Warner Music (WMG) Depreciation Expense (2013 - 2019)
Warner Music (WMG) reported Depreciation Expense of $14.0 million for Q1 2019, little changed year-over-year from $14.0 million in Q1 2018, and little changed on a QoQ basis from $14.0 million in Q4 2018.
Warner Music (WMG) has 7 years of Depreciation Expense data on file, last reported at $14.0 million in Q1 2019.
- Quarterly Depreciation Expense changed 0.0% year-over-year to $14.0 million in Q1 2019, while the trailing twelve-month figure through Mar 2019 was $57.0 million (up 11.76% YoY) and the FY2018 annual result came in at $55.0 million, up 10.0% from the prior year.
- Depreciation Expense held at $14.0 million in Q1 2019 per WMG's latest filing, from $14.0 million in the prior quarter.
- Across five years, Depreciation Expense topped out at $15.0 million in Q2 2018 and bottomed at $12.0 million in Q3 2015.
- The 5-year median for Depreciation Expense is $13.0 million (2015), against an average of $13.1 million.
- The widest annual swing landed in 2015, when Depreciation Expense retreated 25.0%; it then grew 16.67% in 2018.
- Tracing WMG's Depreciation Expense over 5 years: stood at $13.0 million in 2015, then fell by 7.69% to $12.0 million in 2016, then changed by 0.0% to $12.0 million in 2017, then climbed by 16.67% to $14.0 million in 2018, then changed by 0.0% to $14.0 million in 2019.
- Per Business Quant, the three latest WMG Depreciation Expense figures stand at $14.0 million (Q1 2019), $14.0 million (Q4 2018), and $14.0 million (Q3 2018).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | - |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | - |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | - |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 99.57 Mn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | - |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | - |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | - |
| 8 | News | 16.98 Bn | 15.50 Bn | - | - |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 22.80 Mn |
| 10 | Warner Music | 4.58 Bn | 3.94 Bn | 802.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2019 | 14.00 Mn |
| Dec 31, 2018 | 14.00 Mn |
| Sep 30, 2018 | 14.00 Mn |
| Jun 30, 2018 | 15.00 Mn |
| Mar 31, 2018 | 14.00 Mn |
| Dec 31, 2017 | 12.00 Mn |
| Sep 30, 2017 | 12.00 Mn |
| Jun 30, 2017 | 13.00 Mn |
| Mar 31, 2017 | 13.00 Mn |
| Dec 31, 2016 | 12.00 Mn |
| Sep 30, 2016 | 13.00 Mn |
| Jun 30, 2016 | 12.00 Mn |
| Mar 31, 2016 | 12.00 Mn |
| Dec 31, 2015 | 13.00 Mn |
| Sep 30, 2015 | 12.00 Mn |
| Jun 30, 2015 | 14.00 Mn |
| Mar 31, 2015 | 14.00 Mn |
| Dec 31, 2014 | 14.00 Mn |
| Sep 30, 2014 | 16.00 Mn |
| Jun 30, 2014 | 14.00 Mn |
| Mar 31, 2014 | 13.00 Mn |
| Dec 31, 2013 | 12.00 Mn |