PDD Holdings PDD
NASDAQ PDD
$82.21 +0.58 (+0.71%)
At close: Sep 4, 2026 · 4:00 PM EDT

PDD Holdings (PDD) EV to FCF (2018 - 2026)

PDD Holdings' (PDD) quarterly EV to FCF came in at 20.77 in Q2 2026, down 47.57% year-over-year from 39.61 in Q2 2025, and down 57.74% quarter-over-quarter from 49.14 in Q1 2026.

Analysis

PDD Holdings (PDD) EV to FCF (2018 - 2026) Analysis & Trends

PDD Holdings has disclosed EV to FCF across 9 years of filings, most recently posting 20.77 for Q2 2026.

  • In Q2 2026, EV to FCF fell 47.57% year-over-year to 20.77; the TTM figure through Jun 2026 stood at 4.9 (down 46.17% YoY), while the FY2025 annual figure was 8.85, up 25.56% from the prior year.
  • EV to FCF came in at 20.77 for Q2 2026 at PDD Holdings, down from 49.14 in the prior quarter.
  • In the past five years, EV to FCF ranged from a high of 421.24 in Q1 2023 to a low of 2621.28 in Q2 2024.
  • Average EV to FCF over 5 years is 94.89, with a median of 32.25 recorded in 2024.
  • Year-over-year, EV to FCF surged 1797.61% in 2023 and plunged 12279.47% in 2024.
  • Over 5 years, EV to FCF 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 FCF figures were 20.77 in Q2 2026, 49.14 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

Historic Data

Download Data
DateValue
Jun 30, 2026 20.77
Mar 31, 2026 49.14
Dec 31, 2025 39.33
Sep 30, 2025 25.26
Jun 30, 2025 39.61
Mar 31, 2025 64.27
Dec 31, 2024 29.02
Sep 30, 2024 41.54
Jun 30, 2024 -2,621.28
Mar 31, 2024 46.04
Dec 31, 2023 35.49
Sep 30, 2023 23.61
Jun 30, 2023 21.52
Mar 31, 2023 421.24
Dec 31, 2022 24.58
Sep 30, 2022 35.87
Jun 30, 2022 20.78
Mar 31, 2022 -24.81
Dec 31, 2021 24.63
Sep 30, 2021 70.16