Warner Music Group Corp.
WMG Communication Services Entertainment
Warner Music Group Corp.’s revenue for fiscal 2025 (year ended September 2025) was $6.7 billion, up 4.37% from fiscal 2024.
- Revenue
- +10.4%
- EPS
- +1,400.0%
- Free cash flow
- +1,528.6%
- Total debt
- +7.95%
Quarter to June 2026, against a year earlier
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Warner Music Group Corp. (WMG) Operating margin
Warner Music Group Corp.'s operating margin over the twelve months to 30 June 2026 was 13.7%, up 3.3 percentage points from fiscal 2025 (10.4%). Over the past ten years it has ranged from −5.13% (fiscal 2020) to 13.1% (fiscal 2023); the current reading is higher than 64% of that period. That is above the Entertainment industry median of 2.30% and above the Communication Services sector median of 0.58%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 10.4% | (2.46) |
| FY2024 | 12.8% | (0.28) |
| FY2023 | 13.1% | 1.03 |
| FY2022 | 12.1% | 0.57 |
| FY2021 | 11.5% | 16.62 |
| FY2020 | −5.13% | (13.09) |
| FY2019 | 7.96% | 2.54 |
| FY2018 | 5.42% | (0.79) |
| FY2017 | 6.21% | (0.38) |
| FY2016 | 6.59% | 2.31 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 16.4% | 1.12 |
| Mar 2026 | 15.2% | (0.41) |
| Dec 2025 | 15.7% | 7.99 |
| Sep 2025 | 7.66% | (2.35) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| FOXA Fox Corporation compare | 22.6% |
| SIRI Sirius XM Holdings Inc. compare | 19.0% |
| WMG Warner Music Group Corp. | 13.7% |
| NWS News Corporation compare | 12.7% |
| NWSA News Corporation compare | 12.7% |
| ROKU Roku, Inc. compare | 7.78% |
| FOX Fox Corporation compare | 0.00% |
| FWONK Liberty Media Corporation - Liberty Formula One Series C compare | 0.00% |
| FWONA Liberty Media Corporation - Liberty Formula One Series A compare | 0.00% |
| Entertainment industry median | 2.30% |
| Communication Services sector median | 0.58% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on WMG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement