Tencent Music Entertainment (TME) Return on Capital Employed (2018 - 2026)

Tencent Music Entertainment has disclosed Return on Capital Employed across 9 years of filings, most recently posting 13.09% for Q1 2026.

• Return on Capital Employed for Q1 2026 came in at 13.09%, down 215.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.09% (down 215.0% YoY), and the FY2025 annual result was 16.71%, up 381.0% from the prior year.
• Return on Capital Employed came in at 13.09% for Q1 2026 at Tencent Music Entertainment, down from 14.86% in the prior quarter.
• In the past five years, Return on Capital Employed ranged from a high of 15.25% in Q1 2025 to a low of 6.04% in Q1 2022.
• The 5-year median for Return on Capital Employed is 10.02% (2023), against an average of 10.59%.
• Across the five-year window, Return on Capital Employed jumped 494 bps in 2025 and slumped 215 bps in 2026, its largest moves.
• Tencent Music Entertainment's Return on Capital Employed stood at 8.5% in 2022, then gained by 18 bps to 10.02% in 2023, then increased by 8 bps to 10.87% in 2024, then jumped by 37 bps to 14.86% in 2025, then declined by 12 bps to 13.09% in 2026.
• The last three Return on Capital Employed figures came in at 13.09% (Q1 2026), 14.86% (Q4 2025), and 13.87% (Q3 2025), per Business Quant data.