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Wednesday 4 November 2026 Export PDD’s income statement to Excel — free account

PDD Holdings Inc. Sponsored ADR

PDD Consumer Cyclical Internet Retail

PDD Holdings Inc. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $61.8 billion, up 14.5% from fiscal 2024.

Revenue
+14.1%
EPS
−7.17%
Free cash flow
+25.4%

Quarter to June 2026, against a year earlier

82.36 2.19 +2.73%
Market cap
$114.1B
P/E
8.4×
Fwd P/E
8.0×
Dividend yield
—
F-score
5/9
Altman Z
5.46
Beneish M
−2.12
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

PDD Holdings Inc. Sponsored ADR (PDD) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, PDD Holdings Inc. Sponsored ADR (PDD) trades at a EV/EBITDA of 2.5×. Over the past ten years it has ranged from 0.0× (December 2021) to 56.2× (January 2022); the current reading is higher than 43% of that period. That is below the Internet Retail industry median of 18.4× and below the Consumer Cyclical sector median of 9.7×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 6.7× 22.76%
FY2024 5.4× (71.63%)
FY2023 19.2× 7.04%
FY2022 17.9× (61.97%)
FY2021 47.2× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 2.1× (58.82%)
Mar 2026 5.1× (24.15%)
Dec 2025 6.7× (27.68%)
Sep 2025 9.2× 38.06%
30 more quarters

Against its own ten years

Low 0.0× High 56.2×
Ten-year median 5.4×
Current reading's percentile 43

EV/EBITDA against peers

Company EV/EBITDA
CPNG Coupang, Inc. compare n/m
PDD PDD Holdings Inc. Sponsored ADR 2.5×
SE Sea Limited Sponsored ADR compare 16.8×
EBAY eBay Inc. compare 19.0×
MELI MercadoLibre, Inc. compare 19.6×
BABA Alibaba Group Holding Limited compare 31.6×
W Wayfair Inc. compare 32.8×
JD JD.com, Inc. compare 34.7×
DASH DoorDash, Inc. compare 35.9×
Internet Retail industry median 18.4×
Consumer Cyclical sector median 9.7×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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