Warner Music Group (WMG)
Interest coverage
| 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 |
| Interest expense (ttm) | US$ in thousands | 162,000 | 159,000 | 156,000 | 159,000 | 161,000 | 157,000 | 155,000 | 148,000 | 141,000 | 136,000 | 130,000 | 127,000 | 125,000 | 123,000 | 121,000 | 121,000 | 122,000 | 122,000 | 124,000 | 125,000 |
| Interest coverage | 3.99 | 3.74 | 4.96 | 5.19 | 4.73 | 5.85 | 5.89 | 5.74 | 5.32 | 5.29 | 5.47 | 6.11 | 6.92 | 5.92 | 5.49 | 5.83 | 4.74 | 4.15 | -0.50 | -2.52 |
September 30, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $646,000K ÷ $162,000K
= 3.99
Peer comparison
Sep 30, 2025