Microvast Holdings (MVST) EBITDA Margin (2020 - 2026)
Microvast Holdings (MVST) posted quarterly EBITDA Margin of 13.09% for Q1 2026, down 2619.0% year-over-year from 0.52% in Q1 2025, and up 69.34% on a QoQ basis from 42.69% in Q4 2025.
Microvast Holdings (MVST) EBITDA Margin (2020 - 2026) Analysis & Trends
Microvast Holdings (MVST) has reported EBITDA Margin for 7 consecutive years, with 13.09% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA Margin fell 2619.0% year-over-year to 13.09%; the TTM figure through Mar 2026 stood at 5.35% (up 1338.0% YoY), while the FY2025 annual figure was 1.63%, up 3220.0% from the prior year.
- EBITDA Margin came in at 13.09% for Q1 2026 at Microvast Holdings, up from 42.69% in the prior quarter.
- The five-year high for EBITDA Margin was 17.75% in Q2 2025, with the low at 118.01% in Q2 2024.
- Average EBITDA Margin over 5 years is 38.17%, with a median of 32.89% recorded in 2023.
- Across the five-year window, EBITDA Margin soared 21104 bps in 2022 and plunged 8216 bps in 2024, its largest moves.
- Year by year, EBITDA Margin stood at 53.44% in 2022, then soared by 60 bps to 21.24% in 2023, then surged by 94 bps to 1.25% in 2024, then sank by 3316 bps to 42.69% in 2025, then surged by 69 bps to 13.09% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 13.09%, 42.69%, and 10.54% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 2.23% |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 19.08% |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 8.34% |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 4.57% |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | -24,400.00% |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 9.51% |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 7.43% |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 8.61% |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 11.09% |
| 10 | Microvast Holdings | 398.83 Mn | 224.83 Mn | 19.16 Mn | -13.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.09% |
| Dec 31, 2025 | -42.69% |
| Sep 30, 2025 | 10.54% |
| Jun 30, 2025 | 17.75% |
| Mar 31, 2025 | 13.10% |
| Dec 31, 2024 | -1.25% |
| Sep 30, 2024 | 7.09% |
| Jun 30, 2024 | -118.01% |
| Mar 31, 2024 | -28.42% |
| Dec 31, 2023 | -21.24% |
| Sep 30, 2023 | -32.89% |
| Jun 30, 2023 | -35.84% |
| Mar 31, 2023 | -66.63% |
| Dec 31, 2022 | -53.44% |
| Sep 30, 2022 | -96.05% |
| Jun 30, 2022 | -69.82% |
| Mar 31, 2022 | -117.97% |
| Dec 31, 2021 | -71.28% |
| Sep 30, 2021 | -307.09% |
| Jun 30, 2021 | -66.94% |