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
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 1,011.32%
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%