PDD Financial Ratios
NASDAQ: PDDConsumer DiscretionaryBusiness ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
PDD ratio analysis
PDD earned a net margin of 22.7% in FY 2025, down from 28.5% a year earlier. Gross margin was 56.3% compared with a median of 67.6% over the prior 7 years. Return on equity reached 23.7%, meaning PDD generated 0.24 dollars of profit for every dollar of shareholders' equity.
At the end of FY 2025, PDD traded at 49.0 times earnings; across the 5 fiscal years shown, its year-end P/E ranged from 37.2 to 277.6, with a median of 100.9. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
PDD financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 49.05 | 37.24 | 100.90 | 103.23 | 277.62 | — | — | — |
| Price / sales | 10.48 | 9.93 | 22.72 | 0.02 | 19.82 | 92.92 | 43.70 | 35.30 |
| Price / book | 10.95 | 12.49 | 30.05 | 0.02 | 24.79 | 91.86 | 53.44 | 24.60 |
| Gross margin | 56.3% | 60.9% | 63.0% | 75.9% | 66.2% | 67.6% | 79.0% | 77.9% |
| Operating margin | 21.6% | 27.5% | 23.7% | 23.3% | 7.3% | -15.8% | -28.3% | -82.3% |
| Net margin | 22.7% | 28.5% | 24.2% | 24.2% | 8.3% | -12.1% | -23.1% | -77.9% |
| Free cash flow margin | 24.8% | 31.0% | 38.0% | 37.2% | 30.6% | 47.3% | 49.1% | 59.0% |
| Return on equity (ROE) | 23.7% | 35.9% | 32.1% | 26.8% | 10.3% | -11.9% | -28.3% | -54.3% |
| Return on assets (ROA) | 15.5% | 22.3% | 17.2% | 13.3% | 4.3% | -4.5% | -9.2% | -23.7% |
| Current ratio | 2.43 | 2.21 | 1.93 | 1.85 | 1.72 | 1.78 | 1.60 | 1.66 |
| Revenue growth | 14.5% | 54.7% | 84.3% | 28.4% | 61.7% | 110.6% | 126.9% | — |
| EPS growth | -9.2% | 79.3% | 83.5% | 276.2% | — | — | — | — |