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.
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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 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn |
| 10 | AppLovin | 104.19 Bn | 94.23 Bn | 1.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.80 |
| Mar 31, 2026 | 9.57 |
| Dec 31, 2025 | 10.79 |
| Sep 30, 2025 | 11.83 |
| Jun 30, 2025 | 11.20 |
| Mar 31, 2025 | 10.25 |
| Dec 31, 2024 | 8.00 |
| Sep 30, 2024 | 10.29 |
| Jun 30, 2024 | 9.79 |
| Mar 31, 2024 | 10.01 |
| Dec 31, 2023 | 15.22 |
| Sep 30, 2023 | 10.89 |
| Jun 30, 2023 | 10.04 |
| Mar 31, 2023 | 11.53 |
| Dec 31, 2022 | 15.24 |
| Sep 30, 2022 | 13.67 |
| Jun 30, 2022 | 14.38 |
| Mar 31, 2022 | 13.95 |
| Dec 31, 2021 | 16.42 |
| Sep 30, 2021 | 26.64 |
API Access
PDD Holdings Price to FCF 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=price-to-fcf&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "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=price-to-fcf&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();