PDD Holdings Inc. (PDD)

87.75USD +0.78% (+0.68)

Over 3Y: +12.4%

2026-08-25
75 100 125 150
2023 2024 2025 2026

Figures as at 2025-12-31, reported in USD. The newest fact in the filings is dated 2025-12-31, 238 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

7.5
ROIC —
OE margin 22.9%
Oper. margin 21.6%

Valuation

What does the price ask for what the company earns, owns and pays out?

5.8
EV/OE 30.4×
EV/EBIT 32.4×

Durability

How predictable is the revenue, and how much of it is already committed?

5.0

Resilience

Can the balance sheet absorb a bad year?

9.1
ND/EBITDA 0.14
Interest cover —

Growth

Is the business getting bigger, and is it getting more profitable?

5.3
Sales CAGR 4Y +43.1%
Sales/sh Y/Y +14.2%

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.

Revenue by fiscal year

As the company reported it, one row per year, straight from the filings.

Fiscal yearEndsRevenue
20182018-12-31 1,908,223,000
20192019-12-31 4,329,611,000
20202020-12-31 9,117,527,000
20212021-12-31 14,742,796,000
20222022-12-31 18,929,071,000
20232023-12-31 34,879,253,000
20242024-12-31 53,955,324,000
20252025-12-31 61,753,116,000

The ratios

The figures themselves rather than their scores — what somebody looking up PDD on one particular measure came for.

RatioValue
cash operating margin23.54
current ratio2.43
current ratio reported2.43
dilution pct0.22
ebit cagr87.28
ebit yoy-10.37
ev ebit32.37
ev owner earnings30.44
ev sales6.98
fcf margin24.76
growth cv0.51
operating margin21.56
owner earnings margin22.93
revenue growth14.45
revenue growth per share14.2
rule of 4036.01
sbc pct revenue1.84

The figures, and where each came from

This is the part no other screener shows. Each figure below names the XBRL element it was read from, so it can be checked against the filing itself.

FigureValueXBRL tagAs at
capex 0 PaymentsToAcquirePropertyPlantAndEquipment 2020-12-31
cash 60,389,279,000 CashAndCashEquivalentsAtCarryingValue 2025-12-31
current assets 74,213,136,000 AssetsCurrent 2025-12-31
current liabilities 30,564,007,000 LiabilitiesCurrent 2025-12-31
equity 59,113,291,000 StockholdersEquity 2025-12-31
ocf 15,292,029,000 NetCashProvidedByUsedInOperatingActivities 2025-12-31
revenue 61,753,116,000 RevenueFromContractWithCustomerExcludingAssessedTax 2025-12-31
sbc 1,134,972,000 ShareBasedCompensation 2025-12-31

What to be careful about

See it scored yourself

The dashboard puts PDD beside other companies and lets you change what counts: the weight of each dimension, the value that earns a ten, and which of the 61 measures are included at all.