Warner Music Group Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2012
Revenue	6,037	5,919	5,301	4,463	4,475	4,005	3,576	3,246	2,966	3,027	Upgrade
Revenue Growth (YoY)	1.99%	11.66%	18.78%	-0.27%	11.74%	12.00%	10.17%	9.44%	-2.02%	5.43%	Upgrade
Cost of Revenue	3,177	3,080	2,742	2,333	2,401	2,171	1,931	1,707	1,511	1,570	Upgrade
Gross Profit	2,860	2,839	2,559	2,130	2,074	1,834	1,645	1,539	1,455	1,457	Upgrade
Selling, General & Admin	1,826	1,862	1,721	2,169	1,510	1,411	1,222	1,082	1,073	1,172	Upgrade
Other Operating Expenses	285	263	229	190	208	206	201	243	255	266	Upgrade
Operating Expenses	2,111	2,125	1,950	2,359	1,718	1,617	1,423	1,325	1,328	1,438	Upgrade
Operating Income	749	714	609	-229	356	217	222	214	127	19	Upgrade
Interest Expense / Income	141	125	122	127	142	138	149	173	181	203	Upgrade
Other Expense / Income	8	-147	34	96	-51	-358	81	5	24	150	Upgrade
Pretax Income	600	736	453	-452	265	437	-8	36	-78	-334	Upgrade
Income Tax	170	185	149	23	9	130	-151	11	13	-26	Upgrade
Net Income	430	551	304	-475	256	307	143	25	-91	-308	Upgrade
Net Income Growth	-21.96%	81.25%	-	-	-16.61%	114.69%	472.00%	-	-	-	Upgrade
Shares Outstanding (Basic)	516	515	513	505	502	503	503	503	503	503	Upgrade
Shares Outstanding (Diluted)	516	515	513	505	502	503	503	-	-	-	Upgrade
Shares Change	0.20%	0.24%	1.77%	0.50%	-0.13%	-0.15%	-0.02%	-	-	-	Upgrade
EPS (Basic)	0.82	1.06	0.58	-0.95	0.51	0.61	0.29	-	-	-	Upgrade
EPS (Diluted)	0.82	1.06	0.58	-0.95	0.51	0.61	0.29	-	-	-	Upgrade
EPS Growth	-22.64%	82.76%	-	-	-16.39%	110.34%	-	-	-	-	Upgrade
Free Cash Flow	560	607	545	378	296	351	491	300	159	54	Upgrade
Free Cash Flow Per Share	1.09	1.18	1.06	0.75	0.59	0.70	0.97	0.60	0.32	0.11	Upgrade
Dividend Per Share	0.650	0.610	0.510	0.120	-	-	-	-	-	-	Upgrade
Dividend Growth	6.56%	19.61%	325.00%	-	-	-	-	-	-	-	Upgrade
Gross Margin	47.37%	47.96%	48.27%	47.73%	46.35%	45.79%	46.00%	47.41%	49.06%	48.13%	Upgrade
Operating Margin	12.41%	12.06%	11.49%	-5.13%	7.96%	5.42%	6.21%	6.59%	4.28%	0.63%	Upgrade
Profit Margin	7.12%	9.31%	5.73%	-10.64%	5.72%	7.67%	4.00%	0.77%	-3.07%	-10.18%	Upgrade
Free Cash Flow Margin	9.28%	10.26%	10.28%	8.47%	6.61%	8.76%	13.73%	9.24%	5.36%	1.78%	Upgrade
Effective Tax Rate	28.33%	25.14%	32.89%	-	3.40%	29.75%	-	30.56%	-	-	Upgrade
EBITDA	1,073	1,200	881	-64	676	836	392	502	412	190	Upgrade
EBITDA Margin	17.77%	20.27%	16.62%	-1.43%	15.11%	20.87%	10.96%	15.47%	13.89%	6.28%	Upgrade
Depreciation & Amortization	332	339	306	261	269	261	251	293	309	321	Upgrade
EBIT	741	861	575	-325	407	575	141	209	103	-131	Upgrade
EBIT Margin	12.27%	14.55%	10.85%	-7.28%	9.09%	14.36%	3.94%	6.44%	3.47%	-4.33%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).