PDD Holdings (PDD) Return on Capital Employed (2018 - 2025)
PDD Holdings' (PDD) quarterly Return on Capital Employed came in at 0.03% in Q4 2025, down 1.0% year-on-year from 0.03% in Q4 2024, and up 98.57% quarter-over-quarter from 0.02% in Q3 2025.
PDD Holdings (PDD) Return on Capital Employed (2018 - 2025) Analysis & Trends
PDD Holdings has disclosed Return on Capital Employed across 8 years of filings, most recently posting 0.03% for Q4 2025.
- Return on Capital Employed for Q4 2025 came in at 0.03%, down 1.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.03% (down 1.0% YoY), and the FY2025 annual result was 26.75%, down 1787.0% from the prior year.
- Return on Capital Employed came in at 0.03% for Q4 2025 at PDD Holdings, up from 0.02% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 1011.32% in Q1 2023 to a low of 223.49% in Q4 2021.
- The 5-year median for Return on Capital Employed is 0.02% (2024), against an average of 39.29%.
- Across the five-year window, Return on Capital Employed soared 101130 bps in 2023 and tumbled 101127 bps in 2024, its largest moves.
- PDD Holdings' Return on Capital Employed stood at 223.49% in 2021, then soared by 100 bps to 0.03% in 2022, then advanced by 27 bps to 0.04% in 2023, then increased by 18 bps to 0.05% in 2024, then plunged by 32 bps to 0.03% in 2025.
- The last three Return on Capital Employed figures came in at 0.03% (Q4 2025), 0.02% (Q3 2025), and 0.02% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 12.12% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 23.76% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 5.26% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 0.03% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 18.13% |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 0.97% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 246,132.27% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 11.64% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 20.87% |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 30.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.03% |
| Sep 30, 2025 | 0.02% |
| Jun 30, 2025 | 0.02% |
| Mar 31, 2025 | 0.04% |
| Dec 31, 2024 | 0.05% |
| Sep 30, 2024 | 0.02% |
| Jun 30, 2024 | 0.02% |
| Mar 31, 2024 | 0.04% |
| Dec 31, 2023 | 0.04% |
| Sep 30, 2023 | 0.02% |
| Jun 30, 2023 | 0.03% |
| Mar 31, 2023 | 1,011.32% |
| Dec 31, 2022 | 0.03% |
| Sep 30, 2022 | 0.01% |
| Jun 30, 2022 | 0.01% |
| Mar 31, 2022 | 0.02% |
| Dec 31, 2021 | -223.49% |
| Sep 30, 2021 | -2.41% |
| Jun 30, 2021 | 0.00% |
| Mar 31, 2021 | 0.00% |