JD.com, Inc. JD

26.51 (0.24) (0.90%) as of 25 Sep
Market cap
$31.9B
P/E
17.0×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 10.94%

Capital & Financial Ratios

Market Cap 31,940.00
Revenue 192,738.00
Net Income 3,309.00
Free Cash Flow 7,499.00
Net Debt (26,339.00)
Current Ratio 1.14
Debt/Equity 0.20
P/E ratio 16.99
P/S ratio 0.19
P/B ratio 0.88
Past 5Y EPS Growth 25.28%
This Y EPS Growth 24.38%
Next Y EPS Growth 26.79%
Next 5Y EPS Growth 23.89%
in millions of $

Dividends

Payout Ratio 0.31
Annual Dividend Rate 0.62
Annual Dividend Yield 1.05%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.00
1.00
2025 1.00
1.00
2024 0.76
0.76
2023 0.62
0.62
2022 0.00
1.26
2021 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 27,839 33,066 32,227 34,643
Receivables 2,859 3,507 3,909 4,231
Inventory 9,586 12,238 13,646 16,887
Other 686 1,702 1,143 1,017
43,354 52,977 53,541 59,631
2023 2024 2025 Q'26
Payables 23,404 26,422 26,938 33,745
ST’ Debt 709 1,039 1,146 521
Other 4,454 4,443 5,206 6,040
37,415 41,034 43,768 52,281
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 20.93% 10.37% 7.26%
Cash Flow 0.00% (16.07%) (31.32%)
Earnings 0.00% (18.00%) 23.04%
Book Value 24.03% 6.04% 1.94%

Revenue

Mar Jun Sep Dec Year
’26 45,766 51,053 — — —
’25 41,490 49,788 42,009 53,910 187,197
’24 36,016 40,098 37,105 45,539 158,758
’23 35,377 39,708 33,950 43,736 152,771
’22 37,805 39,952 34,236 39,697 151,690
’21 31,011 39,309 33,943 45,064 149,326
’20 20,648 28,457 25,659 39,535 114,299
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 80 5,561 — — —
’25 (2,517) 3,375 (1,123) 2,981 2,716
’24 (1,567) 6,992 (693) 3,227 7,959
’23 (3,146) 6,580 2,036 2,913 8,383
’22 (549) 5,055 1,023 2,854 8,383
’21 (1,146) 4,458 2,249 1,077 6,638
’20 (218) 3,767 1,949 1,022 6,520
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 80 5,561 — — —
’25 (2,517) 3,375 (1,123) 461 196
’24 (2,038) 6,992 (693) 755 5,487
’23 (3,146) 6,580 2,036 112 5,582
’22 (549) 5,055 1,023 (262) 5,267
’21 (1,146) 4,458 2,249 (2,395) 3,166
’20 (218) 3,767 1,949 1,003 6,502
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.51 0.74 — — —
’25 0.99 0.58 0.48 (0.29) 1.84
’24 0.63 1.13 1.10 0.89 3.68
’23 0.57 0.57 0.69 0.30 2.14
’22 (0.30) 0.41 0.50 0.28 0.93
’21 0.34 0.08 (0.28) (0.52) (0.36)
’20 0.10 1.48 0.69 2.33 4.86
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
19.51 25.59 19.21 20.18 32.70 61.65 33.17 24.01 20.82 28.21

Analyst estimates 2026–2028

Powerpack
Low Price
30.66 48.99 50.68 36.80 92.77 108.29 81.24 67.10 47.82 46.45
High Price
120,622 157,831 178,927 227,730 242,452 298,717 362,171 425,469 465,626 642,940
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
37,465 55,689 67,198 82,865 114,299 149,326 151,690 152,771 158,758 187,197
Revenue
15.16% 14.02% 14.28% 14.63% 14.63% 13.56% 14.06% 14.72% 15.87% 16.04%
Gross Margin
(466) 19 (345) 1,967 7,788 (405) 2,012 4,457 7,061 3,621
EBT
(1.24%) 0.03% (0.51%) 2.37% 6.81% (0.27%) 1.33% 2.92% 4.45% 1.93%
EBT Margin
(492) (3) (407) 1,708 7,561 (701) 1,407 3,275 6,118 3,309
Net Income
523 644 809 837 930 978 1,049 1,168 1,220 1,394
Depreciation
26.72 39.15 46.70 56.90 75.65 96.11 97.06 97.18 106.20 131.50
Revenue/Sh
(0.40) (0.02) (0.25) 1.20 5.01 (0.36) 0.96 2.17 3.79 1.97
Earnings/Sh
0.90 2.68 2.11 2.44 4.32 4.27 5.36 5.33 5.32 1.91
Cash Flow/Sh
(0.32) (0.87) (2.16) (0.11) (0.01) (2.23) (1.99) (1.78) (1.65) (1.77)
Capex/Sh
0.58 1.81 (0.05) 2.34 4.30 2.04 3.37 3.55 3.67 0.14
Free CF/Sh
3.51 5.66 6.15 8.35 20.74 24.80 25.38 26.50 28.67 29.51
Book Value/Sh
1,402 1,422 1,439 1,456 1,511 1,554 1,563 1,572 1,495 1,424
Shares
0.00 0.00 0.00 28.64 18.35 0.00 61.32 12.65 8.98 15.19
PE Ratio
0.97 1.11 0.45 0.62 1.16 0.73 0.59 0.28 0.33 0.22
PS Ratio
7.36 7.65 3.40 4.22 4.24 2.83 2.27 1.03 1.21 0.97
PB Ratio
0.91 1.07 0.39 0.53 0.99 0.54 0.42 0.14 0.17 0.10
EV/Sales
47.28 13.00 (11.30) (46.37) 34.90 27.09 50.44 (21.03) (30.56) (3.37)
EV/FCF
1,263 3,815 3,037 3,560 6,520 6,638 8,383 8,383 7,959 2,716
Op' Cash Flow
(447) (1,243) (3,108) (157) (19) (3,472) (3,116) (2,801) (2,472) (2,520)
Capex
816 2,572 (71) 3,402 6,502 3,166 5,267 5,582 5,487 196
FCF
316 (495) (2,328) (133) 9,316 12,245 12,253 5,939 11,943 9,773
Working Cap'
4,124 3,659 2,097 1,960 3,304 2,158 6,144 6,619 8,776 10,079
Total Debt
(2,045) (2,241) (3,653) (7,307) (19,853) (27,855) (26,654) (21,220) (24,290) (22,148)
Net Debt
4,920 8,052 8,853 12,161 31,339 38,535 39,659 41,658 42,856 42,010
Sh' Equity
(2.99%) (0.09%) (1.23%) 5.17% 14.84% (0.78%) 1.84% 3.89% 6.15% 2.88%
ROA
(6.71%) (1.38%) (4.58%) 16.64% 10.29% 3.80% 13.74% 11.21% 17.87% 1.25%
ROIC
(11.19%) (0.36%) (4.29%) 16.66% 34.81% (1.60%) 3.85% 8.37% 13.41% 6.62%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

JD.com, Inc. peers in Internet Retail

Company Market cap P/E Compare
CPNG Coupang, Inc. $25.1B 0.0× Compare
EBAY eBay Inc. $48.0B 21.8× Compare
SE Sea Limited Sponsored ADR $57.3B 36.7× Compare
W Wayfair Inc. $13.4B 0.0× Compare
Company Market cap P/E Compare
DASH DoorDash, Inc. $81.5B 99.7× Compare
MELI MercadoLibre, Inc. $89.7B 47.7× Compare
CART Maplebear Inc. $10.0B 22.7× Compare
PDD PDD Holdings Inc. Sponsored ADR $110.9B 8.1× Compare

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JD.com, Inc. (JD) key facts

  • JD.com, Inc. (JD) is an Internet Retail company in the Consumer Cyclical sector, traded in the US as an ADR.
  • JD.com, Inc.’s revenue for fiscal 2025 (year ended December 2025) was HKD 187.2 billion, up 17.9% from fiscal 2024.
  • As of September 25, 2026, JD traded at $26.51, a market capitalization of $31.9 billion.
  • JD.com, Inc. pays an annual dividend of $0.62 per share, a yield of 1.05%, with a payout ratio of 31.3%.
  • Return on equity was 6.62% and debt-to-equity 0.20.

Source: company filings (standardised) and stockrow calculations.

JD.com, Inc. (JD) Latest News

News by impact score

Fine-tune

24 Sep

3

JD.com, Inc. (JD) closed at $26.75, down 1.51% as broader markets barely moved. The stock underperformed the S&P 500’s flat session and trails the Nasdaq’s tiny gain, with a roughly 5.6% drop over the past month versus the Retail-Wholesale sector’s 5.06% decline and the S&P’s 0.53% gain. Investors await JD.com’s next financial release, with consensus estimates calling for EPS of $1.05, a 101.9% year-over-year jump, and revenue of $46.07 billion, up about 9.7%. For the full year, analysts expect $3.34 per share and $202.54 billion in revenue, increases of roughly 31% and 10%. The piece notes recent upward revisions to near-term estimates and assigns JD.com a Zacks Rank of #3 (Hold), with a forward P/E of 8.13, versus an industry average of 15.58, and an Internet-Commerce industry rank in the bottom third. Upcoming results and estimate revisions may influence near-term sentiment but not alter long-term fundamentals.

22 Sep

3

JD.com, Inc. (JD) has moved into Zacks’ list of most searched stocks as earnings estimates shift. In the last month, JD stock declined 6.6% vs the S&P 500's 1.3% gain, with the Internet-Commerce industry down 1.9%. The current quarter is seen at $1.05 per share (up ~102% YoY), with the consensus up 14.3% over 30 days. Full-year EPS is $3.34 (+31%), and next year $3.91 (+16.9%), both with modest revisions lately. JD is Zacks Rank #3 (Hold). Current-quarter revenue is projected at $46.07 billion (+9.7% YoY); last quarter reported $51.05B and EPS of $0.93, with a revenue surprise of -0.96% and an EPS surprise of +8.14% across trailing quarters. The stock earns an A on valuation and is viewed as possibly matching broader market near term. Positive earnings revisions and strong valuation imply a moderate near-term upside with performance likely in line with the market.

16 Sep

3

JD.com (JD) stock may remain a bargain following earnings, suggesting potential undervaluation and buying opportunity for investors. Views on post-earnings valuation can moderately affect short-term market sentiment for JD without major strategic shifts.

26 Aug

3

Michael Burry doubled his stake in JD.com, reflecting increased investor confidence in the company's e-commerce operations and growth outlook. Burry's larger position may lift short-term sentiment around JD.com shares without shifting the company's core trajectory.

3

JD.com forms joint venture targeting Hong Kong Northern Metropolis development. Joint venture signals regional expansion with potential moderate effects on operations and positioning.

25 Aug

3

JD.com reported improved Q2 profits, prompting questions on whether its stock remains undervalued. Q2 profit improvement signals positive earnings momentum that may moderately lift near-term sentiment without altering long-term trajectory.

23 Aug

4

Michael Burry exited Alibaba and took a large JD.com stake over valuation concerns. Burry's large JD.com purchase signals undervaluation and can drive notable investor buying and stock momentum.

21 Aug

3

JD.com offers concessions in EU probe of Ceconomy takeover bid. EU regulatory review of Ceconomy acquisition may delay or alter JD's European expansion.

20 Aug

3

China blocks cooperation with EU probe into JD.com’s Ceconomy bid. Regulatory block on JD.com Ceconomy bid creates moderate risk to international expansion plans.

15 Aug

4

JD.com reported its first quarterly revenue decline since listing. First revenue decline signals weakening growth and potential negative pressure on stock valuation.

14 Aug

4

JD.com's Q2 earnings call focused on recovery in retail growth. Q2 earnings call details on retail recovery directly shape investor views of JD.com's core operations and near-term results.

4

JD.com shares fell 10% after the company posted its first revenue decline since listing. First revenue decline triggers 10% stock drop and signals ongoing performance pressure.

3

JD.com Q2 earnings beat estimates thanks to margin gains while revenue missed forecasts. Mixed quarterly results with earnings outperformance offset by revenue shortfall point to moderate effects on near-term sentiment without major strategic shifts.

3

JD.com returned to operating profit after prior losses despite a decline in revenue. Profit recovery signals operational gains that may stabilize finances without major trajectory shift.

13 Aug

4

JD.com announced its second quarter and interim 2026 results. Quarterly results releases typically drive major shifts in valuation and investor outlook for JD.com.

3 transcript

JD.com held Q2 2026 earnings call discussing financial results, revenue growth, profitability metrics, and management outlook on e-commerce operations and competitive positioning. Quarterly earnings calls deliver updated financial metrics and guidance that moderately sway near-term investor sentiment and trading activity.

3

JD.com reported Q2 2026 earnings with profitability surging 21% despite a 2.9% revenue decline. Mixed earnings results with rising profits but falling revenue create moderately noticeable effects on JD's financial outlook and investor sentiment.

3

JD.com stock declines after the company's ten-year streak of revenue growth ends. End of decade-long revenue growth streak triggers stock drop and signals potential slowdown.

3 transcript

JD.com Q2 earnings call highlighted revenue growth, margin improvements and logistics expansion amid ongoing e-commerce competition. Quarterly results and outlook offer moderate visibility into near-term financial trends but no fundamental strategic shifts.

3

JD.com beat earnings expectations but its stock fell amid continued tech sector volatility. Earnings outperformance offset by immediate stock decline signals limited near-term positive momentum.

3

JD.com shares decline after revenue drop outweighs earnings forecast beat. Revenue decline points to weakening sales that could pressure near-term results and valuation.

3

JD.com profit exceeded estimates after food delivery competition eased. Profit beat after eased competition points to stabilized operations and modest positive effect on near-term performance.

12 Aug

3

JD.com ramped up promotions for the 618 shopping festival and increased AI spending, prompting questions over whether these moves are shifting the company's long-term investment narrative and growth outlook. 618 promotions and rising AI spend point to moderate strategic adjustments likely to influence operations and sentiment without fundamentally changing trajectory.

11 Aug

3

JD.com stock appears undervalued with earnings results supporting the investment case. Earnings figures point to undervaluation that could shift near-term investor sentiment and stock trajectory.

3

JD.com nears Q2 earnings release with questions over whether potential upside is already reflected in the stock price. Q2 earnings results for JD.com can move the stock but may not shift long-term fundamentals.

6 Aug

4

JD.com stock investors should note August 13 for key company updates likely to influence share performance. August 13 date signals earnings or major update with strong potential to move JD stock and investor outlook.

23 Jul

3

JD.com encounters an EU probe into its proposed Ceconomy takeover. EU regulatory scrutiny creates uncertainty around JD's planned European acquisition and expansion.

3

EU objects to JD.com over Ceconomy deal subsidies. EU regulatory objection creates potential hurdle for JD's Ceconomy deal and European expansion.

22 Jul

3

Nike will cut thousands of China online distributors in 2027, reducing availability of its products on major e-commerce platforms including JD.com. Nike cuts will shrink product flow through JD.com China channels and pressure its marketplace revenue.

3

JD.com faces impending EU subsidy charges tied to its Ceconomy deal. EU subsidy charges over Ceconomy deal may impose costs and regulatory hurdles on JD.com.

stockrow.com/JD · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com