UMGNF (Universal Music Group NV) Pre-Tax Income : $2,305 Mil (TTM As of Jun. 2024)

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What is Universal Music Group NV Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Universal Music Group NV's pretax income for the six months ended in Jun. 2024 was $1,360 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2024 was $2,305 Mil. Universal Music Group NV's pretax margin was 22.86%.

During the past 7 years, Universal Music Group NV's highest Pretax Margin was 23.96%. The lowest was 8.70%. And the median was 15.92%.

Universal Music Group NV Pre-Tax Income Historical Data

The historical data trend for Universal Music Group NV'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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Universal Music Group NV Pre-Tax Income Chart

Universal Music Group NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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1,300.00

2,166.67

1,316.38

953.39

1,876.77

Universal Music Group NV Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Pre-Tax Income	Get a 7-Day Free Trial						204.02	748.94	925.24	945.47	1,359.53

Competitive Comparison of Universal Music Group NV's Pre-Tax Income

For the Entertainment subindustry, Universal Music Group NV'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.

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

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

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

Universal Music Group NV Pre-Tax Income Calculation

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

Universal Music Group NV's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	1538.713	+	0	+	-123.228	+	15.267	+	446.02
	=	1,877

Universal Music Group NV's Pretax Income for the quarter that ended in Jun. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	813.778	+	0	+	-69.968	+	9.688	+	606.028
	=	1,360

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2,305 Mil.

Universal Music Group NV (OTCPK:UMGNF) Pre-Tax Income Explanation

Universal Music Group NV's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	1359.526	/	5948.332
	=	22.86%

During the past 7 years, Universal Music Group NV's highest Pretax Margin was 23.96%. The lowest was 8.70%. And the median was 15.92%.

Universal Music Group NV Pre-Tax Income Related Terms

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Universal Music Group NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Universal Music Group NV (OTCPK:UMGNF) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

UNVGY:USA UMG:Netherlands UMGa:UK 0VD0:Germany UMG:Austria

Address

Gravelandseweg 80, Hilversum, NH, NLD, 1217 EW

Website

https://www.universalmusic.com

Universal Music is the largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing more than a dozen record labels, including notable names like Interscope, Capital Music, Motown Records, and Def Jam. Some of the most successful current artists signed to record deals with Universal include Taylor Swift, Drake, The Weeknd, and Morgan Wallen. Most of Universal's remaining revenue comes from its publishing segment, which generates revenue for songwriters and composers, including some of Universal's recording artists as well as songwriters and composers who do not record music themselves or are attached to other labels. Universal's publishing group has nearly 4.5 million owned or administered titles in its catalog.