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| 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% |