Warner Music (WMG) EBT Margin (2010 - 2026)
Warner Music's (WMG) quarterly EBT Margin came in at 14.32% in Q2 2026, up 1498.0% year-over-year from 0.9% in Q2 2025, and down 2.33% quarter-over-quarter from 14.67% in Q1 2026.
Analysis
Warner Music (WMG) EBT Margin (2010 - 2026) Analysis & Trends
Warner Music (WMG) has reported EBT Margin for 17 consecutive years, with 14.32% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT Margin rose 1498.0% year-over-year to 14.32% in Q2 2026; TTM through Jun 2026 was 11.95%, a 523.0% increase from a year earlier, with the FY2025 full-year figure at 7.31%, down 205.0% from the prior year.
- EBT Margin was 14.32% for Q2 2026 at Warner Music, down from 14.67% 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 10.07% and a median of 11.23% in 2024 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin tumbled 1166 bps in 2025 and surged 1498 bps in 2026, its largest moves.
- Over 5 years, EBT Margin stood at 11.56% in 2022, then soared by 31 bps to 15.16% in 2023, then soared by 31 bps to 19.81% in 2024, then tumbled by 33 bps to 13.37% in 2025, then climbed by 7 bps to 14.32% in 2026.
- The last three EBT Margin figures came in at 14.32% (Q2 2026), 14.67% (Q1 2026), and 13.37% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Music | 10.57 Bn | 9.95 Bn | 854.00 Mn | 14.32% |
| 2 | Reservoir Media | 580.60 Mn | 566.94 Mn | 26.69 Mn | -1.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.32% |
| 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% |