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 revenue | 12,507 | 11,834 | 11,108 | 10,340 | 8,504 |
| Cost of revenue | 7,196 | 6,746 | 6,208 | 5,753 | 4,608 |
| Gross profit | 5,311 | 5,088 | 4,900 | 4,587 | 3,896 |
| Selling, general and administrative | 2,848 | 2,851 | 3,178 | 2,673 | 2,286 |
| Operating income | 2,135 | 1,941 | 1,446 | 1,646 | 1,435 |
| EBIT | 2,135 | 1,941 | 1,446 | 1,646 | 1,435 |
| EBITDA | 2,243 | 2,026 | 1,520 | 1,713 | 1,644 |
| Interest expense | 131 | 129 | 106 | 62.0 | 38.0 |
| Pre-tax income | 2,086 | 2,871 | 1,721 | 900 | 1,165 |
| Income tax | 546 | 778 | 458 | 115 | 277 |
| Net income | 1,533 | 2,086 | 1,259 | 782 | 886 |
| Net income to common shareholders | 1,533 | 2,086 | 1,259 | 782 | 886 |
| Basic EPS | 0.84 | 1.14 | 0.69 | 0.43 | 0.49 |
| Diluted EPS | 0.83 | 1.13 | 0.68 | 0.43 | 0.49 |
| Average shares (basic) | 1,833 | 1,827 | 1,819 | 1,813 | 1,813 |
| Average shares (diluted) | 1,853 | 1,852 | 1,842 | 1,816 | 1,814 |
| Dividend per share | 0.52 | 0.52 | 0.51 | 0.51 | 0.40 |