JD.com (JD) FCF Margin (2013 - 2026)
JD.com's FCF Margin came in at 11.71% for Q2 2026, up 4.39 percentage points from 7.32% a year earlier and up 11.05 percentage points from the prior quarter.
JD.com (JD) FCF Margin (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, JD.com reported FCF Margin of 4.70%, up 2.22 percentage points year-over-year; for FY2025, it was 1.86%, down 3.84 percentage points from FY2024.
- FCF Margin has declined in each of the last three years, with a five-year change of -4.30 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 5.69% in FY2024 (-0.17 pp), 5.86% in FY2023 (-0.19 pp), 6.05% in FY2022 (+1.08 pp) and 4.98% in FY2021 (-1.18 pp).
- The Q2 2026 figure represents the highest quarterly FCF Margin since Q2 2024.
- Year-over-year, FCF Margin increased in three of the last eight quarters, with an average year-over-year change of -1.38 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q1 2026 (a gain of 6.26 percentage points), and the weakest in Q2 2025 (a drop of 10.75 percentage points).
- Business Quant data shows JD's FCF Margin at 0.67% (Q1 2026), 6.71% (Q4 2025) and -1.83% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn | -4.40% |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn | 9.42% |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn | 11.39% |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn | 12.01% |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn | 9.97% |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn | 14.29% |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn | 2.54% |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn | 9.17% |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn | 9.43% |
| 10 | JD.com | 32.86 Bn | -77.35 Bn | 8.71 Bn | 10.85% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.85% |
| Mar 31, 2026 | 0.17% |
| Dec 31, 2025 | 5.93% |
| Sep 30, 2025 | -2.69% |
| Jun 30, 2025 | 6.78% |
| Mar 31, 2025 | -6.07% |
| Dec 31, 2024 | 7.17% |
| Sep 30, 2024 | -2.39% |
| Jun 30, 2024 | 17.41% |
| Mar 31, 2024 | -4.35% |
| Dec 31, 2023 | 6.41% |
| Sep 30, 2023 | 6.06% |
| Jun 30, 2023 | 16.15% |
| Mar 31, 2023 | -8.89% |
| Dec 31, 2022 | 6.26% |
| Sep 30, 2022 | 3.76% |
| Jun 30, 2022 | 12.58% |
| Mar 31, 2022 | -1.45% |
| Dec 31, 2021 | 2.35% |
| Sep 30, 2021 | 6.61% |
JD.com FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=JD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "JD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=JD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();