Warner Music (WMG) Return on Capital Employed (2011 - 2026)

Warner Music's (WMG) quarterly Return on Capital Employed came in at 14.67% in Q1 2026, up 121.0% year-on-year from 6.64% in Q1 2025, and up 7.14% on a QoQ basis 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.

  • On a quarterly basis, Return on Capital Employed rose 121.0% year-over-year to 14.67% in Q1 2026; TTM through Mar 2026 was 14.67%, a 121.0% increase from a year earlier, with the FY2025 full-year figure at 13.12%, down 350.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 14.67%, up from 13.69% in the prior quarter.
  • Over the last five years, Return on Capital Employed for WMG reached as high as 17.5% in Q4 2023 and fell as low as 12.34% in Q2 2025.
  • Historically, Return on Capital Employed has averaged 14.9% across 5 years, with a median of 14.67% in 2026.
  • Across the five-year window, Return on Capital Employed jumped 1394 bps in 2022 and plunged 479 bps in 2025, its largest moves.
  • Year by year, Return on Capital Employed stood at 15.96% in 2022, then advanced by 10 bps to 17.5% in 2023, then slipped by 25 bps to 13.07% in 2024, then advanced by 5 bps to 13.69% in 2025, then rose by 7 bps to 14.67% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 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 286.85 Bn 277.73 Bn 6.52 Bn 30.16%
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 13.42%
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn -2.04%
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn 8.44%
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 4.99%
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 3.21%
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 5.95%
8 Fox 20.85 Bn 17.36 Bn - 14.30%
9 News 16.48 Bn 15.01 Bn - 7.85%
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 13.69%
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%