Full Truck Alliance Co. Ltd. (YMM) Earnings History
Annual and quarterly earnings data from 2019 to 2024
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 86.6% | 22.0% | 27.3% |
| 2023 | 85.4% | 11.8% | 26.2% |
| 2022 | 47.8% | -2.4% | 6.0% |
| 2021 | 45.5% | -81.5% | -78.5% |
| 2020 | 49.0% | -140.1% | -134.5% |
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Full Truck Alliance Co. Ltd. (YMM) Earnings Overview
As of February 28, 2026, Full Truck Alliance Co. Ltd. (YMM) reported trailing twelve-month net income of $4.18B, reflecting +0.5% year-over-year growth. The company earned $3.99 per diluted share over the past four quarters, with a net profit margin of 0.3%.
Looking at the long-term picture, YMM's historical earnings data spans multiple years. The company achieved its highest annual net income of $3.07B in fiscal 2024, representing a new all-time high.
Full Truck Alliance Co. Ltd. maintains positive profitability with a gross margin of 0.9%, operating margin of 0.2%, and net margin of 0.3%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including SAP ($7.31B net income, 0.2% margin), UBER ($10.05B net income, 0.2% margin), QXO (-$279M net income, -0.0% margin), YMM has outperformed on profitability metrics. Compare YMM vs SAP →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
6 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $3.07B | +38.7% | $2.47B | $2.94 | 27.3% | 22.0% |
| 2023 | $2.21B | +444.0% | $997M | $2.00 | 26.2% | 11.8% |
| 2022 | $407M | +111.1% | -$162M | $0.40 | 6.0% | -2.4% |
| 2021 | -$3.65B | -5.3% | -$3.80B | $-3.40 | -78.5% | -81.5% |
| 2020 | -$3.47B | -127.8% | -$3.61B | $-3.20 | -134.5% | -140.1% |
| 2019 | -$1.52B | - | -$1.02B | $-1.42 | -61.6% | -41.3% |
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Start ComparisonFrequently Asked Questions
Is YMM growing earnings?
YMM EPS of $3.99 reflects slowing growth at +0.5%, below the 5-year CAGR of N/A. TTM net income is $4.2B. Expansion rate has moderated.
What are YMM's profit margins?
Full Truck Alliance Co. Ltd. net margin is +0.3%, with operating margin at +0.2%. Below-average margins reflect competitive or cost pressures.
How consistent are YMM's earnings?
YMM earnings data spans 2019-2024. The current earnings trend is +0.5% YoY. Historical data enables comparison across business cycles.