Warner Music Group (WMG)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 435,000 | 430,000 | 551,000 | 304,000 | -475,000 |
| Revenue | US$ in thousands | 6,390,000 | 5,879,000 | 6,088,000 | 5,276,000 | 4,463,000 |
| Net profit margin | 6.81% | 7.31% | 9.05% | 5.76% | -10.64% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $435,000K ÷ $6,390,000K
= 6.81%
Warner Music Group's net profit margin has exhibited fluctuating trends over the past five years. In the most recent fiscal year ending September 30, 2024, the net profit margin stood at 6.81%, representing a slight decrease from the previous year's figure of 7.31%. However, it is important to note that the company achieved a significant improvement in net profit margin in the fiscal year 2022, reaching 9.05%, which was the highest among the five years analyzed. In contrast, the net profit margin for fiscal year 2020 was notably negative at -10.64%, indicating the company incurred a significant loss during that period.
Overall, Warner Music Group's net profit margin has shown variability, with fluctuations in profitability levels. The company's ability to maintain positive net profit margins in recent years, despite some fluctuations, demonstrates its overall profitability and financial performance. These fluctuations may be attributed to various factors such as changes in revenue, operating expenses, and other financial metrics impacting the company's bottom line. Further analysis of the company's financial statements and performance indicators would provide additional insights into the factors driving these fluctuations in net profit margin over the years.
Peer comparison
Sep 30, 2024