Overview Financials News + Filings IR Vault Key Docs Charts Ownership Insiders
|
In millions, except per share items | Jun-30-23 | Mar-31-23 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 |
| 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
Revenues: |
Recorded music | 1,282 | 1,143 | 1,244 | 1,189 | 1,147 | 1,386 | 1,172 | 1,152 |
United States | 704 | 657 | 734 | 652 | 635 | 723 | 632 | 594 |
Music publishing | 283 | 257 | 254 | 245 | 230 | 229 | 205 | 189 |
Total revenues | 1,564 | 1,399 | 1,497 | 1,432 | 1,376 | 1,614 | 1,376 | 1,340 |
Revenue growth [+] | 9.2% | 1.7% | 8.8% | 6.9% | 10.1% | 20.9% | 22.2% | 32.7% |
Recorded music | 7.8% | -0.3% | 6.1% | 3.2% | 8.3% | 19.4% | 22.3% | 33.8% |
United States | 8.0% | 3.5% | 16.1% | 9.8% | 12.4% | 26.4% | 26.1% | 37.5% |
Music publishing | 15.5% | 11.7% | 23.9% | 29.6% | 19.8% | 30.9% | 21.3% | 26.8% |
Cost of goods sold | 850 | 721 | 799 | 766 | 697 | 818 | 752 | 681 |
Gross profit | 714 | 678 | 698 | 666 | 679 | 796 | 624 | 659 |
Gross margin | 45.7% | 48.5% | 46.6% | 46.5% | 49.3% | 49.3% | 45.3% | 49.2% |
Selling, general and administrative [+] | 461 | 452 | 470 | 451 | 444 | 497 | 465 | 437 |
General and administrative | | | 470 | | | | 465 | |
Equity in earnings | | | | | | | | |
Other operating expenses | 64 | 61 | 65 | 69 | 69 | 60 | 59 | 60 |
EBITDA [+] | 275 | 287 | 245 | 233 | 255 | 320 | 179 | 241 |
EBITDA growth | 18.0% | 12.5% | 36.9% | -3.3% | 11.8% | 19.9% | 15.5% | -165.0% |
EBITDA margin | 17.6% | 20.5% | 16.4% | 16.3% | 18.5% | 19.8% | 13.0% | 18.0% |
Depreciation and amortization | 22 | 61 | 17 | 18 | 20 | 21 | 20 | 19 |
EBITA | 253 | 226 | 228 | 215 | 235 | 299 | 159 | 222 |
EBITA margin | 16.2% | 16.2% | 15.2% | 15.0% | 17.1% | 18.5% | 11.6% | 16.6% |
Amortization of intangibles | 64 | 61 | 65 | 69 | 69 | 60 | 59 | 60 |
EBIT [+] | 189 | 165 | 163 | 146 | 166 | 239 | 100 | 162 |
EBIT growth | 29.5% | -0.6% | 63.0% | -9.9% | 9.9% | 21.9% | 13.6% | -137.4% |
EBIT margin | 12.1% | 11.8% | 10.9% | 10.2% | 12.1% | 14.8% | 7.3% | 12.1% |
Non-recurring items | | 41 | | | | | | |
Interest expense | 38 | 35 | 31 | 32 | 32 | 30 | 29 | 30 |
Interest expense | 38 | 35 | 31 | 32 | 32 | 30 | 29 | 30 |
Other income (expense), net [+] | 16 | -31 | 55 | 50 | -8 | 54 | -19 | -30 |
Gain (loss) on debt retirement | -4 | | | | | | -10 | -12 |
Other | 20 | -31 | 55 | 50 | -8 | 54 | -9 | -18 |
Pre-tax income | 167 | 58 | 187 | 164 | 126 | 263 | 52 | 102 |
Income taxes | 43 | 21 | 37 | 39 | 34 | 75 | 22 | 41 |
Tax rate | 25.7% | 36.2% | 19.8% | 23.8% | 27.0% | 28.5% | 42.3% | 40.2% |
Minority interest | 2 | 3 | 2 | 1 | | 1 | 2 | |
Net income | 122 | 34 | 148 | 124 | 92 | 187 | 28 | 61 |
Net margin | 7.8% | 2.4% | 9.9% | 8.7% | 6.7% | 11.6% | 2.0% | 4.6% |
|
Basic EPS [+] | $0.24 | $0.07 | $0.29 | $0.24 | $0.18 | $0.36 | $0.05 | $0.12 |
Growth | -1.8% | -63.1% | 427.3% | 103.1% | -21.4% | 89.3% | -2851.2% | -111.5% |
Diluted EPS [+] | $0.24 | $0.07 | $0.29 | $0.24 | $0.18 | $0.36 | $0.05 | $0.12 |
Growth | -1.8% | -63.1% | 427.3% | 103.1% | -21.4% | 89.3% | -2851.2% | -111.5% |
|
Dividends per share [+] | $0.16 | $0.16 | $0.16 | $0.15 | $0.15 | $0.15 | $0.15 | $0.12 |
Growth | 6.1% | 6.2% | 6.2% | 27.3% | 23.7% | 24.8% | 21.7% | 64.2% |
|
Shares outstanding (basic) [+] | 516 | 516 | 515 | 515 | 515 | 515 | 513 | 514 |
Growth | 0.2% | 0.2% | 0.2% | 0.1% | 0.1% | 0.8% | 1.8% | 2.0% |
Shares outstanding (diluted) [+] | 516 | 516 | 515 | 515 | 515 | 515 | 513 | 514 |
Growth | 0.2% | 0.2% | 0.2% | 0.1% | 0.1% | 0.8% | 1.8% | 2.0% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|