MINISO Group Holding (MNSO) EBITDA Margin (2019 - 2025)

MINISO Group Holding (MNSO) reported EBITDA Margin of 2.57% for Q4 2025, down 1798.0% year-over-year from 0.15% in Q4 2024, and down 65.03% quarter-over-quarter from 7.34% in Q3 2025.

MINISO Group Holding (MNSO) EBITDA Margin (2019 - 2025) Analysis & Trends

MINISO Group Holding (MNSO) has 7 years of EBITDA Margin data on file, last reported at 2.57% in Q4 2025.

  • EBITDA Margin for Q4 2025 came in at 2.57%, down 1798.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 5.64% (down 1690.0% YoY), and the FY2025 annual result was 15.4%, down 411.0% from the prior year.
  • EBITDA Margin retreated to 2.57% in Q4 2025 per MNSO's latest filing, from 7.34% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 26.75% in Q3 2023 and troughed at 2.57% in Q4 2025.
  • A 5-year average of 16.03% and a median of 17.94% in 2022 frame the typical range for EBITDA Margin.
  • The sharpest annual moves came in 2021 and 2022: EBITDA Margin plunged 7458 bps in 2021, then jumped 1685 bps in 2022.
  • A 5-year view of EBITDA Margin shows it stood at 6.69% in 2021, then soared by 168 bps to 17.94% in 2022, then gained by 13 bps to 20.36% in 2023, then increased by 1 bps to 20.55% in 2024, then slumped by 88 bps to 2.57% in 2025.
  • Business Quant data shows MNSO's EBITDA Margin at 2.57% in Q4 2025, 7.34% in Q3 2025, and 16.68% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 7.89%
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 20.27%
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 12.23%
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 2.96%
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 6.50%
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 4.14%
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 17.99%
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 4.26%
10 MINISO Group Holding 173,419.49 -989.43 Mn 409.04 Mn 2.57%

Historic Data

Download Data
DateValue
Dec 31, 2025 2.57%
Sep 30, 2025 7.34%
Jun 30, 2025 16.68%
Mar 31, 2025 16.01%
Dec 31, 2024 20.55%
Sep 30, 2024 25.20%
Jun 30, 2024 18.62%
Mar 31, 2024 25.93%
Dec 31, 2023 20.36%
Sep 30, 2023 26.75%
Jun 30, 2023 21.22%
Mar 31, 2023 24.00%
Dec 31, 2022 17.94%
Sep 30, 2022 24.89%
Jun 30, 2022 10.83%
Dec 31, 2021 6.69%
Sep 30, 2021 8.04%
Jun 30, 2021 5.44%
Mar 31, 2021 5.50%
Dec 31, 2020 0.37%