Warner Music Group (BSP:W1MG34) Gross-Profit-to-Asset % : 32.00% (As of Mar. 2024)

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What is Warner Music Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Warner Music Group's annualized Gross Profit for the quarter that ended in Mar. 2024 was R$14,003 Mil. Warner Music Group's average Total Assets over the quarter that ended in Mar. 2024 was R$43,766 Mil. Therefore, Warner Music Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 32.00%.

Warner Music Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Warner Music Group's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

Warner Music Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Gross-Profit-to-Asset %

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36.56

38.73

37.17

37.63

33.93

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
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															33.49	34.11	35.81	39.45	32.00

Competitive Comparison of Warner Music Group's Gross-Profit-to-Asset %

For the Entertainment subindustry, Warner Music Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Warner Music Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Warner Music Group's Gross-Profit-to-Asset % falls into.

Warner Music Group Gross-Profit-to-Asset % Calculation

Warner Music Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Sep. 2023 )	/	( (Total Assets (A: Sep. 2022 )	+	Total Assets (A: Sep. 2023 ))	/ count )
	=	14124.682	/	( (41046.901	+	42201.192)	/ 2 )
	=	14124.682	/	41624.0465
	=	33.93 %

Warner Music Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	14003.196	/	( (44054.102	+	43478.634)	/ 2 )
	=	14003.196	/	43766.368
	=	32.00 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Warner Music Group Gross-Profit-to-Asset % Related Terms

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Warner Music Group (BSP:W1MG34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Warner Music Group Corp (BSP:W1MG34) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

WMG:USA WA4:Germany WMG:Austria

Address

1633 Broadway, New York, NY, USA, 10019

Website

https://www.wmg.com

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.

Warner Music Group (BSP:W1MG34) Headlines

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