PDD Holdings (PDD) Debt Ratio (2017 - 2025)

PDD Holdings' (PDD) quarterly Debt Ratio came in at 0.0 in Q3 2025, down 7.88% quarter-over-quarter from 0.0 in Q2 2025.

PDD Holdings (PDD) Debt Ratio (2017 - 2025) Analysis & Trends

PDD Holdings has disclosed Debt Ratio across 9 years of filings, most recently posting 0.0 for Q3 2025.

  • Debt Ratio for Q3 2025 came in at 0.0, changed N/A year-over-year; the trailing twelve-month figure through Sep 2025 was 0.0 (changed N/A YoY), and the FY2024 annual result was 0.01, up 464.24% from the prior year.
  • Debt Ratio came in at 0.0 for Q3 2025 at PDD Holdings, down from 0.0 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 56898.91 in Q1 2023 to a low of 0.0 in Q2 2024.
  • The 5-year median for Debt Ratio is 0.0 (2023), against an average of 4741.58.
  • Across the five-year window, Debt Ratio tumbled 100.0% in 2024 and soared 1617030.34% in 2025, its largest moves.
  • PDD Holdings' Debt Ratio stood at 0.01 in 2021, then surged by 440.58% to 0.06 in 2022, then plunged by 96.82% to 0.0 in 2023, then surged by 464.24% to 0.01 in 2024, then plunged by 99.92% to 0.0 in 2025.
  • The last three Debt Ratio figures came in at 0.0 (Q3 2025), 0.0 (Q2 2025), and 0.0 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 0.13
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 0.21
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn -
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn -
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 0.38
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 0.10
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn 0.04
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn 1.02
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn -
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn -

Historic Data

Download Data
DateValue
Sep 30, 2025 0.00
Jun 30, 2025 0.00
Mar 31, 2025 0.00
Dec 31, 2024 0.01
Jun 30, 2024 0.00
Mar 31, 2024 0.00
Dec 31, 2023 0.00
Sep 30, 2023 0.00
Jun 30, 2023 0.00
Mar 31, 2023 56,898.91
Dec 31, 2022 0.06
Dec 31, 2021 0.01
Dec 31, 2020 0.02
Dec 31, 2019 0.02
Jun 30, 2019 0.11
Dec 31, 2018 0.01
Dec 31, 2017 0.01