Warner Music Group Return on Equity (ROE) Growth & History (WMG)
Warner Music Group's return on equity was 62.66% for fiscal 2025.
View full Warner Music Group company overviewWarner Music Group annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-09-30 | 62.66% | −42.79 pp |
| 2024 | 2024-09-30 | 105.45% | −81.91 pp |
| 2023 | 2023-09-30 | 187.36% | −414.82 pp |
| 2022 | 2022-09-30 | 602.19% | — |
| 2017 | 2017-09-30 | 58.61% | +46.59 pp |
| 2016 | 2016-09-30 | 12.02% | +42.76 pp |
| 2015 | 2015-09-30 | −30.74% | +25.41 pp |
| 2014 | 2014-09-30 | −56.15% | −32.20 pp |
| 2013 | 2013-09-30 | −23.96% | +9.88 pp |
| 2012 | 2012-09-30 | −33.84% | — |
Warner Music Group quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-06-30 | 25.63% | +28.40 pp |
| Q2 2026 | 2026-03-31 | 25.10% | +18.63 pp |
| Q1 2026 | 2025-12-31 | 25.75% | −18.65 pp |
| Q4 2025 | 2025-09-30 | 17.64% | +9.45 pp |
| Q3 2025 | 2025-06-30 | −2.77% | −33.12 pp |
| Q2 2025 | 2025-03-31 | 6.47% | −14.95 pp |
| Q1 2025 | 2024-12-31 | 44.40% | +3.10 pp |
| Q4 2024 | 2024-09-30 | 8.19% | −43.51 pp |
| Q3 2024 | 2024-06-30 | 30.35% | −15.43 pp |
| Q2 2024 | 2024-03-31 | 21.43% | +8.40 pp |
| Q1 2024 | 2023-12-31 | 41.30% | −16.52 pp |
| Q4 2023 | 2023-09-30 | 51.70% | −44.40 pp |
| Q3 2023 | 2023-06-30 | 45.78% | −34.22 pp |
| Q2 2023 | 2023-03-31 | 13.03% | −46.91 pp |
| Q1 2023 | 2022-12-31 | 57.82% | −145.44 pp |
| Q4 2022 | 2022-09-30 | 96.10% | +46.10 pp |
| Q3 2022 | 2022-06-30 | 80.00% | −8.41 pp |
| Q2 2022 | 2022-03-31 | 59.93% | −260.61 pp |
| Q1 2022 | 2021-12-31 | 203.26% | — |
| Q4 2021 | 2021-09-30 | 50.00% | — |
| Q3 2021 | 2021-06-30 | 88.41% | — |
| Q2 2021 | 2021-03-31 | 320.55% | — |
| Q3 2018 | 2018-06-30 | 175.82% | +116.83 pp |
| Q2 2018 | 2018-03-31 | −1.21% | −14.13 pp |
| Q1 2018 | 2017-12-31 | 1.33% | −12.46 pp |
| Q4 2017 | 2017-09-30 | −12.98% | −11.04 pp |
| Q3 2017 | 2017-06-30 | 59.00% | +63.10 pp |
| Q2 2017 | 2017-03-31 | 12.93% | +7.97 pp |
| Q1 2017 | 2016-12-31 | 13.79% | +1.63 pp |
| Q4 2016 | 2016-09-30 | −1.94% | +7.75 pp |
| Q3 2016 | 2016-06-30 | −4.10% | +13.12 pp |
| Q2 2016 | 2016-03-31 | 4.95% | −1.57 pp |
| Q1 2016 | 2015-12-31 | 12.16% | +24.77 pp |
| Q4 2015 | 2015-09-30 | −9.68% | −3.29 pp |
| Q3 2015 | 2015-06-30 | −17.22% | +17.52 pp |
| Q2 2015 | 2015-03-31 | 6.52% | +15.72 pp |
| Q1 2015 | 2014-12-31 | −12.61% | −7.35 pp |
| Q4 2014 | 2014-09-30 | −6.40% | +1.19 pp |
| Q3 2014 | 2014-06-30 | −34.74% | −26.93 pp |
| Q2 2014 | 2014-03-31 | −9.20% | −9.44 pp |
| Q1 2014 | 2013-12-31 | −5.26% | +3.76 pp |
| Q4 2013 | 2013-09-30 | −7.59% | −5.67 pp |
| Q3 2013 | 2013-06-30 | −7.82% | −4.52 pp |
| Q2 2013 | 2013-03-31 | 0.24% | +3.80 pp |
| Q1 2013 | 2012-12-31 | −9.02% | −6.53 pp |
| Q4 2012 | 2012-09-30 | −1.92% | +6.60 pp |
| Q3 2012 | 2012-06-30 | −3.30% | — |
| Q2 2012 | 2012-03-31 | −3.56% | — |
| Q1 2012 | 2011-12-31 | −2.49% | — |
| Q3 2011 · Sep 30 | 2011-09-30 | −8.53% | — |
Warner Music Group return on equity trends
Between the periods ended 2012-09-30 and 2025-09-30, Warner Music Group's return on equity increased from −33.84% to 62.66%, a change of +96.50 percentage points. The latest reported quarter, Q3 2026, shows 25.63%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Warner Music Group source filings ↗