PDD Holdings Inc. (PDD) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for PDD Holdings Inc., with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 11.33x | 8.71x | 23.32x | 22.55x | 59.74x | -191.94x |
| P/B Ratio | 2.67x | 3.13x | 7.47x | 6.04x | 6.18x | 22.90x |
| P/S Ratio | 2.57x | 2.49x | 5.65x | 5.45x | 4.94x | 23.16x |
| Profitability | ||||||
| Gross Margin | 56.3% | 60.9% | 63.0% | 75.9% | 66.2% | 67.6% |
| Operating Margin | 21.6% | 27.5% | 23.7% | 23.3% | 7.3% | -15.8% |
| Net Margin | 22.7% | 28.5% | 24.2% | 24.2% | 8.3% | -12.1% |
| EBITDA Margin | 28.4% | 27.7% | 24.0% | 25.0% | 8.9% | -14.7% |
| Liquidity | ||||||
| Current Ratio | 2.45x | 2.21x | 1.93x | 1.85x | 1.72x | 1.78x |
| Quick Ratio | 2.45x | 2.20x | 1.93x | 1.85x | 1.72x | 1.76x |
| Leverage | ||||||
| Debt/Equity | 0.01x | 0.03x | 0.05x | 0.14x | 0.17x | 0.28x |
YoY = year-over-year change. Source: FMP..