Universal Music Group N.V. financials
Universal Music Group N.V.
Country: NL Reporting currency: EUR Latest annual report: 2025-12-31
LEI:
724500GJBUL3D9TW9Y18 Financial statements
(EUR, as reported — unscaled; 93 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Cost of sales | €7.20B | €6.75B |
| Operating profit (EBIT) | €2.00B | €1.77B |
| Net finance income / (cost) | €106.0M | €1.09B |
| Finance costs | €233.0M | €187.0M |
| Profit before tax | €2.09B | €2.87B |
| Income tax expense | €546.0M | €778.0M |
| Profit for the year | €1.54B | €2.09B |
| — attributable to owners | €1.53B | €2.09B |
| — attributable to NCI | €7.0M | €7.0M |
| Total comprehensive income | €860.0M | €2.36B |
| Per share | ||
| Basic EPS | €0.84 | €1.14 |
| Diluted EPS | €0.83 | €1.13 |
| Free cash flow / share | €0.90 | €0.90 |
| Cash flow statement | ||
| Cash generated from operations | €2.14B | €2.10B |
| Net cash from operating activities | €1.74B | €1.75B |
| Net cash from investing activities | -€854.0M | -€1.05B |
| Purchase of PP&E (capex) | €70.0M | €91.0M |
| Net cash from financing activities | -€988.0M | -€552.0M |
| Dividends paid | €959.0M | €937.0M |
| Proceeds from borrowings | €4.52B | €4.32B |
| Repayments of borrowings | €4.37B | €3.75B |
| Lease liability payments | €72.0M | €81.0M |
| Net change in cash | -€103.0M | €152.0M |
| Balance sheet | ||
| Total assets | €17.46B | €17.32B |
| Non-current assets | €12.88B | €12.75B |
| Property, plant & equipment | €255.0M | €242.0M |
| Right-of-use assets | €466.0M | €446.0M |
| Intangible assets & goodwill | €1.75B | €1.90B |
| Current assets | €4.58B | €4.57B |
| Inventories | €263.0M | €255.0M |
| Cash & equivalents | €451.0M | €553.0M |
| Total equity | €4.57B | €4.55B |
| — attributable to owners | €4.54B | €4.53B |
| Non-controlling interests | €25.0M | €25.0M |
| Non-current liabilities | €5.68B | €5.14B |
| Long-term borrowings | €2.30B | €1.78B |
| Lease liabilities (non-current) | €480.0M | €475.0M |
| Current liabilities | €7.21B | €7.62B |
| Lease liabilities (current) | €81.0M | €66.0M |
| Deferred tax liabilities | €1.21B | €1.17B |
| Derived metrics | ||
| Free cash flow | €1.67B | €1.66B |
| Operating margin | 16.0% | 15.0% |
| Net margin | 12.3% | 17.7% |
| Return on equity | 33.7% | 46.0% |
| Cash conversion ratio | 1.13× | 0.84× |
| Capex coverage | 24.84× | 19.29× |
| Other reported items | ||
| Adjustments To Reconcile Profit Loss Other Than Changes In Working Capital | €508.0M | €520.0M |
| Cash and Cash Equivalents If Different From Statement of Financial Position | €377.0M | €545.0M |
| Cash Flows From Used In Operations Before Changes In Working Capital | €2.10B | €2.11B |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €62.0M | €163.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | €3.0M | €7.0M |
| Comprehensive Income Attributable To Owners of Parent | €857.0M | €2.35B |
| Current Borrowings and Current Portion of Noncurrent Borrowings | €549.0M | €873.0M |
| Current Provisions | €179.0M | €195.0M |
| Current Tax Assets Current | €65.0M | €30.0M |
| Current Tax Liabilities Current | €168.0M | €96.0M |
| Deferred Tax Assets | €657.0M | €625.0M |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | €953.0M | €933.0M |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | €6.0M | €4.0M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | €514.0M | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | €0.28 | — |
| Dividends Received From Investments Accounted For Using Equity Method Classified As Investing Activities | €18.0M | €12.0M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€65.0M | €6.0M |
| Equity and Liabilities | €17.46B | €17.32B |
| Finance Income | €339.0M | €1.28B |
| Income Taxes Paid Refund Classified As Operating Activities | €403.0M | €349.0M |
| Increase Decrease In Cash and Cash Equivalents | -€168.0M | €158.0M |
| Increase Decrease In Working Capital | -€38.0M | €5.0M |
| Increase Decrease Through Sharebased Payment Transactions | €115.0M | €143.0M |
| Investment Accounted For Using Equity Method | €695.0M | €578.0M |
| Liabilities | €12.89B | €12.77B |
| Noncurrent Financial Assets | €3.74B | €3.25B |
| Noncurrent Provisions | €242.0M | €266.0M |
| Other Comprehensive Income | -€680.0M | €267.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -€642.0M | €255.0M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | -€1.0M | -€4.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | €6.0M | -€12.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -€685.0M | €283.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €5.0M | -€16.0M |
| Other Current Financial Assets | €43.0M | €27.0M |
| Other Inflows Outflows of Cash Classified As Financing Activities | -€9.0M | €2.0M |
| Other Intangible Assets | €262.0M | €232.0M |
| Other Noncurrent Assets | €9.0M | €6.0M |
| Other Noncurrent Financial Liabilities | €1.45B | €1.46B |
| Outflows of Cash From Investing Activities | €952.0M | €1.15B |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €65.0M | €2.0M |
| Proceeds From Sales Or Maturity of Financial Instruments Classified As Investing Activities | €13.0M | €79.0M |
| Purchase of Financial Instruments Classified As Investing Activities | €152.0M | €145.0M |
| Purchase of Interests In Investments Accounted For Using Equity Method | €198.0M | €390.0M |
| Revenue From Contracts With Customers | €12.51B | €11.83B |
| Selling General and Administrative Expense | €2.98B | €3.02B |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | -€66.0M | €25.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -€18.0M | €4.0M |
Methodology
Every line item above is a fact tagged in Universal Music Group N.V.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.