NetEase (NTES) FCF Payout Ratio (2013 - 2026)
NetEase's (NTES) quarterly FCF Payout Ratio came in at 0.32 in Q2 2026, down 13.05% on a YoY basis from 0.36 in Q2 2025, and up 14.13% quarter-over-quarter from 0.37 in Q1 2026.
Analysis
NetEase (NTES) FCF Payout Ratio (2013 - 2026) Analysis & Trends
NetEase (NTES) has reported FCF Payout Ratio for 14 consecutive years, with 0.32 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Payout Ratio fell 13.05% year-over-year to 0.32; the trailing twelve-month figure through Jun 2026 stood at 0.16 (down 171.14% YoY), and the FY2025 full-year result was 0.27, up 2.11% from the prior year.
- FCF Payout Ratio climbed to 0.32 in Q2 2026 per NTES's latest filing, from 0.37 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 0.04 in Q1 2023 and bottomed at 0.37 in Q1 2026.
- Historically, FCF Payout Ratio has averaged 0.05 across 5 years, with a median of 0.01 in 2023.
- The sharpest annual moves came in 2022 and 2026: FCF Payout Ratio jumped 134.02% in 2022, then plunged 4833.26% in 2026.
- Over 5 years, FCF Payout Ratio stood at 0.03 in 2022, then slumped by 79.3% to 0.01 in 2023, then slumped by 68.74% to 0.0 in 2024, then slumped by 33.0% to 0.0 in 2025, then slumped by 25856.05% to 0.32 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.32, 0.37, and 0.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 73.81 Bn | 63.67 Bn | 3.13 Bn | 0.32 |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | - |
| 3 | Take Two Interactive Software | 40.29 Bn | 38.47 Bn | 882.50 Mn | - |
| 4 | Roblox | 32.49 Bn | 29.45 Bn | 1.18 Bn | - |
| 5 | The9 | 3.01 Bn | 3.00 Bn | 319,000.00 | - |
| 6 | Playtika Holding | 881.03 Mn | 442.53 Mn | 538.20 Mn | - |
| 7 | DoubleDown Interactive | 628.34 Mn | 74.78 Mn | 71.22 Mn | - |
| 8 | Gravity | 495.39 Mn | 494.95 Mn | 34,891.11 | - |
| 9 | Sohu.com | 356.62 Mn | -476.01 Mn | 133.81 Mn | - |
| 10 | Gdev | 206.92 Mn | 124.67 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.32 |
| Mar 31, 2026 | -0.37 |
| Dec 31, 2025 | 0.00 |
| Sep 30, 2025 | 0.02 |
| Jun 30, 2025 | -0.28 |
| Mar 31, 2025 | 0.01 |
| Dec 31, 2024 | 0.00 |
| Sep 30, 2024 | 0.02 |
| Jun 30, 2024 | 0.02 |
| Mar 31, 2024 | 0.01 |
| Dec 31, 2023 | 0.01 |
| Sep 30, 2023 | 0.01 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.02 |
| Dec 31, 2021 | -0.08 |
| Sep 30, 2021 | -0.15 |
| Jun 30, 2021 | -0.25 |
| Mar 31, 2021 | -0.04 |