Luckin Coffee (LKNCY) EBITDA Margin (2020 - 2026)
Luckin Coffee's EBITDA Margin was 10.38% in Q2 2026, down 0.34 percentage points from 10.72% a year earlier but up 8.18 percentage points from the prior quarter.
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Analysis
Luckin Coffee (LKNCY) EBITDA Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Luckin Coffee's EBITDA Margin was 6.56% through Jun 30, 2026, down 2.34 percentage points year-over-year; for FY2025, it was 13.45%, down 0.26 percentage points from FY2024.
- EBITDA Margin shows a five-year change of +65.61 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 13.71% in FY2024 (-0.86 pp), 14.58% in FY2023 (+2.93 pp), 11.65% in FY2022 (+12.57 pp) and -0.92% in FY2021 (+51.24 pp).
- Quarterly EBITDA Margin has moved between -9.09% (Q4 2021) and 16.85% (Q2 2023) over five years.
- Compared with a year earlier, EBITDA Margin has declined for five straight quarters, with an average year-over-year change of +0.32 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was Q4 2021 (a gain of 36.34 percentage points); the worst was Q1 2024 (a drop of 18.01 percentage points).
- Per Business Quant data, LKNCY's EBITDA Margin in the three quarters before Q2 2026 was 2.20% (Q1 2026), 3.03% (Q4 2025) and 8.94% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 197.03 Bn | 191.85 Bn | 6.42 Bn | 54.98% |
| 2 | Starbucks | 121.44 Bn | 109.07 Bn | - | 14.70% |
| 3 | Yum Brands | 45.58 Bn | 42.47 Bn | 1.47 Bn | 32.96% |
| 4 | Chipotle Mexican Grill | 45.08 Bn | 41.58 Bn | - | 16.84% |
| 5 | Restaurant Brands International | 27.34 Bn | 23.13 Bn | 1.40 Bn | 30.73% |
| 6 | Darden Restaurants | 25.92 Bn | 25.01 Bn | 1.68 Bn | 14.48% |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 30.73% |
| 8 | Yum China Holdings | 17.29 Bn | 10.94 Bn | 537.00 Mn | 14.91% |
| 9 | Texas Roadhouse | 12.62 Bn | 11.96 Bn | - | 11.97% |
| 10 | Luckin Coffee | 10.74 Bn | 5.83 Bn | 1.64 Bn | 12.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.66% |
| Jun 30, 2026 | 10.38% |
| Mar 31, 2026 | 2.20% |
| Dec 31, 2025 | 3.03% |
| Sep 30, 2025 | 8.94% |
| Jun 30, 2025 | 10.72% |
| Mar 31, 2025 | 4.51% |
| Dec 31, 2024 | 6.90% |
| Sep 30, 2024 | 12.26% |
| Jun 30, 2024 | 15.94% |
| Mar 31, 2024 | -5.17% |
| Dec 31, 2023 | 0.06% |
| Sep 30, 2023 | 11.13% |
| Jun 30, 2023 | 16.85% |
| Mar 31, 2023 | 12.85% |
| Dec 31, 2022 | 5.91% |
| Sep 30, 2022 | 12.35% |
| Jun 30, 2022 | 4.44% |
| Mar 31, 2022 | -3.31% |
| Dec 31, 2021 | -9.09% |
API Access
Luckin Coffee EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=LKNCY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "LKNCY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=LKNCY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();