Growth Metrics

JD.com (JDCMF) Debt Ratio (2014 - 2026)

JD.com (JDCMF) reported Debt Ratio of 0.03 for Q1 2026, down 21.64% year-over-year from 0.04 in Q1 2025, and up 3.97% on a QoQ basis from 0.03 in Q4 2025.

JD.com (JDCMF) has 13 years of Debt Ratio data on file, last reported at 0.03 in Q1 2026.

  • Quarterly Debt Ratio fell 21.64% year-over-year to 0.03 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.03 (down 21.64% YoY) and the FY2025 annual result came in at 0.03, down 24.53% from the prior year.
  • Debt Ratio grew to 0.03 in Q1 2026 per JDCMF's latest filing, from 0.03 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.05 in Q4 2022 and bottomed at 0.02 in Q3 2023.
  • The 5-year median for Debt Ratio is 0.03 (2025), against an average of 0.03.
  • The widest annual swing landed in 2023, when Debt Ratio sank 54.54%; it then surged 120.94% in 2024.
  • Tracing JDCMF's Debt Ratio over 5 years: stood at 0.05 in 2022, then slumped by 54.54% to 0.02 in 2023, then jumped by 84.91% to 0.05 in 2024, then slumped by 32.14% to 0.03 in 2025, then gained by 3.97% to 0.03 in 2026.
  • Per Business Quant, the three latest JDCMF Debt Ratio figures stand at 0.03 (Q1 2026), 0.03 (Q4 2025), and 0.03 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Amazon Com 2,907.49 Bn 2,764.40 Bn 171.21 Bn 0.13
2 Mercadolibre 85.96 Bn 80.31 Bn 3.86 Bn 0.21
3 DoorDash 69.36 Bn 64.50 Bn 2.04 Bn -
4 PDD Holdings 66.56 Bn 41.90 Bn 12.81 Bn 0.00
5 Ebay 48.95 Bn 45.09 Bn 2.29 Bn 0.38
6 Coupang 30.30 Bn 30.21 Bn 2.30 Bn 0.10
7 Maplebear 9.52 Bn 8.83 Bn 738.00 Mn -
8 Wayfair 9.47 Bn 8.40 Bn 880.00 Mn 1.02
9 Chewy 9.33 Bn 8.46 Bn 959.70 Mn -
10 JD.com - - 7.66 Bn 0.03

Historic Data

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DateValue
Mar 31, 2026 0.03
Dec 31, 2025 0.03
Sep 30, 2025 0.03
Jun 30, 2025 0.03
Mar 31, 2025 0.04
Dec 31, 2024 0.05
Sep 30, 2024 0.04
Jun 30, 2024 0.04
Mar 31, 2024 0.02
Dec 31, 2023 0.02
Sep 30, 2023 0.02
Jun 30, 2023 0.02
Mar 31, 2023 0.02
Dec 31, 2022 0.05
Sep 30, 2022 0.02
Jun 30, 2022 0.02
Mar 31, 2022 0.02
Dec 31, 2021 0.03
Sep 30, 2021 0.02
Jun 30, 2021 0.02
Mar 31, 2021 0.02
Dec 31, 2020 0.01
Sep 30, 2020 0.03
Jun 30, 2020 0.03
Mar 31, 2020 0.06
Dec 31, 2019 0.01
Sep 30, 2019 0.03
Jun 30, 2019 0.03
Mar 31, 2019 0.03
Dec 31, 2018 0.02
Sep 30, 2018 0.03
Jun 30, 2018 0.03
Mar 31, 2018 0.03
Dec 31, 2017 0.04
Sep 30, 2017 0.04
Jun 30, 2017 0.04
Mar 31, 2017 0.04
Dec 31, 2016 0.04
Sep 30, 2016 0.05
Jun 30, 2016 0.05
Mar 31, 2016 0.00
Dec 31, 2015 0.00
Sep 30, 2015 0.00
Jun 30, 2015 0.00
Mar 31, 2015 0.00
Dec 31, 2014 0.00
Sep 30, 2014 0.00
Jun 30, 2014 0.01