Warner Music (WMG) Return on Capital Employed (2011 - 2026)
Warner Music (WMG) reported Return on Capital Employed of 14.67% for Q1 2026, up 121.0% year-over-year from 6.64% in Q1 2025, and up 7.14% quarter-over-quarter from 13.69% in Q4 2025.
Warner Music (WMG) Return on Capital Employed (2011 - 2026) Analysis & Trends
Warner Music (WMG) has 16 years of Return on Capital Employed data on file, last reported at 14.67% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 14.67%, up 121.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.67% (up 121.0% YoY), and the FY2025 annual result was 13.12%, down 350.0% from the prior year.
- Return on Capital Employed improved to 14.67% in Q1 2026 per WMG's latest filing, from 13.69% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 17.5% in Q4 2023 and troughed at 12.34% in Q2 2025.
- A 5-year average of 14.9% and a median of 14.67% in 2026 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2025: Return on Capital Employed soared 1394 bps in 2022, then slumped 479 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 15.96% in 2022, then increased by 10 bps to 17.5% in 2023, then fell by 25 bps to 13.07% in 2024, then increased by 5 bps to 13.69% in 2025, then climbed by 7 bps to 14.67% in 2026.
- Business Quant data shows WMG's Return on Capital Employed at 14.67% in Q1 2026, 13.69% in Q4 2025, and 12.39% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 30.18% |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | -1.85% |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | -2.04% |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | - |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | 8.44% |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 4.99% |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 12.17% |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | 3.21% |
| 9 | News | 15.92 Bn | 14.45 Bn | - | 7.02% |
| 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 | 13.69% |
| Sep 30, 2025 | 12.39% |
| Jun 30, 2025 | 12.34% |
| Mar 31, 2025 | 13.45% |
| Dec 31, 2024 | 13.07% |
| Sep 30, 2024 | 16.15% |
| Jun 30, 2024 | 17.13% |
| Mar 31, 2024 | 16.40% |
| Dec 31, 2023 | 17.50% |
| Sep 30, 2023 | 16.43% |
| Jun 30, 2023 | 15.47% |
| Mar 31, 2023 | 14.30% |
| Dec 31, 2022 | 15.96% |
| Sep 30, 2022 | 16.24% |
| Jun 30, 2022 | 14.10% |
| Mar 31, 2022 | 13.99% |
| Dec 31, 2021 | 15.32% |
| Sep 30, 2021 | 15.32% |
| Jun 30, 2021 | 14.80% |