CSIMarket
 


Warner Music Group Corp   (WMG)
Other Ticker:  
 
    Sector  Services    Industry Movies and Entertainment
   Industry Movies and Entertainment
   Sector  Services
 

WMG's Net Income Growth by Quarter and Year

Warner Music Group 's Net Income results by quarter and year




WMG Net Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter September - 154.00 150.00 30.00
III Quarter June - 124.00 125.00 61.00
II Quarter March - 37.00 92.00 117.00
I Quarter December 193.00 124.00 188.00 99.00
FY   193.00 439.00 555.00 307.00



WMG Net Income first quarter 2024 Y/Y Growth Comment
Warner Music Group Corp reported Net Income rise of 55.65% year on year in the first quarter 2024, to $ 193.00 millions, this is lower than Warner Music Group Corp 's recent average Net Income rise of 98.24%.

According to the results reported in the first quarter 2024, Warner Music Group Corp achieved the best Net Income growth in Movies and Entertainment industry. While Warner Music Group Corp ' s Net Income jump of 55.65% ranks overall at the positon no. 189 in the first quarter 2024.




WMG Net Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter September - 2.67 % 400 % 2900 %
III Quarter June - -0.8 % 104.92 % -
II Quarter March - -59.78 % -21.37 % -
I Quarter December 55.65 % -34.04 % 89.9 % -18.85 %
FY   - -20.9 % 80.78 % -

Financial Statements
Warner Music Group 's first quarter 2024 Net Income $ 193.00 millions WMG's Income Statement
Warner Music Group 's first quarter 2023 Net Income $ 124.00 millions Quarterly WMG's Income Statement
New: More WMG's historic Net Income Growth >>


WMG Net Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter September - 24.19 % 20 % -50.82 %
III Quarter June - 235.14 % 35.87 % -47.86 %
II Quarter March - -70.16 % -51.06 % 18.18 %
I Quarter December 25.32 % -17.33 % 526.67 % 9800 %
FY (Year on Year)   - -20.9 % 80.78 % -




Net Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Movies and Entertainment Industry #1
Services Sector #32
Overall #189

Net Income Y/Y Growth Statistics
High Average Low
1740 % 98.24 % -346.75 %
(Jun 30 2017)   (Jun 30 2020)
Net Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Movies and Entertainment Industry #1
Services Sector #32
Overall #189
Net Income Y/Y Growth Statistics
High Average Low
1740 % 98.24 % -346.75 %
(Jun 30 2017)   (Jun 30 2020)

Net Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Warner Music Group 's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
9800 % 573.61 % -79.1 %
(Dec 31 2020)  


WMG's I. Quarter Q/Q Net Income Comment
Warner Music Group Corp achieved in the I. Quarter 2024 below company average Net Income jump of 25.32% quarter on quarter, to $ 193.00 millions.

I. Quarter 2024 performance were paradoxical, although lower than the average growth of 573.61 %, yet it shows a quite improvement compare to the -17.33% in the same quarter a year ago.

Within Movies and Entertainment industry Warner Music Group Corp achieved highest sequential Net Income growth. While Warner Music Group 's Net Income growth quarter on quarter, overall rank is 87.


Net Income Q/Q Growth Company Ranking
Within: No.
Movies and Entertainment Industry #1
Services Sector #14
Overall #87
Net Income Q/Q Growth Company Ranking
Within: No.
Movies and Entertainment Industry #1
Services Sector #14
Overall #87
Net Income Q/Q Growth Statistics
High Average Low
9800 % 573.61 % -79.1 %
(Dec 31 2020)  


WMG's I. Quarter Q/Q Net Income Comment
Warner Music Group Corp achieved in the I. Quarter 2024 below company average Net Income jump of 25.32% quarter on quarter, to $ 193.00 millions.

Although the I. Quarter 2024 WMG's Net Income quarter on quarter growth was lower than the average , this has been still promising sign, as the current expension, eclipses the -17.33% Net Income rise in the I. Quarter a year ago

Within Movies and Entertainment industry Warner Music Group Corp achieved highest sequential Net Income growth. While Warner Music Group 's Net Income growth quarter on quarter, overall rank is 87.


Warner Music Group 's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Net Income 12 Months Ending $ 508.00 $ 439.00 $ 435.00 $ 436.00 $ 491.00
Y / Y Net Income Growth (TTM) 3.46 % -20.9 % 0 % 17.52 % 23.99 %
Year on Year Net Income Growth Overall Ranking # 80 # 248 # 389 # 290 # 213
Seqeuential Net Income Change (TTM) 15.72 % 0.92 % -0.23 % -11.2 % -11.53 %
Seq. Net Income Growth (TTM) Overall Ranking # 189 # 487 # 754 # 850 # 669




Cumulative Net Income growth Comment
Although Warner Music Group 's Annual Net Income growth year on year were below company's average 98.24% , Net Income announced in the Dec 31 2023 period, show improvement in Net Income trend, to cumulative trailing twelve month growth of 3.46% year on year, from -20.9% in Sep 30 2023. And, Warner Music Group had the highest Net Income growth, in Movies and Entertainment industry.

Among companies within the Services sector 8 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 80, from total ranking in previous quarter at 248.

Net Income TTM Q/Q Growth Statistics
High Average Low
1740 %
98.24 %
-346.75 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Movies and Entertainment Industry # 1
Services Sector # 9
Overall # 80

Net Income TTM Y/Y Growth Statistics
High Average Low
1740 %
98.24 %
-346.75 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 32
S&P 500 # 189
Cumulative Net Income growth Comment
Although Warner Music Group 's Annual Net Income growth year on year were below company's average 98.24% , Net Income announced in the Dec 31 2023 period, show improvement in Net Income trend, to cumulative trailing twelve month growth of 3.46% year on year, from -20.9% in Sep 30 2023. And, Warner Music Group had the highest Net Income growth, in Movies and Entertainment industry.

Among companies within the Services sector 8 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 80, from total ranking in previous quarter at 248.

Net Income TTM Q/Q Growth Statistics
High Average Low
1740 %
98.24 %
-346.75 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Movies and Entertainment Industry # 1
Services Sector # 9
Overall # 80

Net Income TTM Y/Y Growth Statistics
High Average Low
1740 %
98.24 %
-346.75 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 32
S&P 500 # 189




Other Net Income Growth
Movies and Entertainment Industry Net Income Growth Trends and Statistics
Services Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
WMG's Net Income Growth Ratio versus Movies and Entertainment Industry, Services Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for WMG's Competitors
Net Income Growth for Warner Music Group 's Suppliers
Net Income Growth for WMG's Customers

You may also want to know
WMG's Annual Growth Rates WMG's Profitability Ratios WMG's Asset Turnover Ratio WMG's Dividend Growth
WMG's Roe WMG's Valuation Ratios WMG's Financial Strength Ratios WMG's Dividend Payout Ratio
WMG's Roa WMG's Inventory Turnover Ratio WMG's Growth Rates WMG's Dividend Comparisons



Companies with similar Net Income jump for the quarter ending Dec 31 2023 within Services SectorY/Y Change %Net Income for the quarter ending Dec 31 2023
News Corporation94.68%$ 94.681 millions
Msci Inc 87.64%$ 87.644 millions
Rb Global Inc85.78%$ 85.782 millions
Forestar Group Inc 83.65%$ 83.654 millions
Life Time Group Holdings Inc 72.55%$ 72.548 millions
Fti Consulting Inc 71.87%$ 71.866 millions
Adtalem Global Education inc 65.22%$ 65.221 millions
Maximus Inc 60.39%$ 60.390 millions
Brinker International Inc 59.82%$ 59.818 millions
Gxo Logistics Inc 58.70%$ 58.696 millions
Walt Disney Co58.05%$ 58.046 millions
Wah Fu Education Group Ltd 57.49%$ 57.491 millions
Paypal Holdings Inc 57.31%$ 57.312 millions
The New York Times Company55.74%$ 55.740 millions
Pearson Plc55.74%$ 55.738 millions
Warner Music Group Corp 55.65%$ 55.645 millions
Travelzoo54.46%$ 54.459 millions
Interpublic Group Of Companies Inc 54.17%$ 54.168 millions
Advanced Oxygen Technologies Inc 52.69%$ 52.690 millions
Global Payments Inc44.04%$ 44.040 millions
Trinet Group Inc42.55%$ 42.553 millions
Restaurant Brands International Limited Partnershi42.26%$ 42.262 millions
Travel and Leisure Co 42.22%$ 42.222 millions
Dlh Holdings Corp 39.04%$ 39.043 millions
Gatx Corporation36.36%$ 36.364 millions
T mobile Us Inc 36.36%$ 36.357 millions
Yelp Inc36.04%$ 36.044 millions
International Money Express Inc 33.92%$ 33.918 millions
Cra International inc 32.12%$ 32.123 millions
Stride Inc 31.81%$ 31.813 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com