JD.com, Inc.(JD)Earnings, Financials & Key Ratios
JD•NASDAQ
$29.68
$45.65B mkt cap·7.5× P/E·Price updated May 6, 2026
AboutJD.com, Inc. operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry. It also provides online marketplace services for third-party merchants; marketing services; and omni-channel solutions to customers and offline retailers, as well as online healthcare services. In addition, the company develops, owns, and manages its logistics facilities and other real estate properties to support third parties; offers asset management services and integrated service platform; leasing of storage facilities and related management services; and engages in online retail business. Further, it provides integrated data, technology, business, and user management industry solutions to support the digitization of enterprises and institutions; and technology-driven supply chain solutions and logistics services. The company was formerly known as 360buy Jingdong Inc. and changed its name to JD.com, Inc. in January 2014. JD.com, Inc. was incorporated in 2006 and is headquartered in Beijing, the People's Republic of China.Show more
- Revenue$1158.82B+6.8%
- EBITDA$46.52B+35.6%
- Net Income$41.36B+71.1%
- EPS (Diluted)26.90+76.5%
- Gross Margin9.79%-33.5%
- EBITDA Margin4.01%+26.9%
- Operating Margin3.34%+39.3%
- Net Margin3.57%+60.2%
- ROE13.57%+60.1%
- ROIC9.89%+40.1%
- Debt/Equity0.29+24.1%
- Interest Coverage13.38+48.1%
JD Key Insights
JD.com, Inc. (JD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 27.7%
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 15.0%
- ✓Healthy dividend yield of 2.7%
- ✓Share count reduced 3.0% through buybacks
- ✓Trading at only 1.0x book value
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
JD Price & Volume
JD.com, Inc. (JD) stock price & volume — 10-year historical chart
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JD Growth Metrics
JD.com, Inc. (JD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years25.99%
5 Years14.97%
3 Years6.79%
TTM16.63%
Profit CAGR
10 Years-
5 Years27.69%
3 Years-
TTM-7.73%
EPS CAGR
10 Years-
5 Years26.76%
3 Years-
TTM-6.37%
Return on Capital
10 Years2.52%
5 Years7.02%
3 Years8.07%
Last Year10.17%
JD Recent Earnings
JD.com, Inc. (JD) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (100%)●Beat Revenue 8/12 qtrs (80%)
Q2 2026Latest
Mar 5, 2026EPS
$0.08
Est $0.07
+14.3%
Revenue
$50.4B
Est $50.3B
+0.2%
Q4 2025
Nov 13, 2025EPS
$0.52
Est $0.46
+13.0%
Revenue
$42.0B
Est $49.7B
-15.5%
Q3 2025
Aug 14, 2025EPS
$0.69
Est $0.50
+38.0%
Revenue
$49.7B
Est $46.7B
+6.4%
Q2 2025
May 13, 2025EPS
$1.16
Est $1.05
+10.5%
Revenue
$41.4B
Est $40.3B
+2.6%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 5, 2026 | $0.08vs $0.07+14.3% | $50.4Bvs $50.3B+0.2% |
| Q4 2025 | Nov 13, 2025 | $0.52vs $0.46+13.0% | $42.0Bvs $49.7B-15.5% |
| Q3 2025 | Aug 14, 2025 | $0.69vs $0.50+38.0% | $49.7Bvs $46.7B+6.4% |
| Q2 2025 | May 13, 2025 | $1.16vs $1.05+10.5% | $41.4Bvs $40.3B+2.6% |
Based on last 12 quarters of dataView full earnings history →
JD Peer Comparison
JD.com, Inc. (JD) competitors in General Online Marketplaces — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 BABA | 319.3B | 132.23 | 16.82 | 5.86% | 12.19% | 11.24% | 3.59% | 0.23 |
 PDD | 143.11B | 96.75 | 8.68 | 59.04% | 24.43% | 26.13% | 12.4% | 0.03 |
 VIPS | 7.61B | 14.12 | 6.71 | -3.93% | 6.53% | 16.84% | 10.72% | 0.08 |
 BZUN | 163.94M | 2.74 | -6.04 | 6.92% | -2.09% | -3.69% | 0.44 | |
 AMZN | 2.94T | 273.52 | 38.15 | 12.38% | 12.22% | 23.34% | 0.26% | 0.37 |
 WMT | 1.04T | 130.79 | 47.91 | 4.73% | 3.26% | 22.35% | 3.99% | 0.67 |
 TGT | 58.67B | 128.78 | 15.84 | -1.68% | 3.8% | 26.06% | 4.83% | 0.35 |
 EBAY | 48.11B | 105.27 | 24.26 | 7.95% | 17.58% | 44.12% | 3.45% | 1.60 |
Compare JD vs Peers
JD.com, Inc. (JD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
JD Income Statement
JD.com, Inc. (JD) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 260.12B | 362.33B | 462.02B | 576.89B | 745.8B | 951.59B | 1.05T | 1.08T | 1.16T | 1.3T |
| Revenue Growth % | 43.49% | 39.29% | 27.51% | 24.86% | 29.28% | 27.59% | 9.95% | 3.67% | 6.84% | 16.63% |
| Cost of Goods Sold | 220.7B | 311.52B | 396.07B | 492.47B | 636.69B | 822.53B | 899.16B | 924.96B | 1.05T | 1.14T |
| COGS % of Revenue | 84.84% | 85.98% | 85.72% | 85.37% | 85.37% | 86.44% | 85.94% | 85.28% | 90.21% | - |
| Gross Profit | 39.42B▲ 0% | 50.81B▲ 28.9% | 65.95B▲ 29.8% | 84.42B▲ 28.0% | 109.11B▲ 29.2% | 129.07B▲ 18.3% | 147.07B▲ 14.0% | 159.7B▲ 8.6% | 113.44B▼ 29.0% | 165.96B▲ 0% |
| Gross Margin % | 15.16% | 14.02% | 14.28% | 14.63% | 14.63% | 13.56% | 14.06% | 14.72% | 9.79% | 12.73% |
| Gross Profit Growth % | 62.38% | 28.9% | 29.79% | 28% | 29.24% | 18.29% | 13.95% | 8.59% | -28.97% | - |
| Operating Expenses | 41.57B | 51.65B | 68.55B | 75.43B | 96.77B | 124.92B | 127.35B | 133.68B | 74.71B | 148.84B |
| OpEx % of Revenue | 15.98% | 14.26% | 14.84% | 13.07% | 12.97% | 13.13% | 12.17% | 12.32% | 6.45% | - |
| Selling, General & Admin | 36.19B | 45B | 56.41B | 27.72B | 33.56B | 50.3B | 48.83B | 49.84B | 56.84B | 86.36B |
| SG&A % of Revenue | 13.91% | 12.42% | 12.21% | 4.81% | 4.5% | 5.29% | 4.67% | 4.6% | 4.91% | - |
| Research & Development | 5.38B | 6.65B | 12.14B | 14.62B | 16.15B | 16.33B | 16.89B | 16.39B | 17.03B | 19.95B |
| R&D % of Revenue | 2.07% | 1.84% | 2.63% | 2.53% | 2.17% | 1.72% | 1.61% | 1.51% | 1.47% | - |
| Other Operating Expenses | 0 | 0 | 95.17M | 33.08B | 47.05B | 58.29B | 61.63B | 67.44B | 834M | 2M |
| Operating Income | -2.14B▲ 0% | -835.48M▲ 61.0% | -2.62B▼ 213.5% | 8.99B▲ 443.4% | 12.34B▲ 37.2% | 4.14B▼ 66.5% | 19.72B▲ 376.3% | 26.02B▲ 32.0% | 38.74B▲ 48.8% | 17.11B▲ 0% |
| Operating Margin % | -0.82% | -0.23% | -0.57% | 1.56% | 1.65% | 0.44% | 1.89% | 2.4% | 3.34% | 1.31% |
| Operating Income Growth % | 66.79% | 61.05% | -213.49% | 443.43% | 37.22% | -66.45% | 376.29% | 31.95% | 48.84% | - |
| EBITDA | 1.23B | 3.27B | 2.94B | 14.82B | 18.41B | 10.37B | 26.96B | 34.32B | 46.52B | 23.8B |
| EBITDA Margin % | 0.47% | 0.9% | 0.64% | 2.57% | 2.47% | 1.09% | 2.58% | 3.16% | 4.01% | 1.83% |
| EBITDA Growth % | 131.95% | 166.76% | -10.14% | 404.03% | 24.21% | -43.66% | 159.9% | 27.29% | 35.57% | -46.52% |
| D&A (Non-Cash Add-back) | 3.37B | 4.11B | 5.56B | 5.83B | 6.07B | 6.23B | 7.24B | 8.29B | 7.79B | 6.68B |
| EBIT | -1.26B | 1.08B | -1.52B | 14.42B | 51.94B | -1.37B | 15.97B | 34.53B | 39.57B | 37.24B |
| Net Interest Income | 608.28M | 1.57B | 1.26B | 1.06B | 1.63B | 3B | 3.64B | 6.7B | 6.46B | -2.9B |
| Interest Income | 1.23B | 2.53B | 2.12B | 1.79B | 2.75B | 4.21B | 5.74B | 9.58B | 9.35B | 0 |
| Interest Expense | 618.57M | 963.74M | 854.54M | 725.01M | 1.13B | 1.21B | 2.11B | 2.88B | 2.9B | 2.9B |
| Other Income/Expense | -630.25M | 956.44M | 245.45M | 4.7B | 38.48B | -6.72B | -5.86B | 5.63B | 12.8B | 21.17B |
| Pretax Income | -1.88B▲ 0% | 120.96M▲ 106.4% | -2.37B▼ 2062.4% | 13.69B▲ 676.9% | 50.82B▲ 271.1% | -2.58B▼ 105.1% | 13.87B▲ 637.5% | 31.65B▲ 128.2% | 51.54B▲ 62.8% | 38.29B▲ 0% |
| Pretax Margin % | -0.72% | 0.03% | -0.51% | 2.37% | 6.81% | -0.27% | 1.33% | 2.92% | 4.45% | 2.94% |
| Income Tax | 166.39M | 139.59M | 426.87M | 1.8B | 1.48B | 1.89B | 4.18B | 8.39B | 6.88B | 3.06B |
| Effective Tax Rate % | -8.84% | 115.4% | -17.98% | 13.17% | 2.92% | -73.14% | 30.11% | 26.52% | 13.35% | 7.98% |
| Net Income | -2B▲ 0% | 128.76M▲ 106.4% | -2.49B▼ 2035.0% | 12.18B▲ 589.0% | 49.41B▲ 305.5% | -3.56B▼ 107.2% | 10.38B▲ 391.6% | 24.17B▲ 132.8% | 41.36B▲ 71.1% | 32.2B▲ 0% |
| Net Margin % | -0.77% | 0.04% | -0.54% | 2.11% | 6.62% | -0.37% | 0.99% | 2.23% | 3.57% | 2.47% |
| Net Income Growth % | 74.13% | 106.44% | -2035.04% | 589% | 305.49% | -107.21% | 391.57% | 132.82% | 71.14% | -7.73% |
| Net Income (Continuing) | -2.05B | -18.63M | -2.8B | 11.89B | 49.34B | -4.47B | 9.69B | 23.26B | 44.66B | 35.23B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 7.33B | 347.89M | 17.06B | 2.69B | 34.08B | 37.87B | 60.76B | 64.52B | 73.95B | 72.49B |
| EPS (Diluted) | -2.40▲ 0% | 0.08▲ 103.3% | -1.74▼ 2275.0% | 8.22▲ 572.4% | 31.78▲ 286.6% | -2.30▼ 107.2% | 6.42▲ 379.1% | 15.24▲ 137.4% | 26.90▲ 76.5% | 21.70▲ 0% |
| EPS Growth % | 57.6% | 103.33% | -2275% | 572.41% | 286.62% | -107.24% | 379.13% | 137.38% | 76.51% | -6.37% |
| EPS (Basic) | -2.40 | 0.10 | -1.74 | 8.36 | 32.70 | -2.30 | 6.64 | 15.38 | 27.66 | - |
| Diluted Shares Outstanding | 1.4B | 1.46B | 1.44B | 1.48B | 1.55B | 1.55B | 1.59B | 1.59B | 1.54B | 1.48B |
| Basic Shares Outstanding | 1.4B | 1.42B | 1.44B | 1.46B | 1.51B | 1.55B | 1.56B | 1.57B | 1.54B | 1.56B |
| Dividend Payout Ratio | - | - | - | - | - | - | 126.08% | 27.89% | 19.98% | - |
JD Balance Sheet
JD.com, Inc. (JD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 106.93B | 115.03B | 104.86B | 19.97B | 234.8B | 299.67B | 351.07B | 307.81B | 386.7B | 379.26B |
| Cash & Short-Term Investments | 26.95B | 34.28B | 36.3B | 9.26B | 146.66B | 185.33B | 219.96B | 190.15B | 234B | 198.27B |
| Cash Only | 19.77B | 25.69B | 34.26B | 5.73B | 86.08B | 70.77B | 78.86B | 71.89B | 108.35B | 113.07B |
| Short-Term Investments | 7.17B | 8.59B | 2.04B | 3.53B | 60.58B | 114.56B | 141.09B | 118.25B | 125.64B | 85.2B |
| Accounts Receivable | 17.46B | 32.29B | 14.25B | 1.72B | 13.78B | 17.4B | 26.72B | 22.42B | 30.4B | 41.49B |
| Days Sales Outstanding | 24.51 | 32.53 | 11.25 | 1.09 | 6.74 | 6.67 | 9.32 | 7.54 | 9.58 | 10.54 |
| Inventory | 28.91B | 41.7B | 44.03B | 8.4B | 58.93B | 75.6B | 77.95B | 68.06B | 89.33B | 101B |
| Days Inventory Outstanding | 47.81 | 48.86 | 40.58 | 6.23 | 33.78 | 33.55 | 31.64 | 26.86 | 31.19 | 31.22 |
| Other Current Assets | 26.42B | 6.37B | 7.09B | 585.45M | 11.66B | 17.38B | 22.61B | 24.44B | 25.36B | 38.5B |
| Total Non-Current Assets | 53.44B | 69.03B | 104.31B | 17.32B | 187.49B | 196.84B | 244.18B | 321.15B | 311.54B | 334.26B |
| Property, Plant & Equipment | 9.39B | 15.77B | 27.64B | 5.04B | 45.99B | 58.75B | 88.51B | 100.82B | 113.43B | 126.75B |
| Fixed Asset Turnover | 27.70x | 22.98x | 16.72x | 114.47x | 16.22x | 16.20x | 11.82x | 10.76x | 10.22x | 10.93x |
| Goodwill | 6.54B | 6.65B | 6.64B | 953.77M | 10.9B | 12.43B | 23.12B | 19.98B | 25.71B | 27.59B |
| Intangible Assets | 10.9B | 13.74B | 15.49B | 590.04M | 17.59B | 20.16B | 42.99B | 46.5B | 44.63B | 44.88B |
| Long-Term Investments | 15.24B | 28.58B | 47.26B | 8.18B | 97.59B | 82.31B | 69.25B | 137.59B | 116.22B | 470.72B |
| Other Non-Current Assets | 3.32B | 4.12B | 7.18B | 2.54B | 14.89B | 22.07B | 18.77B | 14.52B | 9.09B | 40.6B |
| Total Assets | 160.37B▲ 0% | 184.05B▲ 14.8% | 209.16B▲ 13.6% | 37.29B▼ 82.2% | 422.29B▲ 1032.6% | 496.51B▲ 17.6% | 595.25B▲ 19.9% | 628.96B▲ 5.7% | 698.23B▲ 11.0% | 713.53B▲ 0% |
| Asset Turnover | 1.62x | 1.97x | 2.21x | 15.47x | 1.77x | 1.92x | 1.76x | 1.72x | 1.66x | 1.86x |
| Asset Growth % | 88.31% | 14.77% | 13.64% | -82.17% | 1032.56% | 17.58% | 19.89% | 5.66% | 11.01% | 43.01% |
| Total Current Liabilities | 104.74B | 118.25B | 120.86B | 20.1B | 174.02B | 221.64B | 266.56B | 265.65B | 299.52B | 316.55B |
| Accounts Payable | 46.04B | 74.34B | 79.99B | 12.98B | 106.82B | 140.48B | 160.61B | 166.17B | 158.51B | 190.05B |
| Days Payables Outstanding | 76.14 | 87.1 | 73.71 | 9.62 | 61.24 | 62.34 | 65.2 | 65.57 | 55.35 | 59.11 |
| Short-Term Debt | 17.72B | 12.88B | 4.54B | 516.37M | 3.26B | 4.37B | 12.15B | 5.03B | 7.58B | 20.61B |
| Deferred Revenue (Current) | 12.85B | 15.2B | 15B | 2.79B | 24.42B | 32.56B | 37.06B | 33.72B | 27.3B | 99.42B |
| Other Current Liabilities | 25.28B | 10.82B | 14.66B | 2.8B | 19.18B | 21.46B | 23.77B | 26.21B | 79.83B | 50.05B |
| Current Ratio | 1.02x | 0.97x | 0.87x | 0.99x | 1.35x | 1.35x | 1.32x | 1.16x | 1.29x | 1.29x |
| Quick Ratio | 0.74x | 0.62x | 0.50x | 0.58x | 1.01x | 1.01x | 1.02x | 0.90x | 0.99x | 0.99x |
| Cash Conversion Cycle | -3.82 | -5.71 | -21.88 | -2.31 | -20.71 | -22.12 | -24.23 | -31.17 | -14.58 | -17.35 |
| Total Non-Current Liabilities | 14.41B | 13.42B | 11.47B | 2.74B | 26.65B | 28.09B | 54.57B | 66.93B | 85.42B | 92.56B |
| Long-Term Debt | 10.91B | 10.92B | 9.87B | 1.44B | 12.53B | 9.39B | 30.23B | 41.97B | 56.48B | 59.96B |
| Capital Lease Obligations | 0 | 0 | 0 | 792.91M | 10.25B | 13.72B | 14.98B | 13.68B | 18.11B | 80.56B |
| Deferred Tax Liabilities | 907.36M | 882.25M | 828.47M | 192.23M | 1.92B | 1.9B | 6.51B | 9.27B | 0 | 16.83B |
| Other Non-Current Liabilities | 440.67M | 2.49B | 308.49M | 32.43M | 332M | 1.79B | 1.74B | 1.05B | 10.84B | 22.54B |
| Total Liabilities | 119.15B | 131.67B | 132.34B | 22.84B | 200.67B | 249.72B | 321.13B | 332.58B | 384.94B | 409.11B |
| Total Debt | 28.63B | 23.81B | 14.42B | 2.75B | 31.55B | 34.14B | 65.05B | 68.43B | 89.77B | 112.09B |
| Net Debt | 8.86B | -1.88B | -19.84B | -2.98B | -54.53B | -36.63B | -13.82B | -3.46B | -18.58B | -980M |
| Debt / Equity | 0.69x | 0.45x | 0.19x | 0.19x | 0.14x | 0.14x | 0.24x | 0.23x | 0.29x | 0.29x |
| Debt / EBITDA | 23.34x | 7.27x | 4.90x | 0.19x | 1.71x | 3.29x | 2.41x | 1.99x | 1.93x | 4.71x |
| Net Debt / EBITDA | 7.22x | -0.57x | -6.75x | -0.20x | -2.96x | -3.53x | -0.51x | -0.10x | -0.40x | -0.40x |
| Interest Coverage | -3.47x | -0.87x | -3.06x | 12.41x | 10.97x | 3.41x | 9.37x | 9.03x | 13.38x | 12.85x |
| Total Equity | 41.22B▲ 0% | 52.39B▲ 27.1% | 76.83B▲ 46.7% | 14.45B▼ 81.2% | 221.62B▲ 1434.2% | 246.78B▲ 11.4% | 274.12B▲ 11.1% | 296.38B▲ 8.1% | 313.3B▲ 5.7% | 304.42B▲ 0% |
| Equity Growth % | 34.36% | 27.1% | 46.65% | -81.2% | 1434.15% | 11.36% | 11.08% | 8.12% | 5.71% | 18.73% |
| Book Value per Share | 29.39 | 35.99 | 53.39 | 9.74 | 142.56 | 158.83 | 172.36 | 186.96 | 203.70 | 205.13 |
| Total Shareholders' Equity | 33.89B | 52.04B | 59.77B | 11.75B | 187.54B | 208.91B | 213.37B | 231.86B | 239.35B | 231.93B |
| Common Stock | 377K | 377K | 380K | 54.7K | 0 | 0 | 0 | 0 | 0 | 231.93B |
| Retained Earnings | -21.86B | -22.23B | -24.04B | -1.71B | 37.42B | 33.8B | 29.3B | 44.05B | 83.26B | 0 |
| Treasury Stock | -5.18B | -4.46B | -3.78B | 0 | -1.22B | -2.97B | -2.49B | -3.41B | -27.74B | 0 |
| Accumulated OCI | 1.68B | 2.48B | 4.76B | 443.91M | -2.02B | -4.5B | 2.51B | 7.01B | 1.42B | 0 |
| Minority Interest | 7.33B | 347.89M | 17.06B | 2.69B | 34.08B | 37.87B | 60.76B | 64.52B | 73.95B | 72.49B |
JD Cash Flow Statement
JD.com, Inc. (JD) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 8.77B | 24.82B | 20.88B | 24.78B | 42.54B | 42.3B | 57.82B | 59.52B | 58.09B | 58.09B |
| Operating CF Margin % | 3.37% | 6.85% | 4.52% | 4.3% | 5.7% | 4.45% | 5.53% | 5.49% | 5.01% | - |
| Operating CF Growth % | 583.95% | 183.12% | -15.87% | 18.68% | 71.68% | -0.57% | 36.68% | 2.94% | -2.4% | -115.58% |
| Net Income | -3.41B | -18.63M | -2.8B | 11.89B | 49.34B | -4.47B | 9.69B | 24.17B | 44.66B | 32.2B |
| Depreciation & Amortization | 3.63B | 4.19B | 5.56B | 5.83B | 6.07B | 6.23B | 7.24B | 8.29B | 8.9B | 4.72B |
| Stock-Based Compensation | 2.34B | 2.78B | 3.66B | 3.69B | 4.16B | 9.13B | 7.55B | 4.8B | 3B | 3.58B |
| Deferred Taxes | -34.78M | -221.01M | -10.45M | 533.12M | -718.93M | -651M | -549M | 869M | -1.14B | 0 |
| Other Non-Cash Items | 3.23B | -682.63M | 2.12B | -4.93B | -34.98B | 12.54B | 11.66B | 5.51B | -2.47B | 7.35B |
| Working Capital Changes | 3.01B | 18.77B | 12.36B | 7.77B | 18.68B | 19.52B | 22.23B | 15.88B | 5.15B | -24.85B |
| Change in Receivables | -9.7B | -545.99M | 4.29B | 3.94B | -412.13M | -5.63B | -7.2B | -1.06B | -5.07B | -4.55B |
| Change in Inventory | -8.37B | -12.79B | -2.34B | -13.92B | 799.36M | -16.7B | -2.28B | 10.97B | -20.15B | -21.83B |
| Change in Payables | 13.69B | 26.11B | 5.47B | 10.39B | 11.09B | 32.59B | 17.66B | 4.61B | 27.84B | 0 |
| Cash from Investing | -48.27B | -37.5B | -26.08B | -25.35B | -57.81B | -74.25B | -54.03B | -59.54B | -871M | 11.82B |
| Capital Expenditures | -4.46B | -11.36B | -21.37B | -3.51B | -7.67B | -18.57B | -21.98B | -20.5B | -13.2B | -7.95B |
| CapEx % of Revenue | 1.71% | 3.13% | 4.63% | 0.61% | 1.03% | 1.95% | 2.1% | 1.89% | 1.14% | - |
| Acquisitions | -8.24B | 6.86B | -15.81B | -6.94B | -15.18B | -11.49B | -19.77B | -995M | -5.35B | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -13.12B | -23.1B | 8.81B | 7.35B | -2.38B | -219.07M | -434M | 4.98B | -1.77B | 19.77B |
| Cash from Financing | 40.7B | 19.23B | 11.22B | 2.57B | 71.07B | 19.5B | 1.18B | -5.81B | -21B | -14.51B |
| Debt Issued (Net) | 14.28B | 3.95B | -9.09B | -4.05B | 4.79B | -2.12B | 11.84B | 3.11B | 14.37B | 0 |
| Equity Issued (Net) | -1000K | 0 | 1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | -13.09B | -6.74B | -8.26B | -8.26B |
| Share Repurchases | -5.34B | 0 | -205.89M | -131M | -312M | -5.25B | -1.82B | -2.5B | -25.91B | -25.91B |
| Other Financing | 31.76B | 15.28B | 1.03B | 6.76B | 34.81B | 26.87B | 4.25B | 317M | -1.2B | 19.67B |
| Net Change in Cash | 1.91B▲ 0% | 5.92B▲ 210.1% | 7.7B▲ 30.2% | 2.41B▼ 68.7% | 50.72B▲ 2004.5% | -13.94B▼ 127.5% | 8.42B▲ 160.4% | -5.72B▼ 167.9% | 36.32B▲ 735.3% | 20.38B▲ 0% |
| Free Cash Flow | 4.31B▲ 0% | 13.47B▲ 212.7% | -488.07M▼ 103.6% | 21.27B▲ 4457.2% | 34.87B▲ 64.0% | 23.74B▼ 31.9% | 35.84B▲ 51.0% | 39.51B▲ 10.2% | 44.28B▲ 12.1% | 9.1B▲ 0% |
| FCF Margin % | 1.66% | 3.72% | -0.11% | 3.69% | 4.68% | 2.49% | 3.43% | 3.64% | 3.82% | 0.7% |
| FCF Growth % | 160.56% | 212.65% | -103.62% | 4457.24% | 63.99% | -31.94% | 50.99% | 10.23% | 12.07% | -72.05% |
| FCF per Share | 3.07 | 9.25 | -0.34 | 14.33 | 22.43 | 15.28 | 22.53 | 24.92 | 28.79 | 28.79 |
| FCF Conversion (FCF/Net Income) | -4.38x | 192.77x | -8.38x | 2.03x | 0.86x | -11.88x | 5.57x | 2.46x | 1.40x | 0.28x |
| Interest Paid | 515.23M | 577.31M | 421.04M | 679M | 1.02B | 1.22B | 2.39B | 2.81B | 2.77B | 0 |
| Taxes Paid | 110.5M | 240.9M | 666.3M | 808M | 1.19B | 2.54B | 2.56B | 5.46B | 8.81B | 0 |
JD Key Ratios
JD.com, Inc. (JD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -5.56% | 0.28% | -3.86% | 26.7% | 41.86% | -1.52% | 3.99% | 8.47% | 13.57% | 10.53% |
| Return on Invested Capital (ROIC) | -4.64% | -1.25% | -3.65% | 19.71% | 10.37% | 1.65% | 6.29% | 7.06% | 9.89% | 9.89% |
| Gross Margin | 15.16% | 14.02% | 14.28% | 14.63% | 14.63% | 13.56% | 14.06% | 14.72% | 9.79% | 12.73% |
| Net Margin | -0.77% | 0.04% | -0.54% | 2.11% | 6.62% | -0.37% | 0.99% | 2.23% | 3.57% | 2.47% |
| Debt / Equity | 0.69x | 0.45x | 0.19x | 0.19x | 0.14x | 0.14x | 0.24x | 0.23x | 0.29x | 0.29x |
| Interest Coverage | -3.47x | -0.87x | -3.06x | 12.41x | 10.97x | 3.41x | 9.37x | 9.03x | 13.38x | 12.85x |
| FCF Conversion | -4.38x | 192.77x | -8.38x | 2.03x | 0.86x | -11.88x | 5.57x | 2.46x | 1.40x | 0.28x |
| Revenue Growth | 43.49% | 39.29% | 27.51% | 24.86% | 29.28% | 27.59% | 9.95% | 3.67% | 6.84% | 16.63% |
JD Frequently Asked Questions
JD.com, Inc. (JD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
JD.com, Inc. (JD) reported $1.30T in revenue for fiscal year 2024. This represents a 6071% increase from $21.13B in 2011.
JD.com, Inc. (JD) grew revenue by 6.8% over the past year. This is steady growth.
Yes, JD.com, Inc. (JD) is profitable, generating $32.20B in net income for fiscal year 2024 (3.6% net margin).
Dividend & Returns
Yes, JD.com, Inc. (JD) pays a dividend with a yield of 2.66%. This makes it attractive for income-focused investors.
JD.com, Inc. (JD) has a return on equity (ROE) of 13.6%. This is reasonable for most industries.
JD.com, Inc. (JD) generated $9.10B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More JD
JD.com, Inc. (JD) financial analysis — history, returns, DCA and operating performance tools
Full JD Stock Analysis
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