Warner Music (WMG) EBT Margin (2010 - 2026)
Warner Music's (WMG) quarterly EBT Margin came in at 14.67% in Q1 2026, up 1029.0% year-on-year from 1.3% in Q1 2025, and up 9.69% on a QoQ basis 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.
- On a quarterly basis, EBT Margin rose 1029.0% year-over-year to 14.67% in Q1 2026; TTM through Mar 2026 was 8.35%, a 139.0% decrease from a year earlier, with the FY2025 full-year figure at 7.31%, down 205.0% from the prior year.
- EBT Margin for Q1 2026 stood at 14.67%, up from 13.37% in the prior quarter.
- Over the last five years, EBT Margin for WMG reached as high as 19.81% in Q4 2024 and fell as low as 0.65% in Q2 2025.
- Historically, EBT Margin has averaged 9.82% across 5 years, with a median of 11.0% in 2024.
- Across the five-year window, EBT Margin plunged 1166 bps in 2025 and soared 1029 bps in 2026, its largest moves.
- Year by year, EBT Margin 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 tumbled by 33 bps to 13.37% in 2025, then gained by 10 bps to 14.67% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 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 | 286.85 Bn | 277.73 Bn | 6.52 Bn | 32.39% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 13.38% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -35.08% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -10.86% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 8.16% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 7.10% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 17.67% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 5.91% |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 8.65% |
| 10 | Warner Music | 73.15 Mn | -534.85 Mn | 802.00 Mn | 14.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |