Warner Music Group (FRA:WA4) Tax Rate % : 17.54% (As of Jun. 2024)

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What is Warner Music Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Warner Music Group's Tax Expense for the three months ended in Jun. 2024 was €28 Mil. Warner Music Group's Pre-Tax Income for the three months ended in Jun. 2024 was €159 Mil. Therefore, Warner Music Group's Tax Rate % for the quarter that ended in Jun. 2024 was 17.54%.

Warner Music Group Tax Rate % Historical Data

The historical data trend for Warner Music Group's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Warner Music Group Tax Rate % Chart

Warner Music Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Tax Rate %

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3.37

-5.15

32.68

25.00

27.91

Warner Music Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Tax Rate %	Get a 7-Day Free Trial															25.75	27.36	27.17	15.79	17.54

Warner Music Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Warner Music Group's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Sep. 2023 )	/	Pre-Tax Income (A: Sep. 2023 )
	=	159.29	/	570.633
	=	27.91 %

Warner Music Group's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	27.87	/	158.859
	=	17.54 %

Warner Music Group Tax Rate % Related Terms

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Warner Music Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Warner Music Group Corp (FRA:WA4) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

WMG:USA W1MG34:Brazil WMG:Austria

Address

1633 Broadway, New York, NY, USA, 10019

Website

https://www.wmg.com

Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 150,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappel controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 73% economic interest.

Warner Music Group Headlines

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