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Microvast Holdings, Inc.(MVST)Earnings, Financials & Key Ratios
MVST•NASDAQ
Price updated Jun 19, 2026
AboutMicrovast Holdings, Inc. designs, develops, and manufactures battery systems for electric vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2.It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator. In addition, the company offers battery solutions for commercial vehicles and energy storage systems. Its commercial vehicle markets cover buses, trains, mining trucks, marine and port applications, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks in the United States and internationally. The company was incorporated in 2006 and is based in Stafford, Texas.Show more
- Revenue$428M+12.6%
- EBITDA$74M+186.4%
- Net Income-$29M+85.1%
- EPS (Diluted)-0.09+85.2%
- Gross Margin36.17%+14.9%
- EBITDA Margin17.22%+176.7%
- Operating Margin9.47%+131.0%
- Net Margin-6.83%+86.7%
- ROE-7.32%+82.2%
MVST Key Insights
Microvast Holdings, Inc. (MVST) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y sales CAGR of 31.8%
- ✓Trading at only 1.0x book value
✗Weaknesses
- ✗Weak momentum: RS Rating 6 (bottom 6%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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MVST Price & Volume
Microvast Holdings, Inc. (MVST) stock price & volume — 10-year historical chart
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MVST Growth Metrics
Microvast Holdings, Inc. (MVST) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years31.79%
3 Years27.87%
TTM-10.44%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM67.57%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM76.21%
Return on Capital
10 Years-28556.63%
5 Years-16.68%
3 Years-8.51%
Last Year7.11%
MVST Recent Earnings
Microvast Holdings, Inc. (MVST) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 11, 2026Metric
Actual
Est
EPS
$0.04-180.0%
$0.05
Rev
$61M-38.8%
$99M
Q2 2026
Mar 16, 2026Metric
Actual
Est
EPS
$0.11-650.0%
$0.02
Rev
$96M-26.6%
$131M
Q4 2025
Nov 10, 2025Metric
Actual
Est
EPS
$0.04+100.0%
$0.02
Rev
$123M-7.8%
$134M
Q3 2025
Aug 11, 2025Metric
Actual
Est
EPS
$0.05+400.0%
$0.01
Rev
$91M-15.2%
$108M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 11, 2026 | $0.04vs $0.05-180.0% | $61Mvs $99M-38.8% |
| Q2 2026 | Mar 16, 2026 | $0.11vs $0.02-650.0% | $96Mvs $131M-26.6% |
| Q4 2025 | Nov 10, 2025 | $0.04vs $0.02+100.0% | $123Mvs $134M-7.8% |
| Q3 2025 | Aug 11, 2025 | $0.05vs $0.01+400.0% | $91Mvs $108M-15.2% |
Based on last 12 quarters of dataView full earnings history →
MVST Peer Comparison
Microvast Holdings, Inc. (MVST) competitors in Battery Packs and Energy Storage Systems — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SES | 358.24M | 1.11 | -5.05 | 9.29% | -331.72% | -32.48% | 0.04 | |
 SLDP | 623.65K | 2.87 | -5.63 | 7.98% | -485.47% | -21.56% | 0.02 | |
 QS | 4.93B | 8.04 | -10.58 | -37.3% | 0.06 | |||
 CBAT | 60.59M | 0.68 | -6.84 | 10.52% | -7.43% | -0.06% | 0.00 | |
 NRGV | 709.2M | 4.10 | -6.31 | 340.86% | -52.97% | -146.8% | 1.07 | |
 FLUX | 15.06M | 0.86 | -2.15 | 9.22% | -12.48% | -7.38% | ||
 ALB | 18.91B | 160.35 | -27.89 | -4.37% | -4.24% | -2.29% | 0.34 | |
 LAC | 975.73M | 4.37 | -8.57 | -8.28% | 0.10 |
Compare MVST vs Peers
Microvast Holdings, Inc. (MVST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MVST Income Statement
Microvast Holdings, Inc. (MVST) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 174.24M | 76.43M | 107.52M | 151.98M | 204.5M | 306.62M | 379.8M | 427.52M | 371.64M |
Revenue Growth % | - | -56.13% | 40.67% | 41.35% | 34.56% | 49.94% | 23.87% | 12.56% | -10.44% |
Cost of Goods Sold | 153.39M | 76.67M | 90.38M | 194.72M | 195.42M | 249.39M | 260.25M | 272.9M | 273.39M |
COGS % of Revenue | 88.03% | 100.3% | 84.06% | 128.12% | 95.56% | 81.34% | 68.52% | 63.83% | - |
Gross Profit | 20.85M▲ 0% | -231K▼ 101.1% | 17.14M▲ 7519.9% | -42.74M▼ 349.4% | 9.07M▲ 121.2% | 57.23M▲ 530.7% | 119.55M▲ 108.9% | 154.62M▲ 29.3% | 98.25M▲ 0% |
Gross Margin % | 11.97% | -0.3% | 15.94% | -28.12% | 4.44% | 18.66% | 31.48% | 36.17% | 26.44% |
Gross Profit Growth % | - | -101.11% | 7519.91% | -349.38% | 121.23% | 530.74% | 108.91% | 29.33% | - |
Operating Expenses | 73.14M | 53.63M | 46.25M | 151.32M | 169.02M | 163.96M | 235.64M | 114.13M | 115.39M |
OpEx % of Revenue | 41.98% | 70.17% | 43.01% | 99.57% | 82.65% | 53.47% | 62.04% | 26.7% | - |
Selling, General & Admin | 46.39M | 30.88M | 32.61M | 123.06M | 125.39M | 120.4M | 104.06M | 35.62M | 81.05M |
SG&A % of Revenue | 26.62% | 40.4% | 30.33% | 80.98% | 61.31% | 39.27% | 27.4% | 8.33% | - |
Research & Development | 32.45M | 26M | 16.64M | 34.38M | 43.51M | 45M | 41.06M | 34.11M | 34.67M |
R&D % of Revenue | 18.62% | 34.01% | 15.47% | 22.63% | 21.28% | 14.68% | 10.81% | 7.98% | - |
Other Operating Expenses | 0 | -3.24M | -3M | -6.13M | 126K | -1.45M | 90.52M | 44.39M | -326K |
Operating Income | -57.99M▲ 0% | -53.86M▲ 7.1% | -29.11M▲ 46.0% | -194.06M▼ 566.7% | -159.95M▲ 17.6% | -106.73M▲ 33.3% | -116.09M▼ 8.8% | 40.49M▲ 134.9% | -17.14M▲ 0% |
Operating Margin % | -33.28% | -70.47% | -27.07% | -127.69% | -78.22% | -34.81% | -30.57% | 9.47% | -4.61% |
Operating Income Growth % | - | 7.12% | 45.96% | -566.73% | 17.58% | 33.27% | -8.77% | 134.88% | - |
EBITDA | -45.24M | -38.47M | -12.31M | -173.35M | -139.58M | -83.8M | -85.26M | 73.62M | 65.19M |
EBITDA Margin % | -25.97% | -50.34% | -11.45% | -114.06% | -68.26% | -27.33% | -22.45% | 17.22% | 17.54% |
EBITDA Growth % | - | 14.96% | 67.99% | -1307.64% | 19.48% | 39.96% | -1.74% | 186.35% | 199.05% |
D&A (Non-Cash Add-back) | 12.75M | 15.39M | 16.79M | 20.71M | 20.36M | 22.93M | 30.83M | 33.13M | 24.95M |
EBIT | -57.99M | -53.12M | -27.89M | -201.07M | -154.84M | -103.77M | -185.75M | 40.49M | -43.18M |
Net Interest Income | 0 | -5.47M | -5.17M | -4.96M | -144K | 981K | -8.97M | -3.95M | -3.78M |
Interest Income | 0 | 884K | 571K | 446K | 3.18M | 3.61M | 742K | 957K | 1.16M |
Interest Expense | 0 | 6.35M | 5.74M | 5.41M | 3.32M | 2.63M | 9.71M | 4.9M | 4.94M |
Other Income/Expense | 3.72M | -5.61M | -4.52M | -12.42M | 1.78M | 327K | -79.37M | -75.03M | -30.98M |
Pretax Income | -54.27M▲ 0% | -59.47M▼ 9.6% | -33.62M▲ 43.5% | -206.48M▼ 514.1% | -158.17M▲ 23.4% | -106.4M▲ 32.7% | -195.46M▼ 83.7% | -34.54M▲ 82.3% | -48.12M▲ 0% |
Pretax Margin % | -31.15% | -77.81% | -31.27% | -135.87% | -77.35% | -34.7% | -51.46% | -8.08% | -12.95% |
Income Tax | 6.42M | 189K | 1K | 0 | 33K | 10K | 0 | -5.33M | -5.33M |
Effective Tax Rate % | -11.84% | -0.32% | -0% | 0% | -0.02% | -0.01% | 0% | 15.42% | 11.07% |
Net Income | -100.03M▲ 0% | -72.59M▲ 27.4% | -49.55M▲ 31.7% | -216.01M▼ 335.9% | -158.2M▲ 26.8% | -106.34M▲ 32.8% | -195.46M▼ 83.8% | -29.22M▲ 85.1% | -42.8M▲ 0% |
Net Margin % | -57.41% | -94.97% | -46.09% | -142.13% | -77.36% | -34.68% | -51.46% | -6.83% | -11.52% |
Net Income Growth % | - | 27.43% | 31.74% | -335.92% | 26.76% | 32.78% | -83.81% | 85.05% | 67.57% |
Net Income (Continuing) | -100.03M | -59.66M | -33.63M | -206.48M | -158.2M | -106.41M | -195.46M | -29.22M | -42.8M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 80.56M | 90.82M | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -161.90▲ 0% | -1.70▲ 98.9% | -0.27▲ 84.1% | -1.26▼ 366.7% | -0.52▲ 58.7% | -0.34▲ 34.6% | -0.61▼ 79.4% | -0.09▲ 85.2% | -0.11▲ 0% |
EPS Growth % | - | 98.95% | 84.12% | -366.67% | 58.73% | 34.62% | -79.41% | 85.25% | 76.21% |
EPS (Basic) | -161.90 | -0.38 | -0.27 | -1.26 | -0.52 | -0.34 | -0.61 | -0.09 | - |
Diluted Shares Outstanding | 617.88K | 300.52M | 300.52M | 185.9M | 303.28M | 310.91M | 318.46M | 324.69M | 385.27M |
Basic Shares Outstanding | 617.88K | 300.52M | 300.52M | 185.9M | 303.28M | 310.91M | 318.46M | 324.69M | 332.36M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
MVST Balance Sheet
Microvast Holdings, Inc. (MVST) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 17.52K | 396.37K | 189.32M | 706.61M | 545.07M | 425.61M | 428.03M | 448.72M | 425.82M |
Cash & Short-Term Investments | 17.5K | 29.47M | 41.2M | 480.93M | 256.49M | 87.65M | 73.01M | 104.96M | 126.13M |
Cash Only | 17.5K | 27.98M | 21.5M | 480.93M | 231.42M | 82.02M | 73.01M | 104.96M | 126.13M |
Short-Term Investments | 0 | 1.49M | 282.25M | 0 | 25.07M | 5.63M | 0 | 0 | 0 |
Accounts Receivable | 0 | 67.64M | 100.09M | 104.25M | 124.22M | 177.48M | 146.01M | 155.76M | 123.59M |
Days Sales Outstanding | - | 323.01 | 339.78 | 250.39 | 221.72 | 211.28 | 140.32 | 132.99 | 137.19 |
Inventory | 0 | 59.16M | 44.97M | 53.42M | 84.25M | 155.55M | 143.33M | 89.41M | 95.04M |
Days Inventory Outstanding | - | 281.66 | 181.61 | 100.14 | 157.36 | 227.66 | 201.02 | 119.59 | 151.25 |
Other Current Assets | 0 | -155.95M | 0 | 55.18M | 70.73M | 950K | 56.47M | 98.59M | 81.06M |
Total Non-Current Assets | 83.67K | 280.1M | 215.19M | 288.69M | 439.89M | 671.13M | 523.84M | 556.73M | 561.67M |
Property, Plant & Equipment | 0 | 191.32M | 198.02M | 253.06M | 351.51M | 640.17M | 495.82M | 525.39M | 526.82M |
Fixed Asset Turnover | - | 0.40x | 0.54x | 0.60x | 0.58x | 0.48x | 0.77x | 0.81x | 0.70x |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 16.08M | 16.28M | 15.89M | 14.28M | 15.12M | 13.98M | 2.18M | 2.08M |
Long-Term Investments | 0 | 280.1M | 0 | 0 | 465K | 6.17M | 22K | 2.58M | 2.58M |
Other Non-Current Assets | 83.67K | 1.57M | 890K | 19.74M | 74.11M | 21.64M | 14.02M | 21.14M | 27.35M |
Total Assets | 101.2K▲ 0% | 280.5M▲ 277073.5% | 404.51M▲ 44.2% | 995.29M▲ 146.0% | 984.96M▼ 1.0% | 1.1B▲ 11.3% | 951.87M▼ 13.2% | 1.01B▲ 5.6% | 987.5M▲ 0% |
Asset Turnover | 1721.69x | 0.27x | 0.27x | 0.15x | 0.21x | 0.28x | 0.40x | 0.43x | 0.37x |
Asset Growth % | - | 277073.53% | 44.21% | 146.05% | -1.04% | 11.35% | -13.21% | 5.63% | 7.41% |
Total Current Liabilities | 75.79K | 195.8M | 183.63M | 175.59M | 252.41M | 403.41M | 330.15M | 488.34M | 444.09M |
Accounts Payable | 0 | 35.58M | 42.01M | 40.41M | 44.98M | 112.62M | 64.94M | 47M | 46.37M |
Days Payables Outstanding | - | 169.4 | 169.65 | 75.74 | 84.02 | 164.82 | 91.08 | 62.87 | 75.32 |
Short-Term Debt | 75.34K | 120.89M | 77.88M | 74.25M | 85.84M | 98.77M | 122.42M | 171.37M | 163.41M |
Deferred Revenue (Current) | 0 | -156.47M | 2.45M | 1.53M | 54.21M | 43.09M | 43.68M | 5.61M | 59.49M |
Other Current Liabilities | 450 | 195.8M | 8.26M | 31.56M | 60.07M | 137.78M | 23.77M | 264.26M | 227.64M |
Current Ratio | 0.23x | 0.00x | 1.03x | 4.02x | 2.16x | 1.06x | 1.30x | 0.92x | 0.96x |
Quick Ratio | 0.23x | -0.30x | 0.79x | 3.72x | 1.83x | 0.67x | 0.86x | 0.74x | 0.74x |
Cash Conversion Cycle | - | 435.27 | 351.74 | 274.79 | 295.06 | 274.11 | 250.26 | 189.71 | 213.12 |
Total Non-Current Liabilities | 0 | 160.21M | 514.67M | 133M | 119.57M | 129.13M | 233.82M | 106.59M | 77.3M |
Long-Term Debt | 0 | 29.26M | 73.15M | 73.15M | 72.89M | 86.92M | 188.83M | 14.48M | 13.98M |
Capital Lease Obligations | 0 | 0 | 0 | 0 | 14.35M | 17.09M | 14.6M | 0 | 15.66M |
Deferred Tax Liabilities | 0 | 27.07K | 425.24M | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 130.92M | 15.06M | 57.57M | 29.27M | 21.75M | 24.78M | 92.12M | 63.32M |
Total Liabilities | 75.79K | 356.01M | 698.29M | 308.59M | 371.98M | 532.54M | 563.97M | 594.93M | 521.39M |
Total Debt | 75.34K | 150.15M | 151.03M | 147.4M | 175M | 205.18M | 328.89M | 185.85M | 177.4M |
Net Debt | 57.84K | 150.01M | 129.53M | -333.53M | -56.41M | 123.17M | 255.88M | 80.89M | 51.27M |
Debt / Equity | 2.97x | 2.51x | - | 0.21x | 0.29x | 0.36x | 0.85x | 0.45x | 0.38x |
Debt / EBITDA | - | - | - | - | - | - | - | 2.52x | 2.72x |
Net Debt / EBITDA | - | - | - | - | - | - | - | 1.10x | 0.79x |
Interest Coverage | - | -8.36x | -4.86x | -37.16x | -46.60x | -39.49x | -19.13x | 8.26x | -8.74x |
Total Equity | 25.41K▲ 0% | 59.81M▲ 235302.2% | -293.78M▼ 591.2% | 686.7M▲ 333.7% | 612.98M▼ 10.7% | 564.19M▼ 8.0% | 387.89M▼ 31.2% | 410.51M▲ 5.8% | 466.11M▲ 0% |
Equity Growth % | - | 235302.24% | -591.18% | 333.74% | -10.74% | -7.96% | -31.25% | 5.83% | -46.74% |
Book Value per Share | 0.04 | 0.20 | -0.98 | 3.69 | 2.02 | 1.81 | 1.22 | 1.26 | 1.21 |
Total Shareholders' Equity | 25.41K | -20.75M | -75.47M | 686.7M | 612.98M | 564.19M | 387.89M | 410.51M | 466.11M |
Common Stock | 720 | 6K | 6K | 30K | 31K | 32K | 33K | 34K | 34K |
Retained Earnings | -792 | -314.73M | -398M | -632.1M | -791.16M | -897.5M | -1.09B | -1.12B | -1.07B |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | 0 | -9.27M | 13.39M | 12.73M | -12.05M | -19.58M | -32.16M | -11.14M | -10.8M |
Minority Interest | 0 | 80.56M | 90.82M | 0 | 0 | 0 | 0 | 0 | 0 |
MVST Cash Flow Statement
Microvast Holdings, Inc. (MVST) cash flow — operating, investing & free cash flow history
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | -342 | 13.37M | 15.56M | -45.04M | -53.93M | -75.3M | 2.81M | 75.91M | 53.16M |
Operating CF Margin % | -0% | 17.49% | 14.47% | -29.64% | -26.37% | -24.56% | 0.74% | 17.76% | - |
Operating CF Growth % | - | 3909749.12% | 16.34% | -389.53% | -19.74% | -39.64% | 103.74% | 2597.51% | 33554.89% |
Net Income | -792 | -59.66M | -33.63M | -206.48M | -158.2M | -106.41M | -195.46M | -29.22M | -42.8M |
Depreciation & Amortization | 12.75M | 15.39M | 16.79M | 20.71M | 20.36M | 22.93M | 30.83M | 33.13M | 33.04M |
Stock-Based Compensation | 0 | 0 | 0 | 82.89M | 90.81M | 64.97M | 30.84M | 3.07M | 2.37M |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.43M | -5.43M |
Other Non-Cash Items | -450 | 5.93M | 5.35M | 81.8M | 23.55M | 21.69M | 189.36M | 103.88M | 81.67M |
Working Capital Changes | 450 | 51.71M | 27.04M | -23.96M | -30.45M | -78.48M | -52.76M | -29.53M | -15.69M |
Change in Receivables | 20.63M | 78.76M | 10.34M | -1.83M | -35.74M | -47.1M | 15.28M | -54.6M | -5.04M |
Change in Inventory | 7.11M | 10.45M | 13.61M | -25.89M | -43.69M | -74.41M | -546K | 27.09M | 4.31M |
Change in Payables | 450 | -12.88M | 3.82M | -2.5M | 7.15M | 68.58M | -44.52M | -20.19M | -12.91M |
Cash from Investing | 156.05M | -3.95M | -17.67M | -87.86M | -175.94M | -165.6M | -12.15M | -16.05M | -16.52M |
Capital Expenditures | -29.81M | -20.26M | -18.64M | -87.86M | -150.88M | -186.79M | -27.72M | -19.83M | -20.34M |
CapEx % of Revenue | 17.11% | 26.51% | 17.34% | 57.81% | 73.78% | 60.92% | 7.3% | 4.64% | 5.47% |
Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 180K |
Investments | - | - | - | - | - | - | - | - | - |
Other Investing | 185.86M | 24K | 13K | 0 | 5K | 1.65M | 10.01M | 3.79M | 3.65M |
Cash from Financing | 17.84K | -52.18M | -507K | 624.95M | 4.97M | 33.04M | 37.59M | -2.68M | 9.96M |
Debt Issued (Net) | 75.34K | -19.48M | -507K | 58.86M | 4.97M | 33.04M | 60.27M | -11.74M | -1.57M |
Equity Issued (Net) | 25K | 0 | 0 | 0 | 0 | 0 | 0 | 28.75M | 27.49M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -224K |
Other Financing | -82.5K | -32.7M | 0 | 566.09M | 0 | 0 | -22.68M | -19.7M | -15.97M |
Net Change in Cash | 143.44M▲ 0% | -43.76M▼ 130.5% | -588K▲ 98.7% | 494.91M▲ 84268.9% | -233.49M▼ 147.2% | -214.43M▲ 8.2% | 21.41M▲ 110.0% | 59.64M▲ 178.5% | 51M▲ 0% |
Free Cash Flow | -29.81M▲ 0% | -6.89M▲ 76.9% | -3.09M▲ 55.2% | -132.9M▼ 4202.4% | -204.81M▼ 54.1% | -262.09M▼ 28.0% | -24.91M▲ 90.5% | 56.07M▲ 325.1% | 32.82M▲ 0% |
FCF Margin % | -17.11% | -9.01% | -2.87% | -87.45% | -100.15% | -85.48% | -6.56% | 13.12% | 8.83% |
FCF Growth % | - | 76.89% | 55.16% | -4202.4% | -54.11% | -27.97% | 90.5% | 325.13% | 376.42% |
FCF per Share | -48.25 | -0.02 | -0.01 | -0.71 | -0.68 | -0.84 | -0.08 | 0.17 | 0.09 |
FCF Conversion (FCF/Net Income) | 0.00x | -0.18x | -0.31x | 0.21x | 0.34x | 0.71x | -0.01x | -2.60x | -0.77x |
Interest Paid | 0 | 0 | 1.97M | 2.69M | 5.13M | 4.37M | 7.44M | 6M | 0 |
Taxes Paid | 0 | 58K | 0 | 0 | 0 | 0 | 0 | 1.82M | 0 |
MVST Key Ratios
Microvast Holdings, Inc. (MVST) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | -242.63% | - | -109.95% | -24.34% | -18.07% | -41.06% | -7.32% | -10.76% |
Return on Invested Capital (ROIC) | -44.37% | -246.21% | -154.09% | -26.37% | -12.87% | -13.08% | 5.35% | -2.5% |
Gross Margin | -0.3% | 15.94% | -28.12% | 4.44% | 18.66% | 31.48% | 36.17% | 26.44% |
Net Margin | -94.97% | -46.09% | -142.13% | -77.36% | -34.68% | -51.46% | -6.83% | -11.52% |
Debt / Equity | 2.51x | - | 0.21x | 0.29x | 0.36x | 0.85x | 0.45x | 0.38x |
Interest Coverage | -8.36x | -4.86x | -37.16x | -46.60x | -39.49x | -19.13x | 8.26x | -8.74x |
FCF Conversion | -0.18x | -0.31x | 0.21x | 0.34x | 0.71x | -0.01x | -2.60x | -0.77x |
Revenue Growth | -56.13% | 40.67% | 41.35% | 34.56% | 49.94% | 23.87% | 12.56% | -10.44% |
Related:MVST Dividend History·MVST Revenue History·MVST Price History·MVST P/E History·MVST Financial Ratios·MVST Institutional Holders
MVST SEC Filings & Documents
Microvast Holdings, Inc. (MVST) SEC filings — annual & quarterly reports (10-K, 10-Q)
MVST Frequently Asked Questions
Microvast Holdings, Inc. (MVST) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Microvast Holdings, Inc. (MVST) reported $371.6M in revenue for fiscal year 2025. This represents a 113% increase from $174.2M in 2018.
Microvast Holdings, Inc. (MVST) grew revenue by 12.6% over the past year. This is steady growth.
Microvast Holdings, Inc. (MVST) reported a net loss of $42.8M for fiscal year 2025.
Dividend & Returns
Microvast Holdings, Inc. (MVST) has a return on equity (ROE) of -7.3%. Negative ROE indicates the company is unprofitable.
Microvast Holdings, Inc. (MVST) generated $32.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.