Tencent Music Entertainment (TME) Operating Margin (2016 - 2022)
Tencent Music Entertainment's (TME) quarterly Operating Margin came in at 15.13% in Q2 2022, up 222.0% year-on-year from 4.7% in Q2 2021, and up 17.2% quarter-over-quarter from 12.91% in Q2 2021.
Tencent Music Entertainment (TME) Operating Margin (2016 - 2022) Analysis & Trends
Tencent Music Entertainment has disclosed Operating Margin across 5 years of filings, most recently posting 15.13% for Q2 2022.
- Operating Margin for Q2 2022 came in at 15.13%, up 222.0% year-over-year; the trailing twelve-month figure through Jun 2022 was 12.43% (down 545.0% YoY), and the FY2025 annual result 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.
- The 4-year median for Operating Margin is 18.32% (2019), against an average of 14.99%.
- Peak annual rise in Operating Margin reached 3478 bps in 2019, while the deepest fall reached 412 bps in 2019.
- Tencent Music Entertainment's Operating Margin stood at 18.06% in 2018, then soared by 193 bps to 16.72% in 2019, then fell by 23 bps to 12.91% in 2021, then rose by 17 bps to 15.13% in 2022.
- The last three Operating Margin figures came in at 15.13% (Q2 2022), 12.91% (Q2 2021), and 16.72% (Q4 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | -32.08% |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 36.12% |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 40.62% |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 15.77% |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 27.57% | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | -7.97% | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 30.14% |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | -4.87% |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 5.08% |
| 10 | Tencent Music Entertainment | 2.62 Bn | 1.40 Bn | 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% |