Universal Music Group
€14.26Change from previous close: +0.92%Absolute change: +€0.13
At a glance
- Revenue growth
- +5.69%
- 2025 vs 2024
- Net income growth
- −26.51%
- 2025 vs 2024
- Net margin
- 12.3%
- 2024: 17.6%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 17,456 | 17,320 | 13,091 | 11,639 | 12,094 |
| Current assets | 4,575 | 4,573 | 4,056 | 3,604 | 3,334 |
| Cash and equivalents | 451 | 553 | 413 | 439 | 585 |
| Short-term investments | 43.0 | 27.0 | 91.0 | — | — |
| Receivables | 2,672 | 2,527 | 2,282 | 2,018 | 1,806 |
| Inventory | 263 | 255 | 210 | 163 | 99.0 |
| Net property, plant and equipment | 721 | 688 | 493 | 485 | 555 |
| Goodwill | 1,754 | 1,895 | 1,624 | 1,578 | 1,480 |
| Other intangible assets | 262 | 232 | 180 | 119 | 96.0 |
| Long-term investments | 4,438 | 3,823 | 1,658 | 846 | 1,701 |
| Current liabilities | 7,206 | 7,624 | 6,267 | 6,520 | 5,392 |
| Accounts payable | 174 | 168 | 118 | 139 | 146 |
| Long-term debt | 2,297 | 1,778 | 1,826 | 1,113 | 2,277 |
| Total debt | 3,407 | 3,192 | 2,514 | 2,673 | — |
| Total liabilities | 12,888 | 12,769 | 10,108 | 9,287 | 10,064 |
| Total equity (incl. minority) | 4,568 | 4,551 | 2,983 | 2,352 | 2,030 |
| Retained earnings | -28,888 | -28,803 | -30,244 | -30,714 | -31,033 |
| Minority interest | 25.0 | 25.0 | 21.0 | 1.0 | — |