Business Segments Universal Music Group N.V.

Equities

Market Closed - Euronext Amsterdam Other stock markets 16:55:00 13/02/2026 GMT			5-day change	1st Jan Change
20.10 ^EUR	-0.25%		+2.00%	-9.58%

02-13	Universal Music Group Gets Conditional EU Approval for Downtown Music Purchase	MT
02-13	EU Clears Universal Music Group's $775 Million Downtown Acquisition	DJ

Breakdown by Business Segment (EUR)

Fiscal Period: December	2020	2021	2022	2023	2024
Entertainment Services
Recorded Music	5.97B	6.82B	7.94B	8.46B	8.9B
Total Assets	-	6.4B	5.98B	7.19B	10.27B
EBITDA	1.36B	1.61B	1.9B	2.04B	2.28B
D&A	-	-	204M	217M	205M
Operating Income	1.26B	1.45B	1.59B	1.39B	1.75B
Music Publishing	1.19B	1.34B	1.8B	1.96B	2.12B
Total Assets	-	3.99B	4.14B	4.21B	4.6B
EBITDA	269M	307M	410M	470M	511M
D&A	-	-	162M	156M	161M
Operating Income	257M	212M	215M	269M	321M
Apparel
Merchandising and Other	292M	363M	618M	706M	842M
Total Assets	-	297M	407M	417M	547M
EBITDA	21M	16M	36M	47M	43M
D&A	-	-	2M	2M	2M
Operating Income	19M	14M	32M	41M	38M
Total Assets	-	418M	312M	343M	693M
EBITDA	-163M	-251M	-211M	-180M	-168M
D&A	-	-	9M	7M	41M
Operating Income	-206M	-280M	-240M	-285M	-336M
Elimination of Intersegment Transactions	-13M	-16M	-14M	-15M	-30M
Total Assets	-	992M	791M	928M	1.21B

Geographical breakdown of sales (EUR)

Fiscal Period: December	2020	2021	2022	2023	2024
United States (U.S.)	-	4.08B	5.16B	5.58B	5.97B
Rest of The World	256M	1.97B	2.42B	2.62B	2.8B
Total Assets	12M	-	-	-	-
Total Assets	305M	-	-	-	-
United Kingdom (U.K.)	-	785M	936M	941M	1.06B
Japan	-	628M	699M	768M	761M
Germany	-	465M	499M	576M	604M
France	-	388M	399M	444M	459M
Netherlands	-	183M	229M	178M	178M
Latin America	181M	-	-	-	-
Total Assets	46M	-	-	-	-
Asia	801M	-	-	-	-
Europe	1.79B	-	-	-	-
Total Assets	4.21B	-	-	-	-
North America	2.94B	-	-	-	-
Total Assets	5.67B	-	-	-	-