Growth Metrics

PDD Holdings (PDD) FCF Margin (2017 - 2025)

Historic FCF Margin for Holdings (PDD) over the last 9 years, with Q3 2025 value amounting to 41.95%.

  • Holdings' FCF Margin rose 142500.0% to 41.95% in Q3 2025 from the same period last year, while for Sep 2025 it was 26.79%, marking a year-over-year decrease of 79100.0%. This contributed to the annual value of 31.2% for FY2024, which is 65800.0% down from last year.
  • Holdings' FCF Margin amounted to 41.95% in Q3 2025, which was up 142500.0% from 20.61% recorded in Q2 2025.
  • Over the past 5 years, Holdings' FCF Margin peaked at 66.68% during Q4 2022, and registered a low of 38.11% during Q1 2022.
  • Its 5-year average for FCF Margin is 30.56%, with a median of 32.82% in 2022.
  • In the last 5 years, Holdings' FCF Margin crashed by -254700bps in 2021 and then soared by 416700bps in 2023.
  • Over the past 5 years, Holdings' FCF Margin (Quarter) stood at 60.22% in 2021, then rose by 11bps to 66.68% in 2022, then tumbled by -38bps to 41.51% in 2023, then crashed by -36bps to 26.71% in 2024, then skyrocketed by 57bps to 41.95% in 2025.
  • Its last three reported values are 41.95% in Q3 2025, 20.61% for Q2 2025, and 16.19% during Q1 2025.