Dingdong (Cayman) Limited(DDL)Earnings, Financials & Key Ratios
DDL•NYSE
14.1× P/E·Price updated Jun 19, 2026
AboutDingdong (Cayman) Limited operates an e-commerce company in China. The company offers fresh produce, meat, seafood, prepared food, and other food products, such as dairy and bakery products, snacks, oil, seasonings, and beverages. It operates as a self-operated online retail business primarily through Dingdong Fresh. The company was founded in 2017 and is headquartered in Shanghai, China.Show more
- Revenue$24.36B+5.6%
- EBITDA$229M-30.4%
- Net Income$222M-24.9%
- EPS (Diluted)0.98-27.4%
- Gross Margin29.17%-3.1%
- EBITDA Margin0.94%-34.1%
- Operating Margin0.54%-41.9%
- Net Margin0.91%-28.9%
- ROE21.1%-49.1%
DDL Key Insights
Dingdong (Cayman) Limited (DDL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 16.5%
- ✓Share count reduced 2.9% through buybacks
- ✓Efficient asset utilization: 3.5x turnover
✗Weaknesses
- ✗High debt to equity ratio of 2.1x
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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DDL Price & Volume
Dingdong (Cayman) Limited (DDL) stock price & volume — 10-year historical chart
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DDL Growth Metrics
Dingdong (Cayman) Limited (DDL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years16.53%
3 Years0.19%
TTM6.54%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM15.67%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-23.46%
Return on Capital
10 Years-384.15%
5 Years-120.14%
3 Years3.19%
Last Year6.47%
DDL Recent Earnings
Dingdong (Cayman) Limited (DDL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (22%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
May 21, 2026Metric
Actual
Est
EPS
$0.11
—
Rev
$854M-7.2%
$920M
Q2 2026
Mar 4, 2026Metric
Actual
Est
EPS
$0.03+0.0%
$0.03
Rev
$892M-0.9%
$901M
Q4 2025
Nov 12, 2025Metric
Actual
Est
EPS
$0.06-33.3%
$0.09
Rev
$936M-85.1%
$6.3B
Q3 2025
Aug 21, 2025Metric
Actual
Est
EPS
$0.08
—
Rev
$833M-87.7%
$6.8B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 21, 2026 | $0.11 | $854Mvs $920M-7.2% |
| Q2 2026 | Mar 4, 2026 | $0.03vs $0.03+0.0% | $892Mvs $901M-0.9% |
| Q4 2025 | Nov 12, 2025 | $0.06vs $0.09-33.3% | $936Mvs $6.3B-85.1% |
| Q3 2025 | Aug 21, 2025 | $0.08 | $833Mvs $6.8B-87.7% |
Based on last 12 quarters of dataView full earnings history →
DDL Peer Comparison
Dingdong (Cayman) Limited (DDL) competitors in Online-first grocery delivery — 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 |
|---|---|---|---|---|---|---|---|---|
 MNSO | 3.72B | 11.94 | 21.47 | 22.75% | 12.63% | 22.69% | 1.06 | |
 JD | 37.81B | 27.57 | 14.45 | 12.97% | 1.5% | 6.52% | 0.36 | |
 PDD | 111.7B | 79.56 | 8.25 | 9.65% | 22.66% | 26.12% | 0.01 | |
 BABA | 249.84B | 107.06 | 16.45 | 2.74% | 10.12% | 9.35% | 0.23 | |
 CANG | 120.56M | 0.31 | -0.19 | 498.08% | -91.96% | -60.5% | 1.41 | |
 KC | 2.98B | 10.06 | -20.61 | 22.78% | -9.79% | -13% | 0.69 | |
 AMZN | 2.63T | 244.39 | 34.09 | 12.38% | 12.22% | 23.34% | 0.37 | |
 CART | 10.55B | 44.55 | 27.84 | 10.78% | 12.55% | 16.35% | 0.01 |
Compare DDL vs Peers
Dingdong (Cayman) Limited (DDL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
DDL Income Statement
Dingdong (Cayman) Limited (DDL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
Sales/Revenue | 3.88B | 11.34B | 20.12B | 24.22B | 19.97B | 23.07B | 24.36B |
Revenue Growth % | - | 192.15% | 77.5% | 20.38% | -17.55% | 15.5% | 5.61% |
Cost of Goods Sold | 3.22B | 9.11B | 16.08B | 16.74B | 13.85B | 16.12B | 17.25B |
COGS % of Revenue | 82.86% | 80.32% | 79.9% | 69.09% | 69.34% | 69.89% | 70.83% |
Gross Profit | 664.94M▲ 0% | 2.23B▲ 235.4% | 4.04B▲ 81.3% | 7.49B▲ 85.1% | 6.12B▼ 18.2% | 6.95B▲ 13.4% | 7.11B▲ 2.3% |
Gross Margin % | 17.14% | 19.68% | 20.1% | 30.91% | 30.66% | 30.11% | 29.17% |
Gross Profit Growth % | - | 235.44% | 81.35% | 85.06% | -18.2% | 13.43% | 2.32% |
Operating Expenses | 2.41B | 5.39B | 10.37B | 8.29B | 6.25B | 6.73B | 6.98B |
OpEx % of Revenue | 62.02% | 47.55% | 51.56% | 34.21% | 31.31% | 29.18% | 28.63% |
Selling, General & Admin | 2.32B | 1.03B | 9.47B | 1.12B | 751.93M | 947.46M | 963.36M |
SG&A % of Revenue | 59.67% | 9.06% | 47.06% | 4.62% | 3.77% | 4.11% | 3.95% |
Research & Development | 91.14M | 321.7M | 905.01M | 1B | 802.89M | 799.97M | 821.97M |
R&D % of Revenue | 2.35% | 2.84% | 4.5% | 4.14% | 4.02% | 3.47% | 3.37% |
Other Operating Expenses | 0 | 4.04B | 0 | 6.16B | 4.7B | 4.98B | 5.19B |
Operating Income | -1.74B▲ 0% | -3.16B▼ 81.4% | -6.33B▼ 100.3% | -799.73M▲ 87.4% | -130.12M▲ 83.7% | 214.55M▲ 264.9% | 131.68M▼ 38.6% |
Operating Margin % | -44.88% | -27.87% | -31.46% | -3.3% | -0.65% | 0.93% | 0.54% |
Operating Income Growth % | - | -81.44% | -100.35% | 87.37% | 83.73% | 264.89% | -38.63% |
EBITDA | -1.71B | -3.04B | -6.12B | -595.52M | 24.88M | 329.15M | 229.22M |
EBITDA Margin % | -43.98% | -26.85% | -30.4% | -2.46% | 0.12% | 1.43% | 0.94% |
EBITDA Growth % | - | -78.37% | -100.94% | 90.26% | 104.18% | 1223.01% | -30.36% |
D&A (Non-Cash Add-back) | 34.73M | 115.35M | 213.08M | 204.21M | 155M | 114.6M | 97.54M |
EBIT | -1.82B | -3.14B | -6.33B | -666.43M | 27.09M | 367.71M | 257.64M |
Net Interest Income | -32.64M | -22.51M | -39.83M | -40.68M | 58.53M | 107.13M | 108.77M |
Interest Income | 25.49M | 16.24M | 45.32M | 93.03M | 157.49M | 154.43M | 125.56M |
Interest Expense | 58.13M | 38.76M | 85.15M | 133.71M | 98.95M | 47.3M | 16.79M |
Other Income/Expense | -132.05M | -17.43M | -89.67M | -415K | 58.26M | 105.86M | 109.17M |
Pretax Income | -1.87B▲ 0% | -3.18B▼ 69.6% | -6.42B▼ 102.1% | -800.14M▲ 87.5% | -71.86M▲ 91.0% | 320.42M▲ 545.9% | 240.85M▼ 24.8% |
Pretax Margin % | -48.28% | -28.03% | -31.91% | -3.3% | -0.36% | 1.39% | 0.99% |
Income Tax | 0 | 0 | 9.37M | 6.74M | 19.42M | 16.02M | 9.16M |
Effective Tax Rate % | 0% | 0% | -0.15% | -0.84% | -27.03% | 5% | 3.8% |
Net Income | -1.87B▲ 0% | -3.18B▼ 69.6% | -6.43B▼ 102.4% | -814.37M▲ 87.3% | -99.88M▲ 87.7% | 295.08M▲ 395.4% | 221.67M▼ 24.9% |
Net Margin % | -48.28% | -28.03% | -31.95% | -3.36% | -0.5% | 1.28% | 0.91% |
Net Income Growth % | - | -69.58% | -102.37% | 87.33% | 87.74% | 395.44% | -24.88% |
Net Income (Continuing) | -1.87B | -3.18B | -6.43B | -806.88M | -91.28M | 304.4M | 231.7M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 30M | 107.49M | 116.09M | 125.4M | 135.52M |
EPS (Diluted) | -18.18▲ 0% | -30.22▼ 66.2% | -74.29▼ 145.8% | -5.60▲ 92.5% | -0.69▲ 87.7% | 1.35▲ 295.7% | 0.98▼ 27.4% |
EPS Growth % | - | -66.23% | -145.83% | 92.46% | 87.68% | 295.65% | -27.41% |
EPS (Basic) | -18.18 | -30.22 | -74.29 | -5.60 | -0.69 | 1.37 | 0.98 |
Diluted Shares Outstanding | 106.29M | 106.29M | 86.54M | 144.15M | 144.43M | 225.29M | 218.7M |
Basic Shares Outstanding | 106.29M | 106.29M | 86.54M | 144.15M | 132M | 216.33M | 216.85M |
Dividend Payout Ratio | - | - | - | - | - | - | - |
DDL Balance Sheet
Dingdong (Cayman) Limited (DDL) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
Total Current Assets | 1.46B | 3.03B | 6.52B | 7.5B | 6.15B | 5.37B | 5.04B |
Cash & Short-Term Investments | 1.18B | 2.38B | 5.23B | 6.49B | 5.31B | 4.45B | 3.98B |
Cash Only | 938.56M | 1.38B | 662.77M | 1.86B | 1.21B | 887.43M | 1.11B |
Short-Term Investments | 241.38M | 1.01B | 4.57B | 4.64B | 4.1B | 3.56B | 2.87B |
Accounts Receivable | 12.3M | 38.8M | 191.52M | 141.47M | 107.88M | 198.36M | 192.06M |
Days Sales Outstanding | 1.16 | 1.25 | 3.47 | 2.13 | 1.97 | 3.14 | 2.88 |
Inventory | 161.45M | 386.43M | 537.47M | 604.88M | 471.87M | 553.6M | 685.03M |
Days Inventory Outstanding | 18.33 | 15.49 | 12.2 | 13.19 | 12.44 | 12.53 | 14.49 |
Other Current Assets | 102.09M | 219.41M | 556.22M | 256.93M | 261.7M | 54.72M | 186.86M |
Total Non-Current Assets | 656.84M | 1.9B | 2.9B | 1.89B | 1.55B | 1.75B | 1.98B |
Property, Plant & Equipment | 616.78M | 1.78B | 2.72B | 1.74B | 1.45B | 1.64B | 1.81B |
Fixed Asset Turnover | 6.29x | 6.38x | 7.40x | 13.92x | 13.76x | 14.06x | 13.43x |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Assets | 40.06M | 121.46M | 185.79M | 145.56M | 96.69M | 111.39M | 163.33M |
Total Assets | 2.11B▲ 0% | 4.92B▲ 133.1% | 9.42B▲ 91.3% | 9.38B▼ 0.4% | 7.7B▼ 17.9% | 7.12B▼ 7.5% | 7.02B▼ 1.4% |
Asset Turnover | 1.84x | 2.30x | 2.14x | 2.58x | 2.59x | 3.24x | 3.47x |
Asset Growth % | - | 133.1% | 91.29% | -0.4% | -17.94% | -7.55% | -1.36% |
Total Current Liabilities | 2.38B | 4.74B | 7.35B | 8.21B | 6.51B | 5.27B | 4.8B |
Accounts Payable | 775.18M | 1.58B | 2.06B | 1.89B | 1.42B | 1.66B | 1.92B |
Days Payables Outstanding | 88 | 63.33 | 46.74 | 41.15 | 37.49 | 37.6 | 40.65 |
Short-Term Debt | 613.26M | 1.32B | 3.18B | 4.24B | 3.3B | 1.61B | 1.54B |
Deferred Revenue (Current) | 73.64M | 150.37M | 272.92M | 284.79M | 275.8M | 279.28M | 273.43M |
Other Current Liabilities | 388.53M | 493.74M | 0 | 0 | 331.74M | 75.21M | 761.1M |
Current Ratio | 0.61x | 0.64x | 0.89x | 0.91x | 0.95x | 1.02x | 1.05x |
Quick Ratio | 0.54x | 0.56x | 0.81x | 0.84x | 0.87x | 0.91x | 0.91x |
Cash Conversion Cycle | -68.52 | -46.59 | -31.06 | -25.82 | -23.08 | -21.92 | -23.28 |
Total Non-Current Liabilities | 440.42M | 930.06M | 1.31B | 753M | 694.25M | 923.15M | 1.05B |
Long-Term Debt | 193.38M | 58.38M | 0 | 0 | 0 | 0 | 0 |
Capital Lease Obligations | 247.04M | 871.68M | 1.24B | 678M | 568.04M | 780.04M | 898.38M |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 0 | 69.37M | 75M | 126.21M | 143.12M | 147.67M |
Total Liabilities | 2.82B | 5.67B | 8.66B | 8.96B | 7.2B | 6.19B | 5.84B |
Total Debt | 1.28B | 2.85B | 5.39B | 5.61B | 4.52B | 3.03B | 2.44B |
Net Debt | 343.55M | 1.47B | 4.73B | 3.75B | 3.31B | 2.14B | 1.33B |
Debt / Equity | - | - | 7.11x | 13.43x | 9.07x | 3.28x | 2.07x |
Debt / EBITDA | - | - | - | - | 181.75x | 9.19x | 10.62x |
Net Debt / EBITDA | - | - | - | - | 133.15x | 6.50x | 5.79x |
Interest Coverage | -31.23x | -80.97x | -74.39x | -4.98x | 0.27x | 7.77x | 15.35x |
Total Equity | -705.78M▲ 0% | -744.67M▼ 5.5% | 758.07M▲ 201.8% | 417.67M▼ 44.9% | 498.62M▲ 19.4% | 924.01M▲ 85.3% | 1.18B▲ 27.4% |
Equity Growth % | - | -5.51% | 201.8% | -44.9% | 19.38% | 85.31% | 27.38% |
Book Value per Share | -6.64 | -7.01 | 8.76 | 2.90 | 3.45 | 4.10 | 5.38 |
Total Shareholders' Equity | -705.78M | -744.67M | 728.07M | 310.18M | 382.53M | 798.61M | 1.04B |
Common Stock | 1K | 1K | 4K | 4K | 4K | 4K | 4K |
Retained Earnings | -2.55B | -6.05B | -12.77B | -13.58B | -13.68B | -13.38B | -13.17B |
Treasury Stock | 0 | 0 | -7.04M | -20.67M | -20.67M | -51.18M | -60.01M |
Accumulated OCI | 30.41M | -22.96M | -184.24M | -11.89M | 21.17M | 53.63M | 3.95M |
Minority Interest | 0 | 0 | 30M | 107.49M | 116.09M | 125.4M | 135.52M |
DDL Cash Flow Statement
Dingdong (Cayman) Limited (DDL) cash flow — operating, investing & free cash flow history
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
Cash from Operations | -964.27M | -2.06B | -5.67B | 107.14M | -234.61M | 929.03M | 520.92M |
Operating CF Margin % | -24.85% | -18.13% | -28.16% | 0.44% | -1.17% | 4.03% | 2.14% |
Operating CF Growth % | - | -113.19% | -175.65% | 101.89% | -318.97% | 495.99% | -43.93% |
Net Income | -1.87B | -3.18B | -6.43B | -806.88M | -91.28M | 304.4M | 215.63M |
Depreciation & Amortization | 34.73M | 115.35M | 213.08M | 204.21M | 155M | 114.6M | 94.88M |
Stock-Based Compensation | 1.99M | 153.11M | 315.36M | 235.88M | 136.65M | 118.49M | 0 |
Deferred Taxes | 104.7M | 69.22M | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 39.48M | 21.33M | 72.25M | 81.96M | -430.43M | 13.84M | 790.62M |
Working Capital Changes | 728.21M | 762.2M | 161.83M | 391.98M | -4.54M | 377.7M | -580.21M |
Change in Receivables | -11.84M | -26.51M | -152.71M | 26.75M | 36.22M | -18.75M | -66.41M |
Change in Inventory | -131.71M | -224.98M | -151.04M | -67.41M | 133.01M | -81.73M | -16.42M |
Change in Payables | 640.89M | 804.77M | 478.68M | -171.94M | -464.51M | 238.29M | 252.79M |
Cash from Investing | -185.63M | -1.02B | -4.07B | -66.9M | 519.33M | 475.5M | 417.9M |
Capital Expenditures | -124.81M | -248.48M | -451.61M | -126.89M | -83.33M | -98.18M | -172.92M |
CapEx % of Revenue | 3.22% | 2.19% | 2.24% | 0.52% | 0.42% | 0.43% | 0.71% |
Acquisitions | 60.82M | 1.17M | 547K | 0 | 0 | 0 | 3M |
Investments | - | - | - | - | - | - | - |
Other Investing | -60.82M | -10.1M | 10.1M | -13.99M | -8.14B | 5.1M | -7 |
Cash from Financing | 1.68B | 3.66B | 9.04B | 1.11B | -934.42M | -1.72B | -723.09M |
Debt Issued (Net) | 508.5M | 1.33B | 1.8B | 1.06B | -937.76M | -1.69B | -714.72M |
Equity Issued (Net) | 961.1M | 2.17B | 7.23B | -17.74M | 0 | -30.51M | -8.37M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | -2.91M | -17.74M | 0 | -30.51M | -8.55M |
Other Financing | 206.68M | 158.51M | 9.61M | 71.07M | 3.34M | 548K | -7 |
Net Change in Cash | 561.04M▲ 0% | 511.89M▼ 8.8% | -780.02M▼ 252.4% | 1.19B▲ 252.4% | -649.25M▼ 154.6% | -319.49M▲ 50.8% | 255.02M▲ 179.8% |
Free Cash Flow | -1.09B▲ 0% | -2.3B▼ 111.6% | -6.12B▼ 165.5% | -19.75M▲ 99.7% | -317.93M▼ 1510.0% | 830.85M▲ 361.3% | 348M▼ 58.1% |
FCF Margin % | -28.07% | -20.33% | -30.41% | -0.08% | -1.59% | 3.6% | 1.43% |
FCF Growth % | - | -111.57% | -165.52% | 99.68% | -1510.03% | 361.33% | -58.11% |
FCF per Share | -10.25 | -21.68 | -70.70 | -0.14 | -2.20 | 3.69 | 1.59 |
FCF Conversion (FCF/Net Income) | 0.51x | 0.65x | 0.88x | -0.13x | 2.35x | 3.15x | 2.35x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 46.71M | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
DDL Key Ratios
Dingdong (Cayman) Limited (DDL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | - | - | -95941.78% | -138.53% | -21.8% | 41.48% | 21.1% |
Return on Invested Capital (ROIC) | - | -1306.22% | -152.83% | -12.42% | -2.45% | 4.68% | 3.55% |
Gross Margin | 17.14% | 19.68% | 20.1% | 30.91% | 30.66% | 30.11% | 29.17% |
Net Margin | -48.28% | -28.03% | -31.95% | -3.36% | -0.5% | 1.28% | 0.91% |
Debt / Equity | - | - | 7.11x | 13.43x | 9.07x | 3.28x | 2.07x |
Interest Coverage | -31.23x | -80.97x | -74.39x | -4.98x | 0.27x | 7.77x | 15.35x |
FCF Conversion | 0.51x | 0.65x | 0.88x | -0.13x | 2.35x | 3.15x | 2.35x |
Revenue Growth | - | 192.15% | 77.5% | 20.38% | -17.55% | 15.5% | 5.61% |
Related:DDL Dividend History·DDL Revenue History·DDL Price History·DDL P/E History·DDL Financial Ratios·DDL Institutional Holders
DDL Frequently Asked Questions
Dingdong (Cayman) Limited (DDL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Dingdong (Cayman) Limited (DDL) reported $23.60B in revenue for fiscal year 2025. This represents a 508% increase from $3.88B in 2019.
Dingdong (Cayman) Limited (DDL) grew revenue by 5.6% over the past year. This is steady growth.
Yes, Dingdong (Cayman) Limited (DDL) is profitable, generating $230.5M in net income for fiscal year 2025 (0.9% net margin).
Dividend & Returns
Dingdong (Cayman) Limited (DDL) has a return on equity (ROE) of 21.1%. This is excellent, indicating efficient use of shareholder capital.
Dingdong (Cayman) Limited (DDL) generated $279.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.