Business Segments Universal Music Group N.V.

Stocks

Market Closed - Euronext Amsterdam Other stock markets 16:55:00 11/06/2026 BST			5-day change	1st Jan Change
17.74 ^EUR	-0.06%		-2.88%	-20.22%

06-10	CIC Corporate & Institutional Banking Upgrades Universal Music Group to Buy	MT
06-08	Universal Music Group Mulls EUR1 Billion Bond Offering	MT

Breakdown by Business Segment (EUR)

Fiscal Period: December	2021	2022	2023	2024	2025
Entertainment Services
Recorded Music	6.82B	7.94B	8.46B	8.9B	9.46B
Total Assets	6.4B	5.98B	7.19B	10.27B	-
EBITDA	1.61B	1.9B	2.04B	2.28B	2.42B
D&A	-	204M	217M	-	-
Operating Income	1.45B	1.59B	1.39B	1.75B	-
Music Publishing	1.34B	1.8B	1.96B	2.12B	2.26B
Total Assets	3.99B	4.14B	4.21B	4.6B	-
EBITDA	307M	410M	470M	511M	549M
D&A	-	162M	156M	-	-
Operating Income	212M	215M	269M	321M	-
Entertainment Equipment
Merchandising and Other	363M	618M	706M	842M	811M
Total Assets	297M	407M	417M	547M	-
EBITDA	16M	36M	47M	43M	16M
D&A	-	2M	2M	-	-
Operating Income	14M	32M	41M	38M	-
Elimination of Intersegment Transactions	-16M	-14M	-15M	-30M	-
Total Assets	992M	791M	928M	1.21B	-
Operating Income	-280M	-240M	-285M	-336M	-
D&A	-	9M	7M	-	-
EBITDA	-251M	-211M	-180M	-168M	-
Total Assets	418M	312M	343M	693M	-

Geographical breakdown of sales (EUR)

Fiscal Period: December	2021	2022	2023	2024	2025
United States (U.S.)	4.08B	5.16B	5.58B	5.97B	-
Netherlands	183M	229M	178M	178M	-
France	388M	399M	444M	459M	-
Germany	465M	499M	576M	604M	-
Japan	628M	699M	768M	761M	-
United Kingdom (U.K.)	785M	936M	941M	1.06B	-
Rest of The World	1.97B	2.42B	2.62B	2.8B	-
Total Assets	-	-	-	-	-
Total Assets	-	-	-	-	-
Latin America	-	-	-	-	-
Total Assets	-	-	-	-	-
Asia	-	-	-	-	-
Europe	-	-	-	-	-
Total Assets	-	-	-	-	-
North America	-	-	-	-	-
Total Assets	-	-	-	-	-