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Universal Music Group NV (Universal Music Group NV) Other Gross PPE

: $689 Mil (As of Dec. 2023)
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Universal Music Group NV's Other Gross PPE for the quarter that ended in Dec. 2023 was $689 Mil.

Universal Music Group NV's quarterly Other Gross PPE declined from Dec. 2022 ($675 Mil) to Jun. 2023 ($514 Mil) but then increased from Jun. 2023 ($514 Mil) to Dec. 2023 ($689 Mil).

Universal Music Group NV's annual Other Gross PPE declined from Dec. 2021 ($786 Mil) to Dec. 2022 ($675 Mil) but then increased from Dec. 2022 ($675 Mil) to Dec. 2023 ($689 Mil).


Universal Music Group NV Other Gross PPE Historical Data

The historical data trend for Universal Music Group NV's Other Gross PPE can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Universal Music Group NV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Gross PPE
Get a 7-Day Free Trial 821.11 852.80 786.44 674.79 689.20

Universal Music Group NV Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Other Gross PPE Get a 7-Day Free Trial Premium Member Only Premium Member Only 786.44 546.51 674.79 513.54 689.20

Universal Music Group NV Other Gross PPE Calculation

GuruFocus lists Land And Improvements, Buildings And Improvements, Machinery, Furniture, Equipment, Construction In Progress and Other Gross PPE under the "Gross Property, Plant and Equipment" section.


Universal Music Group NV (Universal Music Group NV) Business Description

Address
Gravelandseweg 80, Hilversum, NH, NLD, 1217 EW
Universal Music Group is the largest of the three major global record labels with Sony Music in second and Warner Music in third. Universal's larger segment, recorded music, consists of iconic labels like Interscope, Capitol Music, Decca, EMI, and Motown and popular artists such as Drake, Taylor Swift, J Balvin, and Luke Bryan. Universal Music Publishing Group owns and administers almost 4 million compositions and is the second-largest music publisher behind Sony. Universal Music was spun out of Vivendi in September 2021, with 60% distributed to Vivendi shareholders, 20% to Tencent, 10% to Pershing Square Capital, and 10% remaining at Vivendi.