Company / Operating Margin
Warner Music Group Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
10.3%
FY2025
5-year range
-5.1% / 12.8%
FY2021-FY2025
Trend
-19.2%
vs FY2024
Sector context
#27 of 62
Communication Services
What the data says
At 10.3%, Warner Music Group's operating margin ranks #27 of 62 in the Communication Services sector. Operating Margin has fluctuated over the past 10 years, ranging from -5.1% in FY2022 to 12.8% in FY2024.
Based on SEC 10-K filings.
10.3% in FY2025 with a 5-year CAGR of +4.9%.
Declined from 11.5% to 10.3% over the past 2 years.
Communication Services sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +15.5pp
- 5-Year Change
- +4.9pp
- 10-Year Change
- -
Sector benchmark
#27 of 62 in Communication ServicesTop 44% of 62This company 10.3% Sector average 3.2%
▼
+226.6% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 19.2% year-over-year.
- Currently 7.2pp above the Communication Services sector average.
- Peak operating margin was recorded in FY2024.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.71 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 10.3% | -19.2% |
| FY2024 | 12.8% | +11.5% |
| FY2023 | 11.5% | +324.0% |
| FY2022 | -5.1% | -164.4% |
| FY2021 | 8.0% | +46.9% |
| FY2020 | 5.4% | -31.9% |
| FY2019 | 8.0% | +20.8% |
| FY2018 | 6.6% | +54.0% |
| FY2017 | 4.3% | -35.1% |
| FY2016 | 6.6% | +54.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026