Warner Music Group Corp (WMG)
34.14
+0.92
(+2.77%)
USD |
NASDAQ |
May 03, 16:00
34.15
+0.01
(+0.03%)
After-Hours: 20:00
Warner Music Group Gross Profit Margin (Quarterly): 49.66% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 49.66% |
| September 30, 2023 | 46.72% |
| June 30, 2023 | 45.65% |
| March 31, 2023 | 48.46% |
| December 31, 2022 | 48.86% |
| September 30, 2022 | 46.63% |
| June 30, 2022 | 46.51% |
| March 31, 2022 | 49.35% |
| December 31, 2021 | 49.32% |
| September 30, 2021 | 45.35% |
| June 30, 2021 | 49.18% |
| March 31, 2021 | 50.16% |
| December 31, 2020 | 48.61% |
| September 30, 2020 | 46.18% |
| June 30, 2020 | 47.82% |
| March 31, 2020 | 50.05% |
| December 31, 2019 | 47.05% |
| September 30, 2019 | 43.15% |
| June 30, 2019 | 45.46% |
| March 31, 2019 | 48.72% |
| December 31, 2018 | 47.96% |
| September 30, 2018 | 43.89% |
| June 30, 2018 | 44.57% |
| March 31, 2018 | 49.32% |
| December 31, 2017 | 45.55% |
| Date | Value |
|---|---|
| September 30, 2017 | 45.37% |
| June 30, 2017 | 43.40% |
| March 31, 2017 | 49.70% |
| December 31, 2016 | 45.91% |
| September 30, 2016 | 48.16% |
| June 30, 2016 | 44.76% |
| March 31, 2016 | 49.80% |
| December 31, 2015 | 47.11% |
| September 30, 2015 | 50.00% |
| June 30, 2015 | 47.46% |
| March 31, 2015 | 53.03% |
| December 31, 2014 | 46.32% |
| September 30, 2014 | 49.03% |
| June 30, 2014 | 47.08% |
| March 31, 2014 | 51.15% |
| December 31, 2013 | 45.89% |
| September 30, 2013 | 49.08% |
| June 30, 2013 | 44.34% |
| March 31, 2013 | 51.56% |
| December 31, 2012 | 46.94% |
| September 30, 2012 | 50.21% |
| June 30, 2012 | 45.78% |
| March 31, 2012 | 48.96% |
| December 31, 2011 | 45.81% |
| June 30, 2011 | 44.90% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
43.15%
Minimum
Sep 2019
50.16%
Maximum
Mar 2021
47.59%
Average
47.82%
Median
Jun 2020
Gross Profit Margin (Quarterly) Benchmarks
| The Walt Disney Co | 33.81% |
| Paramount Global | 19.92% |
| Fox Corp | -- |
| News Corp | -- |
| Mega Matrix Corp | 27.73% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 123.3% |
| Return on Assets | 5.58% |
| Return on Invested Capital | 10.72% |
| Profit Margin (Quarterly) | 9.10% |
| Operating Margin (Quarterly) | 19.28% |
| Return on Net Operating Assets | 6.96% |