Warner Music Group Corp.

NasdaqGS WMG

Warner Music Group Corp. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 46.50%

Warner Music Group Corp. Gross Profit Margin is 46.50% for the Trailing 12 Months (TTM) ending September 30, 2024, a -1.85% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Warner Music Group Corp. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 47.37%, a -1.23% change year over year.
  • Warner Music Group Corp. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 47.96%, a -0.64% change year over year.
  • Warner Music Group Corp. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 48.27%, a 1.15% change year over year.
  • Warner Music Group Corp. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 47.73%, a 2.98% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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NasdaqGS: WMG

Warner Music Group Corp.

CEO Mr. Robert Kyncl
IPO Date June 3, 2020
Location United States
Headquarters 1633 Broadway
Employees 5,900
Sector Consumer Discretionary
Industries
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.

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StockViz Staff

January 15, 2025

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