Warner Music Group Past Earnings Performance
Past criteria checks 2/6
Warner Music Group has been growing earnings at an average annual rate of 35.2%, while the Entertainment industry saw earnings growing at 15.7% 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 Growth | 30.3% |
| Revenue growth rate | 8.5% |
| Return on equity | 70.8% |
| Net Margin | 6.7% |
| Last Earnings Update | 30 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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 6,426 | 429 | 1,803 | 0 |
| 30 Jun 24 | 6,382 | 539 | 1,804 | 0 |
| 31 Mar 24 | 6,392 | 522 | 1,804 | 0 |
| 31 Dec 23 | 6,297 | 461 | 1,822 | 0 |
| 30 Sep 23 | 6,037 | 424 | 1,740 | 0 |
| 30 Jun 23 | 5,948 | 420 | 1,777 | 0 |
| 31 Mar 23 | 5,816 | 423 | 1,787 | 0 |
| 31 Dec 22 | 5,793 | 479 | 1,802 | 0 |
| 30 Sep 22 | 5,919 | 544 | 1,816 | 0 |
| 30 Jun 22 | 5,798 | 426 | 1,860 | 0 |
| 31 Mar 22 | 5,706 | 363 | 1,809 | 0 |
| 31 Dec 21 | 5,580 | 389 | 1,820 | 0 |
| 30 Sep 21 | 5,301 | 300 | 1,721 | 0 |
| 30 Jun 21 | 5,051 | 270 | 1,514 | 0 |
| 31 Mar 21 | 4,721 | -310 | 1,980 | 0 |
| 31 Dec 20 | 4,542 | -500 | 2,066 | 0 |
| 30 Sep 20 | 4,463 | -476 | 2,053 | 0 |
| 30 Jun 20 | 4,461 | -384 | 2,157 | 0 |
| 31 Mar 20 | 4,509 | 149 | 1,660 | 0 |
| 31 Dec 19 | 4,528 | 290 | 1,476 | 0 |
| 30 Sep 19 | 4,475 | 256 | 1,510 | 0 |
| 30 Jun 19 | 4,390 | 152 | 1,422 | 0 |
| 31 Mar 19 | 4,290 | 459 | 1,393 | 0 |
| 31 Dec 18 | 4,163 | 389 | 1,376 | 0 |
| 30 Sep 18 | 4,005 | 307 | 1,411 | 0 |
| 30 Jun 18 | 3,883 | 282 | 1,381 | 0 |
| 31 Mar 18 | 3,842 | 103 | 1,334 | 0 |
| 31 Dec 17 | 3,704 | 125 | 1,279 | 0 |
| 30 Sep 17 | 3,576 | 143 | 1,222 | 0 |
| 30 Jun 17 | 3,500 | 178 | 1,155 | 0 |
| 31 Mar 17 | 3,394 | 28 | 1,114 | 0 |
| 31 Dec 16 | 3,314 | 20 | 1,088 | 0 |
| 30 Sep 16 | 3,246 | 25 | 1,088 | 0 |
| 30 Jun 16 | 3,155 | 6 | 1,054 | 0 |
| 31 Mar 16 | 3,054 | -29 | 1,050 | 0 |
| 31 Dec 15 | 2,986 | -22 | 1,046 | 0 |
| 30 Sep 15 | 2,966 | -91 | 1,059 | 0 |
| 30 Jun 15 | 2,987 | -94 | 1,065 | 0 |
| 31 Mar 15 | 3,065 | -235 | 1,100 | 0 |
| 31 Dec 14 | 3,041 | -313 | 1,089 | 0 |
| 30 Sep 14 | 3,027 | -308 | 1,069 | 0 |
| 30 Jun 14 | 3,020 | -339 | 1,083 | 0 |
| 31 Mar 14 | 2,895 | -217 | 1,022 | 0 |
| 31 Dec 13 | 2,917 | -155 | 1,017 | 0 |
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%) exceeded the Entertainment industry -9.1%.
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.