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Warner Music Group (Warner Music Group) Pre-Tax Income : $758 Mil (TTM As of Mar. 2024)


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What is Warner Music Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Warner Music Group's pretax income for the three months ended in Mar. 2024 was $114 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $758 Mil. Warner Music Group's pretax margin was 7.63%.

During the past 13 years, Warner Music Group's highest Pretax Margin was 12.50%. The lowest was -10.87%. And the median was 3.62%.


Warner Music Group Pre-Tax Income Historical Data

The historical data trend for Warner Music Group's Pre-Tax Income 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.

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Warner Music Group Pre-Tax Income Chart

Warner Music Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 267.00 -447.00 456.00 740.00 609.00

Warner Music Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.00 167.00 212.00 265.00 114.00

Competitive Comparison of Warner Music Group's Pre-Tax Income

For the Entertainment subindustry, Warner Music Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Warner Music Group's Pre-Tax Income Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Warner Music Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Warner Music Group's Pre-Tax Income falls into.



Warner Music Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Warner Music Group's Pretax Income for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=789+-39+-141+0+0
=609

Warner Music Group's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=200+-44+-42+0+0
=114

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $758 Mil.

* 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.


Warner Music Group  (NAS:WMG) Pre-Tax Income Explanation

Warner Music Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=114/1494
=7.63%

During the past 13 years, Warner Music Group's highest Pretax Margin was 12.50%. The lowest was -10.87%. And the median was 3.62%.

* 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.


Warner Music Group Pre-Tax Income Related Terms

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Warner Music Group (Warner Music Group) Business Description

Traded in Other Exchanges
Address
1633 Broadway, New York, NY, USA, 10019
Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over 1 million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.
Executives
Max Lousada director, officer: CEO, Recorded Music C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Carletta Higginson officer: EVP, Chief Digital Officer C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Bryan Castellani officer: Chief Financial Officer C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Valentin Blavatnik director C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Entertainment Holdings Ii Llc 10 percent owner 40 WEST 57TH STREET, 28TH FLOOR, NEW YORK NY 10019
Lincoln E Benet director C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Timothy Matusch officer: EVP Strategy & Operations C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Robert Kyncl officer: Co-CEO C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Nancy Dubuc director C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Ai Entertainment Holdings Llc 10 percent owner C/O ACCESS INDUSTRIES, LLC, 40 WEST 57TH ST, 28TH FLR, NEW YORK NY 10019
Louis Dickler officer: Acting CFO & Corp. Contr. C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Noreena Hertz director C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Cecelia Kurzman director 237 PARK AVENUE, REVLON, 14TH FLOOR, NEW YORK NY 10017
Thomas H Lee director C/O THOMAS H. LEE CAPITAL LLC, 767 FIFTH AVENUE, 6TH FLOOR, NEW YORK NY 10153
Michael Lynton director 2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067