Asia Pacific Wire & Cable (APWC) Operating Margin (2009 - 2025)
Asia Pacific Wire & Cable (APWC) posted quarterly Operating Margin of 2.12% for Q4 2025, down 195.0% year-over-year from 2.23% in Q4 2024, and down 28.48% quarter-over-quarter from 2.96% in Q3 2025.
Asia Pacific Wire & Cable (APWC) Operating Margin (2009 - 2025) Analysis & Trends
Asia Pacific Wire & Cable (APWC) has reported Operating Margin for 17 consecutive years, with 2.12% the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Margin fell 195.0% year-over-year to 2.12%; the TTM figure through Dec 2025 stood at 1.3% (down 82.0% YoY), while the FY2025 annual figure was 1.3%, down 82.0% from the prior year.
- Operating Margin slipped to 2.12% in Q4 2025 per APWC's latest filing, from 2.96% in the prior quarter.
- Across five years, Operating Margin topped out at 4.06% in Q4 2024 and bottomed at 2.72% in Q1 2025.
- Historically, Operating Margin has averaged 1.23% across 5 years, with a median of 1.96% in 2021.
- On a YoY basis, Operating Margin climbed as much as 272 bps in 2025 and fell as far as 482 bps in 2025.
- Asia Pacific Wire & Cable's Operating Margin stood at 1.96% in 2021, then plunged by 37 bps to 1.23% in 2022, then plunged by 97 bps to 0.04% in 2023, then jumped by 10769 bps to 4.06% in 2024, then sank by 48 bps to 2.12% in 2025.
- Business Quant data shows APWC's Operating Margin at 2.12% in Q4 2025, 2.96% in Q3 2025, and 1.96% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 19.48% |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 17.11% |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 20.44% |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 20.36% |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 16.57% |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 16.14% |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 20.55% |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 16.18% |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 23.87% |
| 10 | Asia Pacific Wire & Cable | 58.55 Mn | -6.03 Mn | 11.01 Mn | 2.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.12% |
| Sep 30, 2025 | 2.96% |
| Jun 30, 2025 | 1.96% |
| Mar 31, 2025 | -2.72% |
| Dec 31, 2024 | 4.06% |
| Sep 30, 2024 | 2.65% |
| Jun 30, 2024 | -0.76% |
| Mar 31, 2024 | 2.10% |
| Sep 30, 2023 | 0.04% |
| Jun 30, 2023 | -1.44% |
| Sep 30, 2022 | 1.23% |
| Jun 30, 2022 | 0.88% |
| Sep 30, 2021 | 1.96% |
| Jun 30, 2021 | 2.20% |
| Sep 30, 2020 | 2.87% |
| Sep 30, 2019 | -1.22% |
| Jun 30, 2019 | -4.16% |
| Mar 31, 2019 | -0.23% |
| Dec 31, 2018 | 0.31% |
| Sep 30, 2018 | 1.56% |