Tencent Holdings Limited
TCEHY
Rank in Stocks
#28
Tencent Holdings Limited functions as an investment holding enterprise,... Tencent Holdings Limited functions as an investment holding enterprise, delivering a broad spectrum of value-added services (VAS) and digital advertising solutions to markets in both Mainland China and internationally. Its operations are structured across key segments, including Value-Added Services, Online Advertising, FinTech and Business Services, and various other ventures. The company's core offerings encompass online gaming, social networking platforms, financial technology solutions, cloud computing services, and digital advertising. Beyond these, Tencent is actively involved in the production, funding, and distribution of films and television content for external entities, alongside managing copyright licensing, merchandising, and other related activities. Its extensive portfolio also includes software development, the creation and operation of online games, comprehensive information technology services, system integration, asset management, online literature platforms, and digital music entertainment. Established in 1998, Tencent Holdings Limited maintains its corporate headquarters in Shenzhen, People's Republic of China.
Share Price
$53.18
Last synced: 2026-11-09
Market Cap
$479.92B
Change (1 day)
-0.89%
Change (1 year)
-35.04%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Tencent Holdings Limited (TCEHY)
Category
Communication Services
Operating Margin for Tencent Holdings Limited (TCEHY)
Operating Margin as of November 2026 TTM: 32.65%
According to Tencent Holdings Limited's latest financial reports, its current operating margin (TTM) is 32.65%. At the end of 2025 the company had an operating margin of 32.13%.
Operating Margin history for Tencent Holdings Limited from 2003 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 32.65% | 1.62% |
| 2025 | 32.13% | 1.94% |
| 2024 | 31.52% | 19.94% |
| 2023 | 26.28% | 31.53% |
| 2022 | 19.98% | -58.80% |
| 2021 | 48.49% | 26.87% |
| 2020 | 38.22% | 21.49% |
| 2019 | 31.46% | 0.74% |
| 2018 | 31.23% | -17.77% |
| 2017 | 37.98% | 2.84% |
| 2016 | 36.93% | -6.51% |
| 2015 | 39.50% | 2.09% |
| 2014 | 38.69% | 21.82% |
| 2013 | 31.76% | -6.62% |
| 2012 | 34.01% | -20.91% |
| 2011 | 43.00% | -14.14% |
| 2010 | 50.08% | 3.47% |
| 2009 | 48.40% | 6.68% |
| 2008 | 45.37% | 6.03% |
| 2007 | 42.79% | 3.01% |
| 2006 | 41.54% | 22.32% |
| 2005 | 33.96% | -17.15% |
| 2004 | 40.99% | -10.38% |
| 2003 | 45.74% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 33.32% | -98.98% |
US
|
|
| 32.86% | -98.99% |
US
|
|
| 14.58% | -99.55% |
SE
|
|
| 3.16% | -99.90% |
NL
|
|
| 6.98% | -99.79% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Tencent Holdings Limited's operating margin
What is Tencent Holdings Limited's operating margin?
Tencent Holdings Limited's operating margin is 32.65%, as of Nov 2026.
What was Tencent Holdings Limited's operating margin in 2025?
In 2025, Tencent Holdings Limited's operating margin was 32.13%, compared with 31.52% in 2024.
How has Tencent Holdings Limited's operating margin changed since 2020?
From 2020 to 2025, Tencent Holdings Limited's operating margin was highest in 2021 (48.49%) and lowest in 2022 (19.98%).
How does Tencent Holdings Limited's operating margin compare with similar companies?
Tencent Holdings Limited's operating margin (32.65%) is higher than that of 3 of the 5 similar companies listed above. The highest among them is Alphabet Inc., with 33.32%.