PDD Holdings Inc. (PDD)
NASDAQ: PDD · Real-Time Price · USD
115.80
+1.80 (1.58%)
At close: Nov 26, 2025, 4:00 PM EST
116.43
+0.63 (0.54%)
After-hours: Nov 26, 2025, 7:58 PM EST

PDD Holdings Statistics

Total Valuation

PDD Holdings has a market cap or net worth of $164.40 billion. The enterprise value is $106.37 billion.

Market Cap164.40B
Enterprise Value 106.37B

Important Dates

The last earnings date was Tuesday, November 18, 2025, before market open.

Earnings Date Nov 18, 2025
Ex-Dividend Date n/a

Share Statistics

PDD Holdings has 1.42 billion shares outstanding. The number of shares has increased by 0.86% in one year.

Current Share Class n/a
Shares Outstanding 1.42B
Shares Change (YoY) +0.86%
Shares Change (QoQ) +0.44%
Owned by Insiders (%) 31.35%
Owned by Institutions (%) 29.88%
Float 775.09M

Valuation Ratios

The trailing PE ratio is 11.96 and the forward PE ratio is 9.87. PDD Holdings's PEG ratio is 2.43.

PE Ratio 11.96
Forward PE 9.87
PS Ratio 2.75
Forward PS 0.32
PB Ratio 2.95
P/TBV Ratio 2.99
P/FCF Ratio 10.45
P/OCF Ratio 10.42
PEG Ratio 2.43
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.13, with an EV/FCF ratio of 6.76.

EV / Earnings 7.40
EV / Sales 1.81
EV / EBITDA 8.13
EV / EBIT 8.19
EV / FCF 6.76

Financial Position

The company has a current ratio of 2.36, with a Debt / Equity ratio of 0.03.

Current Ratio 2.36
Quick Ratio 2.00
Debt / Equity 0.03
Debt / EBITDA 0.11
Debt / FCF 0.10
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 30.53% and return on invested capital (ROIC) is 16.74%.

Return on Equity (ROE) 30.53%
Return on Assets (ROA) 10.70%
Return on Invested Capital (ROIC) 16.74%
Return on Capital Employed (ROCE) 23.45%
Revenue Per Employee $3.38M
Profits Per Employee $825,455
Employee Count17,403
Asset Turnover 0.77
Inventory Turnover n/a

Taxes

In the past 12 months, PDD Holdings has paid $2.58 billion in taxes.

Income Tax 2.58B
Effective Tax Rate 15.23%

Stock Price Statistics

The stock price has increased by +15.01% in the last 52 weeks. The beta is 0.05, so PDD Holdings's price volatility has been lower than the market average.

Beta (5Y) 0.05
52-Week Price Change +15.01%
50-Day Moving Average 130.16
200-Day Moving Average 117.18
Relative Strength Index (RSI) 29.55
Average Volume (20 Days) 7,950,284

Short Selling Information

The latest short interest is 21.44 million, so 2.43% of the outstanding shares have been sold short.

Short Interest 21.44M
Short Previous Month 20.75M
Short % of Shares Out 2.43%
Short % of Float n/a
Short Ratio (days to cover) 2.81

Income Statement

In the last 12 months, PDD Holdings had revenue of $58.79 billion and earned $14.37 billion in profits. Earnings per share was $9.68.

Revenue58.79B
Gross Profit 33.30B
Operating Income 12.99B
Pretax Income 16.95B
Net Income 14.37B
EBITDA 13.08B
EBIT 12.99B
Earnings Per Share (EPS) $9.68
Full Income Statement

Balance Sheet

The company has $59.52 billion in cash and $1.50 billion in debt, giving a net cash position of $58.03 billion or $40.87 per share.

Cash & Cash Equivalents 59.52B
Total Debt 1.50B
Net Cash 58.03B
Net Cash Per Share $40.87
Equity (Book Value) 54.98B
Book Value Per Share 39.29
Working Capital 41.74B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $15.78 billion and capital expenditures -$135.85 million, giving a free cash flow of $15.73 billion.

Operating Cash Flow 15.78B
Capital Expenditures -135.85M
Free Cash Flow 15.73B
FCF Per Share $11.08
Full Cash Flow Statement

Margins

Gross margin is 56.65%, with operating and profit margins of 22.10% and 24.43%.

Gross Margin 56.65%
Operating Margin 22.10%
Pretax Margin 28.82%
Profit Margin 24.43%
EBITDA Margin 22.26%
EBIT Margin 22.10%
FCF Margin 26.76%

Dividends & Yields

PDD Holdings does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.86%
Shareholder Yield -0.86%
Earnings Yield 8.74%
FCF Yield 9.57%
Dividend Details

Analyst Forecast

The average price target for PDD Holdings is $134.30, which is 15.98% higher than the current price. The consensus rating is "Buy".

Price Target $134.30
Price Target Difference 15.98%
Analyst Consensus Buy
Analyst Count 10
Revenue Growth Forecast (5Y) 10.89%
EPS Growth Forecast (5Y) 9.22%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

PDD Holdings has an Altman Z-Score of 5.46 and a Piotroski F-Score of 5.

Altman Z-Score 5.46
Piotroski F-Score 5