Flagship explainer

What drives Warner Music Group Corp.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity63%Tax burden74%net income ÷ pretax incomeInterest burden71%pretax ÷ operating incomeOperating margin10%operating income ÷ revenueAsset turnover0.71×revenue ÷ average assetsEquity multiplier16.30×average assets ÷ average equityAs of 2025-09-30 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$365MFY2025
Income before tax$490MFY2025
Operating income$694MFY2025
$6.7BFY2025
Ending assets$9.8BFY2025
Beginning assets$9.2BFY2024
$647MFY2025
$518MFY2024
Source: · event Sep 30, 2025 · retrieved Oct 17, 2026 · annual-row source set
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