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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Microvast Holdings (MVST) Operating Margin (2020 - 2025)

Microvast Holdings (MVST) has 6 years of Operating Margin data on record, last reported at 10.54% in Q3 2025.

  • For Q3 2025, Operating Margin rose 345.0% year-over-year to 10.54%; the TTM value through Sep 2025 reached 10.44%, up 4734.0%, while the annual FY2024 figure was 31.27%, 354.0% up from the prior year.
  • Operating Margin reached 10.54% in Q3 2025 per MVST's latest filing, down from 17.75% in the prior quarter.
  • Across five years, Operating Margin topped out at 17.75% in Q2 2025 and bottomed at 307.09% in Q3 2021.
  • Average Operating Margin over 5 years is 58.32%, with a median of 53.44% recorded in 2022.
  • Peak YoY movement for Operating Margin: plummeted -12215bps in 2021, then soared 21104bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 71.28% in 2021, then rose by 25bps to 53.44% in 2022, then soared by 60bps to 21.24% in 2023, then soared by 93bps to 1.52% in 2024, then soared by 793bps to 10.54% in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 10.54% in Q3 2025, 17.75% in Q2 2025, and 16.25% in Q1 2025.