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

Warner Music (WMG) reported EBT Margin of 14.67% for Q1 2026, up 1029.0% year-over-year from 1.3% in Q1 2025, and up 9.69% quarter-over-quarter from 13.37% in Q4 2025.

Warner Music (WMG) EBT Margin (2010 - 2026) Analysis & Trends

Warner Music (WMG) has 17 years of EBT Margin data on file, last reported at 14.67% in Q1 2026.

  • EBT Margin for Q1 2026 came in at 14.67%, up 1029.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.35% (down 139.0% YoY), and the FY2025 annual result was 7.31%, down 205.0% from the prior year.
  • EBT Margin climbed to 14.67% in Q1 2026 per WMG's latest filing, from 13.37% in the prior quarter.
  • Over five years, EBT Margin peaked at 19.81% in Q4 2024 and troughed at 0.65% in Q2 2025.
  • A 5-year average of 9.82% and a median of 11.0% in 2024 frame the typical range for EBT Margin.
  • The sharpest annual moves came in 2025 and 2026: EBT Margin slumped 1166 bps in 2025, then surged 1029 bps in 2026.
  • A 5-year view of EBT Margin shows it stood at 11.56% in 2022, then jumped by 31 bps to 15.16% in 2023, then jumped by 31 bps to 19.81% in 2024, then slumped by 33 bps to 13.37% in 2025, then grew by 10 bps to 14.67% in 2026.
  • Business Quant data shows WMG's EBT Margin at 14.67% in Q1 2026, 13.37% in Q4 2025, and 5.67% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 53.45%
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 13.38%
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -35.08%
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -10.86%
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 8.16%
7 Fox 20.41 Bn 16.92 Bn - 5.91%
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 7.10%
9 News 15.92 Bn 14.45 Bn - 8.65%
10 Warner Music 4.13 Bn 3.49 Bn 802.00 Mn 14.67%

Historic Data

Download Data
DateValue
Mar 31, 2026 14.67%
Dec 31, 2025 13.37%
Sep 30, 2025 5.67%
Jun 30, 2025 -0.65%
Mar 31, 2025 4.38%
Dec 31, 2024 19.81%
Sep 30, 2024 3.13%
Jun 30, 2024 11.00%
Mar 31, 2024 7.63%
Dec 31, 2023 15.16%
Sep 30, 2023 13.37%
Jun 30, 2023 10.68%
Mar 31, 2023 4.15%
Dec 31, 2022 11.56%
Sep 30, 2022 12.49%
Jun 30, 2022 11.45%
Mar 31, 2022 9.16%
Dec 31, 2021 16.29%
Sep 30, 2021 3.78%
Jun 30, 2021 7.61%