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
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%