Warner Music Group (WMG)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | 646,000 | 594,000 | 773,000 | 825,000 | 762,000 | 919,000 | 913,000 | 850,000 | 750,000 | 720,000 | 711,000 | 776,000 | 865,000 | 728,000 | 664,000 | 706,000 | 578,000 | 506,000 | -62,000 | -315,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 647,000 | 589,000 | 567,000 | 545,000 | 518,000 | 483,000 | 433,000 | 463,000 | 307,000 | 281,000 | 252,000 | 270,000 | 152,000 | 156,000 | 154,000 | 153,000 | 31,000 | 81,000 | 57,000 | 16,000 |
| Return on total capital | 99.85% | 100.85% | 136.33% | 151.38% | 147.10% | 190.27% | 210.85% | 183.59% | 244.30% | 256.23% | 282.14% | 287.41% | 569.08% | 466.67% | 431.17% | 461.44% | 1,864.52% | 624.69% | -108.77% | -1,968.75% |
September 30, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $646,000K ÷ ($—K + $647,000K)
= 99.85%
Peer comparison
Sep 30, 2025
Company name
Symbol
Return on total capital
Warner Music Group
WMG
99.85%
Walt Disney Company
DIS
12.66%