Autohome (ATHM) Operating Margin (2012 - 2025)
Autohome (ATHM) posted quarterly Operating Margin of 6.31% for Q4 2025, down 672.0% year-over-year from 1.1% in Q4 2024, and down 23.69% quarter-over-quarter from 8.27% in Q3 2025.
Autohome (ATHM) Operating Margin (2012 - 2025) Analysis & Trends
Autohome's Operating Margin history runs 14 years deep, the most recent figure standing at 6.31% for Q4 2025.
- In Q4 2025, Operating Margin fell 672.0% year-over-year to 6.31%; the TTM figure through Dec 2025 stood at 11.87% (down 230.0% YoY), while the FY2025 annual figure was 1138.91%, up 112465.0% from the prior year.
- Operating Margin for Q4 2025 stood at 6.31%, down from 8.27% in the prior quarter.
- The five-year high for Operating Margin was 34.72% in Q2 2021, with the low at 4.66% in Q3 2024.
- The 5-year median for Operating Margin is 17.02% (2024), against an average of 16.8%.
- The sharpest annual moves came in 2021 and 2022: Operating Margin plunged 2770 bps in 2021, then surged 1667 bps in 2022.
- Autohome's Operating Margin stood at 10.45% in 2021, then surged by 160 bps to 27.11% in 2022, then retreated by 29 bps to 19.19% in 2023, then plunged by 32 bps to 13.03% in 2024, then slumped by 52 bps to 6.31% in 2025.
- Business Quant data shows ATHM's Operating Margin at 6.31% in Q4 2025, 8.27% in Q3 2025, and 16.87% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | 30.88% |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | 1.52% |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | 10.65% |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | 23.32% |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | 3.14% |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 18.99% |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | -32.08% |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | 28.79% | |
| 10 | Autohome | 10.82 Bn | 10.51 Bn | 163.46 Mn | 6.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 6.31% |
| Sep 30, 2025 | 8.27% |
| Jun 30, 2025 | 16.87% |
| Mar 31, 2025 | 16.05% |
| Dec 31, 2024 | 13.03% |
| Sep 30, 2024 | 4.66% |
| Jun 30, 2024 | 22.02% |
| Mar 31, 2024 | 17.16% |
| Dec 31, 2023 | 19.19% |
| Sep 30, 2023 | 8.71% |
| Jun 30, 2023 | 18.63% |
| Mar 31, 2023 | 17.16% |
| Dec 31, 2022 | 27.11% |
| Sep 30, 2022 | 10.40% |
| Jun 30, 2022 | 17.38% |
| Mar 31, 2022 | 16.40% |
| Dec 31, 2021 | 10.45% |
| Sep 30, 2021 | 20.70% |
| Jun 30, 2021 | 34.72% |
| Mar 31, 2021 | 30.77% |