Warner Music Group (WMG)
Pretax margin
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 490,000 | 435,000 | 617,000 | 666,000 | 601,000 | 762,000 | 758,000 | 702,000 | 609,000 | 584,000 | 581,000 | 649,000 | 740,000 | 605,000 | 543,000 | 585,000 | 456,000 | 384,000 | -186,000 | -440,000 |
| Revenue (ttm) | US$ in thousands | 6,707,000 | 6,469,000 | 6,334,000 | 6,344,000 | 6,426,000 | 6,382,000 | 6,392,000 | 6,297,000 | 6,037,000 | 5,948,000 | 5,816,000 | 5,793,000 | 5,919,000 | 5,798,000 | 5,706,000 | 5,580,000 | 5,301,000 | 5,051,000 | 4,721,000 | 4,542,000 |
| Pretax margin | 7.31% | 6.72% | 9.74% | 10.50% | 9.35% | 11.94% | 11.86% | 11.15% | 10.09% | 9.82% | 9.99% | 11.20% | 12.50% | 10.43% | 9.52% | 10.48% | 8.60% | 7.60% | -3.94% | -9.69% |
September 30, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $490,000K ÷ $6,707,000K
= 7.31%
Peer comparison
Sep 30, 2025