Growth Metrics

Warner Music (WMG) EBITDA Margin (2010 - 2026)

Warner Music (WMG) reported EBITDA Margin of 15.24% for Q1 2026, up 392.0% year-over-year from 3.1% in Q1 2025, and down 2.62% on a QoQ basis from 15.65% in Q4 2025.

Warner Music (WMG) has 17 years of EBITDA Margin data on file, last reported at 15.24% in Q1 2026.

  • Quarterly EBITDA Margin rose 392.0% year-over-year to 15.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.12% (up 56.0% YoY) and the FY2025 annual result came in at 10.35%, down 246.0% from the prior year.
  • EBITDA Margin retreated to 15.24% in Q1 2026 per WMG's latest filing, from 15.65% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 20.25% in Q4 2023 and bottomed at 7.66% in Q3 2025.
  • The 5-year median for EBITDA Margin is 12.06% (2022), against an average of 12.25%.
  • The widest annual swing landed in 2024, when EBITDA Margin sank 741 bps; it then soared 392 bps in 2026.
  • Tracing WMG's EBITDA Margin over 5 years: stood at 17.81% in 2022, then advanced by 14 bps to 20.25% in 2023, then plunged by 37 bps to 12.85% in 2024, then gained by 22 bps to 15.65% in 2025, then retreated by 3 bps to 15.24% in 2026.
  • Per Business Quant, the three latest WMG EBITDA Margin figures stand at 15.24% (Q1 2026), 15.65% (Q4 2025), and 7.66% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn 32.30%
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn 9.16%
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn -27.76%
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn -7.14%
5 Fox 26.01 Bn 22.51 Bn - 5.91%
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn 9.00%
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn 4.15%
8 News 16.98 Bn 15.50 Bn - 8.65%
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn 22.62%
10 Warner Music 4.58 Bn 3.94 Bn 802.00 Mn 15.24%

Historic Data

Download Data 🔒
DateValue
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%
Jun 30, 2021 12.09%
Mar 31, 2021 12.08%
Dec 31, 2020 14.68%
Sep 30, 2020 7.82%
Jun 30, 2020 -42.87%
Mar 31, 2020 -4.58%
Dec 31, 2019 13.14%
Sep 30, 2019 2.58%
Jun 30, 2019 5.48%
Mar 31, 2019 12.48%
Dec 31, 2018 13.38%
Sep 30, 2018 2.89%
Jun 30, 2018 4.49%
Mar 31, 2018 10.07%
Dec 31, 2017 9.76%
Sep 30, 2017 1.20%
Jun 30, 2017 6.98%
Mar 31, 2017 11.03%
Dec 31, 2016 11.56%
Sep 30, 2016 8.09%
Jun 30, 2016 7.03%
Mar 31, 2016 8.59%
Dec 31, 2015 8.83%
Sep 30, 2015 6.53%
Jun 30, 2015 5.21%
Mar 31, 2015 8.57%
Dec 31, 2014 4.46%
Sep 30, 2014 5.19%
Jun 30, 2014 -0.13%
Mar 31, 2014 1.23%
Dec 31, 2013 3.31%
Sep 30, 2013 -5.37%
Jun 30, 2013 1.21%
Mar 31, 2013 8.44%
Dec 31, 2012 6.63%
Sep 30, 2012 5.61%
Jun 30, 2012 1.08%
Mar 31, 2012 3.53%
Dec 31, 2011 5.03%
Jun 30, 2011 1.46%
Mar 31, 2011 2.34%
Dec 31, 2010 3.47%
Sep 30, 2010 2.65%
Jun 30, 2010 -0.15%