Warner Music Group Corp.

NasdaqGS:WMG

Sector

🛍 Consumer Discretionary

Industries

🎉 Entertainment

🎥 Live Events

📢 Publishing & Broadcasting

🛍 Specialty Retail

📺 Streaming Services

Location

United States

Market Cap

USD 13.92 B

Share Price

USD 26.37

Avg Daily Volume

1,854,992

Change (1 day)

-1.24%

Change (1 year)

-14.94%

Change (YTD)

-14.94%

Warner Music Group Corp. Gross Profit for the Trailing 12 Months (TTM) ending March 31, 2025: USD 2.96 B

Warner Music Group Corp. Gross Profit is USD 2.96 B for the Trailing 12 Months (TTM) ending March 31, 2025, a 0.75% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.

Warner Music Group Corp. Gross Profit for the Trailing 12 Months (TTM) ending March 31, 2024 was USD 2.94 B, a 6.28% change year over year.
Warner Music Group Corp. Gross Profit for the Trailing 12 Months (TTM) ending March 31, 2023 was USD 2.77 B, a 0.40% change year over year.
Warner Music Group Corp. Gross Profit for the Trailing 12 Months (TTM) ending March 31, 2022 was USD 2.76 B, a 21.02% change year over year.
Warner Music Group Corp. Gross Profit for the Trailing 12 Months (TTM) ending March 31, 2021 was USD 2.28 B, a 8.89% change year over year.

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Key data

Date	Gross Profit	Operating Income	EBIT	EBITDA

NasdaqGS: WMG

Warner Music Group Corp.

CEO	Mr. Robert Kyncl
IPO Date	June 3, 2020
Location	United States
Headquarters	1633 Broadway
Employees	5,800
Sector	🛍 Consumer Discretionary
Industries Entertainment 🎥 Live Events 📢 Publishing & Broadcasting 🛍 Specialty Retail 📺 Streaming Services

Description

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. The company operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 100,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.