Universal Music Group N.V. Website

Universal Music Group N.V.

ENXTAM-UMG

Income Statement
Jan '19
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

7,159

7,432

8,504

10,340

11,108

11,486

Total Revenues % Chg.

—

18.9%

3.8%

14.4%

21.6%

7.4%

6.8%

Cost of Goods Sold, Total

3,818

3,917

4,608

5,753

6,208

6,510

Gross Profit

3,341

3,515

3,896

4,587

4,900

4,976

Selling General & Admin Expenses, Total

2,279

2,267

2,286

2,674

3,193

2,997

Amortization of Goodwill and Intangible Assets

—

—

—

175

268

276

286

Other Operating Expenses, Total

2,279

2,267

2,461

2,942

3,469

3,283

Operating Income

1,062

1,248

1,435

1,645

1,431

1,693

Interest Expense, Total

—

-19

-44

-38

-62

-103

-110

Interest And Investment Income

14

10

6

21

17

22

Net Interest Expenses

-5

-34

-32

-41

-86

-88

Income (Loss) On Equity Invest.

-2

-9

5

-2

—

-6

Currency Exchange Gains (Loss)

-1

—

11

-1

1

—

Other Non Operating Income (Expenses)

-2

596

-309

-652

409

663

EBT, Excl. Unusual Items

1,052

1,801

1,110

949

1,755

2,262

Restructuring Charges

-24

-20

-20

-32

-41

-139

Impairment of Goodwill

—

—

—

—

-7

—

—

Gain (Loss) On Sale Of Investments

142

—

—

—

—

—

Gain (Loss) On Sale Of Assets

—

—

—

98

—

—

—

Asset Writedown

—

—

—

—

-10

7

7

Other Unusual Items

—

—

—

-23

—

—

—

EBT, Incl. Unusual Items

1,170

1,781

1,165

900

1,721

2,130

Income Tax Expense

195

412

277

115

458

576

Earnings From Continuing Operations

975

1,369

888

785

1,263

1,554

Minority Interest

-3

-3

-2

-3

-4

-6

Net Income

972

1,366

886

782

1,259

1,548

Net Income to Common Incl Extra Items

972

1,366

886

782

1,259

1,548

Net Income to Common Excl. Extra Items

972

1,366

886

782

1,259

1,548

Total Shares Outstanding

1,813

1,813.2

1,812.9

1,813.3

1,821.5

1,829

Weighted Avg. Shares Outstanding

1,813

1,813

1,813

1,813

1,819

1,823

Weighted Avg. Shares Outstanding Dil

1,813

1,813

1,814

1,816

1,842

1,866.2

EPS

0.5

0.8

0.5

0.4

0.7

0.8

EPS Diluted

0.5

0.8

0.5

0.4

0.7

0.8

EBITDA

1,200

1,415

1,644

1,712

1,508

1,783

Effective Tax Rate

16.7%

23.1%

23.8%

12.8%

26.6%

27%