Warner Music Group (WMG)
Return on total capital
| Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 694,000 | 762,000 | 750,000 | 865,000 | 578,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 647,000 | 518,000 | 307,000 | 152,000 | 31,000 |
| Return on total capital | 107.26% | 147.10% | 244.30% | 569.08% | 1,864.52% |
September 30, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $694,000K ÷ ($—K + $647,000K)
= 107.26%
Peer comparison
Sep 30, 2025
Company name
Symbol
Return on total capital
Warner Music Group
WMG
107.26%
Walt Disney Company
DIS
12.57%