JD.com reported a gross margin of 16.91% and a net margin of 1.85% for the quarter ended Jun 2026. These financial ratios cover 55 quarters of results from Dec 2011 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Dec2011 | Dec2012 | Jun2013 | Sep2013 | Dec2013 | Mar2014 | Jun2014 | Sep2014 | Dec2014 | Mar2015 | Jun2015 | Sep2015 | Dec2015 | Mar2016 | Jun2016 | Sep2016 | Dec2016 | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Gross Margin | 13.61% | 13.45% | 13.96% | 13.67% | 14.06% | 14.06% | 14.82% | 14.59% | 14.92% | 14.21% | 15.30% | 15.54% | 16.11% | 15.31% | 15.89% | 15.73% | 16.20% | 15.63% | 16.80% | 16.91% | |||||||||||||||||||||||||||||||||||
| EBT Margin | -0.39% | -1.86% | -1.22% | 1.04% | 1.34% | 1.29% | 3.21% | 3.30% | 3.64% | 1.08% | 3.48% | 4.48% | 4.92% | 3.35% | 4.43% | 3.05% | 2.79% | -0.38% | 2.25% | 2.68% | |||||||||||||||||||||||||||||||||||
| EBIT Margin | 0.67% | -0.14% | 1.01% | 1.22% | 1.98% | 1.64% | 2.65% | 2.77% | 3.08% | 0.66% | 2.96% | 3.30% | 3.73% | 2.45% | 3.50% | 1.46% | 0.90% | -1.66% | 1.21% | 1.26% | |||||||||||||||||||||||||||||||||||
| EBITDA Margin | 0.67% | -0.14% | 1.01% | 1.22% | 1.98% | 1.64% | 2.65% | 2.77% | 3.08% | 0.66% | 2.96% | 3.30% | 3.73% | 2.45% | 3.50% | 1.46% | 0.90% | -1.66% | 1.21% | 1.26% | |||||||||||||||||||||||||||||||||||
| Operating Margin | 0.67% | -0.14% | 1.01% | 1.22% | 1.98% | 1.64% | 2.65% | 2.77% | 3.08% | 0.66% | 2.96% | 3.30% | 3.73% | 2.45% | 3.50% | 1.47% | 0.90% | -1.66% | 1.21% | 1.26% | |||||||||||||||||||||||||||||||||||
| Net Margin | -0.42% | -1.87% | -1.25% | 0.86% | 0.98% | 1.03% | 2.58% | 0.06% | 0.07% | -0.48% | 0.09% | 3.59% | 3.88% | 0.29% | 3.62% | 2.60% | 2.34% | -0.77% | 1.62% | 1.85% | |||||||||||||||||||||||||||||||||||
| FCF Margin | 5.81% | 2.93% | -1.07% | 6.92% | 5.63% | 6.78% | -8.45% | 9.20% | 5.68% | 7.05% | -3.76% | 9.79% | 4.72% | 7.69% | -5.60% | 4.18% | -0.23% | 6.71% | 0.67% | 6.45% | |||||||||||||||||||||||||||||||||||
| Efficiency | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 9.73B | 10.55B | 11.33B | 11.18B | 11.01B | 10.73B | 10.11B | 9.16B | 9.01B | 9.19B | 9.48B | 9.63B | 9.96B | 11.30B | 12.78B | 13.79B | 14.28B | 13.78B | 13.67B | 15.36B | |||||||||||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 74.18B | 76.16B | 79.18B | 82.33B | 84.35B | 84.21B | 82.12B | 83.39B | 85.79B | 86.35B | 85.76B | 87.09B | 89.91B | 93.50B | 95.23B | 95.97B | 99.19B | 98.86B | 98.51B | 102.77B | |||||||||||||||||||||||||||||||||||
| Invested CapitalInvested Cap. | 1.09B | 0.68B | 2.70B | 2.09B | 2.63B | 1.71B | 2.09B | 2.56B | 1.90B | 0.70B | 0.74B | 0.77B | 1.35B | 1.06B | 0.58B | 1.61B | 2.38B | 1.13B | 1.19B | 0.52B | |||||||||||||||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 3.25 | 3.28 | 3.24 | 3.18 | 3.11 | 3.11 | 3.16 | 3.08 | 3.01 | 2.99 | 3.02 | 3.01 | 3.01 | 2.94 | 2.95 | 3.09 | 3.18 | 3.22 | 3.27 | 3.19 | |||||||||||||||||||||||||||||||||||
| Leverage & Solvency | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -5.92 | 0.88 | -6.91 | -7.43 | -10.58 | -6.94 | -10.88 | -11.78 | -12.27 | -2.18 | -12.84 | -14.15 | -15.34 | -9.16 | -17.70 | -7.78 | -4.37 | 7.03 | -5.58 | -5.99 | |||||||||||||||||||||||||||||||||||
| Debt Ratio | 0.03 | 0.03 | 0.05 | 0.04 | 0.05 | 0.04 | 0.04 | 0.05 | 0.04 | 0.02 | 0.03 | 0.05 | 0.05 | 0.05 | 0.04 | 0.05 | 0.05 | 0.04 | 0.04 | 0.03 | |||||||||||||||||||||||||||||||||||
| Times Interest Earned | -5.92 | 0.88 | -6.91 | -7.43 | -10.58 | -6.94 | -10.88 | -11.78 | -12.27 | -2.18 | -12.84 | -14.15 | -15.34 | -9.16 | -17.70 | -7.78 | -4.37 | 7.03 | -5.58 | -5.99 | |||||||||||||||||||||||||||||||||||
| Dividends & Payouts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| FCF Payout RatioFCF Cover | 4.17 | 1.42 | -0.33 | -0.60 | -0.88 | -0.60 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Valuation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Enterprise Value | -30.33B | -23.25B | -29.32B | -31.36B | -31.91B | -5776.15B | -8.84B | -11.30B | 5,659.80B | -7368.58B | 7,408.30B | 7,314.21B | -3.36B | -22.35B | -17.79B | -21.10B | -17.57B | -20.37B | -19.91B | -23.26B | |||||||||||||||||||||||||||||||||||
| Return Ratios | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Return on SalesROS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||||||||||||||||||||||||||||||||
| Return on Capital EmployedROCE | 2.57% | 1.33% | 2.39% | 4.46% | 7.11% | 8.76% | 9.43% | 12.43% | 14.04% | 13.22% | 12.98% | 14.77% | 15.45% | 17.46% | 16.80% | 16.22% | 9.39% | 5.68% | 4.20% | 4.25% | |||||||||||||||||||||||||||||||||||
| Return on Invested CapitalROIC | 0.01% | 0.02% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.02% | 0.02% | 0.03% | 0.03% | 0.02% | 0.01% | 0.01% | 0.00% | 0.00% | |||||||||||||||||||||||||||||||||||
| Return on AssetsROA | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |