Universal Music Valuation Multiples

Universal Music Overview

About Universal Music

Universal Music is the largest of the three major record companies. Recorded music accounts for most of the firm’s revenue, with the segment housing more than a dozen record labels, including notable names like Interscope, Capital Music, Motown Records, and Def Jam. Some of the most successful current artists signed to record deals with Universal include Taylor Swift, Drake, The Weeknd, and Morgan Wallen. Most of Universal’s remaining revenue comes from its publishing segment, which generates revenue for songwriters and composers, including some of Universal’s recording artists as well as songwriters and composers who do not record music themselves or are attached to other labels. Universal’s publishing group has nearly 4.5 million owned or administered titles in its catalog.

Founded

2020

HQ

Employees

10.3K

Website

universalmusic.com

Sectors

MusicContent Production

Financials (LTM)

Revenue: $15B

EBITDA: $3B

EV

$44B

Valuation Multiples

Multiples.vc

Start free trial

Universal Music Financials

Universal Music reported last 12-month revenue of $15B and EBITDA of $3B.

In the same LTM period, Universal Music generated $5B in gross profit, $3B in EBITDA, and $2B in net income.

Universal Music P&L

In the most recent fiscal year, Universal Music reported revenue of $14B and EBITDA of $3B.

Universal Music expects next 12-month revenue of XXX and NTM EBITDA of XXX

Universal Music Stock Performance

Universal Music has current market cap of $40B, and enterprise value of $44B.

Universal Music's stock price is $21.89.

Universal Music Valuation Multiples

Universal Music trades at 3.0x EV/Revenue multiple, and 13.7x EV/EBITDA.

Universal Music Financial Valuation Multiples

As of April 5, 2026, Universal Music has market cap of $40B and EV of $44B.

Equity research analysts estimate Universal Music's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Universal Music has a P/E ratio of 22.0x.

Universal Music Margins & Growth Rates

Universal Music's revenue in the last 12 month grew by 8%.

Universal Music's revenue per employee in the last FY averaged $1.4M, while opex per employee averaged $0.4M for the same period.

Universal Music's rule of 40 is 30% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Universal Music's rule of X is 42% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Universal Music Public Comps

See public comps and valuation multiples for other Music and Content Production comps.

Universal Music M&A Activity

Universal Music acquired XXX companies to date.

Last acquisition by Universal Music was on XXXXXXXX, XXXXX. Universal Music acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Universal Music Investment Activity

Universal Music invested in XXX companies to date.

Universal Music made its latest investment on XXXXXXXX, XXXXX. Universal Music invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).