Yatsen Holding reported a gross margin of 73.88% and a net margin of -8.71% for the quarter ended Jun 2026. These financial ratios cover 27 quarters of results from Dec 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||||||||||
| Gross Margin | 67.92% | 64.99% | 68.98% | 62.86% | 68.92% | 71.07% | 74.31% | 74.74% | 71.41% | 73.66% | 77.71% | 76.70% | 75.90% | 77.75% | 79.08% | 78.25% | 78.17% | 77.66% | 80.24% | 73.88% | |||||||
| EBT Margin | -27.09% | -31.00% | -32.73% | -27.65% | -24.14% | -5.65% | 6.64% | -12.77% | -27.47% | -46.37% | -16.44% | -10.56% | -17.88% | -33.19% | -0.72% | -1.86% | -7.08% | 0.32% | -5.93% | -7.27% | |||||||
| EBIT Margin | -27.40% | -32.84% | -34.57% | -29.56% | -32.21% | -7.78% | -0.94% | -16.29% | -32.52% | -50.31% | -20.59% | -17.08% | -20.44% | -34.01% | -4.08% | -5.06% | -8.33% | -0.92% | -9.65% | -11.51% | |||||||
| EBITDA Margin | -27.40% | -32.84% | -34.57% | -29.56% | -32.21% | -7.78% | -0.94% | -16.29% | -32.52% | -50.31% | -20.59% | -17.08% | -20.44% | -34.01% | -4.08% | -5.06% | -8.33% | -0.92% | -9.65% | -11.51% | |||||||
| Operating Margin | -27.51% | -32.84% | -34.57% | -29.10% | -30.97% | -7.78% | -0.94% | -15.73% | -32.24% | -50.31% | -20.39% | -17.02% | -20.88% | -34.01% | -4.08% | -5.11% | -8.37% | -0.92% | -9.69% | -11.55% | |||||||
| Net Margin | -16.02% | -21.90% | -17.44% | -22.05% | -14.20% | 3.69% | -3.48% | -5.35% | -17.98% | -8.39% | -10.83% | -8.57% | -11.37% | 8.81% | 0.85% | 1.19% | -4.74% | 3.33% | -5.50% | -8.71% | |||||||
| Efficiency | |||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 0.10B | 0.11B | 0.10B | 0.08B | 0.07B | 0.06B | 0.06B | 0.06B | 0.05B | 0.05B | 0.05B | 0.05B | 0.06B | 0.06B | 0.05B | 0.05B | 0.06B | 0.07B | 0.08B | 0.08B | |||||||
| Assets AverageAssets Avg. | 1.22B | 1.16B | 1.10B | 1.01B | 0.90B | 0.83B | 0.83B | 0.83B | 0.79B | 0.73B | 0.68B | 0.65B | 0.64B | 0.59B | 0.54B | 0.55B | 0.56B | 0.55B | 0.54B | 0.56B | |||||||
| Invested CapitalInvested Cap. | 0.95B | 0.89B | 0.86B | 0.79B | 0.69B | 0.67B | 0.69B | 0.69B | 0.62B | 0.58B | 0.56B | 0.53B | 0.51B | 0.43B | 0.43B | 0.43B | 0.43B | 0.43B | 0.42B | 0.39B | |||||||
| Asset Utilization RatioAsset Util. | 0.79 | 0.78 | 0.75 | 0.72 | 0.71 | 0.66 | 0.63 | 0.60 | 0.60 | 0.66 | 0.70 | 0.72 | 0.73 | 0.79 | 0.88 | 0.95 | 1.00 | 1.09 | 1.18 | 1.17 | |||||||
| Leverage & Solvency | |||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | 177.52 | ||||||||||||||||||||||||||
| Debt Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | |||||||
| Times Interest Earned | 177.52 | ||||||||||||||||||||||||||
| Valuation | |||||||||||||||||||||||||||
| Price to EarningsP/E | -72.69 | -25.86 | -17.68 | -31.24 | -40.22 | 161.03 | -226.15 | -94.63 | -33.52 | -31.69 | -19.96 | -31.16 | -34.14 | 52.68 | 901.67 | 980.13 | -250.10 | 111.06 | -71.05 | -40.61 | |||||||
| Price to SalesP/S | 11.65 | 5.66 | 3.08 | 6.89 | 5.71 | 5.94 | 7.88 | 5.06 | 6.03 | 2.66 | 2.16 | 2.67 | 3.88 | 4.64 | 7.69 | 11.66 | 11.86 | 3.70 | 3.91 | 3.54 | |||||||
| Price to BookP/B | 2.56 | 1.53 | 0.50 | 1.27 | 1.04 | 1.30 | 1.28 | 0.91 | 0.97 | 0.70 | 0.42 | 0.56 | 0.73 | 1.72 | 2.09 | 4.10 | 3.93 | 1.73 | 1.37 | 1.51 | |||||||
| Enterprise Value | 1.87B | 0.87B | -0.03B | 0.52B | 0.32B | 0.42B | 0.68B | 0.24B | 0.29B | 0.12B | -0.03B | 0.07B | 0.19B | 0.54B | 0.71B | 1.59B | 1.52B | 0.59B | 0.45B | 0.44B | |||||||
| EV to EBIT | -32.70 | -11.03 | 0.68 | -12.43 | -8.12 | -36.97 | -648.50 | -12.22 | -8.96 | -1.62 | 1.34 | -3.89 | -9.67 | -10.11 | -150.76 | -207.08 | -129.90 | -323.07 | -31.49 | -22.76 | |||||||
| EV to EBITDA | -32.70 | -11.03 | 0.68 | -12.43 | -8.12 | -36.97 | -648.50 | -12.22 | -8.96 | -1.62 | 1.34 | -3.89 | -9.67 | -10.11 | -150.76 | -207.08 | -129.90 | -323.07 | -31.49 | -22.76 | |||||||
| Market Capitalization | 2.43B | 1.36B | 0.43B | 0.98B | 0.69B | 0.87B | 0.88B | 0.60B | 0.59B | 0.40B | 0.23B | 0.29B | 0.37B | 0.73B | 0.88B | 1.77B | 1.66B | 0.73B | 0.58B | 0.60B | |||||||
| Return Ratios | |||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | -27.40% | -32.84% | -34.57% | -29.56% | -32.21% | -7.78% | -0.94% | -16.29% | -32.52% | -50.31% | -20.59% | -17.08% | -20.44% | -34.01% | -4.08% | -5.06% | -8.33% | -0.92% | -9.65% | -11.51% | |||||||
| Return on Capital Employed [ROCE]ROCE | -38.32% | -24.58% | -24.57% | -25.08% | -25.64% | -18.90% | -12.35% | -9.44% | -8.93% | -19.92% | -24.78% | -26.09% | -24.65% | -22.56% | -20.51% | -18.71% | -17.00% | -5.54% | -7.80% | -10.04% | |||||||
| Return on Invested Capital [ROIC]ROIC | -42.37% | -27.52% | -28.35% | -27.45% | -28.00% | -20.63% | -13.63% | -10.19% | -9.82% | -21.63% | -26.47% | -27.51% | -26.55% | -24.45% | -22.65% | -20.07% | -18.20% | -6.07% | -8.26% | -10.96% | |||||||
| Return on Assets [ROA]ROA | -33.05% | -20.67% | -21.69% | -21.32% | -20.98% | -14.98% | -8.48% | -5.64% | -5.59% | -14.54% | -19.39% | -19.59% | -18.38% | -16.65% | -15.03% | -13.33% | -11.74% | -2.33% | -3.80% | -5.13% |