MINISO Group Holding (MNSO) EBITDA Margin (2019 - 2025)
MINISO Group Holding (MNSO) posted quarterly EBITDA Margin of 14.56% for Q4 2025, down 599.0% year-over-year from 2.92% in Q4 2024, and little changed quarter-over-quarter from 14.53% in Q3 2025.
MINISO Group Holding (MNSO) EBITDA Margin (2019 - 2025) Analysis & Trends
MINISO Group Holding (MNSO) has reported EBITDA Margin for 7 consecutive years, with 14.56% the latest figure, recorded in Q4 2025.
- In Q4 2025, EBITDA Margin fell 599.0% year-over-year to 14.56%; the TTM figure through Dec 2025 stood at 15.33% (down 547.0% YoY), while the FY2025 annual figure was 15.4%, down 411.0% from the prior year.
- EBITDA Margin was little changed at 14.56% in Q4 2025 per MNSO's latest filing, from 14.53% in the prior quarter.
- Across five years, EBITDA Margin topped out at 26.75% in Q3 2023 and bottomed at 7.22% in Q1 2021.
- Historically, EBITDA Margin has averaged 17.09% across 5 years, with a median of 17.94% in 2022.
- Annual changes were most pronounced in 2022 — EBITDA Margin jumped 1688 bps — and 2025, when it plunged 992 bps.
- MINISO Group Holding's EBITDA Margin stood at 9.21% in 2021, then soared by 95 bps to 17.94% in 2022, then advanced by 13 bps to 20.36% in 2023, then rose by 1 bps to 20.55% in 2024, then decreased by 29 bps to 14.56% in 2025.
- Business Quant data shows MNSO's EBITDA Margin at 14.56% in Q4 2025, 14.53% in Q3 2025, and 16.68% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 7.66% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 20.27% |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 14.17% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 10.29% |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 4.14% |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 8.73% |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 12.00% |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 4.48% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 21.99% |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 Mn | 14.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 14.56% |
| Sep 30, 2025 | 14.53% |
| Jun 30, 2025 | 16.68% |
| Mar 31, 2025 | 16.01% |
| Dec 31, 2024 | 20.55% |
| Sep 30, 2024 | 18.85% |
| 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 | 11.74% |
| Dec 31, 2021 | 9.21% |
| Sep 30, 2021 | 8.01% |
| Jun 30, 2021 | 7.60% |
| Mar 31, 2021 | 7.22% |
| Dec 31, 2020 | 2.36% |