UMGNF (Universal Music Group NV) Tax Provision : $-623 Mil (TTM As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Universal Music Group NV Tax Provision?

Universal Music Group NV's tax provision for the six months ended in Jun. 2024 was $-371 Mil. Its tax provision for the trailing twelve months (TTM) ended in Jun. 2024 was $-623 Mil.

Universal Music Group NV Tax Provision Historical Data

The historical data trend for Universal Music Group NV's Tax Provision 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.

Universal Music Group NV Tax Provision Chart

Universal Music Group NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Provision

Get a 7-Day Free Trial

-216.67

-501.22

-312.99

-121.82

-499.46

Universal Music Group NV Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Provision	Get a 7-Day Free Trial						51.80	-173.73	-245.94	-251.91	-371.37

Universal Music Group NV Tax Provision Calculation

Tax to be paid.

Tax Provision 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 $-623 Mil.

Universal Music Group NV Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

UNVGY:USA UMG:Netherlands UMGa:UK 0VD: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.