EDU Financials New Oriental Education & Technology Group Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Oct 16, 2026, 09:53 UTC Overview →

Growth & profitability

Revenue has grown 5.8% per year over the past 5 years.
Net income has grown faster than revenue (7.3% vs 5.8% per year).
Operating margin has expanded, at 11.4% in the latest year.
Free cash flow has grown 2.2% per year over the past 5 years.

Financial health

Operating income covered interest expense 22973× in the latest year, up from 17× 5 years ago.

Shareholder returns

Dividends have been paid for 2 consecutive years, consuming 20.3% of earnings and 12.4% of free cash flow.
The dividend has declined 1.9% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$5.7B	$475M	54.6%	11.4%	11.9%	5.4%	$780M	—	$1.8B
2025	$4.9B	$372M	55.4%	8.7%	10.2%	4.8%	$655M	—	$1.6B
2024	$4.3B	$310M	52.5%	8.1%	8.2%	4.1%	$873M	—	$1.4B
2023	$3.0B	$177M	53.0%	6.3%	4.9%	2.8%	$828M	—	$1.7B
2022	$3.1B	-$1.2B	43.5%	-31.6%	-32.1%	-19.7%	-$1.4B	—	$1.1B
2021	$4.3B	$334M	52.4%	2.7%	6.8%	3.3%	$701M	$0	$1.6B
2020	$3.6B	$413M	55.6%	11.1%	15.1%	6.3%	$495M	$118M	$915M
2019	$3.1B	$238M	55.6%	9.9%	10.1%	5.1%	$537M	$96M	$1.4B
2018	$2.4B	$296M	56.5%	10.7%	14.9%	7.4%	$567M	—	$983M
2017	$1.8B	$274M	58.3%	14.6%	16.3%	9.4%	$517M	—	$641M
2016	$1.5B	$225M	58.4%	13.4%	16.0%	9.5%	$460M	—	$709M
2015	—	$193M	—	—	15.8%	9.9%	$319M	—	$531M
2014	—	$216M	—	—	21.0%	13.5%	$330M	—	$372M
2013	—	$136M	—	—	15.9%	10.1%	$222M	—	$417M
2012	—	$133M	—	—	19.2%	11.8%	$178M	—	$428M

Valuation over time

How the market has priced EDU against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 333.1× (May '23) to 165.7× (Nov '26).
The price-to-sales ratio has fallen from 20.2× (Mar '23) to 13.9× (Nov '26).
The dividend yield has risen from 0.1% (Jun '25) to 0.1% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is EDU growing its revenue and profit?

Over the past 5 years, New Oriental Education & Technology Group Inc.'s revenue has grown 5.8% per year, and net income grown 7.3% per year. These are computed facts, not advice.

How much debt does EDU have?

As of FY2026, New Oriental Education & Technology Group Inc. reported — of total debt against $1.8B of cash; operating income covered interest expense 22973×.

What is EDU's profit margin?

In FY2026, gross margin was 54.6%, operating margin 11.4%, and net margin 8.4%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.