Tencent Music Entertainment (TME) Operating Margin (2017 - 2026)
Tencent Music Entertainment (TME) reported Operating Margin of 41.19% for FY2025, up 11.02 percentage points from 30.17% in FY2024.
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Analysis
Tencent Music Entertainment (TME) Operating Margin (2017 - 2026) Analysis & Trends
Dating back to FY2016, Tencent Music Entertainment's Operating Margin record includes 10 years.
- Operating Margin has increased for four consecutive years, with a five-year change of +24.78 percentage points (FY2020 to FY2025).
- The FY2025 figure ranks as the highest annual Operating Margin in data going back to FY2016.
- According to Business Quant data, Operating Margin came in at 30.17% in FY2024 (+8.04 pp), 22.13% in FY2023 (+5.97 pp), 16.16% in FY2022 (+3.97 pp) and 12.20% in FY2021 (-4.22 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,170.47 Bn | 3,927.99 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,765.68 Bn | 1,468.20 Bn | 49.47 Bn | 30.88% |
| 3 | Netflix | 294.36 Bn | 254.56 Bn | 6.52 Bn | 33.38% |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn | 5.64% |
| 5 | Shopify | 227.87 Bn | 205.05 Bn | 1.71 Bn | 13.62% |
| 6 | Uber Technologies | 141.82 Bn | 113.62 Bn | 6.38 Bn | 13.32% |
| 7 | Booking Holdings | 126.68 Bn | 59.73 Bn | - | 34.00% |
| 8 | PDD Holdings | 113.62 Bn | -130.15 Bn | 9.45 Bn | 24.71% |
| 9 | Spotify Technology | 109.05 Bn | 66.55 Bn | 1.86 Bn | 13.71% |
| 10 | Tencent Music Entertainment | 13.10 Bn | -9.64 Bn | 579.95 Mn | 1,325.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1,325.33% |
| Mar 31, 2026 | 1,076.02% |
| Dec 31, 2025 | 845.24% |
| Sep 30, 2025 | 1,046.33% |
| Jun 30, 2025 | 1,172.44% |
| Dec 31, 2024 | 589.00% |
| Sep 30, 2024 | 717.06% |
| Jun 30, 2024 | 723.03% |
| Mar 31, 2024 | 621.90% |
| Dec 31, 2023 | 571.33% |
| Sep 30, 2023 | 521.98% |
| Jun 30, 2023 | 580.75% |
| Mar 31, 2023 | 582.70% |
| Dec 31, 2022 | 619.64% |
| Sep 30, 2022 | 677.96% |
| Jun 30, 2022 | 15.13% |
| Mar 31, 2022 | 506.08% |
| Dec 31, 2021 | 434.39% |
| Sep 30, 2021 | 701.53% |
| Jun 30, 2021 | 12.92% |
API Access
Tencent Music Entertainment Operating 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=operating-margin&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();