PDD Holdings (PDD) Asset Utilization Ratio (2018 - 2026)
PDD Holdings' (PDD) quarterly Asset Utilization Ratio came in at 0.68 in Q2 2026, down 8.89% year-over-year from 0.75 in Q2 2025, and down 1.6% quarter-over-quarter from 0.69 in Q1 2026.
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Analysis
PDD Holdings (PDD) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
PDD Holdings has disclosed Asset Utilization Ratio across 9 years of filings, most recently posting 0.68 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 8.89% year-over-year to 0.68; the TTM figure through Jun 2026 stood at 0.68 (down 8.89% YoY), while the FY2025 annual figure was 0.78, down 15.06% from the prior year.
- Asset Utilization Ratio came in at 0.68 for Q2 2026 at PDD Holdings, down from 0.69 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.85 in Q2 2024 to a low of 0.54 in Q1 2022.
- Average Asset Utilization Ratio over 5 years is 0.7, with a median of 0.69 recorded in 2025.
- Year-over-year, Asset Utilization Ratio soared 33.44% in 2024 and decreased 14.98% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.61 in 2022, then increased by 23.76% to 0.76 in 2023, then gained by 5.47% to 0.8 in 2024, then decreased by 13.35% to 0.69 in 2025, then dropped by 1.51% to 0.68 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.68 in Q2 2026, 0.69 in Q1 2026, and 0.69 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | 0.53 |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 0.98 |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | 0.68 |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 0.47 |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 0.72 |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 0.67 |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 0.57 |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 1.13 |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | - |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn | 1.12 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.68 |
| Mar 31, 2026 | 0.69 |
| Dec 31, 2025 | 0.69 |
| Sep 30, 2025 | 0.70 |
| Jun 30, 2025 | 0.75 |
| Mar 31, 2025 | 0.78 |
| Dec 31, 2024 | 0.80 |
| Sep 30, 2024 | 0.83 |
| Jun 30, 2024 | 0.85 |
| Mar 31, 2024 | 0.82 |
| Dec 31, 2023 | 0.76 |
| Sep 30, 2023 | 0.69 |
| Jun 30, 2023 | 0.64 |
| Mar 31, 2023 | 0.61 |
| Dec 31, 2022 | 0.61 |
| Sep 30, 2022 | 0.61 |
| Jun 30, 2022 | 0.58 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | 0.54 |
| Sep 30, 2021 | 0.57 |
API Access
PDD Holdings Asset Utilization Ratio 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=asset-utilization-ratio&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "PDD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();