Growth Metrics

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

Warner Music (WMG) has disclosed Operating Margin for 16 consecutive years, with 15.65% as the latest value for Q4 2025.

  • On a quarterly basis, Operating Margin rose 281.0% to 15.65% in Q4 2025 year-over-year; TTM through Dec 2025 was 11.16%, a 40.0% increase, with the full-year FY2025 number at 10.35%, down 246.0% from a year prior.
  • Operating Margin was 15.65% for Q4 2025 at Warner Music, up from 7.66% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 20.25% in Q4 2023 to a low of 7.27% in Q3 2021.
  • A 5-year average of 11.97% and a median of 12.07% in 2022 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: skyrocketed 5496bps in 2021, then plummeted -741bps in 2024.
  • Warner Music's Operating Margin stood at 14.81% in 2021, then rose by 20bps to 17.81% in 2022, then increased by 14bps to 20.25% in 2023, then crashed by -37bps to 12.85% in 2024, then grew by 22bps to 15.65% in 2025.
  • Per Business Quant, the three most recent readings for WMG's Operating Margin are 15.65% (Q4 2025), 7.66% (Q3 2025), and 10.01% (Q2 2025).