Friday 16 October 2026
Export BABA’s income statement to Excel — free account
Alibaba Group Holding Limited
BABA Consumer Cyclical Internet Retail
Alibaba Group Holding Limited’s revenue for fiscal 2026 (year ended March 2026) was $148.4 billion, up 8.09% from fiscal 2025. In the quarter to June 2026, revenue grew 14.7%, EPS fell 74.1%, free cash flow grew 17.2% and total debt rose 21.2%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.
108.88
2.25
−2.02%
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| Mar '17 | Mar '18 | Mar '19 | Mar '20 | Mar '21 | Mar '22 | Mar '23 | Mar '24 | Mar '25 | Mar '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
4 | 5 | 5 | 7 | 5 | 6 | 6 | 8 | 7 | 4 |
P/E ratio |
41.79 | 45.15 | 36.18 | 23.98 | 27.45 | 34.98 | 24.80 | 16.94 | 17.22 | 19.42 |
Altman Z-Score |
7.11 | 7.49 | 6.35 | 6.16 | 5.16 | 3.12 | 3.11 | 2.66 | 3.34 | 2.77 |
P/S ratio |
11.69 | 11.36 | 8.31 | 7.10 | 5.60 | 2.18 | 2.12 | 1.42 | 2.26 | 1.96 |
Altman Z″-Score (non-manufacturers) |
4.30 | 4.18 | 3.49 | 4.65 | 4.29 | 4.25 | 4.51 | 4.55 | 4.14 | 3.37 |
P/FCF ratio |
47.65 | 49.69 | 78.41 | 74.18 | 50.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
P/Operating CF |
163.12 | 156.57 | 144.22 | (4,087.39) | 172.06 | (297.35) | 57.29 | 64.74 | 79.60 | 194.65 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 49 |
P/B ratio |
5.76 | 6.52 | 5.15 | 4.16 | 3.73 | 1.73 | 1.65 | 1.21 | 2.09 | 1.80 |
Price to Tangible BV |
10.46 | 11.98 | 11.37 | 6.79 | 5.64 | 2.50 | 2.31 | 1.64 | 2.81 | 2.35 |
EV/Sales |
11.30 | 11.01 | 8.11 | 6.60 | 5.08 | 1.77 | 1.66 | 0.94 | 2.02 | 1.87 |
EV/EBITDA |
37.22 | 39.48 | 53.51 | 36.57 | 40.64 | 15.90 | 13.98 | 7.12 | 13.69 | 32.01 |
EV/Operating CF |
22.27 | 22.02 | 20.23 | 18.63 | 15.72 | 10.56 | 7.21 | 4.83 | 12.31 | 25.06 |
EV/FCF |
46.07 | 48.15 | 76.47 | 68.98 | 46.10 | (27.78) | (999.00) | (158.58) | (115.47) | (10.14) |
Quick Ratio |
1.64 | 1.57 | 1.02 | 1.57 | 1.37 | 1.28 | 1.46 | 1.45 | 1.08 | 0.75 |
Current Ratio |
1.95 | 1.89 | 1.30 | 1.91 | 1.70 | 1.66 | 1.81 | 1.79 | 1.55 | 1.28 |
Net Debt/EBITDA |
(0.99) | (0.96) | (0.82) | (1.88) | (2.69) | (2.46) | (2.66) | (2.70) | (1.27) | (0.93) |
Debt/Assets |
18.10% | 17.51% | 13.92% | 9.55% | 8.82% | 8.34% | 9.20% | 8.76% | 12.79% | 13.62% |
Debt/Equity |
0.29 | 0.29 | 0.22 | 0.14 | 0.14 | 0.13 | 0.15 | 0.14 | 0.21 | 0.23 |
Asset Turnover |
0.35 | 0.42 | 0.44 | 0.44 | 0.49 | 0.51 | 0.48 | 0.52 | 0.56 | 0.56 |
Operating CF/Net income |
1.84 | 1.96 | 1.72 | 1.21 | 1.54 | 2.30 | 2.75 | 2.29 | 1.26 | 0.72 |
Capex/Depreciation |
(1.23) | (1.35) | (1.34) | (0.77) | (0.89) | (1.11) | (0.72) | (0.73) | (1.97) | (2.68) |
Interest Coverage |
17.99 | 19.59 | 11.00 | 17.77 | 20.04 | 19.32 | 17.41 | 15.58 | 15.32 | 6.09 |
| 14.87% | 17.55% | 16.29% | 19.74% | 15.99% | 5.87% | 6.37% | 7.02% | 11.85% | 9.88% | |
| 9.75% | 10.85% | 10.11% | 12.81% | 10.35% | 3.72% | 4.04% | 4.42% | 7.24% | 5.84% | |
ROIC |
11.58% | 12.52% | 6.72% | 9.32% | 7.95% | 8.21% | 9.03% | 11.96% | 10.98% | 3.66% |
Return on Tangible Assets |
40.08% | 34.12% | 56.65% | 46.01% | 36.36% | 14.53% | 14.84% | 15.44% | 29.29% | 25.39% |
Average Days of Receivables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Research and Development Expense of Revenue |
10.78% | 9.09% | 9.93% | 8.45% | 7.98% | 6.50% | 6.53% | 5.55% | 5.74% | 6.50% |
Selling, General and Administrative Expense of Revenue |
18.04% | 17.40% | 17.16% | 15.47% | 19.06% | 17.79% | 16.77% | 16.70% | 18.90% | 27.17% |
Intangible Assets out of Total Assets |
0.28 | 0.28 | 0.35 | 0.26 | 0.22 | 0.19 | 0.18 | 0.16 | 0.15 | 0.14 |
Share Based Compensation of Revenue |
10.11% | 8.02% | 9.95% | 6.23% | 6.99% | 2.81% | 3.55% | 1.97% | 1.40% | 1.09% |
Graham Net Nets |
0.00 | (0.01) | (0.03) | 0.01 | 0.01 | 0.01 | 0.03 | 0.07 | (0.02) | (0.09) |
Graham Number |
32.96 | 49.11 | 62.88 | 92.41 | 106.22 | 66.28 | 75.69 | 76.77 | 104.56 | 100.77 |
Earnings Yield |
2.39% | 2.21% | 2.76% | 4.17% | 3.64% | 2.86% | 4.03% | 5.90% | 5.81% | 5.15% |
Free Cash Flow Yield |
2.10% | 2.01% | 1.28% | 1.35% | 1.97% | (2.92%) | (0.08%) | (0.42%) | (0.77%) | (9.38%) |
Revenue per Share |
9.22 | 15.63 | 21.76 | 27.40 | 40.51 | 49.94 | 48.23 | 51.67 | 58.45 | 63.94 |
Operating CF per Share |
4.68 | 7.82 | 8.72 | 9.71 | 13.09 | 8.36 | 11.09 | 10.02 | 9.59 | 4.76 |
Capex per Share |
(1.02) | (1.86) | (2.87) | (1.76) | (2.42) | (3.12) | (1.87) | (1.79) | (4.90) | (7.89) |
Free Cash Flow per Share |
3.66 | 5.95 | 5.85 | 7.95 | 10.67 | 5.24 | 9.22 | 8.24 | 4.69 | (3.13) |
Cash per Share |
8.94 | 13.34 | 12.23 | 20.36 | 29.29 | 28.83 | 31.14 | 33.45 | 27.68 | 22.42 |
Shareholders Equity per Share |
18.71 | 27.25 | 35.15 | 46.80 | 60.71 | 62.78 | 61.80 | 60.49 | 63.27 | 69.86 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
18.71 | 27.25 | 35.15 | 46.80 | 60.71 | 62.78 | 61.80 | 60.49 | 63.27 | 69.86 |
Free Cash Flow |
9,121.00 | 15,199.00 | 15,100.00 | 20,883.00 | 28,843.00 | 14,109.00 | 24,178.00 | 20,781.00 | 11,020.00 | (7,275.00) |
Working Capital |
12,893.00 | 19,298.00 | 9,328.00 | 31,218.00 | 40,600.00 | 40,186.00 | 45,521.00 | 45,892.00 | 32,894.00 | 19,480.00 |
Capital Expenditures |
(2,549.00) | (4,756.00) | (7,396.00) | (4,624.00) | (6,535.00) | (8,411.00) | (4,908.00) | (4,508.00) | (11,512.00) | (18,324.00) |
Net Current Asset Value |
(460.00) | (3,799.00) | (12,848.00) | 2,893.00 | 4,289.00 | 2,448.00 | 8,444.00 | 12,451.00 | (7,136.00) | (26,149.00) |
EV/EBIT |
37.22 | 39.48 | 53.51 | 36.57 | 40.64 | 15.90 | 13.98 | 7.12 | 13.69 | 32.01 |
Capex to Sales |
0.11 | 0.12 | 0.13 | 0.06 | 0.06 | 0.06 | 0.04 | 0.03 | 0.08 | 0.12 |
Price to Operating Income |
38.51 | 40.74 | 54.87 | 39.32 | 44.76 | 19.61 | 17.86 | 10.79 | 15.33 | 33.66 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.71 | 0.33 | 0.40 | 0.41 | 0.33 | 0.28 | 0.27 | 0.24 | 0.21 | 0.17 |
Cash ROIC |
11.09% | 12.29% | 10.62% | 10.76% | 10.84% | 5.24% | 9.05% | 8.04% | 4.49% | (2.89%) |
Accounts Receivable Turnover |
8.94 | 10.22 | 10.95 | 11.70 | 14.31 | 13.51 | 12.30 | 0.00 | 0.00 | 0.00 |
Accounts Payable Turnover |
8.38 | 8.00 | 0.00 | 18.43 | 50.56 | 45.29 | 34.70 | 0.00 | 0.00 | 0.00 |
Inventory Turnover |
0.00 | 17.15 | 30.98 | 23.70 | 20.26 | 18.92 | 17.99 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
2,571.88 | 3,903.08 | 5,129.81 | 6,154.68 | 7,651.50 | 9,960.17 | 10,282.84 | — | — | — |
Average Payables |
1,031.52 | 2,132.63 | — | 2,163.80 | 1,271.56 | 1,878.77 | 2,306.71 | — | — | — |
Average Inventory |
— | 995.29 | 995.29 | 1,682.52 | 3,173.74 | 4,498.22 | 4,449.10 | — | — | — |
Average Assets |
65,075.50 | 93,978.00 | 129,063.50 | 164,615.00 | 221,703.50 | 262,722.50 | 261,365.00 | 249,844.50 | 246,527.50 | 262,729.50 |
Average Common Equity |
42,677.00 | 58,116.00 | 80,129.50 | 106,813.00 | 143,508.00 | 166,630.00 | 165,632.00 | 157,341.00 | 150,607.00 | 155,372.50 |
Columns are period end dates · fundamentals updated 5 Oct 2026