Growth Metrics

Tencent Music Entertainment (TCMEF) Invested Capital (2016 - 2026)

Tencent Music Entertainment recorded quarterly Invested Capital of $10.7 billion in Q1 2026, down 6.6% quarter-over-quarter from $11.5 billion in Q4 2025, and up 6.35% year-over-year from $10.1 billion in Q1 2025.

Tencent Music Entertainment's Invested Capital history runs 11 years deep, the most recent figure standing at $10.7 billion for Q1 2026.

  • In Q1 2026, Invested Capital rose 6.35% year-over-year to $10.7 billion; the TTM figure through Mar 2026 stood at $10.7 billion (up 6.35% YoY), while the FY2025 annual figure was $11.7 billion, up 23.18% from the prior year.
  • Invested Capital came in at $10.7 billion for Q1 2026 at Tencent Music Entertainment, down from $11.5 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $11.6 billion in Q2 2025 to a low of $6.9 billion in Q3 2022.
  • A 5-year average of $8.8 billion and a median of $8.1 billion in 2023 frame the typical range for Invested Capital.
  • Across the five-year window, Invested Capital slipped 13.44% in 2022 and soared 37.15% in 2025, its largest moves.
  • Tencent Music Entertainment's Invested Capital stood at $6.9 billion in 2022, then grew by 15.01% to $7.9 billion in 2023, then increased by 20.88% to $9.6 billion in 2024, then gained by 19.58% to $11.5 billion in 2025, then slipped by 6.6% to $10.7 billion in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $10.7 billion, $11.5 billion, and $11.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Alphabet 4,554.43 Bn 4,338.81 Bn 102.29 Bn 478.75 Bn
2 Meta Platforms 1,602.78 Bn 1,521.60 Bn 46.09 Bn 243.68 Bn
3 Spotify Technology 119.86 Bn 109.62 Bn 1.75 Bn 9.40 Bn
4 Reddit 33.71 Bn 30.94 Bn 511.94 Mn 3.18 Bn
5 Nebius 22.38 Bn 22.38 Bn 295.20 Mn 18.40 Mn
6 Pinterest 12.76 Bn 11.46 Bn 768.96 Mn 2.85 Bn
7 Kanzhun 12.59 Bn 10.49 Bn 255.62 Bn -
8 Snap 9.64 Bn 6.81 Bn 1.29 Bn 5.62 Bn
9 Match 8.43 Bn 7.41 Bn 653.28 Mn 3.33 Bn
10 Tencent Music Entertainment - - 514.00 Mn 10.73 Bn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 10.78 Bn
Dec 31, 2025 11.49 Bn
Sep 30, 2025 11.56 Bn
Jun 30, 2025 11.60 Bn
Mar 31, 2025 10.09 Bn
Dec 31, 2024 9.61 Bn
Jun 30, 2024 8.46 Bn
Mar 31, 2024 8.30 Bn
Dec 31, 2023 7.95 Bn
Sep 30, 2023 7.46 Bn
Jun 30, 2023 7.65 Bn
Mar 31, 2023 7.45 Bn
Dec 31, 2022 6.91 Bn
Sep 30, 2022 6.90 Bn
Jun 30, 2022 7.05 Bn
Mar 31, 2022 7.64 Bn
Dec 31, 2021 7.99 Bn
Sep 30, 2021 7.72 Bn
Jun 30, 2021 8.02 Bn
Mar 31, 2021 7.97 Bn
Dec 31, 2020 7.96 Bn
Jun 30, 2020 6.97 Bn
Mar 31, 2020 6.20 Bn
Dec 31, 2019 6.20 Bn
Sep 30, 2019 5.93 Bn
Jun 30, 2019 6.00 Bn
Mar 31, 2019 5.86 Bn
Dec 31, 2018 5.46 Bn
Dec 31, 2017 3.95 Bn
Dec 31, 2016 3.02 Bn