Full Truck Alliance (YMM) Enterprise Value (2021 - 2026)
Full Truck Alliance's Enterprise Value came in at $4.19 billion for Q2 2026, down 51.6% from $8.67 billion a year earlier and down 18.0% from the prior quarter.
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Analysis
Full Truck Alliance (YMM) Enterprise Value (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Full Truck Alliance reported Enterprise Value of -$3.1 billion; for FY2025, it came in at $7.75 billion, up 6.3% from FY2024.
- Enterprise Value has increased in each of the last three years, with a four-year compound annual growth rate of 11.2% (FY2021 to FY2025).
- Going back by year, Enterprise Value was $7.29 billion in FY2024 (+80.4%), $4.04 billion in FY2023 (+6.7%), $3.79 billion in FY2022 (-25.4%) and $5.08 billion in FY2021.
- The Q2 2026 figure represents the lowest quarterly Enterprise Value since Q4 2024.
- Year-over-year, Enterprise Value increased in four of the last six quarters, with growth averaging 34.2%.
- The fastest year-over-year change in Enterprise Value over five years came in Q2 2024 (growth of 114.2%), and the weakest in Q2 2023 (a decline of 59.3%).
- Business Quant data shows YMM's Enterprise Value at $5.12 billion (Q1 2026), $7.68 billion (Q4 2025) and $9.98 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn |
| 10 | Full Truck Alliance | 7.68 Bn | -3.01 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.19 Bn |
| Mar 31, 2026 | 5.12 Bn |
| Dec 31, 2025 | 7.68 Bn |
| Sep 30, 2025 | 9.98 Bn |
| Jun 30, 2025 | 8.67 Bn |
| Mar 31, 2025 | 9.12 Bn |
| Dec 31, 2024 | -151.70 Bn |
| Sep 30, 2024 | 5.54 Bn |
| Jun 30, 2024 | 5.24 Bn |
| Mar 31, 2024 | 4.27 Bn |
| Dec 31, 2023 | 2.68 Bn |
| Sep 30, 2023 | 3.92 Bn |
| Jun 30, 2023 | 2.45 Bn |
| Mar 31, 2023 | 3.48 Bn |
| Dec 31, 2022 | -5.35 Bn |
| Sep 30, 2022 | 3.42 Bn |
| Jun 30, 2022 | 6.02 Bn |
| Mar 31, 2022 | 3.31 Bn |
| Dec 31, 2021 | -77.56 Bn |
| Sep 30, 2021 | -707.92 Mn |
API Access
Full Truck Alliance Enterprise Value 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=enterprise-value&ticker=YMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "YMM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=YMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();