EDU

+ Watchlist + Portfolio

New Oriental Education & Technology Group, Inc.

GridBrain — Sign in

GridSentinel — Sign in

GridAegis — Sign in

Key Metrics

Previous Close: $56.88
52-Week Range: $44.25 – $64.97
Market Cap: —
P/E (TTM): 19.00
EPS (TTM): 2.89
Dividend Yield: 2.11%

Advanced Metrics

Price/Book: 2.15
PEG Ratio: 1.03
Return on Equity: 12.48%
Return on Assets: 4.84%
Gross Margin: 54.64%
Operating Margin: 5.61%
Profit Margin: 8.39%
Current Ratio: 1.50
Debt/Equity: 0.20
Total Debt: $848.84M
Free Cash Flow: $952.28M
Revenue Growth: 23.00%
Earnings Growth: 791.40%
Enterprise Value: $4.64B

EDU Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$3.11B	$3.00B	$4.31B	$4.90B
Cost of Revenue	$1.75B	$1.41B	$2.05B	$2.18B
Gross Profit	$1.35B	$1.59B	$2.26B	$2.72B
Selling, General & Admin	$2.33B	$1.40B	$1.91B	$2.23B
Operating Expenses	$2.33B	$1.40B	$1.91B	$2.23B
Operating Income	-$982.51M	$190.05M	$350.43M	$488.55M
EBITDA	-$834.02M	$431.94M	$600.96M	$682.58M
Pretax Income	-$1.03B	$308.53M	$493.84M	$536.38M
Income Tax	$136.31M	$66.07M	$109.69M	$146.29M
Net Income	-$1.19B	$177.34M	$309.59M	$371.72M
Diluted EPS	-7.00	1.00	1.80	—
Diluted Shares	169.64M	168.56M	167.83M	—

EDU Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$1.15B	$1.66B	$1.39B	$1.61B
Receivables	$125.47M	$136.77M	$193.85M	$189.90M
Inventory	$27.93M	$52.69M	$92.81M	$80.88M
Current Assets	$4.47B	$4.41B	$5.39B	$5.19B
Total Assets	$6.03B	$6.39B	$7.53B	$7.81B
Current Liabilities	$1.71B	$2.25B	$3.00B	$3.29B
Long-Term Debt	$65.39M	$14.65M	$14.40M	$14.40M
Total Debt	$680.41M	$458.60M	$662.33M	$803.78M
Total Liabilities	$2.24B	$2.58B	$3.48B	$3.85B
Retained Earnings	$1.07B	$1.23B	$1.51B	$1.77B
Shareholders' Equity	$3.71B	$3.60B	$3.78B	$3.66B
Working Capital	$2.76B	$2.16B	$2.39B	$1.90B

EDU Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	-$1.28B	$971.01M	$1.12B	$896.59M
Capital Expenditure	-$150.74M	-$143.04M	-$283.39M	-$259.21M
Free Cash Flow	-$1.43B	$827.96M	$839.25M	$637.38M
Depreciation & Amortisation	$194.43M	$122.70M	$106.82M	$145.89M
Stock-Based Compensation	$132.97M	$89.79M	$122.46M	$59.93M
Investing Cash Flow	$1.17B	-$37.41M	-$1.15B	-$93.43M
Financing Cash Flow	-$230.86M	-$246.87M	-$160.44M	-$584.97M
Dividends Paid	—	$0.00	$0.00	-$98.20M
Share Repurchases	$0.00	-$191.63M	-$62.94M	-$445.50M
Net Change in Cash	-$342.78M	$686.73M	-$191.72M	$218.19M

EDU Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$1.24B	$1.52B	$1.19B	$1.42B	—
Cost of Revenue	$569.87M	$637.79M	$556.89M	$656.17M	—
Gross Profit	$673.28M	$885.18M	$634.55M	$761.17M	—
Selling, General & Admin	$621.66M	$574.36M	$568.25M	$580.85M	—
Operating Expenses	$621.66M	$574.36M	$568.25M	$580.85M	—
Operating Income	$51.63M	$310.83M	$66.31M	$180.32M	—
EBITDA	$99.77M	$310.83M	$66.31M	$180.32M	—
Pretax Income	$9.89M	$339.22M	$87.20M	$199.99M	—
Income Tax	$1.53M	$91.54M	$24.47M	$54.72M	—
Net Income	$7.10M	$240.72M	$45.45M	$126.81M	—
Diluted EPS	0.40	1.50	0.30	0.80	3.90
Diluted Shares	160.24M	159.86M	160.45M	159.99M	158.26M

EDU Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$1.42B	$1.61B	$1.28B	$1.84B	$1.78B
Receivables	$39.28M	$189.90M	$42.51M	$42.87M	$42.59M
Inventory	$85.71M	$80.88M	$86.28M	$92.09M	$86.05M
Current Assets	$4.87B	$5.19B	$5.31B	$5.59B	$5.43B
Total Assets	$7.45B	$7.81B	$8.01B	$8.29B	$8.24B
Current Liabilities	$2.94B	$3.29B	$3.21B	$3.55B	$3.28B
Long-Term Debt	$14.40M	$14.40M	—	—	—
Total Debt	$738.64M	$803.78M	$784.05M	$779.85M	$806.97M
Total Liabilities	$3.47B	$3.85B	$3.75B	$4.09B	$3.83B
Retained Earnings	—	$1.77B	—	—	—
Shareholders' Equity	$3.69B	$3.66B	$3.95B	$3.89B	$4.09B
Working Capital	$1.93B	$1.90B	$2.10B	$2.03B	$2.15B

EDU Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$963.00K	$399.12M	$192.32M	$323.47M	-$7.46M
Free Cash Flow	$963.00K	$139.91M	$192.32M	$323.47M	-$7.46M
Investing Cash Flow	$79.89M	-$88.29M	-$451.71M	$277.42M	$48.72M
Financing Cash Flow	-$94.58M	-$98.48M	-$29.43M	-$60.01M	-$137.99M
Net Change in Cash	-$13.73M	$212.35M	-$288.83M	$540.88M	-$96.73M

Market Snapshot

About

New Oriental Education & Technology Group, Inc. is one of China's largest private educational services providers, offering test preparation, tutoring, pre-school education, and online learning services. The company historically focused on standardized test prep for exams like TOEFL, GRE, and Chinese university entrance tests, serving millions of students annually. Following Chinese regulatory restrictions on K-9 tutoring in 2021, New Oriental has pivoted toward overseas test prep, adult education, live-streaming e-commerce, and other permitted educational services. Founded in 1993 by Michael Yu, the company operates hundreds of learning centers across China despite significant regulatory headwinds.