PDD Holdings reported a gross margin of 57.06% and a net margin of 24.19% for the quarter ended Jun 2026. These financial ratios cover 38 quarters of results from Dec 2016 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Dec2016 | 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 | 69.50% | 76.07% | 69.91% | 74.68% | 79.12% | 77.58% | 70.44% | 64.25% | 61.55% | 60.53% | 62.95% | 65.53% | 58.78% | 56.79% | 57.10% | 55.36% | 56.44% | 55.49% | 55.63% | 57.06% | ||||||||||||||||||
| EBT Margin | 21.23% | 37,379.89% | 12.44% | 32.65% | 38.36% | 22.92% | 22.42% | 32.64% | 33.04% | 25.21% | 36.08% | 43.92% | 39.04% | 23.14% | 17.02% | 34.71% | 40.64% | 22.37% | 17.75% | 36.60% | ||||||||||||||||||
| EBIT Margin | 9.91% | 37,378.78% | 9.04% | 27.66% | 30.57% | 22.89% | 18.48% | 25.19% | 24.40% | 25.20% | 30.21% | 33.68% | 23.94% | 23.14% | 16.78% | 24.57% | 22.99% | 22.37% | 18.34% | 24.62% | ||||||||||||||||||
| EBITDA Margin | 9.91% | 37,378.78% | 9.04% | 27.66% | 30.57% | 22.89% | 18.48% | 25.19% | 24.40% | 25.20% | 30.21% | 33.68% | 23.94% | 23.14% | 16.78% | 24.57% | 22.99% | 22.37% | 18.34% | 24.62% | ||||||||||||||||||
| Operating Margin | 9.95% | 37,378.78% | 9.05% | 27.66% | 29.40% | 22.89% | 18.41% | 24.33% | 24.20% | 25.20% | 29.92% | 33.55% | 24.45% | 23.14% | 16.81% | 24.80% | 23.11% | 22.37% | 18.42% | 24.71% | ||||||||||||||||||
| Net Margin | 7.63% | 24.31% | 10.92% | 28.30% | 29.82% | 23.74% | 21.52% | 25.07% | 22.57% | 26.19% | 32.25% | 32.98% | 25.14% | 24.81% | 15.41% | 29.57% | 27.09% | 19.81% | 11.81% | 24.19% | ||||||||||||||||||
| FCF Margin | 40.46% | 60.22% | -38.07% | 61.62% | 34.13% | 66.68% | 3.57% | 46.33% | 47.68% | 41.51% | 24.50% | 45.29% | 27.12% | 26.71% | 16.19% | 20.61% | 41.94% | 19.47% | 15.42% | 22.77% | ||||||||||||||||||
| Efficiency | ||||||||||||||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | ||||||||||||||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 0.00B | 14.17B | 14.18B | 0.03B | 0.03B | 16.69B | 34.15B | 36.39B | 40.45B | 45.71B | 50.34B | 55.94B | 63.03B | 68.41B | 35.19B | 39,586.02B | 82,690.65B | 43,149.09B | 44.46B | 48,887.05B | ||||||||||||||||||
| Invested CapitalInvested Cap. | 1.95B | 2.00B | 2.06B | 1.98B | 0.09B | 0.01B | 0.00B | 0.74B | 0.73B | 0.73B | 0.73B | |||||||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 0.00B | 1.03 | 1.05 | 576.59 | 593.47 | 1.15 | 0.61 | 0.64 | 0.69 | 0.76 | 0.82 | 0.85 | 0.83 | 0.80 | 1.59 | 0.00 | 0.00 | 0.00 | 1.41 | 0.00 | ||||||||||||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -7.17 | -0.00B | -170.44 | -661.46 | -764.81 | -745.69 | -592.88 | -0.00B | -0.00B | -0.00B | ||||||||||||||||||||||||||||
| Debt Ratio | 0.00B | 0.07 | 83.32 | 76.27 | 75.32 | 0.07 | 0.06 | 0.06 | 0.05 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 9.99 | 0.00 | 0.00 | |||||||||||||||||||||
| Times Interest Earned | -7.17 | -0.00B | -170.44 | -661.46 | -764.81 | -745.69 | -592.88 | -0.00B | -0.00B | -0.00B | ||||||||||||||||||||||||||||
| Valuation | ||||||||||||||||||||||||||||||||||||||
| Enterprise Value | -13415293.98B | -10.33B | -15003.03B | -15882.93B | -16415.78B | -12.98B | -20064243.38B | -21161.10B | -20463.35B | -16.91B | -26102.92B | -31534.76B | -33946.49B | -46.16B | -40514.57B | -44799.21B | -46322.93B | -44203.56B | -45221.13B | -48126.41B | ||||||||||||||||||
| Return Ratios | ||||||||||||||||||||||||||||||||||||||
| Return on SalesROS | 0.00% | 3.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||||||||||||||
| Return on Capital EmployedROCE | -2.35% | -326,804.53% | 81,712.52% | -12,524.16% | -13,358.92% | 1,792.86% | 28.69% | 29.85% | 32.03% | 33.86% | 37.13% | 41.90% | 39.25% | 35.62% | 169.24% | 0.03% | 0.02% | 0.03% | 100.52% | 0.03% | ||||||||||||||||||
| Return on Invested CapitalROIC | 0.03% | 0.02% | 0.01% | 0.01% | 0.03% | 0.06% | 0.20% | 0.35% | 0.27% | 0.10% | 0.07% | 0.06% | 0.16% | 0.20% | ||||||||||||||||||||||||
| Return on AssetsROA | 471.16% | 1.13% | 1.13% | 574.73% | 536.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |