Growth Metrics

Warner Music (WMG) Tax Rate (2016 - 2025)

Warner Music (WMG) has disclosed Tax Rate for 16 consecutive years, with 28.86% as the latest value for Q4 2025.

  • On a quarterly basis, Tax Rate rose 189.0% to 28.86% in Q4 2025 year-over-year; TTM through Dec 2025 was 25.12%, a 410.0% increase, with the full-year FY2025 number at 24.49%, up 402.0% from a year prior.
  • Tax Rate was 28.86% for Q4 2025 at Warner Music, up from 2.83% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 44.62% in Q1 2025 to a low of 45.45% in Q2 2025.
  • A 5-year average of 22.38% and a median of 27.08% in 2023 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: surged 5109bps in 2021, then plummeted -6300bps in 2025.
  • Warner Music's Tax Rate stood at 28.52% in 2021, then dropped by -2bps to 27.91% in 2022, then dropped by -3bps to 27.17% in 2023, then fell by -1bps to 26.97% in 2024, then increased by 7bps to 28.86% in 2025.
  • Per Business Quant, the three most recent readings for WMG's Tax Rate are 28.86% (Q4 2025), 2.83% (Q3 2025), and 45.45% (Q2 2025).