Microvast Holdings, Inc. Profit Margin History
MVST / Industrials|6 years of SEC 10-K data (FY2019-FY2024)
-51.5% in FY2024 with a 5-year CAGR of +26.6%.
Improved from -77.4% to -51.5% over the past 2 years.
Among 318 Industrials companies, Microvast Holdings, Inc. is in the bottom 2% for profit margin. Profit Margin has fluctuated over the past 6 years, ranging from -135.9% in FY2021 to -31.3% in FY2020.
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
- +84.4pp
- 5-Year Change
- +26.6pp
- 10-Year Change
- -
Profit Margin Trend
Bottom 2% in IndustrialsTop 98% of 318This company -51.5% Sector average -641.5%
▼
+92.0% above sector average
Key Insights
- In FY2024, profit margin decreased 48.4% year-over-year.
- Currently 590.1pp above the Industrials sector average.
- Peak profit margin was recorded in FY2020.
- Lowest profit margin in the period was in FY2021.
Annual Data
| Year | Profit Margin | YoY Growth |
|---|---|---|
| FY2024 | -51.5% | -48.4% |
| FY2023 | -34.7% | +55.2% |
| FY2022 | -77.4% | +43.1% |
| FY2021 | -135.9% | -334.5% |
| FY2020 | -31.3% | +59.9% |
| FY2019 | -78.1% | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026