Warner Music Group (WMG) Operating Margin: History & Chart

Warner Music Group Corp.(WMG)

Entertainment · New York City, NY

$27.65+0.02 (+0.05%)

Delayed quote: Oct 6, 2026, 3:35 PM EDT

About Warner Music Group Corp.

Warner Music Group Corp. (WMG), established in 1929 and based in New York City, functions as a prominent global entertainment enterprise primarily focused on music. Its operations span the United States, the United Kingdom, Germany, and numerous other international markets. The company's activities are organized into two distinct divisions: Recorded Music and Music Publishing. The Recorded Music division is dedicated to identifying and cultivating emerging musical talent. It handles the subsequent marketing, promotional campaigns, distribution logistics, sales, and licensing of the recordings produced by these artists. This segment also actively markets its vast catalog of existing music, issuing compilations, re-releases of classic tracks and videos, and previously unreleased material. Its operations are chiefly conducted through a diverse portfolio of renowned record labels, including but not limited to Warner Records, Atlantic Records, Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. Music and video products are distributed and sold by this division to a wide array of channels, encompassing direct retailers, wholesale distributors, independent labels, various distribution centers and joint ventures, physical retail locations, online stores, streaming platforms, and digital download services. The Music Publishing division is responsible for owning and acquiring the intellectual property rights to approximately one million musical compositions. This extensive collection includes iconic pop hits, American classics, folk melodies, and scores for motion pictures and theatrical productions. Its comprehensive catalog represents the work of roughly 100,000 songwriters and composers, covering an expansive spectrum of musical styles such as pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. Furthermore, this segment provides administrative services for the musical scores and soundtracks associated with various external television and film production companies and studios.

New York City, NY

5,500 employees

www.wmg.com

Communication Services / Entertainment

Sector: Communication Services
Industry: Entertainment
CEO: Robert Kyncl

View full financials

WMG Operating Margin Metrics

OPERATING MARGIN

14.31%

OPERATING MARGIN AVG TTM

13.48%

OPERATING MARGIN AVG 3Y

12.87%

OPERATING MARGIN AVG 5Y

12.44%

OPERATING MARGIN AVG 10Y

10.24%

OPERATING MARGIN AVG 15Y

7.56%

OPERATING MARGIN AVG 20Y

6.81%

CURRENT VS TTM AVG

+6.18%

CURRENT VS 3Y AVG

+11.19%

CURRENT VS 5Y AVG

+15.01%

CURRENT VS 10Y AVG

+39.72%

CURRENT VS 15Y AVG

+89.28%

CURRENT VS 20Y AVG

+110.18%

SECTOR MEDIAN · COMMUNICATION SERVICES

2.33%

median of 150 covered companies

CURRENT VS SECTOR MEDIAN

+515.48%

vs the sector median at left

NAME	MARKET CAP	OPERATING MARGIN	TTM	3Y	5Y
Warner Music Group Corp. (WMG)	$14.43B	14.31%	13.48%	12.87%	12.44%
Charter Communications, Inc. (CHTR)vs ›	$14.73B	23.67%	24.18%	23.48%	22.09%
Millicom International Cellular S.A. (TIGO)vs ›	$15.20B	24.02%	25.65%	20.30%	16.07%
TKO Group Holdings, Inc. (TKO)vs ›	$13.19B	19.95%	23.97%	32.69%	29.26%
EchoStar Corporation (ECHO)vs ›	$15.88B	7.17%	-1.26%	1.96%	5.17%
News Corporation (NWSA)vs ›	$15.91B	11.40%	11.36%	10.21%	9.44%
Pinterest, Inc. (PINS)vs ›	$12.59B	5.96%	6.25%	1.19%	1.50%
News Corporation (NWS)vs ›	$17.17B	11.40%	14.07%	14.15%	14.42%
Globalstar, Inc. (GSAT)vs ›	$10.74B	4.79%	2.50%	-35.98%	-40.45%
Paramount Skydance Corporation Class B Common Stock (PSKY)vs ›	$10.63B	-18.45%	-6.27%	-4.69%	-4.69%

NAME

MARKET CAP

OPERATING MARGIN

TTM

Warner Music Group Corp. (WMG)

$14.43B

14.31%

13.48%

12.87%

12.44%

Charter Communications, Inc. (CHTR)vs ›

$14.73B

23.67%

24.18%

23.48%

22.09%

Millicom International Cellular S.A. (TIGO)vs ›

$15.20B

24.02%

25.65%

20.30%

16.07%

TKO Group Holdings, Inc. (TKO)vs ›

$13.19B

19.95%

23.97%

32.69%

29.26%

EchoStar Corporation (ECHO)vs ›

$15.88B

7.17%

-1.26%

1.96%

5.17%

News Corporation (NWSA)vs ›

$15.91B

11.40%

11.36%

10.21%

9.44%

Pinterest, Inc. (PINS)vs ›

$12.59B

5.96%

6.25%

1.19%

1.50%

News Corporation (NWS)vs ›

$17.17B

11.40%

14.07%

14.15%

14.42%

Globalstar, Inc. (GSAT)vs ›

$10.74B

4.79%

2.50%

-35.98%

-40.45%

Paramount Skydance Corporation Class B Common Stock (PSKY)vs ›

$10.63B

-18.45%

-6.27%

-4.69%

Operating Margin FAQ

What is the operating margin for Warner Music Group Corp. (WMG)?

The operating margin for WMG stock is 14.31%.

Is Warner Music Group Corp.'s operating margin high or low?

The operating margin of 14.31% is 15% above its 5-year average of 12.44%, around the middle of its 5-year range (7.27%–20.25%).

What is the TTM average operating margin for Warner Music Group Corp. (WMG)?

The TTM average operating margin for WMG stock is 13.48%.

What is the 3Y average operating margin for Warner Music Group Corp. (WMG)?

The 3Y average operating margin for WMG stock is 12.87%.

What is the 5Y average operating margin for Warner Music Group Corp. (WMG)?

The 5Y average operating margin for WMG stock is 12.44%.

What is the 10Y average operating margin for Warner Music Group Corp. (WMG)?

The 10Y average operating margin for WMG stock is 10.24%.

What is the 15Y average operating margin for Warner Music Group Corp. (WMG)?

The 15Y average operating margin for WMG stock is 7.56%.

What is the 20Y average operating margin for Warner Music Group Corp. (WMG)?

The 20Y average operating margin for WMG stock is 6.81%.

DATE	OPERATING MARGIN
2026-06-30	16.36%
2026-03-31	15.59%
2025-12-31	17.77%
2025-09-30	7.66%
2025-06-30	10.01%
2025-03-31	11.32%
2024-12-31	12.85%
2024-09-30	8.77%
2024-06-30	13.32%
2024-03-31	7.97%
2023-12-31	20.25%
2023-09-30	13.37%
2023-06-30	12.08%
2023-03-31	8.86%
2022-12-31	17.81%
2022-09-30	10.89%
2022-06-30	10.20%
2022-03-31	12.06%
2021-12-31	14.81%
2021-09-30	7.27%
2021-06-30	12.09%
2021-03-31	12.08%
2020-12-31	14.68%
2020-09-30	7.82%
2020-06-30	-42.87%
2020-03-31	-4.58%
2019-12-31	13.14%
2019-09-30	2.58%
2019-06-30	5.48%
2019-03-31	11.19%
2018-12-31	12.22%
2018-09-30	1.54%
2018-06-30	2.92%
2018-03-31	8.62%
2017-12-31	8.61%
2017-09-30	-0.11%
2017-06-30	5.56%
2017-03-31	9.45%
2016-12-31	10.25%
2016-09-30	6.54%
2016-06-30	5.55%
2016-03-31	6.98%
2015-12-31	7.30%
2015-09-30	4.93%
2015-06-30	3.24%
2015-03-31	6.50%
2014-12-31	2.77%
2014-09-30	3.11%
2014-06-30	-1.90%
2014-03-31	-0.77%
2013-12-31	1.84%
2013-09-30	-5.37%
2013-06-30	1.21%
2013-03-31	8.44%
2012-12-31	6.63%
2012-09-30	5.70%
2012-06-30	1.08%
2012-03-31	3.53%
2011-12-31	5.03%
2011-09-30	-2.97%
2011-06-30	1.46%
2011-03-31	2.35%
2010-12-31	3.42%
2010-09-30	2.66%
2010-06-30	-0.15%
2010-03-31	3.63%
2009-12-31	5.12%
2009-09-30	6.27%
2009-06-30	3.23%
2009-03-31	2.24%
2008-12-31	4.67%
2008-09-30	7.73%
2008-06-30	6.01%
2008-03-31	3.50%
2007-12-31	4.45%
2007-09-30	8.17%
2007-06-30	5.60%
2007-03-31	2.42%
2006-12-31	8.62%
2006-09-30	7.73%
2006-06-30	3.41%
2006-03-31	5.65%
2005-12-31	13.79%
2005-09-30	2.10%
2005-06-30	-12.40%
2005-03-31	3.52%
2004-12-31	11.95%

DATE

OPERATING MARGIN

2026-06-30

16.36%

2026-03-31

15.59%

2025-12-31

17.77%

2025-09-30

7.66%

2025-06-30

10.01%

2025-03-31

11.32%

2024-12-31

12.85%

2024-09-30

8.77%

2024-06-30

13.32%

2024-03-31

7.97%

2023-12-31

20.25%

2023-09-30

13.37%

2023-06-30

12.08%

2023-03-31

8.86%

2022-12-31

17.81%

2022-09-30

10.89%

2022-06-30

10.20%

2022-03-31

12.06%

2021-12-31

14.81%

2021-09-30

7.27%

2021-06-30

12.09%

2021-03-31

12.08%

2020-12-31

14.68%

2020-09-30

7.82%

2020-06-30

-42.87%

2020-03-31

-4.58%

2019-12-31

13.14%

2019-09-30

2.58%

2019-06-30

5.48%

2019-03-31

11.19%

2018-12-31

12.22%

2018-09-30

1.54%

2018-06-30

2.92%

2018-03-31

8.62%

2017-12-31

8.61%

2017-09-30

-0.11%

2017-06-30

5.56%

2017-03-31

9.45%

2016-12-31

10.25%

2016-09-30

6.54%

2016-06-30

5.55%

2016-03-31

6.98%

2015-12-31

7.30%

2015-09-30

4.93%

2015-06-30

3.24%

2015-03-31

6.50%

2014-12-31

2.77%

2014-09-30

3.11%

2014-06-30

-1.90%

2014-03-31

-0.77%

2013-12-31

1.84%

2013-09-30

-5.37%

2013-06-30

1.21%

2013-03-31

8.44%

2012-12-31

6.63%

2012-09-30

5.70%

2012-06-30

1.08%

2012-03-31

3.53%

2011-12-31

5.03%

2011-09-30

-2.97%

2011-06-30

1.46%

2011-03-31

2.35%

2010-12-31

3.42%

2010-09-30

2.66%

2010-06-30

-0.15%

2010-03-31

3.63%

2009-12-31

5.12%

2009-09-30

6.27%

2009-06-30

3.23%

2009-03-31

2.24%

2008-12-31

4.67%

2008-09-30

7.73%

2008-06-30

6.01%

2008-03-31

3.50%

2007-12-31

4.45%

2007-09-30

8.17%

2007-06-30

5.60%

2007-03-31

2.42%

2006-12-31

8.62%

2006-09-30

7.73%

2006-06-30

3.41%

2006-03-31

5.65%

2005-12-31

13.79%

2005-09-30

2.10%

2005-06-30

-12.40%

2005-03-31

3.52%

2004-12-31

11.95%

Operating Margin: 14.31%

WMG Operating Margin

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WMG Operating Margin History

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