PDD Holdings (PDD) Price to FCF (2018 - 2026)
PDD Holdings' (PDD) quarterly Price to FCF came in at 28.8 in Q2 2026, down 40.86% year-over-year from 48.7 in Q2 2025, and down 52.99% quarter-over-quarter from 61.26 in Q1 2026.
Analysis
PDD Holdings (PDD) Price to FCF (2018 - 2026) Analysis & Trends
PDD Holdings has disclosed Price to FCF across 9 years of filings, most recently posting 28.8 for Q2 2026.
- In Q2 2026, Price to FCF fell 40.86% year-over-year to 28.8; the TTM figure through Jun 2026 stood at 6.8 (down 39.28% YoY), while the FY2025 annual figure was 10.56, up 30.63% from the prior year.
- Price to FCF came in at 28.8 for Q2 2026 at PDD Holdings, down from 61.26 in the prior quarter.
- In the past five years, Price to FCF ranged from a high of 512.09 in Q1 2023 to a low of 35.5 in Q1 2022.
- Average Price to FCF over 5 years is 62.79, with a median of 36.05 recorded in 2024.
- Year-over-year, Price to FCF soared 1542.71% in 2023 and slumped 89.4% in 2024.
- Over 5 years, Price to FCF stood at 27.96 in 2022, then soared by 38.59% to 38.74 in 2023, then dropped by 13.9% to 33.36 in 2024, then surged by 40.29% to 46.8 in 2025, then plunged by 38.45% to 28.8 in 2026.
- Per Business Quant data, the three most recent Price to FCF figures were 28.8 in Q2 2026, 61.26 in Q1 2026, and 46.8 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 | 28.80 |
| Mar 31, 2026 | 61.26 |
| Dec 31, 2025 | 46.80 |
| Sep 30, 2025 | 28.84 |
| Jun 30, 2025 | 48.70 |
| Mar 31, 2025 | 77.19 |
| Dec 31, 2024 | 33.36 |
| Sep 30, 2024 | 48.30 |
| Jun 30, 2024 | 30.24 |
| Mar 31, 2024 | 54.29 |
| Dec 31, 2023 | 38.74 |
| Sep 30, 2023 | 28.77 |
| Jun 30, 2023 | 27.31 |
| Mar 31, 2023 | 512.09 |
| Dec 31, 2022 | 27.96 |
| Sep 30, 2022 | 46.45 |
| Jun 30, 2022 | 26.60 |
| Mar 31, 2022 | -35.50 |
| Dec 31, 2021 | 28.64 |
| Sep 30, 2021 | 83.16 |