Warner Music (WMG) Depreciation and Depletion (2010 - 2026)
Warner Music's Depreciation and Depletion came in at $33 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 13.8% from $29 million a year earlier and up 6.5% from the prior quarter.
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Analysis
Warner Music (WMG) Depreciation and Depletion (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Warner Music reported Depreciation and Depletion of $127 million, up 13.4% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $118 million, up 14.6% from FY2024.
- Depreciation and Depletion has increased in each of the last three fiscal years, with a five-year compound annual growth rate of 10.7% (FY2020 to FY2025).
- Going back by fiscal year, Depreciation and Depletion was $103 million in FY2024 (+18.4%), $87 million in FY2023 (+14.5%), $76 million in FY2022 (-1.3%) and $77 million in FY2021 (+8.5%).
- The fiscal Q3 2026 figure represents the highest quarterly Depreciation and Depletion in data going back to fiscal Q1 2012.
- Year-over-year, Depreciation and Depletion has increased for 14 consecutive quarters, with growth averaging 13.5% over the last eight quarters.
- The fastest year-over-year change in Depreciation and Depletion over five years came in fiscal Q4 2023 (growth of 29.4%), and the weakest in fiscal Q4 2022 (a decline of 15.0%).
- Business Quant data shows WMG's Depreciation and Depletion at $31 million (Q2 2026), $31 million (Q1 2026) and $32 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 176.43 Bn | 161.00 Bn | 11.57 Bn | - |
| 2 | Warner Music | 14.03 Bn | 11.52 Bn | 854.00 Mn | 33.00 Mn |
| 3 | Lionsgate Studios | 3.32 Bn | 2.28 Bn | - | - |
| 4 | Angel Studios | 753.52 Mn | 559.02 Mn | 59.96 Mn | - |
| 5 | Reservoir Media | 627.66 Mn | 539.97 Mn | 26.69 Mn | 76,167.00 |
| 6 | Kartoon Studios | 34.83 Mn | 17.70 Mn | - | 719,000.00 |
| 7 | American Picture House | 7.96 Mn | 7.96 Mn | - | - |
| 8 | Nexus Advanced Technologies | 1.88 Mn | -16.73 Mn | - | - |
| 9 | AI Era | 348,100.85 | -302,132.15 | - | 475.00 |
| 10 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.00 Mn |
| Mar 31, 2026 | 31.00 Mn |
| Dec 31, 2025 | 31.00 Mn |
| Sep 30, 2025 | 32.00 Mn |
| Jun 30, 2025 | 29.00 Mn |
| Mar 31, 2025 | 28.00 Mn |
| Dec 31, 2024 | 29.00 Mn |
| Sep 30, 2024 | 26.00 Mn |
| Jun 30, 2024 | 25.00 Mn |
| Mar 31, 2024 | 26.00 Mn |
| Dec 31, 2023 | 26.00 Mn |
| Sep 30, 2023 | 22.00 Mn |
| Jun 30, 2023 | 22.00 Mn |
| Mar 31, 2023 | 22.00 Mn |
| Dec 31, 2022 | 21.00 Mn |
| Sep 30, 2022 | 17.00 Mn |
| Jun 30, 2022 | 18.00 Mn |
| Mar 31, 2022 | 20.00 Mn |
| Dec 31, 2021 | 21.00 Mn |
| Sep 30, 2021 | 20.00 Mn |
API Access
Warner Music Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "WMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();