Warner Music (WMG) Return on Invested Capital (2013 - 2018)
Warner Music (WMG) posted quarterly Return on Invested Capital of 0.02% for Q4 2018, up 34.93% quarter-over-quarter from 0.01% in Q3 2018.
Warner Music (WMG) Return on Invested Capital (2013 - 2018) Analysis & Trends
Warner Music (WMG) has reported Return on Invested Capital for 6 consecutive years, with 0.02% the latest figure, recorded in Q4 2018.
- In Q4 2018, Return on Invested Capital changed N/A year-over-year to 0.02%; the TTM figure through Dec 2018 stood at 0.02% (changed N/A YoY), while the FY2015 annual figure was 0.06%, up 5.0% from the prior year.
- Return on Invested Capital improved to 0.02% in Q4 2018 per WMG's latest filing, from 0.01% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.22% in Q1 2016 and bottomed at 0.0% in Q2 2014.
- Historically, Return on Invested Capital has averaged 0.03% across 5 years, with a median of 0.01% in 2018.
- Annual changes were most pronounced in 2016 — Return on Invested Capital advanced 20 bps — and 2017, when it declined 20 bps.
- Warner Music's Return on Invested Capital stood at 0.0% in 2014, then soared by 921 bps to 0.03% in 2015, then plunged by 75 bps to 0.01% in 2016, then surged by 72 bps to 0.01% in 2017, then advanced by 28 bps to 0.02% in 2018.
- Business Quant data shows WMG's Return on Invested Capital at 0.02% in Q4 2018, 0.01% in Q3 2018, and 0.01% in Q2 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 0.04% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | -0.01% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 0.00% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 0.00% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 0.00% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | - |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 0.13% |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 0.05% |
| 10 | Warner Music | 9.85 Bn | 9.23 Bn | 854.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 0.02% |
| Sep 30, 2018 | 0.01% |
| Jun 30, 2018 | 0.01% |
| Mar 31, 2017 | 0.01% |
| Dec 31, 2016 | 0.01% |
| Sep 30, 2016 | 0.01% |
| Jun 30, 2016 | 0.01% |
| Mar 31, 2016 | 0.22% |
| Dec 31, 2015 | 0.03% |
| Sep 30, 2015 | 0.03% |
| Jun 30, 2015 | 0.02% |
| Mar 31, 2015 | 0.01% |
| Dec 31, 2014 | 0.00% |
| Sep 30, 2014 | 0.00% |
| Jun 30, 2014 | 0.00% |
| Mar 31, 2014 | 0.00% |
| Dec 31, 2013 | 0.00% |
| Sep 30, 2013 | 0.01% |
| Jun 30, 2013 | 0.02% |
| Mar 31, 2013 | 0.03% |