EDU Financials New Oriental Education & Technology Group Inc.
15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 6.5% per year over the past 5 years.
Net income has grown slower than revenue (-2.1% vs 6.5% per year).
Operating margin has contracted, at 8.7% in the latest year.
Free cash flow has grown 5.8% per year over the past 5 years.
Financial health
Operating income covered interest expense 1377× in the latest year, up from 86× 5 years ago.
Shareholder returns
Dividends have been paid for 1 consecutive year, consuming 26.4% of earnings and 15.0% of free cash flow.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
2025
$4.9B
$372M
55.4%
8.7%
$655M
—
$1.6B
2024
$4.3B
$310M
52.5%
8.1%
$873M
—
$1.4B
2023
$3.0B
$177M
53.0%
6.3%
$828M
—
$1.7B
2022
$3.1B
-$1.2B
43.5%
-31.6%
-$1.4B
—
$1.1B
2021
$4.3B
$334M
52.4%
2.7%
$701M
$0
$1.6B
2020
$3.6B
$413M
55.6%
11.1%
$495M
$118M
$915M
2019
$3.1B
$238M
55.6%
9.9%
$537M
$96M
$1.4B
2018
$2.4B
$296M
56.5%
10.7%
$567M
—
$983M
2017
$1.8B
$274M
58.3%
14.6%
$517M
—
$641M
2016
$1.5B
$225M
58.4%
13.4%
$460M
—
$709M
2015
—
$193M
—
—
$319M
—
$531M
2014
—
$216M
—
—
$330M
—
$372M
2013
—
$136M
—
—
$222M
—
$417M
2012
—
$133M
—
—
$178M
—
$428M
2011
—
$102M
—
—
$167M
—
$317M
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 340.5× (May '23) to 195.1× (Jun '26).
The price-to-sales ratio has fallen from 20.6× (Mar '23) to 14.8× (Jun '26).
The dividend yield has risen from 0.1% (Jun '25) to 0.1% (Jun '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 6.5% per year, and net income declined 2.1% per year. These are computed facts, not advice.
How much debt does EDU have?
As of FY2025, New Oriental Education & Technology Group Inc. reported — of total debt against $1.6B of cash; operating income covered interest expense 1377×.
What is EDU's profit margin?
In FY2025, gross margin was 55.4%, operating margin 8.7%, and net margin 7.6%.
What is EDU's P/E ratio?
As of Jun '26, New Oriental Education & Technology Group Inc. traded at a price-to-earnings ratio of about 195.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.