PDD Holdings (PDD) Debt Ratio (2017 - 2026)
PDD Holdings' (PDD) quarterly Debt Ratio came in at 0.0 in Q2 2026, down 83.11% year-over-year from 0.01 in Q2 2025, and down 2.9% quarter-over-quarter from 0.0 in Q1 2026.
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Analysis
PDD Holdings (PDD) Debt Ratio (2017 - 2026) Analysis & Trends
PDD Holdings has disclosed Debt Ratio across 10 years of filings, most recently posting 0.0 for Q2 2026.
- In Q2 2026, Debt Ratio fell 83.11% year-over-year to 0.0; the TTM figure through Jun 2026 stood at 0.0 (down 83.11% YoY), while the FY2025 annual figure was 0.0, down 85.75% from the prior year.
- Debt Ratio came in at 0.0 for Q2 2026 at PDD Holdings, down from 0.0 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.07 in Q4 2022 to a low of 0.0 in Q4 2025.
- Average Debt Ratio over 5 years is 0.02, with a median of 0.01 recorded in 2025.
- Year-over-year, Debt Ratio soared 1193952.49% in 2022 and sank 95.71% in 2024.
- Over 5 years, Debt Ratio stood at 0.07 in 2022, then tumbled by 91.74% to 0.01 in 2023, then surged by 123.18% to 0.01 in 2024, then tumbled by 85.74% to 0.0 in 2025, then advanced by 10.22% to 0.0 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.0 in Q2 2026, 0.0 in Q1 2026, and 0.0 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | 0.04 |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 0.68 |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | 0.00 |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 0.09 |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 0.21 |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 0.38 |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 0.19 |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | - |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | - |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn | 1.49 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.00 |
| Mar 31, 2026 | 0.00 |
| Dec 31, 2025 | 0.00 |
| Sep 30, 2025 | 0.01 |
| Jun 30, 2025 | 0.01 |
| Mar 31, 2025 | 0.01 |
| Dec 31, 2024 | 0.01 |
| Sep 30, 2024 | 0.00 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.00 |
| Dec 31, 2023 | 0.01 |
| Sep 30, 2023 | 0.05 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.07 |
| Dec 31, 2022 | 0.07 |
| Sep 30, 2022 | 0.01 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.00 |
| Sep 30, 2021 | 0.04 |
API Access
PDD Holdings Debt 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=debt-ratio&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();