Tencent Music Entertainment Group (TME) EBITDA

Price: $14.18
Market Cap: $9.92B
Avg Volume: 8.27M
Country: CN
Industry: Internet Content & Information
Sector: Communication Services
Beta: 0.69
52W Range: $9.41-15.77
Website: Tencent Music Entertainment Group

What is Tencent Music Entertainment Group's EBITDA?

  • Tencent Music Entertainment Group's annual EBITDA is $8.23B.
  • Tencent Music Entertainment Group's quarterly EBITDA is $2.27B.

What is EBITDA?

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is a measure of a company's overall financial performance and is used as an alternative to net income in some circumstances.

How is EBITDA calculated?

EBITDA is calculated using the following formula:

EBITDA = Net Income + Interest + Taxes + Depreciation + Amortization

Related Metrics

Other important metrics to assess Tencent Music Entertainment Group's financial health include:

  • EBITDA Ratio - measures the company's EBITDA as a percentage of its revenue:
    • Annual: 28.99%
    • Quarterly: 30.49%
  • Growth EBITDA - measures the annual growth rate of the company's EBITDA:
    • Annual: 14.79%
    • Quarterly: 12.30%
  • Growth EBITDA Ratio - measures the annual growth rate of the company's EBITDA ratio:
    • Annual: 12.17%
    • Quarterly: 5.63%

These metrics provide insights into Tencent Music Entertainment Group's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual EBITDA

$8.23B

Quarterly EBITDA

$2.27B

Tencent Music Entertainment Group Historical EBITDA
EBITDA (Annual)
EBITDA (Quarterly)
$10.00B$10.00B$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.00-$2.00B-$2.00BEBITDA2017201720182018201920192020202020212021202220222023202320242024
Historical EBITDA Ratio (Annual)
28.99%28.99%23.19%23.19%17.40%17.40%11.60%11.60%5.80%5.80%0.00%0.00%EBITDA Ratio201720172018201820192019202020202021202120222022202320232024202420252025
Historical EBITDA Ratio (Quarterly)
38.71%38.71%31.45%31.45%24.20%24.20%16.94%16.94%9.68%9.68%2.43%2.43%-4.83%-4.83%EBITDA Ratio201720172018201820192019202020202021202120222022202320232024202420252025

Tencent Music Entertainment Group Historical EBITDA Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year EBITDA Growth EBITDA EBITDA Ratio Growth EBITDA Ratio
2024 $8.23B 14.79% 28.99% 12.17%
2023 $7.17B 27.00% 25.85% 63.46%
2022 $5.65B 18.83% 15.81% 31.64%
2021 $4.75B -14.44% 12.01% -25.95%
2020 $5.55B 7.01% 16.22% -10.39%
2019 $5.19B 115.66% 18.10% 3.98%
2018 $2.41B 21.81% 17.41% 12.65%
2017 $1.98B 500.61% 15.45% 91.46%
2016 $329.00M 0.00% 8.07% 0.00%

Related Metrics

Explore detailed financial metrics and analysis for TME.