Warner Music Group Corp.

BST:WA4 Stock Report

Market Cap: €15.3b

Warner Music Group Past Earnings Performance

Past criteria checks 1/6

Warner Music Group has been growing earnings at an average annual rate of 35.2%, while the Entertainment industry saw earnings growing at 13.2% annually. Revenues have been growing at an average rate of 8.5% per year. Warner Music Group's return on equity is 70.8%, and it has net margins of 6.7%.

Key information

35.2%

Earnings growth rate

35.0%

EPS growth rate

Entertainment Industry Growth30.3%
Revenue growth rate8.5%
Return on equity70.8%
Net Margin6.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Warner Music Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BST:WA4 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246,4264291,8030
30 Jun 246,3825391,8040
31 Mar 246,3925221,8040
31 Dec 236,2974611,8220
30 Sep 236,0374241,7400
30 Jun 235,9484201,7770
31 Mar 235,8164231,7870
31 Dec 225,7934791,8020
30 Sep 225,9195441,8160
30 Jun 225,7984261,8600
31 Mar 225,7063631,8090
31 Dec 215,5803891,8200
30 Sep 215,3013001,7210
30 Jun 215,0512701,5140
31 Mar 214,721-3101,9800
31 Dec 204,542-5002,0660
30 Sep 204,463-4762,0530
30 Jun 204,461-3842,1570
31 Mar 204,5091491,6600
31 Dec 194,5282901,4760
30 Sep 194,4752561,5100
30 Jun 194,3901521,4220
31 Mar 194,2904591,3930
31 Dec 184,1633891,3760
30 Sep 184,0053071,4110
30 Jun 183,8832821,3810
31 Mar 183,8421031,3340
31 Dec 173,7041251,2790
30 Sep 173,5761431,2220
30 Jun 173,5001781,1550
31 Mar 173,394281,1140
31 Dec 163,314201,0880
30 Sep 163,246251,0880
30 Jun 163,15561,0540
31 Mar 163,054-291,0500
31 Dec 152,986-221,0460
30 Sep 152,966-911,0590
30 Jun 152,987-941,0650
31 Mar 153,065-2351,1000
31 Dec 143,041-3131,0890
30 Sep 143,027-3081,0690
30 Jun 143,020-3391,0830
31 Mar 142,895-2171,0220
31 Dec 132,917-1551,0170

Quality Earnings: WA4 has a large one-off loss of $221.0M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: WA4's current net profit margins (6.7%) are lower than last year (7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: WA4's earnings have grown significantly by 35.2% per year over the past 5 years.

Accelerating Growth: WA4's earnings growth over the past year (1.2%) is below its 5-year average (35.2% per year).

Earnings vs Industry: WA4 earnings growth over the past year (1.2%) did not outperform the Entertainment industry 5.3%.

Return on Equity

High ROE: Whilst WA4's Return on Equity (70.81%) is outstanding, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 11:35
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Warner Music Group Corp. is covered by 34 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hamilton FaberAtlantic Equities LLP
Ishan MajumdarBaptista Research
Kannan VenkateshwarBarclays