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% on a QoQ basis from 13.69% in Q4 2025.
Warner Music (WMG) has 16 years of Return on Capital Employed data on file, last reported at 14.67% in Q1 2026.
- Quarterly Return on Capital Employed rose 121.0% year-over-year to 14.67% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 14.67% (up 121.0% YoY) and the FY2025 annual result came in at 13.12%, down 350.0% from the prior year.
- Return on Capital Employed rose to 14.67% in Q1 2026 per WMG's latest filing, from 13.69% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 17.5% in Q4 2023 and bottomed at 12.34% in Q2 2025.
- The 5-year median for Return on Capital Employed is 14.67% (2026), against an average of 14.9%.
- The widest annual swing landed in 2022, when Return on Capital Employed jumped 1394 bps; it then plunged 479 bps in 2025.
- Tracing WMG's Return on Capital Employed over 5 years: stood at 15.96% in 2022, then climbed by 10 bps to 17.5% in 2023, then dropped by 25 bps to 13.07% in 2024, then climbed by 5 bps to 13.69% in 2025, then gained by 7 bps to 14.67% in 2026.
- Per Business Quant, the three latest WMG Return on Capital Employed figures stand at 14.67% (Q1 2026), 13.69% (Q4 2025), and 12.39% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 30.18% |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | -1.85% |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | -2.04% |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 8.44% |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 12.17% |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 4.99% |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 3.21% |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 7.02% |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 6.90% |
| 10 | Warner Music | 4.58 Bn | 3.94 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% |
| Mar 31, 2021 | 0.05% |
| Dec 31, 2020 | -5.23% |
| Sep 30, 2020 | -6.43% |
| Jun 30, 2020 | -7.98% |
| Mar 31, 2020 | 5.82% |
| Dec 31, 2019 | 11.11% |
| Sep 30, 2019 | 11.24% |
| Jun 30, 2019 | 10.13% |
| Mar 31, 2019 | 9.19% |
| Dec 31, 2018 | 8.98% |
| Sep 30, 2018 | 6.82% |
| Jun 30, 2018 | 5.74% |
| Mar 31, 2018 | 6.27% |
| Dec 31, 2017 | 6.12% |
| Sep 30, 2017 | 6.35% |
| Jun 30, 2017 | 8.05% |
| Mar 31, 2017 | 7.85% |
| Dec 31, 2016 | 7.25% |
| Sep 30, 2016 | 5.99% |
| Jun 30, 2016 | 5.54% |
| Mar 31, 2016 | 4.67% |
| Dec 31, 2015 | 4.45% |
| Sep 30, 2015 | 3.35% |
| Jun 30, 2015 | 2.97% |
| Mar 31, 2015 | 1.93% |
| Dec 31, 2014 | 0.68% |
| Sep 30, 2014 | 0.46% |
| Jun 30, 2014 | -1.10% |
| Mar 31, 2014 | -0.54% |
| Dec 31, 2013 | 0.93% |
| Sep 30, 2013 | 2.09% |
| Jun 30, 2013 | 4.56% |
| Mar 31, 2013 | 4.38% |
| Dec 31, 2012 | 3.36% |
| Sep 30, 2012 | 3.02% |
| Jun 30, 2012 | 2.08% |
| Mar 31, 2012 | 2.29% |
| Dec 31, 2011 | 2.42% |