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Warner Music Group (STU:WA4) Gross Profit : €2,756 Mil (TTM As of Dec. 2024)


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What is Warner Music Group Gross Profit?

Warner Music Group's gross profit for the three months ended in Dec. 2024 was €737 Mil. Warner Music Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was €2,756 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Warner Music Group's gross profit for the three months ended in Dec. 2024 was €737 Mil. Warner Music Group's Revenue for the three months ended in Dec. 2024 was €1,591 Mil. Therefore, Warner Music Group's Gross Margin % for the quarter that ended in Dec. 2024 was 46.34%.

Warner Music Group had a gross margin of 46.34% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Warner Music Group was 49.06%. The lowest was 45.79%. And the median was 47.57%.


Warner Music Group Gross Profit Historical Data

The historical data trend for Warner Music Group's Gross Profit 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.

Warner Music Group Gross Profit Chart

Warner Music Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,808.37 2,175.15 2,867.39 2,679.82 2,766.97

Warner Music Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit 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 795.96 646.76 672.60 699.18 737.26

Competitive Comparison of Warner Music Group's Gross Profit

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

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

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


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Warner Music Group Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Warner Music Group's Gross Profit for the fiscal year that ended in Sep. 2024 is calculated as

Gross Profit (A: Sep. 2024 )=Revenue - Cost of Goods Sold
=5789.826 - 3022.855
=2,767

Warner Music Group's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=1591.03 - 853.77
=737

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,756 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Warner Music Group's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=737 / 1591.03
=46.34 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Warner Music Group  (STU:WA4) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Warner Music Group had a gross margin of 46.34% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Warner Music Group Gross Profit Related Terms

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Warner Music Group Business Description

Traded in Other Exchanges
Address
1633 Broadway, New York, NY, USA, 10019
Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 180,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappell controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 72% economic interest.

Warner Music Group Headlines

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