Tencent Music Entertainment Group Sponsored ADR

TME Communication Services Internet Content & Information

Tencent Music Entertainment Group Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $4.6 billion, up 15.8% from fiscal 2024.

Revenue
+11.8%
EPS
+4.55%
Free cash flow
+83.7%
Total debt
+212.5%

Quarter to June 2026, against a year earlier

9.44 0.04 −0.42%
Market cap
$6.0B
P/E
11.4×
Fwd P/E
9.8×
Dividend yield
2.54%
F-score
8/9
Altman Z
7.20
Beneish M
−2.22
Dividend safety
77/100

Tencent Music Entertainment Group Sponsored ADR (TME) Gross margin

Alert me on Gross margin

Tencent Music Entertainment Group Sponsored ADR's gross margin over the twelve months to 30 June 2026 was 44.3%, up 0.2 percentage points from fiscal 2025 (44.2%). Over the past ten years it has ranged from 23.8% (fiscal 2016) to 44.2% (fiscal 2025) — the current reading is the highest in ten years. That is below the Internet Content & Information industry median of 63.3% and below the Communication Services sector median of 51.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 44.2% 1.84
FY2024 42.3% 7.05
FY2023 35.3% 4.33
FY2022 31.0% 0.86
FY2021 30.1% (1.81)
FY2020 31.9% (2.19)
FY2019 34.1% (4.23)
FY2018 38.3% 3.63
FY2017 34.7% 10.92
FY2016 23.8% —

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 44.2% (0.79)
Mar 2026 45.0% 0.25
Dec 2025 44.7% 1.25
Sep 2025 43.5% (0.92)
25 more quarters

Against its own ten years

Low 23.8% High 44.2%
Ten-year median 34.4%
Current reading's percentile 92

Gross margin against peers

Company Gross margin
CARG CarGurus, Inc. compare 92.3%
BZ KANZHUN LIMITED Sponsored ADR compare 85.9%
MTCH Match Group Inc. compare 75.8%
ZG Zillow Group, Inc. compare 72.5%
Z Zillow Group, Inc. compare 72.5%
PPLI People Incorporated compare 67.0%
SNAP Snap Inc. compare 59.1%
TME Tencent Music Entertainment Group Sponsored ADR 44.3%
BILI Bilibili Inc. Sponsored ADR compare 37.0%
Internet Content & Information industry median 63.3%
Communication Services sector median 51.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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