Warner Music Group Corp. (WMG) Financials

$31.31

north_east
$0.31 (1%)
Day's range
$31.03
Day's range
$31.54

WMG Income statement / Annual

Last year (2024), Warner Music Group Corp.'s total revenue was $6.43 B, an increase of 6.44% from the previous year. In 2024, Warner Music Group Corp.'s net income was $435.00 M. See Warner Music Group Corp.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 09/30/2024 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
Operating Revenue $6.43 B $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
Cost of Revenue $3.36 B $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
Gross Profit $3.07 B $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
Gross Profit Ratio 0.48 0.47 0.48 0.48 0.48 0.46 0.46 0.46 0.47 0.49
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 $986.00 M $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
Selling & Marketing Expenses $790.00 M $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
Selling, General & Administrative Expenses $1.78 B $1.79 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
Other Expenses $472.00 M $284.00 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
Operating Expenses $2.25 B $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
Cost And Expenses $5.60 B $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
Interest Income $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Interest Expense $161.00 M $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
Depreciation & Amortization $327.00 M $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
EBITDA $1.09 B $1.16 B $1.20 B $915.00 M -$59.00 M $625.00 M $478.00 M $473.00 M $507.00 M $415.00 M
EBITDA Ratio 0.17 0.19 0.2 0.17 -0.01 0.15 0.22 0.12 0.16 0.14
Operating Income Ratio 0.13 0.13 0.12 0.11 -0.05 0.08 0.05 0.06 0.07 0.04
Total Other Income/Expenses Net -$222.00 M -$181.00 M $26.00 M -$153.00 M -$218.00 M -$89.00 M $225.00 M -$224.00 M -$173.00 M -$202.00 M
Income Before Tax $601.00 M $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
Income Before Tax Ratio 0.09 0.1 0.13 0.09 -0.1 0.06 0.11 -0 0.01 -0.03
Income Tax Expense $123.00 M $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
Net Income $435.00 M $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
Net Income Ratio 0.07 0.07 0.09 0.06 -0.11 0.06 0.08 0.04 0.01 -0.03
EPS 0.83 0.82 1.06 0.58 -0.93 0.5 0.61 0.28 0.0498 -0.18
EPS Diluted 0.84 0.82 1.06 0.58 -0.93 0.5 0.61 0.28 0.0498 -0.18
Weighted Average Shares Out $524.76 M $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
Weighted Average Shares Out Diluted $517.52 M $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
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