Warner Music Group Corp. (WMG) Earnings History
Annual and quarterly earnings data from 2002 to 2025
Loading earnings history...
EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 45.8% | 10.3% | 5.4% |
| 2024 | 47.8% | 12.8% | 6.8% |
| 2023 | 47.4% | 13.1% | 7.1% |
| 2022 | 48.0% | 12.1% | 9.3% |
| 2021 | 48.3% | 11.5% | 5.7% |
Download Data
Export WMG earnings history in CSV or JSON format
Free sign-in required to download data
Warner Music Group Corp. (WMG) Earnings Overview
As of March 2, 2026, Warner Music Group Corp. (WMG) reported trailing twelve-month net income of $305M, reflecting -0.2% year-over-year growth. The company earned $0.59 per diluted share over the past four quarters, with a net profit margin of 0.1%.
Looking at the long-term picture, WMG's historical earnings data spans multiple years. The company achieved its highest annual net income of $551M in fiscal 2022.
Warner Music Group Corp. maintains positive profitability with a gross margin of 0.5%, operating margin of 0.1%, and net margin of 0.1%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including SIRI ($805M net income, 0.1% margin), RSVR ($7M net income, 0.0% margin), LVO (-$24M net income, -0.2% margin), WMG has room to improve margins relative to the peer group. Compare WMG vs SIRI →
Peer Comparison
Earnings metrics vs industry competitors
| Company | TTM Net Income | TTM EPS | Net Margin | ROE | YoY Growth | Compare |
|---|---|---|---|---|---|---|
WMGCurrent | $305M | $0.59 | 0.1% | 0.5% | -0.2% | — |
SIRI | $805M | $2.26 | 0.1% | 0.1% | +1.5% | |
RSVR | $7M | $0.10 | 0.0% | 0.0% | - | |
LVO | -$24M | $-2.06 | -0.2% | - | -0.3% | |
ANGH | -$6M | $-1.23 | -0.8% | -2.9% | -2.7% |
Historical Data
24 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $365M | -16.1% | $694M | $0.70 | 5.4% | 10.3% |
| 2024 | $435M | +1.2% | $823M | $0.84 | 6.8% | 12.8% |
| 2023 | $430M | -22.0% | $790M | $0.82 | 7.1% | 13.1% |
| 2022 | $551M | +81.3% | $714M | $1.06 | 9.3% | 12.1% |
| 2021 | $304M | +164.0% | $609M | $0.58 | 5.7% | 11.5% |
| 2020 | -$475M | -285.5% | -$229M | $-0.93 | -10.6% | -5.1% |
| 2019 | $256M | -16.6% | $356M | $0.50 | 5.7% | 8.0% |
| 2018 | $307M | +114.7% | $217M | $0.62 | 7.7% | 5.4% |
| 2017 | $143M | +472.0% | $222M | $0.28 | 4.0% | 6.2% |
| 2016 | $25M | +127.5% | $214M | $0.05 | 0.8% | 6.6% |
See WMG's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs WMG Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare WMG vs NFLX
See how WMG stacks up against sector leader Netflix, Inc..
Start ComparisonFrequently Asked Questions
Is WMG growing earnings?
WMG EPS of $0.59 reflects slowing growth at -0.2%, below the 5-year CAGR of N/A. TTM net income is $305M. Expansion rate has moderated.
What are WMG's profit margins?
Warner Music Group Corp. net margin is +0.1%, with operating margin at +0.1%. Below-average margins reflect competitive or cost pressures.
How consistent are WMG's earnings?
WMG earnings data spans 2002-2025. The current earnings trend is -0.2% YoY. Historical data enables comparison across business cycles.