PDD Holdings (PDD) Return on Capital Employed (2018 - 2026)
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.
Analysis
PDD Holdings (PDD) Return on Capital Employed (2018 - 2026) 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,746.20 Bn | 2,623.21 Bn | 198.88 Bn | 21.93% |
| 2 | PDD Holdings | 116.28 Bn | -48,010.13 Bn | 9.45 Bn | 0.03% |
| 3 | DoorDash | 98.95 Bn | 93.61 Bn | 2.35 Bn | 5.28% |
| 4 | Mercadolibre | 98.90 Bn | 83.71 Bn | 4.16 Bn | 22.76% |
| 5 | Sea | 67.51 Bn | 59.11 Bn | 3.55 Bn | 146.68% |
| 6 | Ebay | 46.90 Bn | 43.59 Bn | 2.30 Bn | 20.50% |
| 7 | JD.com | 39.64 Bn | 7.09 Bn | 16.50 Bn | 4.25% |
| 8 | Coupang | 28.35 Bn | 22.24 Bn | 2.49 Bn | -9.29% |
| 9 | Wayfair | 12.44 Bn | 11.30 Bn | 1.05 Bn | 32.77% |
| 10 | Maplebear | 11.73 Bn | 10.88 Bn | 751.00 Mn | 22.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.03% |
| Mar 31, 2026 | 100.52% |
| Dec 31, 2025 | 0.03% |
| Sep 30, 2025 | 0.02% |
| Jun 30, 2025 | 0.03% |
| Mar 31, 2025 | 169.24% |
| Dec 31, 2024 | 35.62% |
| Sep 30, 2024 | 39.25% |
| Jun 30, 2024 | 41.90% |
| Mar 31, 2024 | 37.13% |
| Dec 31, 2023 | 33.86% |
| Sep 30, 2023 | 32.03% |
| Jun 30, 2023 | 29.85% |
| Mar 31, 2023 | 28.69% |
| Dec 31, 2022 | 1,792.86% |
| Sep 30, 2022 | -13,358.92% |
| Jun 30, 2022 | -12,524.16% |
| Mar 31, 2022 | 81,712.52% |
| Dec 31, 2021 | -326,804.53% |
| Sep 30, 2021 | -2.35% |