← Warner Music Group Corp.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.2b |
$3.6b
+10.17%
|
$4.0b
+12.00%
|
$4.5b
+11.74%
|
$4.5b
-0.27%
|
$5.3b
+18.78%
|
$5.9b
+11.66%
|
$6.0b
+1.99%
|
$6.4b
+6.44%
|
$6.7b
+4.37%
|
$7.3b
+8.90%
|
|
| Cost of Revenue | $1.7b |
$1.9b
+13.12%
|
$2.2b
+12.43%
|
$2.4b
+10.59%
|
$2.3b
-2.83%
|
$2.7b
+17.53%
|
$3.1b
+12.33%
|
$3.2b
+3.15%
|
$3.4b
+5.60%
|
$3.6b
+8.26%
|
$4.0b
+9.06%
|
|
| Gross Profit (Calculated) | $1.5b |
$1.6b
+6.89%
|
$1.8b
+11.49%
|
$2.1b
+13.09%
|
$2.1b
+2.70%
|
$2.6b
+20.14%
|
$2.8b
+10.94%
|
$2.9b
+0.74%
|
$3.1b
+7.38%
|
$3.1b
+0.13%
|
— | |
| Selling, General and Administrative Expense | $1.1b | $1.2b | $1.4b | $1.5b | $2.2b | $1.7b | $1.9b | $1.8b | $1.9b | $1.9b | $1.7b | |
| Amortization of Intangible Assets | $243.0m | $201.0m | $206.0m | $208.0m | $190.0m | $229.0m | $263.0m | $245.0m | $224.0m | $258.0m | — | |
| Operating Lease, Expense | — | — | — | — | — | $16.0m | $23.0m | $25.0m | $26.0m | $21.0m | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | $7.0m | — | — | |
| Operating Income (Loss) | $214.0m |
$222.0m
+3.74%
|
$217.0m
-2.25%
|
$356.0m
+64.06%
|
($229.0m)
-164.33%
|
$609.0m
+365.94%
|
$714.0m
+17.24%
|
$790.0m
+10.64%
|
$823.0m
+4.18%
|
$694.0m
-15.67%
|
$1.2b
+69.60%
|
|
| Interest Expense, Debt | — | — | — | — | — | — | — | $157.0m | $182.0m | $177.0m | $178.0m | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | — | — | — | $17.0m | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | ($24.0m) | $3.0m | $28.0m | ($54.0m) | ($3.0m) | $169.0m | ($38.0m) | ($68.0m) | ($70.0m) | — | |
| Other Nonoperating Income (Expense) | $18.0m | ($40.0m) | $394.0m | $60.0m | ($57.0m) | ($9.0m) | $151.0m | ($36.0m) | ($61.0m) | ($42.0m) | — | |
| Income (Loss) from Equity Method Investments | — | $1.0m | — | $0 | — | — | — | — | — | — | — | |
| Interest Income (Expense), Nonoperating, Net | ($173.0m) | ($149.0m) | ($138.0m) | ($142.0m) | ($127.0m) | ($122.0m) | ($125.0m) | ($141.0m) | ($161.0m) | ($162.0m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $35.0m | ($37.0m) | $347.0m | $84.0m | ($655.0m) | $182.0m | $385.0m | $218.0m | $67.0m | $137.0m | $873.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $41.0m | ($2.0m) | $442.0m | $267.0m | ($447.0m) | $456.0m | $740.0m | $609.0m | $601.0m | $490.0m | $873.0m | |
| Income Tax Expense (Benefit) | $11.0m | ($151.0m) | $130.0m | $9.0m | $23.0m | $149.0m | $185.0m | $170.0m | $123.0m | $120.0m | $208.0m | |
| Net Income (Loss) Attributable to Parent | $25.0m |
$143.0m
+472.00%
|
$307.0m
+114.69%
|
$256.0m
-16.61%
|
($475.0m)
-285.55%
|
$304.0m
+164.00%
|
$551.0m
+81.25%
|
$430.0m
-21.96%
|
$435.0m
+1.16%
|
$365.0m
-16.09%
|
$669.0m
+83.29%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $5.0m | $6.0m | $5.0m | $2.0m | $5.0m | $3.0m | $4.0m | $9.0m | $43.0m | $5.0m | $669.0m | |
| Common Stock, Dividends, Per Share, Declared | — | — | — | $0.51 | $1.77 | $0.51 | $0.61 | $0.65 | $0.69 | $0.73 | — | |
| Additional Financial Items | ||||||||||||
| Costs and Expenses | $3.0b | $3.4b | $3.8b | $4.1b | $4.7b | $4.7b | $5.2b | $5.3b | $5.6b | $6.0b | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | $1.0m | $1.0m | $1.0m | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | — | $4.0m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $30.0m | $149.0m | $312.0m | $258.0m | ($470.0m) | $307.0m | $555.0m | $439.0m | $478.0m | $370.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.