Warner Music (WMG) EBIT Margin (2010 - 2026)
Warner Music (WMG) posted quarterly EBIT Margin of 15.24% for Q1 2026, up 392.0% year-over-year from 3.1% in Q1 2025, and down 2.62% quarter-over-quarter from 15.65% in Q4 2025.
Warner Music (WMG) EBIT Margin (2010 - 2026) Analysis & Trends
Warner Music (WMG) has reported EBIT Margin for 17 consecutive years, with 15.24% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBIT Margin rose 392.0% year-over-year to 15.24%; the TTM figure through Mar 2026 stood at 12.12% (up 56.0% YoY), while the FY2025 annual figure was 10.35%, down 246.0% from the prior year.
- EBIT Margin eased to 15.24% in Q1 2026 per WMG's latest filing, from 15.65% in the prior quarter.
- Across five years, EBIT Margin topped out at 20.25% in Q4 2023 and bottomed at 7.66% in Q3 2025.
- Historically, EBIT Margin has averaged 12.25% across 5 years, with a median of 12.06% in 2022.
- Annual changes were most pronounced in 2024 — EBIT Margin tumbled 741 bps — and 2026, when it surged 392 bps.
- Warner Music's EBIT Margin stood at 17.81% in 2022, then increased by 14 bps to 20.25% in 2023, then tumbled by 37 bps to 12.85% in 2024, then grew by 22 bps to 15.65% in 2025, then dropped by 3 bps to 15.24% in 2026.
- Business Quant data shows WMG's EBIT Margin at 15.24% in Q1 2026, 15.65% in Q4 2025, and 7.66% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 33.38% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | -35.31% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 2.72% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 6.81% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 24.17% |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 9.42% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 10.79% |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 14.33% |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 27.78% |
| 10 | Warner Music | 9.85 Bn | 9.23 Bn | 854.00 Mn | 16.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.36% |
| Mar 31, 2026 | 15.24% |
| Dec 31, 2025 | 15.65% |
| Sep 30, 2025 | 7.66% |
| Jun 30, 2025 | 10.01% |
| Mar 31, 2025 | 11.32% |
| Dec 31, 2024 | 12.85% |
| Sep 30, 2024 | 8.77% |
| Jun 30, 2024 | 13.32% |
| Mar 31, 2024 | 7.97% |
| Dec 31, 2023 | 20.25% |
| Sep 30, 2023 | 13.37% |
| Jun 30, 2023 | 12.08% |
| Mar 31, 2023 | 8.86% |
| Dec 31, 2022 | 17.81% |
| Sep 30, 2022 | 10.89% |
| Jun 30, 2022 | 10.20% |
| Mar 31, 2022 | 12.06% |
| Dec 31, 2021 | 14.81% |
| Sep 30, 2021 | 7.27% |