To the full analysis
Universal Music Group stock: growth
UMG.ASUniversal Music Group reported $13.86B in revenue for fiscal 2025, up 5.7% on the prior year, up 11% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
11%
per year from 2018 to 2025, per share 10.8%
Earnings (Annual rate)
8%
per year from 2018 to 2025, per share 8%
Free cash flow (Annual rate)
14.1%
per year from 2018 to 2025, per share 14%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2018 | |
|---|---|---|
| Revenue | 11.0% | 11.0% |
| Revenue per share | 10.7% | 10.8% |
| Earnings | 2.3% | 8.0% |
| Earnings per share | 2.3% | 8.0% |
| Free cash flow | no data | 14.1% |
| Free cash flow per share | no data | 14.0% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2018 | $6.67B | $993.97M | $705.86M |
| 2019 | $7.93B | $1.08B | $675.94M |
| 2020 | $8.24B | $1.51B | −$76.46M |
| 2021 | $9.42B | $981.78M | $1.2B |
| 2022 | $11.46B | $866.53M | $1.82B |
| 2023 | $12.31B | $1.4B | $1.76B |
| 2024 | $13.11B | $2.31B | $1.45B |
| 2025 | $13.86B | $1.7B | $1.78B |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 1 May 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.