Full Truck Alliance Co. Ltd. (YMM) Operating margin 2021–2025
Full Truck Alliance Co. Ltd. (YMM) operating margin by fiscal year — reported operating income divided by reported revenue.
33.2%FY2025 · since FY2021: -81.5% → 33.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 33.2% | +11.2 pp |
| FY2024 | 22.0% | +10.2 pp |
| FY2023 | 11.8% | +14.2 pp |
| FY2022 | -2.4% | +79.1 pp |
| FY2021 | -81.5% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice