PDD Holdings (PDD) Return on Capital Employed (2018 - 2025)

PDD Holdings (PDD) posted Return on Capital Employed of 0.03% for Q4 2025, up 98.55% sequentially from 0.02% in Q3 2025, and down 1.0% YoY from 0.03% in Q4 2024.

PDD Holdings (PDD) Return on Capital Employed (2018 - 2025) Analysis & Trends

PDD Holdings has reported Return on Capital Employed for 8 years, with the latest figure at 0.03% in Q4 2025.

  • Quarterly Return on Capital Employed fell 1.0% year-over-year to 0.03% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.03% (down 1.0% YoY) and the FY2025 annual result came in at 26.4%, down 1892.0% from the prior year.
  • Return on Capital Employed rose to 0.03% in Q4 2025 per PDD's latest filing, from 0.02% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 1023.74% in Q1 2023 and troughed at 326804.8% in Q4 2021.
  • A 5-year average of 16287.99% and a median of 0.03% in 2022 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2021 and 2022: Return on Capital Employed plunged 32679944 bps in 2021, then jumped 32680483 bps in 2022.
  • Over 5 years, Return on Capital Employed stood at 326804.8% in 2021, then surged by 100 bps to 0.03% in 2022, then advanced by 26 bps to 0.04% in 2023, then grew by 17 bps to 0.05% in 2024, then sank by 32 bps to 0.03% in 2025.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 0.03%, 0.02%, and 0.02% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Amazon Com 2,938.11 Bn 2,815.12 Bn 198.88 Bn 21.93%
2 PDD Holdings 506.15 Bn 446.60 Bn 9.83 Bn 0.03%
3 Mercadolibre 98.09 Bn 82.90 Bn 4.16 Bn 22.76%
4 DoorDash 93.45 Bn 88.10 Bn 2.35 Bn 5.28%
5 JD.com 87.02 Bn 57.84 Bn 7.66 Bn 4.20%
6 Sea 77.91 Bn 69.39 Bn 3.15 Bn 136.27%
7 Ebay 47.32 Bn 44.01 Bn 2.30 Bn 20.50%
8 Coupang 29.67 Bn 23.56 Bn 2.49 Bn -9.29%
9 Zkh 16.25 Bn 16.25 Bn 51.11 Mn 246,132.27%
10 Wayfair 13.69 Bn 12.55 Bn 1.05 Bn 32.77%

Historic Data

Download Data
DateValue
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 1,023.74%
Dec 31, 2022 0.03%
Sep 30, 2022 5.52%
Jun 30, 2022 5.79%
Mar 31, 2022 12.01%
Dec 31, 2021 -326,804.80%
Sep 30, 2021 -2.36%
Jun 30, 2021 0.00%
Mar 31, 2021 0.00%