Full Truck Alliance (YMM) Net Margin (2022 - 2025)
Full Truck Alliance (YMM) reported Net Margin of 31.44% for FY2025, up 3.69 percentage points from 27.75% in FY2024.
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Analysis
Full Truck Alliance (YMM) Net Margin (2022 - 2025) Analysis & Trends
Dating back to FY2019, Full Truck Alliance's Net Margin record includes 7 years.
- Net Margin has a five-year change of +189.86 percentage points (FY2020 to FY2025).
- The FY2025 figure ranks as the highest annual Net Margin since FY2022.
- According to Business Quant data, Net Margin came in at 27.75% in FY2024 (-3.07 pp), 30.81% in FY2023 (-4.52 pp), 35.33% in FY2022 (+117.34 pp) and -82.00% in FY2021 (+76.42 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn | 26.07% |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn | 27.08% |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn | 3.92% |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn | 41.92% |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn | 16.87% |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - | 26.52% |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn | 24.19% |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn | 11.41% |
| 10 | Full Truck Alliance | 9.23 Bn | -1.53 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.01% |
| Dec 31, 2024 | 0.01% |
| Dec 31, 2023 | 0.01% |
| Dec 31, 2022 | 0.01% |
API Access
Full Truck Alliance Net 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=net-margin&ticker=YMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "YMM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=YMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();