TTM
-7.4%
YoY change
+4.29pp
Trough year (2018)
-182.2%
Peak year (2021)
-2.7%
Latest annual
-16.9%
EBITDA Margin history chart for NIO (NIO) from 2018 to 2025
Latest: -16.9%
EBITDA Margin change chart for NIO (NIO) from 2018 to 2025
Latest: +4.29pp
EBITDA Margin history table for NIO (NIO) from 2018 to 2025
| 2025 | -16.9% | +4.29pp | ||
| 2024 | -21.2% | +6.05pp | ||
| 2023 | -27.2% | -6.83pp | ||
| 2022 | -20.4% | -17.68pp | ||
| 2021 | -2.7% | +17.73pp | ||
| 2020 | -20.5% | +99.62pp | ||
| 2019 | -120.1% | +62.08pp | ||
| 2018 | -182.2% | — |
- 2025-16.9%+4.29pp
- 2024-21.2%+6.05pp
- 2023-27.2%-6.83pp
- 2022-20.4%-17.68pp
- 2021-2.7%+17.73pp
- 2020-20.5%+99.62pp
- 2019-120.1%+62.08pp
- 2018-182.2%—
EBITDA Margin values are taken from NIO's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in CNY as filed.
About EBITDA Margin at NIO (NIO)
According to NIO's latest reported financial statements, the company's latest reported EBITDA margin is -7.4%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual EBITDA margin for NIO (NIO) came in at -16.89% – expanded 4.3 percentage points year-over-year.
2021 marks the peak EBITDA margin at -2.73%, with the historical low of -182.16% recorded in 2018.
NIO EBITDA Margin by Year
NIO EBITDA Margin 2025: -16.9%
2025's EBITDA margin for NIO came in at -16.89%, expanded 4.3 percentage points from 2024.
NIO EBITDA Margin 2024: -21.2%
NIO posted EBITDA margin of -21.19% in 2024, expanded 6.1 percentage points from 2023.
NIO EBITDA Margin 2023: -27.2%
In 2023, NIO reported EBITDA margin of -27.24%, contracted 6.8 percentage points from 2022.
NIO EBITDA Margin 2022: -20.4%
NIO EBITDA margin in 2022 was -20.41%, contracted 17.7 percentage points from 2021.
NIO EBITDA Margin 2021: -2.7%
NIO EBITDA margin in 2021 was -2.73%.
See more financial history for NIO (NIO).
Sector peers by EBITDA Margin
Consumer Cyclical peers of NIO (NIO), ranked by their latest EBITDA margin
| 54.4% | |
| 34.4% | |
| 30.3% | |
| 23.1% | |
| 14.1% | |
| 14.0% | |
| 13.9% | |
| 10.7% |
- 54.4%
- 30.3%
- 23.1%
- 14.1%
- 14.0%
- 13.9%
- 10.7%
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