Warner Music Group WMG Operating margin
Operating margin at other companies
Other financials
Where this comes from
Calculated from Warner Music Group’s reported figures.
Based on trailing twelve months.
The official record: Warner Music Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Warner Music Group's operating margin?
- Warner Music Group (WMG) reported operating margin of 12.1% in Q1 2026.
- How has Warner Music Group's operating margin changed year-over-year?
- Warner Music Group's operating margin increased by 4.9% year-over-year, from 11.6% to 12.1%.
- What is the long-term trend for Warner Music Group's operating margin?
- Over 3 years (2022 to 2025), Warner Music Group's operating margin has grown at a -2.4% compound annual growth rate (CAGR), from 46.7% to 43.4%.
- What does operating margin mean?
- The profit left from core operations for every dollar of sales, before interest and taxes.
- How do you interpret operating margin?
- Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
- How does operating margin compare across companies?
- Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.