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Adjusted OIBDA by Segment
Reveals the operating income before depreciation and amortization for each segment, providing insight into operational efficiency and profitability.Warner Music Group's Adjusted OIBDA for Recorded Music shows a strong recovery from 2020 lows, with a notable upward trend continuing into 2025. This aligns with the company's strategic focus on streaming growth and market share gains, as highlighted in their earnings call. Music Publishing also exhibits steady growth, reflecting broad-based revenue increases. However, corporate expenses remain a drag, though they have stabilized. The company's strategic reorganization and cost-saving initiatives are expected to bolster margins further, despite challenges in physical and ad-supported streaming revenues.
Date | Recorded Music | Music Publishing | Corporate |
|---|---|---|---|
Jun 30, 2025 | $321.00M | $96.00M | -$44.00M |
Mar 31, 2025 | $270.00M | $85.00M | -$52.00M |
Dec 31, 2024 | $323.00M | $83.00M | -$43.00M |
Sep 30, 2024 | $317.00M | $83.00M | -$47.00M |
Jun 30, 2024 | $281.00M | $79.00M | -$44.00M |
Mar 31, 2024 | $272.00M | $82.00M | -$42.00M |
Dec 31, 2023 | $412.00M | $86.00M | -$47.00M |
Sep 30, 2023 | $279.00M | $73.00M | -$61.00M |
Jun 30, 2023 | $261.00M | $73.00M | -$59.00M |
Mar 31, 2023 | $203.00M | $75.00M | -$71.00M |