Warner Music WMG
NASDAQ WMG
$28.16 +0.13 (+0.46%)
As of: Sep 9, 2026 · 3:59 PM EDT

Warner Music (WMG) Tax Rate (2010 - 2026)

Warner Music's (WMG) quarterly Tax Rate came in at 25.09% in Q2 2026, up 7055.0% year-over-year from 0.35% in Q2 2025, and down 12.69% quarter-over-quarter from 28.74% in Q1 2026.

Analysis

Warner Music (WMG) Tax Rate (2010 - 2026) Analysis & Trends

Warner Music (WMG) has reported Tax Rate for 17 consecutive years, with 25.09% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Tax Rate rose 7055.0% year-over-year to 25.09% in Q2 2026; TTM through Jun 2026 was 23.83%, a 514.0% decrease from a year earlier, with the FY2025 full-year figure at 24.49%, up 402.0% from the prior year.
  • Tax Rate was 25.09% for Q2 2026 at Warner Music, down from 28.74% in the prior quarter.
  • Over five years, Tax Rate peaked at 44.62% in Q1 2025 and troughed at 45.45% in Q2 2025.
  • A 5-year average of 20.01% and a median of 26.36% in 2023 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate plunged 6300 bps in 2025 and soared 7055 bps in 2026, its largest moves.
  • Over 5 years, Tax Rate stood at 27.91% in 2022, then declined by 3 bps to 27.17% in 2023, then retreated by 1 bps to 26.97% in 2024, then climbed by 7 bps to 28.86% in 2025, then retreated by 13 bps to 25.09% in 2026.
  • The last three Tax Rate figures came in at 25.09% (Q2 2026), 28.74% (Q1 2026), and 28.86% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Warner Music 10.57 Bn 9.95 Bn 854.00 Mn 25.09%
2 Reservoir Media 580.60 Mn 566.94 Mn 26.69 Mn 31.99%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 25.09%
Mar 31, 2026 28.74%
Dec 31, 2025 28.86%
Sep 30, 2025 -2.83%
Jun 30, 2025 -45.45%
Mar 31, 2025 44.62%
Dec 31, 2024 26.97%
Sep 30, 2024 5.88%
Jun 30, 2024 17.54%
Mar 31, 2024 15.79%
Dec 31, 2023 27.17%
Sep 30, 2023 27.36%
Jun 30, 2023 25.75%
Mar 31, 2023 36.21%
Dec 31, 2022 27.91%
Sep 30, 2022 19.79%
Jun 30, 2022 23.78%
Mar 31, 2022 26.98%
Dec 31, 2021 28.52%
Sep 30, 2021 42.31%