Tencent Music Entertainment (TCMEF) Operating Margin (2016 - 2022)
Tencent Music Entertainment recorded quarterly Operating Margin of 15.13% in Q2 2022, up 17.2% quarter-over-quarter from 12.91% in Q2 2021, and up 222.0% year-over-year from 4.7% in Q2 2021.
Tencent Music Entertainment's Operating Margin history runs 5 years deep, the most recent figure standing at 15.13% for Q2 2022.
- In Q2 2022, Operating Margin rose 222.0% year-over-year to 15.13%; the TTM figure through Jun 2022 stood at 12.43% (down 545.0% YoY), while the FY2025 annual figure was 41.19%, up 1102.0% from the prior year.
- Operating Margin came in at 15.13% for Q2 2022 at Tencent Music Entertainment, up from 12.91% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 22.67% in Q1 2018 to a low of 18.06% in Q4 2018.
- A 4-year average of 14.99% and a median of 18.32% in 2019 frame the typical range for Operating Margin.
- On a YoY basis, Operating Margin climbed as much as 3478 bps in 2019 and fell as far as 412 bps in 2019.
- Tencent Music Entertainment's Operating Margin stood at 18.06% in 2018, then jumped by 193 bps to 16.72% in 2019, then retreated by 23 bps to 12.91% in 2021, then gained by 17 bps to 15.13% in 2022.
- According to Business Quant data, Operating Margin over the past three periods registered 15.13%, 12.91%, and 16.72% for Q2 2022, Q2 2021, and Q4 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 36.12% |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 40.62% |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 15.77% |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 27.57% | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | -32.08% |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | -7.97% | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 30.14% |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | -4.87% |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 27.37% |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 15.13% |
| Jun 30, 2021 | 12.91% |
| Dec 31, 2019 | 16.72% |
| Sep 30, 2019 | 18.24% |
| Jun 30, 2019 | 18.39% |
| Mar 31, 2019 | 20.00% |
| Dec 31, 2018 | -18.06% |
| Sep 30, 2018 | 21.37% |
| Jun 30, 2018 | 22.52% |
| Mar 31, 2018 | 22.67% |
| Dec 31, 2016 | 2.40% |