
$261.00 M
|
$269.00 M
|
$261.00 M
|
$251.00 M
|
$293.00 M
|
$309.00 M
|
$321.00 M
|
EBITDA |
$1.09 B
|
$1.20 B
|
$906.00 M
|
-$25.00 M
|
$685.00 M
|
$872.00 M
|
$433.00 M
|
$525.00 M
|
$415.00 M
|
$336.00 M
|
EBITDA Ratio |
0.18 |
0.2 |
0.17 |
-0.01 |
0.15 |
0.22 |
0.12 |
0.16 |
0.14 |
0.11 |
Operating Income Ratio
|
0.13
|
0.12
|
0.11
|
-0.05
|
0.08
|
0.05
|
0.06
|
0.07
|
0.04
|
0.01
|
Total Other
Income/Expenses Net |
-$39.00 M
|
$151.00 M
|
-$31.00 M
|
-$91.00 M
|
$53.00 M
|
$363.00 M
|
-$75.00 M
|
-$173.00 M
|
-$21.00 M
|
-$145.00 M
|
Income Before Tax |
$609.00 M |
$740.00 M |
$456.00 M |
-$447.00 M |
$267.00 M |
$442.00 M |
-$2.00 M |
$41.00 M |
-$75.00 M |
-$329.00 M |
Income Before Tax Ratio
|
0.1
|
0.13
|
0.09
|
-0.1
|
0.06
|
0.11
|
-0
|
0.01
|
-0.03
|
-0.11
|
Income Tax Expense |
$170.00 M |
$185.00 M |
$149.00 M |
$23.00 M |
$9.00 M |
$130.00 M |
-$151.00 M |
$11.00 M |
$13.00 M |
-$26.00 M |
Net Income |
$430.00 M |
$551.00 M |
$304.00 M |
-$475.00 M |
$256.00 M |
$307.00 M |
$143.00 M |
$25.00 M |
-$91.00 M |
-$308.00 M |
Net Income Ratio |
0.07 |
0.09 |
0.06 |
-0.11 |
0.06 |
0.08 |
0.04 |
0.01 |
-0.03 |
-0.1 |
EPS |
0.82 |
1.06 |
0.58 |
-0.93 |
0.5 |
0.61 |
0.28 |
0.0498 |
-0.18 |
-0.61 |
EPS Diluted |
0.82 |
1.06 |
0.58 |
-0.93 |
0.5 |
0.61 |
0.28 |
0.0498 |
-0.18 |
-0.61 |
Weighted Average Shares
Out |
$515.72 M
|
$514.71 M
|
$513.47 M
|
$510.03 M
|
$510.00 M
|
$501.99 M
|
$501.99 M
|
$501.99 M
|
$501.99 M
|
$501.99 M
|
Weighted Average Shares
Out Diluted |
$515.72 M
|
$514.71 M
|
$513.47 M
|
$510.03 M
|
$510.00 M
|
$501.99 M
|
$501.99 M
|
$501.99 M
|
$501.99 M
|
$501.99 M
|
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