Microvast Holdings, Inc. Operating Margin History
MVST / Industrials|5 years of SEC 10-K data (FY2019-FY2024)
-30.6% in FY2024 with a 5-year CAGR of +39.9%.
Improved from -78.2% to -30.6% over the past 2 years.
Among 289 Industrials companies, Microvast Holdings, Inc. is in the bottom 2% for operating margin. Improved from -78.2% to -30.6% over the past 2 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.38 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year Change
- -
- 5-Year Change
- +39.9pp
- 10-Year Change
- -
Operating Margin Trend
Bottom 2% in IndustrialsTop 98% of 289This company -30.6% Sector average -828.6%
▼
+96.3% above sector average
Key Insights
- In FY2024, operating margin increased 12.2% year-over-year.
- Currently 798.1pp above the Industrials sector average.
- Peak operating margin was recorded in FY2020.
- Lowest operating margin in the period was in FY2022.
Annual Data
| Year | Operating Margin | YoY Growth |
|---|---|---|
| FY2024 | -30.6% | +12.2% |
| FY2023 | -34.8% | +55.5% |
| FY2022 | -78.2% | - |
| FY2021 | - | - |
| FY2020 | -27.1% | +61.6% |
| FY2019 | -70.5% | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026