JD.com, Inc.
JD Nasdaq· Retail-Retail Stores, Nec
Last close · Oct 30, 2026
$25.68
KIRA · Stoqly’s AI analyst, in plain words
- JD.com, Inc. had $182.1B of revenue in fiscal 2025, up 13.1% on the year before. Over five years, revenue changed +11.0% a year on average.
- Its operating margin was 0.2%, down 3.1 pts: of every 100 in sales, about 0 is left after running the business.
- JD.com, Inc. made $3.2B of net profit in fiscal 2025.
- Free cash flow was $1.6B in fiscal 2025, 0.9% of revenue.
- JD.com, Inc. returned $4.4B to shareholders in fiscal 2025, 285% of free cash flow. The diluted share count fell 3.2%.
- JD.com, Inc. has $23.4B more cash than debt.
Market cap
$38.2B
P/E
14.3x
Revenue
$182.1B
Net income
$3.2B
Free cash flow
$1.6B
Operating margin
0.2%
JD.com, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+13.1%
Yes. Sales grew 13.1% last year.
Does it make a profit?
1.8%
A little. It keeps 1.8% of every sale as profit.
Does profit turn into cash?
0.9%
Partly. 0.9% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
14.3x
One share costs 14.3 times its yearly profit per share.
What JD.com, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 16, 2026
- Legal name
- JD.com, Inc.
- CIK
- 0001549802
JD.com, Inc. · JD · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $147.5B | $155.4B | $153.1B | $161.0B | $182.1B |
| Revenue growth | 36.5% | 5.3% | −1.5% | 5.2% | 13.1% |
| Gross margin | 13.6% | 14.1% | 14.7% | 15.9% | 16.0% |
| Operating margin | 0.4% | 1.9% | 2.4% | 3.3% | 0.2% |
| Net income | −$693M | $1.4B | $3.3B | $6.2B | $3.2B |
| Net margin | −0.5% | 0.9% | 2.1% | 3.9% | 1.8% |
| Diluted EPS | −$0.36 | $0.95 | $2.15 | $3.73 | $1.79 |
| Cash | |||||
| Cash from operations | $6.6B | $8.6B | $8.4B | $8.1B | $2.6B |
| Capital expenditure | $862M | $816M | $568M | $744M | $1.1B |
| Free cash flow | $5.7B | $7.8B | $7.8B | $7.3B | $1.6B |
| FCF margin | 3.9% | 5.0% | 5.1% | 4.6% | 0.9% |
| Dividends paid | $0.0M | $1.9B | $952M | $1.1B | $1.4B |
| Share buybacks | $813M | $271M | $353M | $3.6B | $3.0B |
| Share count change | −0.1% | 2.4% | −0.3% | −3.0% | −3.2% |
| Debt and strength | |||||
| Cash and short-term investments | $29.2B | $31.9B | $26.8B | $32.1B | $30.5B |
| Debt incl. finance leases | $2.2B | $1.8B | $709M | $5.4B | $7.1B |
| Shareholders' equity | $32.9B | $30.9B | $32.6B | $32.8B | $32.1B |
| Net debt / EBITDA | −16.8x | −7.5x | −5.4x | −4.0x | −13.4x |
| Current ratio | 1.4x | 1.3x | 1.2x | 1.3x | 1.2x |
| Interest coverage | 3.4x | 9.4x | 9.0x | 13.4x | 1.0x |
| Returns and quality | |||||
| Return on capital | 8.6% | 254.2% | 41.0% | 76.3% | 4.0% |
| Return on equity | −2.2% | 4.5% | 10.3% | 19.0% | 9.9% |
| Return on tangible equity | −1.8% | 5.9% | 11.8% | 20.4% | 10.0% |
| Piotroski F-score | 6 | 6 | 7 | 7 | 5 |
| Altman Z'' | 2.2 | 2.0 | 1.7 | 2.2 | 1.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
JD.com, Inc. · JD · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $25.68 a share, the company is worth $38.2B: 14.3 times its earnings of the last four quarters.
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001549802). Latest version: stoqly.net/companies/jd. Data updated November 1, 2026. Filed in CNY under US GAAP and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.