Universal Music Group Revenue

Universal Music Group had revenue of 5.53B EUR in the half year ending June 30, 2024, with 16.73% growth. This brings the company's revenue in the last twelve months to 11.49B, up 6.81% year-over-year. In the year 2023, Universal Music Group had annual revenue of 11.11B with 7.43% growth.

Revenue (ttm)

11.49B

Revenue Growth

+6.81%

P/S Ratio

3.92

Revenue / Employee

1.13M

Employees

10,290

Market Cap

45.12B

Revenue Chart

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2023	11.11B	768.00M	7.43%
Dec 31, 2022	10.34B	1.84B	21.59%
Dec 31, 2021	8.50B	1.07B	14.42%
Dec 31, 2020	7.43B	273.00M	3.81%
Dec 31, 2019	7.16B	1.14B	18.86%
Jan 1, 2019	Pro	Pro	Pro

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition

Universal Music Group News

6 days ago - Drake sues his own record label for defamation over Kendrick Lamar diss track - Sky News
6 days ago - Ackmans Pershing Square Moves to Kick Off Universal Music U.S. Listing Plan - The Wall Street Journal
6 days ago - Ackman's Pershing Square requests UMG to move secondary listing to US - Reuters
6 days ago - Drake sues Universal Music Group, his own label, amid Kendrick Lamar diss track feud - Business Insider
6 days ago - Drake processa Universal Music Group e a culpa foi... de Kendrick Lamar - Notícias ao Minuto
6 days ago - Drake Sues UMG for Defamation in Kendrick Lamar Song - BNN Bloomberg
6 days ago - Statement from Universal Music Group N.V. - PRNewsWire
6 days ago - Drake files federal lawsuit against UMG for defamation over promotion of Kendrick Lamar’s 'Not Like Us' - NBC News

More News