Tencent Music Entertainment (TME) EBITDA Margin (2016 - 2022)
Tencent Music Entertainment (TME) posted EBITDA Margin of 14.9% for Q2 2022, up 32.17% sequentially from 11.27% in Q1 2022, and up 199.0% YoY from 4.98% in Q2 2021.
Tencent Music Entertainment (TME) EBITDA Margin (2016 - 2022) Analysis & Trends
Tencent Music Entertainment has reported EBITDA Margin for 5 years, with the latest figure at 14.9% in Q2 2022.
- Quarterly EBITDA Margin rose 199.0% year-over-year to 14.9% in Q2 2022, while the trailing twelve-month figure through Jun 2022 was 11.54% (down 492.0% YoY) and the FY2025 annual result came in at 41.19%, up 1102.0% from the prior year.
- EBITDA Margin climbed to 14.9% in Q2 2022 per TME's latest filing, from 11.27% in the prior quarter.
- Over five years, EBITDA Margin peaked at 22.67% in Q1 2018 and troughed at 18.06% in Q4 2018.
- A 4-year average of 14.63% and a median of 17.48% in 2019 frame the typical range for EBITDA Margin.
- The widest YoY moves for EBITDA Margin: up 3478 bps in 2019, down 412 bps in 2019.
- Over 4 years, EBITDA Margin stood at 18.06% in 2018, then surged by 193 bps to 16.72% in 2019, then decreased by 23 bps to 12.91% in 2021, then increased by 15 bps to 14.9% in 2022.
- According to Business Quant data, EBITDA Margin over the past three periods registered 14.9%, 11.27%, and 12.91% for Q2 2022, Q1 2022, and Q2 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,239.00 Bn | 3,809.96 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,535.20 Bn | 1,444.94 Bn | 49.47 Bn | 30.88% |
| 3 | Taboola.com | 1,139.07 Bn | 1,138.93 Bn | 139.48 Mn | 1.52% |
| 4 | Baidu | 289.02 Bn | 284.53 Bn | 1.88 Mn | 18.86% |
| 5 | Spotify Technology | 102.92 Bn | 92.68 Bn | 1.75 Bn | 23.32% |
| 6 | Joyy | 77.84 Bn | 76.96 Bn | 205.64 Mn | 3.14% |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 18.99% |
| 8 | Nebius | 49.06 Bn | 39.43 Bn | 295.20 Mn | 32.46% |
| 9 | 30.48 Bn | 27.70 Bn | 734.60 Mn | 28.79% | |
| 10 | Tencent Music Entertainment | 27.04 Bn | 24.34 Bn | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 14.90% |
| Mar 31, 2022 | 11.27% |
| Jun 30, 2021 | 12.91% |
| Mar 31, 2021 | 14.75% |
| Dec 31, 2019 | 16.72% |
| Sep 30, 2019 | 18.24% |
| Jun 30, 2019 | 18.39% |
| Mar 31, 2019 | 19.87% |
| Dec 31, 2018 | -18.06% |
| Sep 30, 2018 | 21.37% |
| Jun 30, 2018 | 22.52% |
| Mar 31, 2018 | 22.67% |
| Dec 31, 2016 | 0.94% |