Universal Music Group/€UMG

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About Universal Music Group

Universal Music Group is a prominent player in the music entertainment industry, specializing in music production, publishing, and licensing. The company manages an extensive catalog of recordings and songs across various genres, working with a wide array of artists globally. Originating from the merger of several historic music companies, it holds a rich legacy in the industry. Headquartered in Hilversum, Netherlands, Universal Music Group operates internationally, leveraging its extensive reach to sustain its global presence. Its unique strategic advantage lies in its comprehensive portfolio of artists and its ability to adapt to digital advancements in music consumption.
Ticker
€UMG
Primary listing
AEX
Employees
9,636

UMG Metrics

BasicAdvanced
€27B
83.99
€0.18
0.80
€0.52
3.51%

What the Analysts think about UMG

Analyst ratings (Buy, Hold, Sell) for Universal Music Group stock.
Analyst projections of the future price of Universal Music Group stock.

Bulls say / Bears say

Q2 revenue rose 13.3% year-on-year at constant exchange rates to €3.29 billion, driven by the consolidation of Downtown Music and higher streaming pricing, highlighting UMG’s robust top-line growth. (Reuters)
Recorded music subscription revenue increased 16.6% in constant currency to €1.37 billion in Q2, underscoring UMG’s effective streaming pricing strategy. (Bloomberg)
In May 2026, UMG signed a multi-year strategic licensing agreement with TikTok to strengthen digital distribution, artist monetization, and AI protections, bolstering its platform reach and revenue potential. (Reuters)
UMG shares dropped 25% in late July after slower subscription revenue growth raised concerns about its streaming momentum, indicating investor unease. (Reuters)
Net debt increased to €4.13 billion at the end of H1 2026 from €2.39 billion at the end of 2025, driven by the Downtown acquisition, dividends, and share buybacks, heightening leverage risks. (Reuters)
Second-quarter adjusted EBITDA margin contracted to 20.5% from 22.7% a year earlier, reflecting margin pressures from the Downtown consolidation and adverse mix effects. (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 8 Sept 2026.

UMG Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

UMG Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing UMG

AllEURGBPUSD
Funds
Fund name
Fund size
€UMG weighting
iShares STOXX Europe 600 Media€EXH6
€16M11.98%
iShares AEX€IAEX
€778M2.23%
iShares AEX£IAEX
£668M2.23%
iShares MSCI Europe SRI€IESE
€3.1B0.64%
iShares MSCI Europe SRI£IESG
£2.6B0.53%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.