MINISO Group Holding (MNSO) Operating Margin (2019 - 2026)
MINISO Group Holding (MNSO) posted Operating Margin of 2.04% for the quarter ended Jun 30, 2026, down 14.80 percentage points from 16.84% a year earlier and down 24.71 percentage points from the prior quarter.
MINISO Group Holding (MNSO) Operating Margin (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at MINISO Group Holding was 14.37%, down 3.70 percentage points year-over-year; for the year ended Dec 31, 2025, it was 15.40%, down 4.11 percentage points from the prior year.
- Annual Operating Margin shows a five-year change of +6.87 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, MINISO Group Holding's Operating Margin was 19.51% in the year ended Dec 31, 2024 (-0.85 pp), 20.36% in the year ended Dec 31, 2023 (+19.29 pp), 1.06% in the year ended Dec 31, 2022 and 4.42% in the year ended Jun 30, 2021 (-4.12 pp).
- The figure for the quarter ended Jun 30, 2026 stands as the lowest quarterly Operating Margin in data going back to the quarter ended Dec 31, 2022.
- On a year-over-year basis, Operating Margin increased in two of the last six quarters, with an average year-over-year change of -2.58 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 26.75% (quarter ended Mar 31, 2026), 14.56% (quarter ended Dec 31, 2025) and 14.60% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 13.69% |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 14.29% |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 13.09% |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 13.67% |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 17.62% |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 9.65% |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 20.15% |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 9.22% |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 19.08% |
| 10 | MINISO Group Holding | 2.88 Bn | 2.89 Bn | 387.56 Mn | 2.04% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.04% |
| Mar 31, 2026 | 26.75% |
| Dec 31, 2025 | 14.56% |
| Sep 30, 2025 | 14.60% |
| Jun 30, 2025 | 16.84% |
| Mar 31, 2025 | 16.03% |
| Dec 31, 2024 | 20.55% |
| Sep 30, 2024 | 18.85% |
| Jun 30, 2024 | 18.62% |
| Mar 31, 2024 | 19.96% |
| Dec 31, 2023 | 19.93% |
| Sep 30, 2023 | 20.79% |
| Jun 30, 2023 | 21.22% |
| Mar 31, 2023 | 19.50% |
| Dec 31, 2022 | 17.94% |
| Sep 30, 2022 | 18.38% |
| Jun 30, 2022 | 11.74% |
| Dec 31, 2021 | 9.21% |
| Sep 30, 2021 | 8.04% |
| Jun 30, 2021 | 7.60% |
MINISO Group Holding Operating 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=operating-margin&ticker=MNSO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "MNSO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=MNSO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();