PDD Holdings PDD
NASDAQ PDD
$83.20 -0.80 (-0.95%)
As of: Sep 1, 2026 · 2:30 PM EDT

PDD Holdings (PDD) Debt Ratio (2019 - 2025)

PDD Holdings (PDD) posted Debt Ratio of 0.0 for Q4 2025, up 90147.56% sequentially from 0.0 in Q3 2025, and down 83.6% YoY from 0.01 in Q4 2024.

Analysis

PDD Holdings (PDD) Debt Ratio (2019 - 2025) Analysis & Trends

PDD Holdings has reported Debt Ratio for 9 years, with the latest figure at 0.0 in Q4 2025.

  • Quarterly Debt Ratio fell 83.6% year-over-year to 0.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.0 (down 83.6% YoY) and the FY2025 annual result came in at 0.0, down 84.29% from the prior year.
  • Debt Ratio grew to 0.0 in Q4 2025 per PDD's latest filing, from 0.0 in the prior quarter.
  • Over five years, Debt Ratio peaked at 43652.08 in Q3 2021 and troughed at 0.0 in Q3 2025.
  • A 5-year average of 4620.0 and a median of 0.0 in 2022 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio plunged 100.0% in 2022, then soared 67533438284.83% in 2023.
  • Over 5 years, Debt Ratio stood at 0.01 in 2021, then jumped by 440.58% to 0.06 in 2022, then plunged by 96.82% to 0.0 in 2023, then jumped by 464.24% to 0.01 in 2024, then plunged by 83.6% to 0.0 in 2025.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.0, 0.0, and 0.0 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Amazon Com 2,746.20 Bn 2,623.21 Bn 198.88 Bn 0.12
2 PDD Holdings 116.28 Bn -48,010.13 Bn 9.45 Bn -
3 DoorDash 98.95 Bn 93.61 Bn 2.35 Bn -
4 Mercadolibre 98.90 Bn 83.71 Bn 4.16 Bn 0.21
5 Sea 67.51 Bn 59.11 Bn 3.55 Bn -
6 Ebay 46.90 Bn 43.59 Bn 2.30 Bn 0.38
7 JD.com 39.64 Bn 7.09 Bn 16.50 Bn 0.03
8 Coupang 28.35 Bn 22.24 Bn 2.49 Bn 0.15
9 Wayfair 12.44 Bn 11.30 Bn 1.05 Bn 0.95
10 Maplebear 11.73 Bn 10.88 Bn 751.00 Mn -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2025 0.00
Jun 30, 2025 0.00
Mar 31, 2025 9.99
Dec 31, 2024 0.01
Sep 30, 2024 0.01
Jun 30, 2024 0.01
Mar 31, 2024 0.01
Dec 31, 2023 0.02
Sep 30, 2023 0.05
Jun 30, 2023 0.06
Mar 31, 2023 0.06
Dec 31, 2022 0.07
Sep 30, 2022 75.32
Jun 30, 2022 76.27
Mar 31, 2022 83.32
Dec 31, 2021 0.07
Sep 30, 2021 70,165.64
Jun 30, 2021 72,422.24
Mar 31, 2021 74.97
Dec 31, 2020 0.09