Growth Metrics

Microvast Holdings (MVST) FCF Margin (2020 - 2026)

Microvast Holdings' quarterly FCF Margin came in at 42.32% in Q1 2026, down 4646.0% year-on-year from 0.93% in Q1 2025, and down 358.55% quarter-over-quarter from 16.37% in Q4 2025.

Microvast Holdings has reported FCF Margin for 7 years, with the latest figure at 42.32% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 4646.0% year-over-year to 42.32%; the trailing twelve-month figure through Mar 2026 stood at 6.89% (up 1415.0% YoY), and the FY2025 full-year result was 13.12%, up 2448.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 42.32%, down from 16.37% in the prior quarter.
  • The five-year high for FCF Margin was 37.54% in Q2 2025, with the low at 179.93% in Q1 2022.
  • Average FCF Margin over 5 years is 40.8%, with a median of 24.41% recorded in 2023.
  • Year-over-year, FCF Margin slumped 4987 bps in 2022 and surged 11342 bps in 2024.
  • Tracing MVST's FCF Margin over 5 years: stood at 94.9% in 2022, then soared by 74 bps to 24.41% in 2023, then surged by 171 bps to 17.22% in 2024, then decreased by 5 bps to 16.37% in 2025, then slumped by 359 bps to 42.32% in 2026.
  • The last three FCF Margin figures came in at 42.32% (Q1 2026), 16.37% (Q4 2025), and 0.96% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 O Reilly Automotive 77.46 Bn 77.21 Bn 2.35 Bn 17.29%
2 Autozone 56.88 Bn 56.59 Bn 2.24 Bn 0.83%
3 Genuine Parts 13.45 Bn 12.97 Bn 2.34 Bn -0.54%
4 Modine Manufacturing 13.16 Bn 13.07 Bn 186.10 Mn -2.12%
5 Borgwarner 13.07 Bn 13.23 Bn 677.00 Mn 0.25%
6 Aptiv 11.89 Bn 8.82 Bn 920.00 Mn -7.12%
7 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 8.63%
8 Allison Transmission Holdings 9.02 Bn 8.71 Bn 406.00 Mn 10.53%
9 Autoliv 9.01 Bn 8.66 Bn 526.00 Mn -5.85%
10 Microvast Holdings 458.66 Mn 284.66 Mn 19.16 Mn -42.32%

Historic Data

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DateValue
Mar 31, 2026 -42.32%
Dec 31, 2025 16.37%
Sep 30, 2025 0.96%
Jun 30, 2025 37.54%
Mar 31, 2025 4.14%
Dec 31, 2024 17.22%
Sep 30, 2024 -50.94%
Jun 30, 2024 -3.39%
Mar 31, 2024 -10.09%
Dec 31, 2023 -24.41%
Sep 30, 2023 -14.35%
Jun 30, 2023 -116.81%
Mar 31, 2023 -100.24%
Dec 31, 2022 -94.90%
Sep 30, 2022 -30.73%
Jun 30, 2022 -101.65%
Mar 31, 2022 -179.93%
Dec 31, 2021 -101.14%
Sep 30, 2021 -55.53%
Jun 30, 2021 -51.78%
Mar 31, 2021 -184.78%
Dec 31, 2020 13.48%
Sep 30, 2020 20.63%