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Netherlands
In shortUniversal Music Group N.v. is profitable, generates cash and carries moderate debt, with revenue growing (+5.7% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 16.0% | 70/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 12.3% | 69/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 33.8% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 20.0% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.63× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.63× | 76/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.20× | 80/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 8.58× | 67/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 13.3% | 73/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.09× | 99/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 6.8% | 86/100 |
| Operating margin volatility | 1.4% | 96/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 6.5% | 53/100 |
|---|---|---|
| EPS growth, 3-year average | 24.5% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
EUR millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 8,504 | 10,340 | 11,108 | 11,834 | 12,507 |
| Cost of revenue | 4,608 | 5,753 | 6,208 | 6,746 | 7,196 |
| Gross profit | 3,896 | 4,587 | 4,900 | 5,088 | 5,311 |
| Selling, general & admin | 2,502 | 2,702 | 3,213 | 3,015 | 2,982 |
| Operating income | 1,399 | 1,600 | 1,418 | 1,775 | 1,998 |
| Interest expense | 377 | 735 | 151 | 187 | 233 |
| Pre-tax income | 1,165 | 900 | 1,721 | 2,871 | 2,086 |
| Income tax | 277 | 115 | 458 | 778 | 546 |
| Net income | 886 | 782 | 1,259 | 2,086 | 1,533 |
| Diluted EPS | €0.49 | €0.43 | €0.68 | €1.13 | €0.83 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 26, 2026