First Time Loading...

Warner Music Group Corp
NASDAQ:WMG

Watchlist Manager
Warner Music Group Corp Logo
Warner Music Group Corp
NASDAQ:WMG
Watchlist
Price: 32.97 USD -0.42% Market Closed
Updated: Apr 20, 2024

ROA
Return on Assets

5.4%
Current
4%
Average
-0.9%
Industry
Positive for the last year
5.4%
Positive average
4%
Better than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
5.4%
=
Net Income
460m
/
Total Assets
8.5B

ROA Across Competitors

ROA Comparison
Warner Music Group Corp Competitors

Country US
Market Cap 17.1B USD
ROA
5%
Country US
Market Cap 240.2B USD
ROA
11%
Country US
Market Cap 211.8B USD
ROA
1%
Country LU
Market Cap 54.4B USD
ROA
-7%
Country NL
Market Cap 48.8B EUR
ROA
10%
Country US
Market Cap 21B USD
ROA
2%
Country US
Market Cap 20.5B USD
ROA
-2%
Country CN
Market Cap 19.5B USD
ROA
7%
Country FR
Market Cap 18.1B EUR
ROA
5%
Country DE
Market Cap 7.7B EUR
ROA
9%
Country US
Market Cap 8.2B USD
ROA
-16%

Profitability Report

View the profitability report to see the full profitability analysis for Warner Music Group Corp.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
5.4%
=
Net Income
460m
/
Total Assets
8.5B
What is the ROA of Warner Music Group Corp?

Based on Warner Music Group Corp's most recent financial statements, the company has ROA of 5.4%.