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

32.58 1.45 +4.66%
Market cap
$16.3B
P/E
24.3×
Fwd P/E
21.4×
Dividend yield
2.48%
F-score
3/9
Altman Z
1.72
Beneish M
−2.55
Dividend safety
31/100

Warner Music Group Corp. (WMG) Operating margin

Alert me on 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

Against its own ten years

Low −5.13% High 13.1%
Ten-year median 7.96%
Current reading's percentile 95

Operating margin against peers

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

The full definition of Operating margin →

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