Warner Music Group (WMG)

Net profit margin

Sep 30, 2023 Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019
Net income US$ in thousands 430,000 551,000 304,000 -475,000 256,000
Revenue US$ in thousands 5,879,000 6,088,000 5,276,000 4,463,000 4,475,000
Net profit margin 7.31% 9.05% 5.76% -10.64% 5.72%

September 30, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $430,000K ÷ $5,879,000K
= 7.31%

Warner Music Group's net profit margin has displayed varying trends over the past five years. In 2023, the net profit margin decreased to 7.31% from 9.05% in 2022, indicating a decline in profitability. However, compared to 2021, the current net profit margin reflects an improvement from 5.76%. Notably, in 2020, the company had a negative net profit margin of -10.64%, indicating a loss. The positive net profit margins in 2019 and 2023 suggest that the company has managed to generate profits in those years. Overall, the fluctuating net profit margin of Warner Music Group indicates changes in its profitability levels over the years.


Peer comparison

Sep 30, 2023