Cost of Goods Sold (Annual)

Cost of Goods Sold: The difference between beginning and ending inventories for tangible products, resulting in an expense that reflects production and sales costs.

Warner Music Group Corp. (WMG) had Cost of Goods Sold of $3.63B for the most recently reported fiscal year, ending 2025-09-30.

Quarterly Annual

Figures for fiscal year ending 2025-09-30

Income Statement Financials
Revenue	$6.71B
Net Income	$365.00M
Cost of Goods Sold	$3.63B
Gross Profit	$3.08B
Operating Expenses	$6.01B
Operating Income	$694.00M
Non-Operating Income/Expense	$-204.00M
Pre-Tax Income	$490.00M
Normalized Pre-Tax Income	$490.00M
Income after Taxes	$370.00M
Income from Continuous Operations	$370.00M
Consolidated Net Income/Loss	$370.00M
Normalized Income after Taxes	$370.00M
EBIT	$694.00M
EBITDA	$1.07B
Weighted-Average Shares Outstanding (Basic)	520.51M
Weighted-Average Shares Outstanding (Diluted)	520.51M
Earnings per Share (EPS) (Basic)	$0.70
Earnings per Share (EPS) (Diluted)	$0.70
Balance Sheet Financials
Current Assets	$2.77B
Property, Plant, and Equipment	$441.00M
Long-Term Assets	$7.06B
Total Assets	$9.83B
Current Liabilities	$4.20B
Long-Term Debt	$4.37B
Long-Term Liabilities	$4.87B
Total Liabilities	$9.07B
Common Equity	$757.00M
Tangible Shareholders Equity	$-4.18B
Shareholders Equity	$757.00M
Common Shares Outstanding	522.29M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$678.00M
Cash Flow from Investing Activities	$-340.00M
Cash Flow from Financial Activities	$-497.00M
Beginning Cash	$694.00M
End Cash	$532.00M
Increase/Decrease in Cash	$-162.00M
Stock-Based Compensation	$54.00M
Common Stock Dividends Paid	$-383.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.66
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.85
Debt to Equity Ratio	5.77
Gross Margin	45.85%
Operating Margin	10.35%
EBIT Margin	10.35%
EBITDA Margin	15.95%
Pre-Tax Profit Margin	7.31%
Profit Margin	5.44%
Free Cash Flow	$539.00M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.68
Inventory Turnover	58.58
Receiveable Turnover	5.01
Days Sales in Receivables	72.92
Return on Equity	48.88%
Return on Tangible Equity	-8.85%
Return on Assets	3.76%
Return on Investments	7.22%
Book Value Per Share	$1.45
Free Cash Flow per Share	$1.04
Operating Cash Flow per Share	$1.30

Data from Zacks Investment Research, Inc.