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Warner Music Group (WBO:WMG) Net Margin % : 9.10% (As of Dec. 2023)


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What is Warner Music Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Warner Music Group's Net Income for the three months ended in Dec. 2023 was €146 Mil. Warner Music Group's Revenue for the three months ended in Dec. 2023 was €1,603 Mil. Therefore, Warner Music Group's net margin for the quarter that ended in Dec. 2023 was 9.10%.

The historical rank and industry rank for Warner Music Group's Net Margin % or its related term are showing as below:

WBO:WMG' s Net Margin % Range Over the Past 10 Years
Min: -10.64   Med: 4.86   Max: 9.31
Current: 7.42


WBO:WMG's Net Margin % is ranked better than
72.25% of 1038 companies
in the Media - Diversified industry
Industry Median: 1.41 vs WBO:WMG: 7.42

Warner Music Group Net Margin % Historical Data

The historical data trend for Warner Music Group's Net Margin % 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 Net Margin % Chart

Warner Music Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.72 -10.64 5.73 9.31 7.12

Warner Music Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 8.20 2.43 7.80 9.58 9.10

Competitive Comparison of Warner Music Group's Net Margin %

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

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

* The bar in red indicates where Warner Music Group's Net Margin % falls into.



Warner Music Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=402.91/5656.669
=7.12 %

Warner Music Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=145.803/1602.916
=9.10 %

* 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  (WBO:WMG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Warner Music Group Net Margin % Related Terms

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Warner Music Group (WBO:WMG) 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.