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Asset Utilization RatioAssets AverageDebt RatioEBIT MarginEBITDA MarginEBT MarginEnterprise ValueGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on Invested CapitalReturn on SalesTimes Interest Earned

ZKH (ZKH) Operating Margin: 2022-2025

Historic Operating Margin for ZKH (ZKH) over the last 4 years, with Q3 2025 value amounting to 1.42%.

  • ZKH's Operating Margin rose 33500.0% to 1.42% in Q3 2025 from the same period last year, while for Sep 2025 it was 1.84%, marking a year-over-year increase of 18600.0%. This contributed to the annual value of 4.01% for FY2024, which is 7700.0% up from last year.
  • Latest data reveals that ZKH reported Operating Margin of 1.42% as of Q3 2025, which was up 33500.0% from 3.4% recorded in Q2 2025.
  • In the past 5 years, ZKH's Operating Margin registered a high of 0.29% during Q4 2023, and its lowest value of 7.9% during Q1 2023.
  • For the 4-year period, ZKH's Operating Margin averaged around 4.16%, with its median value being 4.18% (2022).
  • Per our database at Business Quant, ZKH's Operating Margin soared by 37800bps in 2023 and then plummeted by -11200bps in 2024.
  • Over the past 4 years, ZKH's Operating Margin (Quarter) stood at 4.07% in 2022, then soared by 93bps to 0.29% in 2023, then crashed by -385bps to 1.41% in 2024, then decreased by -1bps to 1.42% in 2025.
  • Its Operating Margin was 1.42% in Q3 2025, compared to 3.4% in Q2 2025 and 4.29% in Q1 2025.