VinFast Auto Ltd.

VFS Consumer Cyclical Auto Manufacturers

VinFast Auto Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $3.6 billion, up 98.5% from fiscal 2024.

Revenue
+81.6%
EPS
+94.3%
Free cash flow
−39.5%
Total debt
−52.4%

Quarter to June 2026, against a year earlier

3.23 0.09 −2.71%
Market cap
$7.5B
P/E
0.0×
Fwd P/E
−1.9×
Dividend yield
—
F-score
4/9
Altman Z
−3.75
Beneish M
n/a
Dividend safety
n/a

VinFast Auto Ltd. (VFS) Operating margin

Alert me on Operating margin

VinFast Auto Ltd.'s operating margin over the twelve months to 30 June 2026 was −91.2%, down 9.0 percentage points from fiscal 2025 (−82.2%). Over the past ten years it has ranged from −140.9% (fiscal 2023) to 0.00% (fiscal 2022); the current reading is higher than 60% of that period. That is below the Auto Manufacturers industry median of −5.17% and below the Consumer Cyclical sector median of 3.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −82.2% 43.69
FY2024 −125.9% 15.04
FY2023 −140.9% (140.89)
FY2022 0.00% 0.00
FY2021 0.00% —

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 −96.1% 2.86
Mar 2026 −98.9% (18.37)
Dec 2025 −80.6% 15.51
Sep 2025 −96.1% (17.07)
16 more quarters

Against its own ten years

Low −140.9% High 0.00%
Ten-year median −82.2%
Current reading's percentile 60

Operating margin against peers

Company Operating margin
HMC Honda Motor Co., Ltd. compare 6.94%
STLA Stellantis N.V. compare 1.56%
NIO NIO Inc. compare −3.21%
F Ford Motor Company compare −3.82%
XPEV XPeng Inc. Sponsored ADR compare −5.14%
LI Li Auto Inc. Sponsored ADR compare −6.51%
RIVN Rivian Automotive, Inc. compare −53.0%
VFS VinFast Auto Ltd. −91.2%
LCID Lucid Group, Inc. compare −263.6%
Auto Manufacturers industry median −5.17%
Consumer Cyclical sector median 3.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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