NetEase (NTES) EV to EBIT (2009 - 2026)
NetEase's (NTES) EV to EBIT was 12.16 for the quarter ended Jun 30, 2026, down 23.1% from 15.81 a year earlier but up 11.9% from the prior quarter.
NetEase (NTES) EV to EBIT (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, NetEase's EV to EBIT came in at 6.63, down 40.5% year-over-year; for the year ended Dec 31, 2025, it came in at 15.32, up 28.0% from the prior year.
- By year, EV to EBIT came in at 11.97 in the year ended Dec 31, 2024 (-17.6%), 14.53 in the year ended Dec 31, 2023 (-3.2%), 15.00 in the year ended Dec 31, 2022 (-38.7%) and 24.48 in the year ended Dec 31, 2021 (-10.4%).
- Five-year quarterly EV to EBIT spans a low of 10.86 in the quarter ended Mar 31, 2026 and a high of 24.78 in the quarter ended Dec 31, 2021.
- Year over year, EV to EBIT gained in three of the last eight quarters, with an average decline of 2.2%.
- The high point for year-over-year EV to EBIT in five years was the quarter ended Dec 31, 2025 (growth of 34.4%); the low point was the quarter ended Jun 30, 2022 (a decline of 43.4%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 10.86 (quarter ended Mar 31, 2026), 15.79 (quarter ended Dec 31, 2025) and 17.96 (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn |
| 10 | NetEase | 74.83 Bn | 32.10 Bn | 3.13 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.16 |
| Mar 31, 2026 | 10.86 |
| Dec 31, 2025 | 15.79 |
| Sep 30, 2025 | 17.96 |
| Jun 30, 2025 | 15.81 |
| Mar 31, 2025 | 12.73 |
| Dec 31, 2024 | 11.75 |
| Sep 30, 2024 | 13.94 |
| Jun 30, 2024 | 14.23 |
| Mar 31, 2024 | 15.31 |
| Dec 31, 2023 | 14.48 |
| Sep 30, 2023 | 17.11 |
| Jun 30, 2023 | 18.43 |
| Mar 31, 2023 | 17.27 |
| Dec 31, 2022 | 14.59 |
| Sep 30, 2022 | 15.09 |
| Jun 30, 2022 | 19.58 |
| Mar 31, 2022 | 20.15 |
| Dec 31, 2021 | 24.78 |
| Sep 30, 2021 | 22.79 |
NetEase EV to EBIT 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=ev-to-ebit&ticker=NTES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "ticker": "NTES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=NTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();