Warner Music Group Corp.【WMG】Income statement

Market cap

$15.5B

P/E ratio

	2012/09	2014/09	2015/09	2016/09	2017/09	2018/09	2019/09	2020/09	2021/09	2022/09	2023/09	2024/09
Revenue	2,780	3,027	2,966	3,246	3,576	4,005	4,475	4,463	5,301	5,919	6,037	6,426
Revenue growth (%)	-	-
Cost of revenue	1,459	1,570	1,511	1,707	1,931	2,171	2,401	2,333	2,742	3,080	3,177	3,355
Selling, general & administrative	1,019	1,172	1,073	1,082	1,222	1,411	1,510	2,169	1,721	1,862	1,826	1,879
Operating margin (%)
Operating income	109	19	127	214	222	217	356	-229	609	714	790	823
Operating expenses	2,671	3,008	2,839	3,032	3,354	3,788	4,119	4,692	4,692	5,205	5,288	5,635
Income before tax	-108	-329	-75	41	-2	442	267	-447	456	740	609	601
Pretax margin (%)	-3.9	-10.9	-2.5	1.3	-0.1	11	6	-10	8.6	12.5	10.1	9.4
Provision for income taxes	1	-26	13	11	-151	130	9	23	149	185	170	123
Effective tax rate (%)
Net income	-109	-303	-88	25	143	307	256	-475	304	551	430	435
Net income margin (%)
Dividend per share	-	-	-	-	-	-	-	-	0.51	0.61	0.65	0.69
EBITDA
EBITDA margin (%)