Universal Music Group N.V. (AMS:UMG)

Universal Music Group Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	485	451	553	413	439	585
Short-Term Investments	65	43	27	91	-	-
Cash & Short-Term Investments	550	494	580	504	439	585
Cash Growth	4.76%	-14.83%	15.08%	14.81%	-24.96%	-48.77%
Accounts Receivable	3,013	2,299	2,244	1,986	1,765	1,598
Other Receivables	76	373	283	296	253	208
Receivables	3,089	2,672	2,527	2,282	2,018	1,806
Inventory	273	263	255	210	163	99
Other Current Assets	1,439	1,146	1,211	1,060	984	844
Total Current Assets	5,351	4,575	4,573	4,056	3,604	3,334
Property, Plant & Equipment	1,108	721	688	493	485	555
Long-Term Investments	3,446	4,438	3,823	1,658	846	1,701
Goodwill	2,403	1,754	1,895	1,624	1,578	1,480
Other Intangible Assets	542	262	232	180	119	96
Long-Term Deferred Tax Assets	563	657	625	479	348	404
Long-Term Deferred Charges	3,017	3,050	3,393	3,020	3,058	2,982
Other Long-Term Assets	1,948	1,999	2,091	1,581	1,601	1,542
Total Assets	18,378	17,456	17,320	13,091	11,639	12,094

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	6,579	174	168	118	139	146
Accrued Expenses	-	4,877	4,766	4,346	3,937	3,420
Short-Term Debt	1,261	458	754	223	930	13
Current Portion of Long-Term Debt	553	91	119	55	207	305
Current Portion of Leases	83	81	66	86	77	80
Current Income Taxes Payable	170	168	96	70	53	39
Current Unearned Revenue	-	396	412	408	377	388
Other Current Liabilities	173	961	1,243	961	800	1,001
Total Current Liabilities	8,819	7,206	7,624	6,267	6,520	5,392
Long-Term Debt	2,804	2,297	1,778	1,826	1,113	2,277
Long-Term Leases	855	480	475	324	346	421
Pension & Post-Retirement Benefits	-	150	163	153	152	205
Long-Term Deferred Tax Liabilities	1,014	1,214	1,170	676	580	850
Other Long-Term Liabilities	1,238	1,541	1,559	862	576	919
Total Liabilities	14,730	12,888	12,769	10,108	9,287	10,064

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	18,385	18,342	18,293	18,217	18,135	18,134
Additional Paid-In Capital	15,170	15,094	15,041	14,994	14,935	14,941
Retained Earnings	-29,184	-28,888	-28,803	-30,244	-30,714	-31,033
Treasury Stock	-745	-5	-5	-5	-5	-12
Total Common Equity	3,626	4,543	4,526	2,962	2,351	2,030
Minority Interest	22	25	25	21	1	-
Shareholders' Equity	3,648	4,568	4,551	2,983	2,352	2,030
Total Liabilities & Equity	18,378	17,456	17,320	13,091	11,639	12,094

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	5,556	3,407	3,192	2,514	2,673	3,096
Net Cash (Debt)	-5,006	-2,913	-2,612	-2,010	-2,234	-2,511
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.71	-1.57	-1.41	-1.09	-1.23	-1.38
Filing Date Shares Outstanding	1,813	1,834	1,829	1,821	1,813	1,813
Total Common Shares Outstanding	1,813	1,834	1,829	1,821	1,813	1,813
Working Capital	-3,468	-2,631	-3,051	-2,211	-2,916	-2,058
Book Value Per Share	2.00	2.48	2.47	1.63	1.30	1.12
Tangible Book Value	681	2,527	2,399	1,158	654	454
Tangible Book Value Per Share	0.38	1.38	1.31	0.64	0.36	0.25
Land	-	262	272	242	241	234
Machinery	-	148	125	122	119	111
Construction In Progress	-	36	45	24	20	9

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 20, 2026

Data Sources Report a data error