Tencent Music Entertainment (TME) EBITDA Margin (2025 - 2026)
Tencent Music Entertainment's EBITDA Margin came in at 45.37% for FY2025, up 11.76 percentage points from 33.62% in FY2024.
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Analysis
Tencent Music Entertainment (TME) EBITDA Margin (2025 - 2026) Analysis & Trends
Going back to FY2016, Tencent Music Entertainment's EBITDA Margin data covers 10 years.
- EBITDA Margin has increased in each of the last four years, with a five-year change of +26.13 percentage points (FY2020 to FY2025).
- The FY2025 figure represents the highest annual EBITDA Margin since FY2017.
- Per Business Quant, earlier years put EBITDA Margin at 33.62% in FY2024 (+7.87 pp), 25.75% in FY2023 (+5.49 pp), 20.26% in FY2022 (+4.86 pp) and 15.40% in FY2021 (-3.84 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 39.96% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 41.33% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 68.51% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | - |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 13.82% |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 14.69% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 35.76% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 14.32% |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn | 1,344.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1,344.98% |
| Mar 31, 2026 | 1,090.24% |
| Jun 30, 2025 | 1,188.19% |
API Access
Tencent Music Entertainment EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "TME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();