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 $3.35B for the most recently reported fiscal year, ending 2024-09-30.

Quarterly Annual

Figures for fiscal year ending 2024-09-30

Income Statement Financials
Revenue	$6.43B
Net Income	$435.00M
Cost of Goods Sold	$3.35B
Gross Profit	$3.07B
Operating Expenses	$5.60B
Operating Income	$823.00M
Non-Operating Income/Expense	$-222.00M
Pre-Tax Income	$601.00M
Normalized Pre-Tax Income	$601.00M
Income after Taxes	$478.00M
Income from Continuous Operations	$478.00M
Consolidated Net Income/Loss	$478.00M
Normalized Income after Taxes	$478.00M
EBIT	$823.00M
EBITDA	$1.15B
Weighted-Average Shares Outstanding (Basic)	517.52M
Weighted-Average Shares Outstanding (Diluted)	517.52M
Earnings per Share (EPS) (Basic)	$0.84
Earnings per Share (EPS) (Diluted)	$0.84
Balance Sheet Financials
Current Assets	$2.64B
Property, Plant, and Equipment	$481.00M
Long-Term Assets	$6.51B
Total Assets	$9.15B
Current Liabilities	$3.90B
Long-Term Debt	$4.01B
Long-Term Liabilities	$4.58B
Total Liabilities	$8.48B
Common Equity	$675.00M
Tangible Shareholders Equity	$-3.86B
Shareholders Equity	$675.00M
Common Shares Outstanding	517.94M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$754.00M
Cash Flow from Investing Activities	$-311.00M
Cash Flow from Financial Activities	$-396.00M
Beginning Cash	$641.00M
End Cash	$694.00M
Increase/Decrease in Cash	$53.00M
Stock-Based Compensation	$52.00M
Common Stock Dividends Paid	$-361.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.68
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.86
Debt to Equity Ratio	5.95
Gross Margin	47.79%
Operating Margin	12.81%
EBIT Margin	12.81%
EBITDA Margin	17.90%
Pre-Tax Profit Margin	9.35%
Profit Margin	6.77%
Free Cash Flow	$638.00M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.70
Inventory Turnover	33.89
Receiveable Turnover	5.12
Days Sales in Receivables	71.28
Return on Equity	70.81%
Return on Tangible Equity	-12.39%
Return on Assets	5.22%
Return on Investments	10.19%
Book Value Per Share	$1.30
Free Cash Flow per Share	$1.23
Operating Cash Flow per Share	$1.46

Data from Zacks Investment Research, Inc.