What are Warner Music Group's profit margins?

Warner Music Group (WMG) runs a 45.8% gross margin and a 12.1% operating margin, with a 6.3% net margin.

Where do Warner Music Group's ratios come from?

Every ratio is computed from Warner Music Group's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Warner Music Group WMG Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	45.8%-1.9pp	47.8%+0.4pp	47.4%-0.6pp	48%-0.3pp
Operating margin	10.3%-2.5pp	12.8%-0.3pp	13.1%+1.0pp	12.1%+0.6pp
Net margin	5.4%-1.3pp	6.8%-0.4pp	7.1%-2.2pp	9.3%+3.6pp
Returns
Return on equity	62.7%-42.8pp	105.5%-81.9pp	187.4%-415pp	602.2%—
Return on invested capital	21.8%+5.5pp	16.3%+1.1pp	15.2%-0.6pp	15.8%+2.2pp
Efficiency
Asset turnover	0.7×0.0×	0.7×0.0×	0.7×0.0×	0.8×0.0×
Liquidity
Current ratio	0.7×0.0×	0.7×0.0×	0.7×0.0×	0.6×0.0×
Leverage
Debt-to-equity	0.8×-7.4×	8.3×-5.6×	13.9×-12.5×	26.4×-92.2×
Net debt / EBITDA	0×-3.1×	3.1×-0.1×	3.2×0.0×	3.3×-0.2×
Valuation
Market capitalization	$17.75B+9.5%	$16.21B0.0%	$16.2B+35.5%	$11.95B-45.7%
Price / earnings	48.6×+11.4×	37.3×-0.4×	37.7×+16.0×	21.7×-50.7×
Price / sales	2.6×+0.1×	2.5×-0.2×	2.7×+0.7×	2×-2.1×
Price / book	27.4×-3.9×	31.3×-21.5×	52.8×-25.9×	78.7×-631×
EV / EBITDA	16.6×-0.6×	17.2×-0.4×	17.7×+3.1×	14.6×-12.9×
Dividend yield	2.2%-0.1pp	2.2%+0.1pp	2.1%-0.6pp	2.7%+1.5pp

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Questions, answered.

What are Warner Music Group's profit margins?: Warner Music Group (WMG) runs a 45.8% gross margin and a 12.1% operating margin, with a 6.3% net margin.
Where do Warner Music Group's ratios come from?: Every ratio is computed from Warner Music Group's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.