Earnings per Share (Tables)

12 Months Ended

Sep. 30, 2024

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the calculation of basic and diluted net income per common share under the two-class method (in millions, except share amounts, which are reflected in thousands, and per share data):


	Fiscal Year Ended September 30,
	2024				2023				2022
	Class A		Class B		Class A		Class B		Class A		Class B
Basic and Diluted EPS:
Numerator
Net income attributable to Warner Music Group Corp.	$	122	$	313	$	119	$	311	$	149	$	402
Less: Net income attributable to participating securities (a)	(6)		—		(6)		—		(7)		—
Net income attributable to common stockholders	$	116	$	313	$	113	$	311	$	142	$	402
Denominator
Weighted average shares outstanding	140,882		376,641		138,070		377,650		133,662		381,046
Basic and Diluted EPS	$	0.83	$	0.83	$	0.82	$	0.82	$	1.06	$	1.06

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(a)Participating securities include unvested restricted stock units, which include the right to receive non-forfeitable dividend equivalents.