New Oriental Education & Technology Group, Inc.

EDU Consumer Defensive Education & Training Services

New Oriental Education & Technology Group, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $5.7 billion, up 15.5% from fiscal 2025.

Revenue
+23.1%
EPS
+20.2%
Free cash flow
+1.60%

Quarter to August 2026, against a year earlier

54.45 0.49 +0.91%
Market cap
$8.4B
P/E
16.3×
Fwd P/E
12.7×
Dividend yield
1.11%
F-score
7/9
Altman Z
2.44
Beneish M
−2.65
Dividend safety
77/100

New Oriental Education & Technology Group, Inc. (EDU) Operating margin

Alert me on Operating margin

New Oriental Education & Technology Group, Inc.'s operating margin over the twelve months to 31 August 2026 was 11.8%, up 0.4 percentage points from fiscal 2026 (11.4%). Over the past ten years it has ranged from −31.6% (fiscal 2022) to 14.6% (fiscal 2017); the current reading is higher than 75% of that period. That is above the Education & Training Services industry median of 0.00% and above the Consumer Defensive sector median of 1.70%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 11.4% 2.62
FY2025 8.74% 0.62
FY2024 8.12% 1.78
FY2023 6.34% 37.98
FY2022 −31.6% (35.13)
FY2021 3.49% (7.66)
FY2020 11.2% 1.28
FY2019 9.87% (0.87)
FY2018 10.7% (3.83)
FY2017 14.6% 1.12

Quarterly newest first

Period Operating margin Change (points)
Aug 2026 20.0% 14.38
May 2026 5.61% (7.11)
Feb 2026 12.7% 7.15
Nov 2025 5.57% (14.84)
43 more quarters

Against its own ten years

Low −31.6% High 14.6%
Ten-year median 10.3%
Current reading's percentile 74

Operating margin against peers

Company Operating margin
LOPE Grand Canyon Education, Inc. compare 27.3%
LAUR Laureate Education compare 25.8%
PRDO Perdoceo Education Corporation compare 24.9%
CVSA Covista Inc. compare 19.8%
LRN Stride, Inc. compare 18.4%
TAL TAL Education Group compare 16.2%
MH McGraw Hill, Inc. compare 13.4%
EDU New Oriental Education & Technology Group, Inc. 11.8%
XXI Twenty One Capital, Inc. compare 0.00%
Education & Training Services industry median 0.00%
Consumer Defensive sector median 1.70%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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