PDD Holdings (PDD) EV to CFO (2018 - 2026)
PDD Holdings' (PDD) quarterly EV to CFO came in at 20.77 in Q2 2026, down 47.06% year-over-year from 39.23 in Q2 2025, and down 57.56% quarter-over-quarter from 48.94 in Q1 2026.
Analysis
PDD Holdings (PDD) EV to CFO (2018 - 2026) Analysis & Trends
PDD Holdings has disclosed EV to CFO across 9 years of filings, most recently posting 20.77 for Q2 2026.
- In Q2 2026, EV to CFO fell 47.06% year-over-year to 20.77; the TTM figure through Jun 2026 stood at 4.89 (down 45.85% YoY), while the FY2025 annual figure was 8.85, up 25.5% from the prior year.
- EV to CFO came in at 20.77 for Q2 2026 at PDD Holdings, down from 48.94 in the prior quarter.
- In the past five years, EV to CFO ranged from a high of 422.86 in Q1 2023 to a low of 2631.41 in Q2 2024.
- Average EV to CFO over 5 years is 95.28, with a median of 32.25 recorded in 2024.
- Year-over-year, EV to CFO jumped 1806.17% in 2023 and sank 11909.6% in 2024.
- Over 5 years, EV to CFO stood at 24.58 in 2022, then soared by 44.35% to 35.49 in 2023, then dropped by 18.24% to 29.02 in 2024, then surged by 35.53% to 39.33 in 2025, then slumped by 47.19% to 20.77 in 2026.
- Per Business Quant data, the three most recent EV to CFO figures were 20.77 in Q2 2026, 48.94 in Q1 2026, and 39.33 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alibaba Group Holding | 262.96 Bn | 227.70 Bn | 15.11 Bn |
| 2 | Booking Holdings | 145.23 Bn | 128.02 Bn | 4.98 Bn |
| 3 | PDD Holdings | 117.02 Bn | 86.74 Bn | 9.45 Bn |
| 4 | Airbnb | 107.34 Bn | 95.28 Bn | 2.98 Bn |
| 5 | Mercadolibre | 100.30 Bn | 85.10 Bn | 4.16 Bn |
| 6 | Ebay | 46.02 Bn | 42.71 Bn | 2.30 Bn |
| 7 | Expedia | 34.12 Bn | 26.99 Bn | 3.91 Bn |
| 8 | Maplebear | 11.90 Bn | 11.05 Bn | 751.00 Mn |
| 9 | Full Truck Alliance | 8.08 Bn | 7.12 Bn | - |
| 10 | Etsy | 7.07 Bn | 5.94 Bn | 484.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.77 |
| Mar 31, 2026 | 48.94 |
| Dec 31, 2025 | 39.33 |
| Sep 30, 2025 | 25.13 |
| Jun 30, 2025 | 39.23 |
| Mar 31, 2025 | 64.16 |
| Dec 31, 2024 | 29.02 |
| Sep 30, 2024 | 40.67 |
| Jun 30, 2024 | -2,631.41 |
| Mar 31, 2024 | 46.49 |
| Dec 31, 2023 | 35.49 |
| Sep 30, 2023 | 23.82 |
| Jun 30, 2023 | 22.28 |
| Mar 31, 2023 | 422.86 |
| Dec 31, 2022 | 24.58 |
| Sep 30, 2022 | 37.31 |
| Jun 30, 2022 | 21.11 |
| Mar 31, 2022 | -24.78 |
| Dec 31, 2021 | 24.63 |
| Sep 30, 2021 | 69.88 |