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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Warner Music (WMG) Gross Margin (2016 - 2025)

Warner Music (WMG) has disclosed Gross Margin for 16 consecutive years, with 46.36% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin rose 2.0% to 46.36% in Q4 2025 year-over-year; TTM through Dec 2025 was 45.87%, a 103.0% decrease, with the full-year FY2025 number at 45.85%, down 194.0% from a year prior.
  • Gross Margin was 46.36% for Q4 2025 at Warner Music, up from 44.65% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 50.16% in Q1 2021 to a low of 44.65% in Q3 2025.
  • A 5-year average of 47.35% and a median of 46.71% in 2023 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: surged 136bps in 2021, then crashed -332bps in 2024.
  • Warner Music's Gross Margin stood at 49.32% in 2021, then decreased by -1bps to 48.86% in 2022, then rose by 2bps to 49.66% in 2023, then dropped by -7bps to 46.34% in 2024, then increased by 0bps to 46.36% in 2025.
  • Per Business Quant, the three most recent readings for WMG's Gross Margin are 46.36% (Q4 2025), 44.65% (Q3 2025), and 45.94% (Q2 2025).