Financial Snapshot

Revenue
$6.344B
TTM
Gross Margin
46.9%
TTM
Net Earnings
$511.0M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
69.23%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$697.0M
Q4 2024
Cash
Q4 2024
P/E
32.38
Nov 29, 2024 EST
Free Cash Flow
$542.0M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $6.426B $6.037B $5.919B $5.301B $4.463B $4.475B $4.005B $3.576B $3.246B $2.966B $3.027B $2.871B $2.780B $2.869B $2.988B $3.205B $3.506B $3.383B $3.516B $3.502B $2.548B $3.376B $3.290B
YoY Change 6.44% 1.99% 11.66% 18.78% -0.27% 11.74% 12.0% 10.17% 9.44% -2.02% 5.43% 3.27% -3.1% -3.98% -6.77% -8.59% 3.64% -3.78% 0.4% 37.44% -24.53% 2.61%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $6.426B $6.037B $5.919B $5.301B $4.463B $4.475B $4.005B $3.576B $3.246B $2.966B $3.027B $2.871B $2.780B $2.869B $2.988B $3.205B $3.506B $3.383B $3.516B $3.502B $2.548B $3.376B $3.290B
Cost Of Revenue $3.355B $3.177B $3.080B $2.742B $2.333B $2.401B $2.171B $1.931B $1.707B $1.511B $1.570B $1.492B $1.459B $1.551B $1.584B $1.732B $1.846B $1.811B $1.822B $1.850B $1.359B $1.940B $1.873B
Gross Profit $3.071B $2.860B $2.839B $2.559B $2.130B $2.074B $1.834B $1.645B $1.539B $1.455B $1.457B $1.379B $1.321B $1.318B $1.404B $1.473B $1.660B $1.572B $1.694B $1.652B $1.189B $1.436B $1.417B
Gross Profit Margin 47.79% 47.37% 47.96% 48.27% 47.73% 46.35% 45.79% 46.0% 47.41% 49.06% 48.13% 48.03% 47.52% 45.94% 46.99% 45.96% 47.35% 46.47% 48.18% 47.17% 46.66% 42.54% 43.07%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Selling, General & Admin $1.879B $1.826B $1.862B $1.721B $2.169B $1.510B $1.411B $1.222B $1.082B $1.073B $1.172B $1.046B $1.019B $975.0M $1.095B $1.076B $1.188B $1.161B $1.232B $1.305B $996.0M $1.286B $1.282B
YoY Change 2.9% -1.93% 8.19% -20.65% 43.64% 7.02% 15.47% 12.94% 0.84% -8.45% 12.05% 2.65% 4.51% -10.96% 1.77% -9.43% 2.33% -5.76% -5.59% 31.02% -22.55% 0.31%
% of Gross Profit 61.19% 63.85% 65.59% 67.25% 101.83% 72.81% 76.94% 74.29% 70.31% 73.75% 80.44% 75.85% 77.14% 73.98% 77.99% 73.05% 71.57% 73.85% 72.73% 79.0% 83.77% 89.55% 90.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $327.0M $332.0M $339.0M $306.0M $261.0M $269.0M $261.0M $251.0M $293.0M $309.0M $321.0M $258.0M $244.0M $258.0M $258.0M $262.0M $268.0M $246.0M $235.0M $238.0M $212.0M $328.0M $249.0M
YoY Change -1.51% -2.06% 10.78% 17.24% -2.97% 3.07% 3.98% -14.33% -5.18% -3.74% 24.42% 5.74% -5.43% 0.0% -1.53% -2.24% 8.94% 4.68% -1.26% 12.26% -35.37% 31.73%
% of Gross Profit 10.65% 11.61% 11.94% 11.96% 12.25% 12.97% 14.23% 15.26% 19.04% 21.24% 22.03% 18.71% 18.47% 19.58% 18.38% 17.79% 16.14% 15.65% 13.87% 14.41% 17.83% 22.84% 17.57%
Operating Expenses $1.879B $1.826B $1.862B $1.721B $2.169B $1.510B $1.411B $1.222B $1.082B $1.073B $1.172B $1.304B $1.019B $1.233B $1.095B $1.338B $1.453B $1.294B $1.411B $1.488B $1.156B $1.528B $1.464B
YoY Change 2.9% -1.93% 8.19% -20.65% 43.64% 7.02% 15.47% 12.94% 0.84% -8.45% -10.12% 27.97% -17.36% 12.6% -18.16% -7.91% 12.29% -8.29% -5.17% 28.72% -24.35% 4.37%
Operating Profit $823.0M $790.0M $714.0M $609.0M -$229.0M $356.0M $217.0M $222.0M $214.0M $127.0M $19.00M $75.00M $109.0M $85.00M $90.00M $135.0M $207.0M $278.0M $283.0M $164.0M $33.00M -$92.00M -$47.00M
YoY Change 4.18% 10.64% 17.24% -365.94% -164.33% 64.06% -2.25% 3.74% 68.5% 568.42% -74.67% -31.19% 28.24% -5.56% -33.33% -34.78% -25.54% -1.77% 72.56% 396.97% -135.87% 95.74%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Interest Expense -$161.0M -$141.0M -$125.0M -$122.0M -$127.0M -$142.0M -$138.0M -$149.0M -$173.0M -$181.0M -$203.0M -$203.0M $225.0M -$213.0M $190.0M -$150.0M -$180.0M -$187.0M -$179.0M -$170.0M -$220.0M -$72.00M -$23.00M
YoY Change 14.18% 12.8% 2.46% -3.94% -10.56% 2.9% -7.38% -13.87% -4.42% -10.84% 0.0% -190.22% -205.63% -212.11% -226.67% -16.67% -3.74% 4.47% 5.29% -22.73% 205.56% 213.04%
% of Operating Profit -19.56% -17.85% -17.51% -20.03% -39.89% -63.59% -67.12% -80.84% -142.52% -1068.42% -270.67% 206.42% -250.59% 211.11% -111.11% -86.96% -67.27% -63.25% -103.66% -666.67%
Other Income/Expense, Net -$61.00M -$36.00M $151.0M -$9.000M -$57.00M $60.00M $394.0M -$40.00M $18.00M -$21.00M -$4.000M -$12.00M $8.000M $5.000M -$4.000M $1.000M -$8.000M $0.00 $3.000M $7.000M -$10.00M -$87.00M -$5.000M
YoY Change 69.44% -123.84% -1777.78% -84.21% -195.0% -84.77% -1085.0% -322.22% -185.71% 425.0% -66.67% -250.0% 60.0% -225.0% -500.0% -112.5% -100.0% -57.14% -170.0% -88.51% 1640.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

No data

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Pretax Income $601.0M $609.0M $740.0M $456.0M -$447.0M $267.0M $442.0M -$2.000M $41.00M -$75.00M -$329.0M -$225.0M -$84.00M -$176.0M -$104.0M -$54.00M $19.00M $41.00M $107.0M -$114.0M -$223.0M -$1.317B -$1.570B
YoY Change -1.31% -17.7% 62.28% -202.01% -267.42% -39.59% -22200.0% -104.88% -154.67% -77.2% 46.22% 167.86% -52.27% 69.23% 92.59% -384.21% -53.66% -61.68% -193.86% -48.88% -83.07% -16.11%
Income Tax $123.0M $170.0M $185.0M $149.0M $23.00M $9.000M $130.0M -$151.0M $11.00M $13.00M -$26.00M -$31.00M $1.000M $30.00M $41.00M $50.00M $49.00M $49.00M $47.00M $55.00M $47.00M $36.00M -$340.0M
% Of Pretax Income 20.47% 27.91% 25.0% 32.68% 3.37% 29.41% 26.83% 257.89% 119.51% 43.93%
Net Earnings $435.0M $430.0M $551.0M $304.0M -$475.0M $256.0M $307.0M $143.0M $25.00M -$91.00M -$308.0M -$198.0M -$112.0M -$205.0M -$143.0M -$100.0M -$56.00M -$21.00M $60.00M -$169.0M -$270.0M -$1.353B -$6.026B
YoY Change 1.16% -21.96% 81.25% -164.0% -285.55% -16.61% 114.69% 472.0% -127.47% -70.45% 55.56% 76.79% -45.37% 43.36% 43.0% 78.57% 166.67% -135.0% -135.5% -37.41% -80.04% -77.55%
Net Earnings / Revenue 6.77% 7.12% 9.31% 5.73% -10.64% 5.72% 7.67% 4.0% 0.77% -3.07% -10.18% -6.9% -4.03% -7.15% -4.79% -3.12% -1.6% -0.62% 1.71% -4.83% -10.6% -40.08% -183.16%
Basic Earnings Per Share
Diluted Earnings Per Share $0.83 $0.82 $1.071M $592.0K -$931.4K $502.0K $602.0K $280.4K $49.02K -$178.4K -$603.9K -$388.2K -$955.2K -$669.3K -$377.6K -$143.6K $397.6K -$1.398M -$2.512M -$12.59M -$56.06M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Cash & Short-Term Investments $694.0M $641.0M $584.0M $499.0M $553.0M $619.0M $514.0M $647.0M $359.0M $246.0M $157.0M $155.0M $302.0M $154.0M $439.0M $384.0M $411.0M $333.0M $385.0M $288.0M $555.0M $144.0M
YoY Change 8.27% 9.76% 17.03% -9.76% -10.66% 20.43% -20.56% 80.22% 45.93% 56.69% 1.29% -48.68% 96.1% -64.92% 14.32% -6.57% 23.42% -13.51% 33.68% -48.11% 285.42%
Cash & Equivalents $694.0M $641.0M $584.0M $499.0M $553.0M $619.0M $514.0M $647.0M $359.0M $246.0M $157.0M $155.0M $302.0M $154.0M $439.0M $384.0M $411.0M $333.0M $367.0M $288.0M $555.0M $144.0M
Short-Term Investments $0.00 $18.00M $0.00
Other Short-Term Assets $595.0M $515.0M $463.0M $459.0M $275.0M $223.0M $173.0M $185.0M $179.0M $190.0M $203.0M $195.0M $211.0M $234.0M $251.0M $248.0M $242.0M $249.0M $271.0M $265.0M $347.0M $565.0M
YoY Change 15.53% 11.23% 0.87% 66.91% 23.32% 28.9% -6.49% 3.35% -5.79% -6.4% 4.1% -7.58% -9.83% -6.77% 1.21% 2.48% -2.81% -8.12% 2.26% -23.63% -38.58%
Inventory $99.00M $126.0M $108.0M $99.00M $79.00M $74.00M $42.00M $39.00M $41.00M $42.00M $39.00M $33.00M $28.00M $29.00M $37.00M $46.00M $57.00M $58.00M $59.00M $52.00M $65.00M $61.00M
Prepaid Expenses
Receivables $1.255B $1.120B $984.0M $839.0M $771.0M $775.0M $447.0M $404.0M $329.0M $349.0M $383.0M $511.0M $398.0M $385.0M $434.0M $550.0M $538.0M $555.0M $585.0M $637.0M $571.0M $736.0M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $2.643B $2.402B $2.139B $1.896B $1.678B $1.691B $1.176B $1.275B $908.0M $827.0M $782.0M $894.0M $939.0M $802.0M $1.161B $1.228B $1.248B $1.195B $1.300B $1.242B $1.538B $1.506B
YoY Change 10.03% 12.3% 12.82% 12.99% -0.77% 43.79% -7.76% 40.42% 9.79% 5.75% -12.53% -4.79% 17.08% -30.92% -5.46% -1.6% 4.44% -8.08% 4.67% -19.25% 2.12%
Property, Plant & Equipment $706.0M $703.0M $641.0M $632.0M $604.0M $300.0M $229.0M $213.0M $203.0M $220.0M $227.0M $180.0M $152.0M $182.0M $121.0M $100.0M $117.0M $133.0M $146.0M $157.0M $189.0M $221.0M
YoY Change 0.43% 9.67% 1.42% 4.64% 101.33% 31.0% 7.51% 4.93% -7.73% -3.08% 26.11% 18.42% -16.48% 50.41% 21.0% -14.53% -12.03% -8.9% -7.01% -16.93% -14.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $18.00M $155.0M $146.0M $25.00M $21.00M $8.000M $10.00M
YoY Change -88.39% 6.16% 484.0% 19.05% 162.5% -20.0%
Other Assets $1.274B $945.0M $744.0M $682.0M $490.0M $391.0M $242.0M $338.0M $280.0M $309.0M $280.0M $283.0M $206.0M $244.0M $253.0M $273.0M $282.0M $301.0M $309.0M $294.0M $340.0M $292.0M
YoY Change 34.81% 27.02% 9.09% 39.18% 25.32% 61.57% -28.4% 20.71% -9.39% 10.36% -1.06% 37.38% -15.57% -3.56% -7.33% -3.19% -6.31% -2.59% 5.1% -13.53% 16.44%
Total Long-Term Assets $6.512B $6.143B $5.689B $5.315B $4.732B $4.326B $4.168B $4.443B $4.427B $4.794B $5.172B $5.358B $4.339B $4.578B $2.650B $2.835B $3.278B $3.377B $3.220B $3.256B $3.552B $2.978B
YoY Change 6.01% 7.98% 7.04% 12.32% 9.39% 3.79% -6.19% 0.36% -7.66% -7.31% -3.47% 23.48% -5.22% 72.75% -6.53% -13.51% -2.93% 4.88% -1.11% -8.33% 19.27%
Total Assets $9.155B $8.545B $7.828B $7.211B $6.410B $6.017B $5.344B $5.718B $5.335B $5.621B $5.954B $6.252B $5.278B $5.380B $3.811B $4.063B $4.526B $4.572B $4.520B $4.498B $5.090B $4.484B
YoY Change
Accounts Payable $289.0M $300.0M $268.0M $302.0M $264.0M $260.0M $281.0M $208.0M $204.0M $173.0M $215.0M $280.0M $156.0M $165.0M $206.0M $212.0M $219.0M $225.0M $209.0M $247.0M $226.0M $285.0M
YoY Change -3.67% 11.94% -11.26% 14.39% 1.54% -7.47% 35.1% 1.96% 17.92% -19.53% -23.21% 79.49% -5.45% -19.9% -2.83% -3.2% -2.67% 7.66% -15.38% 9.29% -20.7%
Accrued Expenses $3.252B $2.811B $2.432B $2.398B $2.079B $2.093B $1.850B $1.669B $1.439B $1.441B $1.435B $1.543B $1.344B $1.246B $1.407B $1.524B $1.501B $1.226B $1.142B $1.057B $1.003B $959.0M
YoY Change 15.69% 15.58% 1.42% 15.34% -0.67% 13.14% 10.84% 15.98% -0.14% 0.42% -7.0% 14.81% 7.87% -11.44% -7.68% 1.53% 22.43% 7.36% 8.04% 5.38% 4.59%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $342.0M $0.00
YoY Change -100.0%
Long-Term Debt Due $13.00M $13.00M $13.00M $17.00M $17.00M $17.00M $17.00M $12.00M $0.00
YoY Change 0.0% 0.0% 0.0% 0.0% 0.0% 41.67%
Total Short-Term Liabilities $3.897B $3.539B $3.368B $3.150B $2.720B $2.819B $2.373B $2.100B $1.842B $1.857B $1.885B $2.000B $1.606B $1.522B $1.753B $1.872B $1.871B $1.882B $1.799B $1.748B $2.180B $1.645B
YoY Change 10.12% 5.08% 6.92% 15.81% -3.51% 18.79% 13.0% 14.01% -0.81% -1.49% -5.75% 24.53% 5.52% -13.18% -6.36% 0.05% -0.58% 4.61% 2.92% -19.82% 32.52%
Long-Term Debt $4.014B $3.964B $3.732B $3.346B $3.104B $2.974B $2.819B $2.811B $2.778B $2.981B $3.017B $2.854B $2.206B $2.217B $1.945B $1.939B $2.242B $2.256B $2.239B $2.229B $1.828B $120.0M
YoY Change 1.26% 6.22% 11.54% 7.8% 4.37% 5.5% 0.28% 1.19% -6.81% -1.19% 5.71% 29.37% -0.5% 13.98% 0.31% -13.51% -0.62% 0.76% 0.45% 21.94% 1423.33%
Other Long-Term Liabilities $374.0M $396.0M $340.0M $462.0M $468.0M $321.0M $307.0M $309.0M $236.0M $242.0M $279.0M $216.0M $147.0M $148.0M $155.0M $172.0M $194.0M $226.0M $227.0M $231.0M $333.0M $180.0M
YoY Change -5.56% 16.47% -26.41% -1.28% 45.79% 4.56% -0.65% 30.93% -2.48% -13.26% 29.17% 46.94% -0.68% -4.52% -9.88% -11.34% -14.16% -0.44% -1.73% -30.63% 85.0%
Total Long-Term Liabilities $4.388B $4.360B $4.072B $3.808B $3.572B $3.295B $3.126B $3.120B $3.014B $3.223B $3.296B $3.070B $2.353B $2.365B $2.100B $2.111B $2.436B $2.482B $2.466B $2.460B $2.161B $300.0M
YoY Change 0.64% 7.07% 6.93% 6.61% 8.41% 5.41% 0.19% 3.52% -6.48% -2.21% 7.36% 30.47% -0.51% 12.62% -0.52% -13.34% -1.85% 0.65% 0.24% 13.84% 620.33%
Total Liabilities $8.637B $8.238B $7.676B $7.180B $6.473B $6.306B $5.678B $5.425B $5.140B $5.400B $5.583B $5.526B $4.351B $4.315B $4.076B $4.206B $4.612B $4.608B $4.462B $4.409B $4.810B $2.897B
YoY Change 4.84% 7.32% 6.91% 10.92% 2.65% 11.06% 4.66% 5.54% -4.81% -3.28% 1.03% 27.01% 0.83% 5.86% -3.09% -8.8% 0.09% 3.27% 1.2% -8.34% 66.03%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

No data

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

Stock Price

Market Cap: $16.545 Billion

About Warner Music Group Corp.

Warner Music Group Corp. engages in the publishing and recording of music. The company is headquartered in New York City, New York and currently employs 5,900 full-time employees. The company went IPO on 2020-06-03. The firm brings together artists, songwriters, entrepreneurs, and technology that are moving entertainment culture across the globe. Its record labels include Atlantic Records, Warner Records, Elektra Records, Parlophone Records, and Cloud 9 Recordings. Its recorded music segment includes labels, such as 10K Projects, 300 Entertainment, Asylum, Atlantic, Big Beat, Elektra, Erato, First Night, Fueled By Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin', Warner Records, Warner Classics, and Warner Music Nashville. Its music publishing arm, Warner Chappell Music, has a catalog of over one million copyrights spanning every musical genre. The company is also home to the Alternative Distribution Alliance (ADA), which supports the independent community, as well as artist services division WMX. In addition, it counts film and television storytelling powerhouse, Warner Music Entertainment, among its many brands.

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