Tencent Music Entertainment (TCMEF) Equity Average (2017 - 2026)
Tencent Music Entertainment recorded quarterly Equity Average of $11.0 billion in Q1 2026, down 3.69% quarter-over-quarter from $11.5 billion in Q4 2025, and up 13.09% year-over-year from $9.8 billion in Q1 2025.
Tencent Music Entertainment's Equity Average history runs 9 years deep, the most recent figure standing at $11.0 billion for Q1 2026.
- In Q1 2026, Equity Average rose 13.09% year-over-year to $11.0 billion; the TTM figure through Mar 2026 stood at $11.0 billion (up 13.09% YoY), while the FY2025 annual figure was $10.4 billion, up 20.51% from the prior year.
- Equity Average came in at $11.0 billion for Q1 2026 at Tencent Music Entertainment, down from $11.5 billion in the prior quarter.
- In the past five years, Equity Average ranged from a high of $11.7 billion in Q3 2025 to a low of $6.8 billion in Q4 2022.
- A 5-year average of $8.6 billion and a median of $7.8 billion in 2022 frame the typical range for Equity Average.
- Across the five-year window, Equity Average declined 13.93% in 2022 and soared 31.03% in 2025, its largest moves.
- Tencent Music Entertainment's Equity Average stood at $6.8 billion in 2022, then rose by 13.22% to $7.7 billion in 2023, then rose by 8.49% to $8.3 billion in 2024, then jumped by 37.9% to $11.5 billion in 2025, then declined by 3.69% to $11.0 billion in 2026.
- According to Business Quant data, Equity Average over the past three periods registered $11.0 billion, $11.5 billion, and $11.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 447.01 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 230.46 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 9.54 Bn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 3.05 Bn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | - |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 3.80 Bn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | - |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 2.18 Bn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | -235.76 Mn |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | 11.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.05 Bn |
| Dec 31, 2025 | 11.47 Bn |
| Sep 30, 2025 | 11.67 Bn |
| Jun 30, 2025 | 10.90 Bn |
| Mar 31, 2025 | 9.77 Bn |
| Jun 30, 2024 | 8.32 Bn |
| Mar 31, 2024 | 8.08 Bn |
| Dec 31, 2023 | 7.67 Bn |
| Sep 30, 2023 | 7.39 Bn |
| Jun 30, 2023 | 7.41 Bn |
| Mar 31, 2023 | 7.17 Bn |
| Dec 31, 2022 | 6.77 Bn |
| Sep 30, 2022 | 6.85 Bn |
| Jun 30, 2022 | 7.35 Bn |
| Mar 31, 2022 | 7.81 Bn |
| Dec 31, 2021 | 7.87 Bn |
| Sep 30, 2021 | 7.89 Bn |
| Jun 30, 2021 | 7.99 Bn |
| Mar 31, 2021 | 7.96 Bn |
| Jun 30, 2020 | 6.58 Bn |
| Mar 31, 2020 | 6.20 Bn |
| Dec 31, 2019 | 6.00 Bn |
| Sep 30, 2019 | 5.89 Bn |
| Jun 30, 2019 | 5.91 Bn |
| Mar 31, 2019 | 5.66 Bn |
| Dec 31, 2017 | 3.49 Bn |