Universal Music Group N.V. (UNVGY)
| Market Cap | 54.74B |
| Revenue (ttm) | 12.25B |
| Net Income (ttm) | 2.16B |
| Shares Out | n/a |
| EPS (ttm) | 1.17 |
| PE Ratio | 25.35 |
| Forward PE | 25.23 |
| Dividend | 0.18 (1.18%) |
| Ex-Dividend Date | Oct 3, 2024 |
| Volume | 2,360 |
| Average Volume | 111,961 |
| Open | 14.87 |
| Previous Close | 15.15 |
| Day's Range | 14.78 - 14.88 |
| 52-Week Range | 11.40 - 15.30 |
| Beta | 0.83 |
| RSI | 58.79 |
| Earnings Date | Apr 30, 2025 |
About Universal Music Group
Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as licenses, markets, promotes, distributes, and sells their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations. The Music Publishing segment discovers and develops songwriters, as well as owns and administers the copyright for musical composition... [Read more]
Financial Performance
In 2024, Universal Music Group's revenue was 11.83 billion, an increase of 6.54% compared to the previous year's 11.11 billion. Earnings were 2.09 billion, an increase of 65.69%.
Financial numbers in EUR Financial StatementsNews
Universal Music Group N.V. (UMGNF) Q1 2025 Earnings Call Transcript
Universal Music Group N.V. (OTCPK:UMGNF) Q1 2025 Earnings Conference Call April 29, 2025 12:15 PM ET Company Participants Sir Lucian Grainge - Chairman and Chief Executive Officer Boyd Muir - Chief Op...
Universal Music's Subscriptions, Streaming Revenue Beats Forecasts
The record label behind Taylor Swift logged revenue of €2.9 billion for the three months to the end of March, up 9.5% on year.
Universal Music Group first-quarter sales beat forecast
Universal Music Group reported first-quarter sales above market expectations on Tuesday, helped by growth in recorded music and music publishing.
Universal Music Group N.V. Reports Financial Results for the First Quarter Ended March 31, 2025
Q1 2025 Results Highlights1 Revenue of €2,901 million increased 11.8% year-over-year, or 9.5% in constant currency, driven by solid growth in Recorded Music and Music Publishing. Recorded Music subscr...
European Commission to assess UMG's proposed acquisition of Downtown Music
The European Commission said on Friday it would investigate Universal Music Group's planned $775 million acquisition of independent music services company Downtown Music, confirming earlier media repo...
EU set to probe Universal's planned acquisition of Downtown Music, FT reports
The European Commission is set to investigate Universal Music Group's planned $775 million acquisition of independent music services company Downtown Music amid claims the deal will give too much powe...
Universal Music Group N.V. to Announce Financial Results for the First Quarter Ended March 31, 2025
HILVERSUM, The Netherlands , March 31, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that it will release its financial results for the first quarter ended March 31, ...
UNIVERSAL MUSIC GROUP BOARD PUBLISHES 2024 ANNUAL REPORT AND AGENDA FOR 2025 ANNUAL GENERAL MEETING OF SHAREHOLDERS
HILVERSUM, Netherlands , March 27, 2025 /PRNewswire/ -- Universal Music Group N.V. ("UMG" or "the Company") today published its 2024 annual report and the agenda for its 2025 annual general meeting of...
Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'
Hedge funder Bill Ackman announced the sale of a portion of Pershing Square's PSHZF stake in Universal Music Group UNVGY UMGNF Thursday, continuing his recent financial moves betting on future investm...
Universal Music Shares Fall After Ackman's Pershing Decides to Cut Stake
Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company.
Pershing Square's Ackman confirms sale of some of its UMG shares
Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG).
Universal Music Group N.V. Announces Resignation of Manning Doherty from its Board of Directors
HILVERSUM, Netherlands , March 10, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that Non-Executive Director Manning Doherty will retire from the Board of Directors w...
Universal Music Shares Rise on Subscription Revenue Beat
Stock in the record label behind Taylor Swift rose after revenue from subscriptions and streaming grew 5.6%.
Universal Music Group: Not There Yet, But Heading In The Right Direction
Universal Music Group's Q4 earnings surpassed expectations, but growth remains below company's targets, with volatile profitability. The gap between UMG and Spotify's growth narrowed in Q4, but remain...
Universal Music Group N.V. (UMGNF) Q4 2024 Earnings Call Transcript
Universal Music Group N.V. (OTCPK:UMGNF) Q4 2024 Results Conference Call March 6, 2025 12:15 PM ET Company Participants Sir Lucian Grainge - Chairman and Chief Executive Officer Boyd Muir - Executive ...
Universal Music Group N.V. Reports Financial Results for the Fourth Quarter and Full Year Ended December 31, 2024
Summary Q4 2024 Results1 Revenue of €3,439 million increased 7.2% year-over-year, or 7.9% in constant currency, driven by growth across all segments. Excluding items impacting comparability detailed b...
Universal Music Group N.V. to Announce Financial Results for the Fourth Quarter and Full Year Ended December 31, 2024
HILVERSUM, Netherlands , Feb. 6, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that it will release its financial results for the fourth quarter and full year ended D...
Spotify Analyst Sees 'Win-Win' In Early UMG Partnership
Spotify Technology SPOT said the company's new partnership with Universal Music Group UMGNF UNVGY came earlier than expected, which could be a win for both companies.
Spotify, Universal Music Group Strike Multi-Year Deal
Spotify and Universal Music Group have struck a new multi-year agreement for recorded music and music publishing “focused on growth, innovation and the advancement of artists' and songwriters' success...
Universal Music Group and Spotify strike new agreement
Universal Music Group (UMG) , the world's biggest music label, and Swedish streaming giant Spotify have reached a new multi-year agreement for recorded music and music publishing, they said on Sunday.
Ackman's Pershing Square requests UMG to move secondary listing to US
Universal Music Group said on Wednesday that billionaire Bill Ackman-led Pershing Square has exercised its right to request an offering and secondary listing of the record label in the United States.
Statement from Universal Music Group N.V.
HILVERSUM, Netherlands , Jan. 15, 2025 /PRNewswire/ -- Further to UMG's statement of 9 November 2024, UMG announced today that Pershing Square (together with certain of its affiliates, "Pershing") has...
Universal's Virgin Music Group to buy Downtown Music for $775 mln
Virgin Music Group, the global independent music unit of Universal Music Group , said on Monday it will acquire Downtown Music in an all-cash deal valued at $775 million (737.32 million euros).
Universal Music Stock: A Compelling Long-Term Compounder
Universal Music Group's strong moats, including a diverse revenue stream and ownership of top global artists, make it a compelling long-term investment. The music streaming market is expected to grow ...
Universal Music Group: Pershing does not have the right to require Amsterdam delisting
CNBC's Andrew Ross Sorkin reports on the latest news.