• Warner Music Group average operating margin for 2024 was 12.81%, a 0.54% decline from 2023.
• Warner Music Group average operating margin for 2023 was 12.88%, a 7.87% decline from 2022.
• Warner Music Group average operating margin for 2022 was 11.94%, a 36.3% increase from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.