New Oriental Education & Technology Group (EDU) Financials

$48.36 -1.56 (-3.12%)

Closing price 05/6/2025 03:59 PM Eastern

Extended Trading

$48.38 +0.01 (+0.03%)

As of 08:00 AM Eastern

Annual Income Statements for New Oriental Education & Technology Group

This table shows New Oriental Education & Technology Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	5/31/2014	5/31/2015	5/31/2016	5/31/2017	5/31/2018	5/31/2019	5/31/2020	5/31/2021	5/31/2022	5/31/2023	5/31/2024
Net Income / (Loss) Attributable to Common Shareholders	216	193	225	274	296	238	413	334	-1,188	177	310
Consolidated Net Income / (Loss)	216	193	225	277	297	228	355	230	-1,220	235	325
Net Income / (Loss) Continuing Operations	212	193	225	277	297	228	355	230	-1,220	235	325
Total Pre-Tax Income	243	220	267	331	357	316	488	315	-1,032	309	494
Total Operating Income	198	154	199	262	263	306	399	117	-983	190	350
Total Gross Profit	687	720	864	1,050	1,382	1,720	1,990	2,240	1,351	1,588	2,263
Total Revenue	1,139	1,247	1,478	1,800	2,447	3,096	3,579	4,277	3,105	2,998	4,314
Operating Revenue	1,139	1,247	1,478	1,800	2,447	3,096	3,579	4,277	3,105	2,998	4,314
Total Cost of Revenue	452	526	614	750	1,066	1,376	1,589	2,037	1,754	1,409	2,051
Operating Cost of Revenue	452	526	614	750	1,066	1,376	1,589	2,037	1,754	1,409	2,051
Total Operating Expenses	493	567	665	788	1,119	1,415	1,591	2,122	2,333	1,398	1,912
Selling, General & Admin Expense	324	378	471	555	794	1,029	1,146	1,490	1,867	954	1,252
Marketing Expense	169	188	198	233	324	384	445	601	467	445	661
Total Other Income / (Expense), net	46	67	68	69	94	10	89	198	-50	118	143
Interest Expense	-	-	-	0.00	0.00	1.62	4.63	6.75	4.05	0.71	0.30
Interest & Investment Income	45	67	67	59	84	92	84	101	-21	106	143
Other Income / (Expense), net	0.75	0.34	1.59	9.45	10	-80	9.09	103	-25	14	1.11
Income Tax Expense	26	26	38	51	59	86	134	84	136	66	110
Other Gains / (Losses), net	-1.45	-1.54	-4.43	-3.29	-0.38	-2.29	1.39	-1.37	-51	-7.10	-59
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	-0.30	0.44	2.34	1.11	-10	-58	-104	-33	58	16
Weighted Average Basic Shares Outstanding	156.03M	156.44M	156.78M	157.55M	158.17M	1.58B	1.58B	1.65B	1.70B	1.68B	1.65B
Weighted Average Diluted Shares Outstanding	157.90M	157.30M	157.39M	157.99M	158.56M	1.59B	1.60B	1.65B	1.70B	1.69B	1.67B
Weighted Average Basic & Diluted Shares Outstanding	157.76M	156.49M	157.44M	157.69M	158.32M	157.85M	158.54M	1.69B	1.70B	1.64B	1.65B

No quarterly income statements for New Oriental Education & Technology Group are available.

This table details how cash moves in and out of New Oriental Education & Technology Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	5/31/2014	5/31/2015	5/31/2016	5/31/2017	5/31/2018	5/31/2019	5/31/2020	5/31/2021	5/31/2022	5/31/2023	5/31/2024
Net Change in Cash & Equivalents	-46	160	178	-68	342	431	-499	713	-343	611	-192
Net Cash From Operating Activities	361	374	524	623	781	806	804	1,130	-1,280	971	1,123
Net Cash From Continuing Operating Activities	361	374	524	623	781	806	804	1,130	-1,280	963	1,123
Net Income / (Loss) Continuing Operations	216	193	225	277	297	228	355	230	-1,220	235	325
Consolidated Net Income / (Loss)	216	193	225	277	297	228	355	230	-1,220	235	325
Depreciation Expense	44	47	47	54	77	110	146	226	192	117	101
Amortization Expense	0.23	0.72	1.23	1.53	1.95	3.96	4.69	5.33	2.60	5.89	6.17
Non-Cash Adjustments To Reconcile Net Income	18	15	19	22	39	153	107	140	873	67	-42
Changes in Operating Assets and Liabilities, net	84	119	231	268	366	311	191	529	-1,128	538	733
Net Cash From Investing Activities	-344	-173	-310	-672	-407	-575	-1,256	-2,178	1,169	-37	-1,154
Net Cash From Continuing Investing Activities	-344	-173	-310	-672	-407	-575	-1,256	-2,178	1,169	-37	-1,154
Purchase of Property, Plant & Equipment	-32	-55	-64	-106	-214	-269	-310	-429	-151	-143	-249
Acquisitions	0.00	-26	-0.47	-0.91	-1.00	-36	1.07	-13	0.00	0.89	0.00
Purchase of Investments	-185	-204	-1,194	-1,520	-1,435	-3,829	-3,313	-5,575	-664	-3,325	-2,706
Sale of Property, Plant & Equipment	0.95	1.74	1.31	2.81	9.81	17	24	45	5.39	1.32	0.42
Sale and/or Maturity of Investments	-128	112	1,010	951	1,238	3,575	2,327	3,773	2,053	3,429	2,015
Other Investing Activities, net	-0.75	-1.08	-65	0.00	-5.36	-23	0.71	21	-75	-0.28	-214
Net Cash From Financing Activities	-54	-44	-0.92	4.79	-75	267	-18	1,654	-231	-247	-160
Net Cash From Continuing Financing Activities	-54	-44	-0.92	4.79	-75	267	-18	1,654	-231	-247	-160
Repayment of Debt	-	-	-	-	-	0.00	0.06	-120	-223	-49	-0.24
Repurchase of Common Equity	-21	-59	-3.75	0.00	-90	-72	-13	-20	0.00	-192	-147
Other Financing Activities, net	-	-	-6.42	-4.56	-7.24	-12	-28	-18	-7.78	-19	-13
Cash Interest Paid	-	-	-	-	-	0.83	4.67	4.22	5.05	0.80	0.36
Cash Income Taxes Paid	27	24	32	37	-57	75	136	144	53	55	109

No quarterly cash flow statements for New Oriental Education & Technology Group are available.

This table presents New Oriental Education & Technology Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	5/31/2014	5/31/2015	5/31/2016	5/31/2017	5/31/2018	5/31/2019	5/31/2020	5/31/2021	5/31/2022	5/31/2023	5/31/2024
Total Assets	1,604	1,952	2,355	2,925	3,978	4,647	6,557	10,151	6,035	6,392	7,532
Total Current Assets	1,234	1,349	1,869	2,326	2,942	3,466	3,756	6,574	4,474	4,414	5,389
Cash & Equivalents	372	531	709	641	983	1,414	915	1,612	1,149	1,663	1,389
Restricted Cash	0.49	0.94	0.11	0.04	0.05	0.04	-	-	0.00	111	177
Short-Term Investments	742	669	1,025	1,525	1,732	1,777	2,318	3,435	1,902	1,478	2,066
Accounts Receivable	6.90	7.81	8.29	9.29	4.77	46	7.56	13	63	52	38
Inventories, net	22	24	27	32	40	29	31	31	28	53	93
Prepaid Expenses	78	98	100	119	182	200	199	269	215	211	309
Other Current Assets	-	-	-	-	-	-	285	1,214	1,140	856	1,320
Plant, Property, & Equipment, net	225	231	238	283	450	532	672	865	403	360	508
Total Noncurrent Assets	145	371	248	316	586	648	2,128	2,712	1,121	1,617	1,628
Long-Term Investments	119	328	183	221	437	409	435	558	484	431	378
Goodwill	3.69	11	11	14	32	80	80	73	71	106	104
Intangible Assets	0.74	3.92	2.62	4.01	8.54	14	10	4.84	2.80	25	19
Noncurrent Deferred & Refundable Income Taxes	2.22	5.04	24	29	43	61	63	104	20	56	73
Other Noncurrent Operating Assets	18	21	26	46	64	83	1,516	1,968	544	999	1,054
Total Liabilities & Shareholders' Equity	1,604	1,952	2,355	2,925	3,978	4,647	6,557	10,151	6,035	6,392	7,532
Total Liabilities	578	728	920	1,205	1,763	2,121	3,687	5,133	2,241	2,578	3,483
Total Current Liabilities	576	725	918	1,203	1,751	2,006	2,479	3,471	1,710	2,251	3,001
Short-Term Debt	-	-	-	-	0.00	0.00	384	514	-	156	200
Accounts Payable	8.59	20	21	24	40	35	35	38	22	70	106
Accrued Expenses	169	179	217	261	374	577	635	908	510	569	775
Current Deferred Revenue	381	501	647	867	1,270	1,301	1,324	1,926	933	1,338	1,780
Current Deferred & Payable Income Tax Liabilities	18	25	33	51	67	94	101	84	76	118	140
Other Current Liabilities	-	-	-	-	-	-	-	-	169	0.69	1.10
Total Noncurrent Liabilities	1.72	2.46	1.98	2.22	12	115	1,208	1,661	531	327	482
Long-Term Debt	-	-	-	-	0.00	96	118	298	65	15	14
Noncurrent Deferred & Payable Income Tax Liabilities	1.72	2.46	1.98	2.22	12	19	12	13	19	24	19
Other Noncurrent Operating Liabilities	-	-	-	-	0.00	0.00	-	-	446	288	448
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,026	1,224	1,435	1,720	2,008	2,525	2,870	5,018	3,794	3,815	4,049
Total Preferred & Common Equity	1,026	1,220	1,405	1,681	1,992	2,361	2,733	4,913	3,706	3,604	3,776
Total Common Equity	1,026	1,220	1,405	1,681	1,992	2,361	2,733	4,913	3,706	3,604	3,776
Common Stock	176	143	225	251	131	431	458	1,951	2,063	1,941	1,872
Retained Earnings	655	824	932	1,171	1,353	1,648	1,986	2,253	1,065	1,226	1,514
Treasury Stock	-0.01	-0.02	-0.01	-0.01	-0.00	-0.01	-0.00	-	0.00	-0.06	-0.06
Accumulated Other Comprehensive Income / (Loss)	66	100	63	39	245	-23	-91	262	129	-27	-96
Other Equity Adjustments	130	154	185	220	264	306	380	448	448	465	486
Noncontrolling Interest	0.00	3.50	30	39	16	164	137	105	88	210	273

No quarterly balance sheets for New Oriental Education & Technology Group are available.

This table displays calculated financial ratios and metrics derived from New Oriental Education & Technology Group's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	5/31/2014	5/31/2015	5/31/2016	5/31/2017	5/31/2018	5/31/2019	5/31/2020	5/31/2021	5/31/2022	5/31/2023	5/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	18.65%	9.47%	18.57%	21.72%	36.01%	26.52%	15.57%	19.50%	-27.39%	-3.46%	43.89%
EBITDA Growth	48.97%	-16.88%	23.69%	31.35%	7.67%	-3.50%	64.51%	-19.26%	-280.06%	140.18%	40.33%
EBIT Growth	124.52%	-44.82%	30.25%	35.51%	0.58%	-17.32%	80.69%	-45.99%	-557.18%	120.21%	72.57%
NOPAT Growth	119.87%	-46.64%	26.35%	29.90%	-1.27%	1.56%	29.87%	-70.20%	-898.36%	121.72%	82.52%
Net Income Growth	58.29%	-10.66%	16.92%	22.84%	7.38%	-23.35%	55.75%	-35.18%	-630.51%	119.29%	38.18%
EPS Growth	57.47%	-10.22%	16.26%	21.68%	0.00%	-23.35%	55.75%	-35.18%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	27.40%	7.08%	40.14%	18.76%	-225.44%	3.14%	-0.15%	40.48%	-213.31%	175.83%	15.62%
Free Cash Flow Firm Growth	52.37%	-19.17%	48.34%	17.13%	20.40%	-45.97%	-656.13%	51.81%	181.51%	-74.00%	121.61%
Invested Capital Growth	-66.01%	-94.53%	-57.60%	-38.28%	-40.55%	-4.46%	179.80%	101.76%	-80.30%	-0.27%	-19.44%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	120.68%	115.57%	58.44%	58.35%	56.45%	55.55%	55.60%	52.37%	43.51%	52.98%	52.45%
EBITDA Margin	42.84%	32.28%	16.84%	18.17%	14.39%	10.98%	15.62%	10.56%	-26.18%	10.90%	10.63%
Operating Margin	34.69%	24.63%	13.45%	14.57%	10.74%	9.87%	11.15%	2.74%	-31.64%	6.34%	8.12%
EBIT Margin	35.14%	12.34%	13.56%	15.09%	11.16%	7.29%	11.40%	5.15%	-32.45%	6.80%	8.15%
Profit (Net Income) Margin	18.94%	30.91%	15.24%	15.38%	12.14%	7.36%	9.92%	5.38%	-39.30%	7.85%	7.54%
Tax Burden Percent	177.39%	87.41%	84.30%	83.70%	83.25%	72.14%	72.74%	73.03%	118.19%	76.29%	65.85%
Interest Burden Percent	245.26%	286.57%	133.36%	121.76%	130.70%	139.85%	119.54%	142.90%	102.46%	151.46%	140.48%
Effective Tax Rate	21.42%	23.79%	14.04%	15.31%	16.64%	27.14%	27.54%	26.54%	0.00%	21.41%	22.21%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.31%	-72.92%	48.17%	97.51%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.11%	-57.54%	45.71%	96.07%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1.48%	45.22%	-41.98%	-89.24%
Return on Equity (ROE)	73.24%	17.13%	16.95%	17.55%	15.11%	9.61%	13.16%	5.83%	-27.70%	6.19%	8.27%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-188.30%	-60.14%	61.25%	48.44%	119.05%
Operating Return on Assets (OROA)	42.72%	24.43%	9.31%	10.29%	7.91%	5.24%	7.29%	2.64%	-12.45%	3.28%	5.05%
Return on Assets (ROA)	46.46%	30.59%	10.46%	10.49%	8.61%	5.28%	6.33%	2.75%	-15.08%	3.79%	4.67%
Return on Common Equity (ROCE)	0.00%	34.21%	16.74%	17.16%	14.10%	8.83%	12.42%	5.65%	-27.09%	5.94%	7.76%
Return on Equity Simple (ROE_SIMPLE)	21.03%	15.79%	16.04%	16.47%	14.92%	9.65%	12.98%	4.68%	-32.93%	6.53%	8.61%
Net Operating Profit after Tax (NOPAT)	176	135	171	222	219	223	289	86	-688	149	273
NOPAT Margin	30.98%	21.70%	11.56%	12.34%	8.96%	7.19%	8.08%	2.01%	-22.15%	4.98%	6.32%
Net Nonoperating Expense Percent (NNEP)	41.28%	8.32%	3.16%	2.55%	2.82%	0.16%	2.35%	5.20%	-15.38%	2.46%	1.44%
Cost of Revenue to Revenue	79.32%	84.43%	41.56%	41.66%	43.55%	44.45%	44.40%	47.63%	56.49%	47.02%	47.55%
SG&A Expenses to Revenue	56.93%	61.96%	31.86%	30.84%	32.46%	33.22%	32.01%	34.84%	60.11%	31.81%	29.02%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	43.31%	93.46%	44.99%	43.78%	45.71%	45.69%	44.45%	49.63%	75.15%	46.64%	44.33%
Earnings before Interest and Taxes (EBIT)	198	154	200	272	273	226	408	220	-1,008	204	352
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	242	201	249	327	352	340	559	451	-813	327	458
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.84	3.00	4.68	6.68	7.88	5.74	6.93	3.30	0.59	17.56	34.44
Price to Tangible Book Value (P/TBV)	3.86	6.08	4.73	6.75	8.04	5.98	7.17	3.35	0.60	18.22	35.60
Price to Revenue (P/Rev)	3.46	5.88	4.45	6.24	6.41	4.38	5.29	3.79	0.70	21.11	30.15
Price to Earnings (P/E)	18.28	18.98	29.24	40.89	52.97	56.96	45.81	48.50	0.00	356.90	420.04
Dividend Yield	1.39%	0.00%	0.95%	0.00%	0.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	5.47%	10.55%	3.42%	2.45%	1.89%	1.76%	2.18%	2.06%	0.00%	0.28%	0.24%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	21.74	8.17	0.00	193.75	507.22
Enterprise Value to Revenue (EV/Rev)	2.38	3.43	3.17	4.93	5.21	3.30	4.75	3.01	0.00	20.01	29.33
Enterprise Value to EBITDA (EV/EBITDA)	11.19	21.25	18.83	27.14	36.23	30.07	30.38	28.54	0.00	183.67	276.03
Enterprise Value to EBIT (EV/EBIT)	13.66	13.89	23.39	32.67	46.70	45.25	41.62	58.44	0.00	294.51	359.91
Enterprise Value to NOPAT (EV/NOPAT)	15.36	31.62	27.43	39.97	58.20	45.91	58.74	149.53	0.00	401.68	464.14
Enterprise Value to Operating Cash Flow (EV/OCF)	7.50	11.43	8.94	14.25	0.00	12.69	21.11	11.40	0.00	61.78	112.70
Enterprise Value to Free Cash Flow (EV/FCFF)	20.94	18.31	13.51	21.83	26.06	38.65	0.00	0.00	0.00	399.48	380.17
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.04	0.55	0.43	0.02	0.04	0.05
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.04	0.42	0.33	0.02	0.00	0.00
Financial Leverage	-2.30	-2.46	-1.30	-1.36	-1.41	-1.40	-1.04	-0.70	-0.79	-0.92	-0.93
Leverage Ratio	3.14	4.49	1.62	1.67	1.75	1.82	2.08	2.12	1.84	1.63	1.77
Compound Leverage Factor	3.85	6.43	2.16	2.04	2.29	2.54	2.48	3.03	1.88	2.47	2.49
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	3.68%	35.51%	30.11%	1.69%	4.28%	5.03%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	8.63%	7.16%	0.00%	3.91%	4.69%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	3.68%	26.87%	22.95%	1.69%	0.37%	0.34%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.57%	2.10%	2.27%	10.07%	6.27%	3.07%	1.46%	2.28%	5.28%	6.41%
Common Equity to Total Capital	0.00%	199.43%	97.90%	97.73%	89.93%	90.05%	61.42%	68.43%	96.02%	90.44%	88.57%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.28	2.83	4.79	-0.08	0.52	0.47
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	-10.31	-3.74	-7.63	4.27	-10.75	-8.28
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.28	2.14	3.65	-0.08	0.04	0.03
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.43	5.47	25.10	-0.10	1.14	0.79
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	-15.74	-7.22	-39.96	5.04	-23.52	-13.93
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.43	4.14	19.13	-0.10	0.10	0.05
Altman Z-Score	0.00	4.89	6.23	7.53	7.02	5.54	4.49	3.07	1.35	15.98	23.79
Noncontrolling Interest Sharing Ratio	0.00%	0.31%	1.26%	2.19%	6.66%	8.18%	5.58%	3.06%	2.19%	3.92%	6.15%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.14	3.72	2.04	1.93	1.68	1.73	1.52	1.89	2.62	1.96	1.80
Quick Ratio	0.00	3.33	1.90	1.81	1.55	1.61	1.31	1.46	1.82	1.42	1.16
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	259	234	347	407	489	264	-1,471	-709	578	150	333
Operating Cash Flow to CapEx	2,349.68%	1,396.58%	831.04%	604.97%	-382.08%	319.83%	282.19%	294.44%	-880.94%	685.15%	450.92%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	163.75	-317.85	-105.04	142.63	212.41	1,116.77
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	498.85	173.86	167.49	-316.16	1,373.42	3,767.26
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	342.88	112.25	110.61	-352.05	1,172.96	2,931.79
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.77	0.70	0.69	0.68	0.71	0.72	0.64	0.51	0.38	0.48	0.62
Accounts Receivable Turnover	177.95	169.56	183.71	204.76	348.02	122.11	133.77	420.36	82.04	52.24	95.50
Inventory Turnover	20.12	22.71	23.96	25.39	29.64	39.76	52.64	65.18	59.37	34.97	28.19
Fixed Asset Turnover	4.82	5.46	6.30	6.91	6.68	6.31	5.94	5.56	4.90	7.86	9.94
Accounts Payable Turnover	49.47	36.97	29.74	32.77	33.19	36.97	45.88	55.64	57.74	30.62	23.38
Days Sales Outstanding (DSO)	4.10	4.31	1.99	1.78	1.05	2.99	2.73	0.87	4.45	6.99	3.82
Days Inventory Outstanding (DIO)	36.29	32.14	15.23	14.38	12.32	9.18	6.93	5.60	6.15	10.44	12.95
Days Payable Outstanding (DPO)	14.76	19.75	12.27	11.14	11.00	9.87	7.96	6.56	6.32	11.92	15.61
Cash Conversion Cycle (CCC)	25.64	16.70	4.95	5.02	2.37	2.30	1.71	-0.09	4.28	5.51	1.16
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-207	-306	-482	-667	-937	-979	781	1,576	310	310	249
Invested Capital Turnover	-13.70	-9.71	-3.75	-3.13	-3.05	-3.23	-36.21	3.63	3.29	9.67	15.43
Increase / (Decrease) in Invested Capital	-82	-99	-176	-185	-270	-42	1,760	795	-1,265	-0.82	-60
Enterprise Value (EV)	2,710	2,137	4,689	8,874	12,757	10,221	16,983	12,881	-1,196	59,992	126,519
Market Capitalization	3,943	3,664	6,575	11,222	15,685	13,560	18,936	16,219	2,185	63,294	130,042
Book Value per Share	$6.55	$7.74	$8.98	$10.68	$12.63	$14.91	$17.32	$30.99	$2.19	$2.12	$2.30
Tangible Book Value per Share	$6.52	$7.64	$8.89	$10.56	$12.37	$14.32	$16.74	$30.50	$2.15	$2.05	$2.22
Total Capital	1,026	1,224	1,435	1,720	2,215	2,622	4,450	7,180	3,859	3,985	4,263
Total Debt	0.00	0.00	0.00	0.00	0.00	96	1,580	2,162	65	170	214
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	96	1,196	1,648	65	15	14
Net Debt	-1,233	-1,530	-1,917	-2,387	-3,152	-3,504	-2,089	-3,442	-3,469	-3,512	-3,796
Capital Expenditures (CapEx)	31	54	63	103	204	252	285	384	145	142	249
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-456	-578	-783	-1,042	-1,524	-1,732	-1,572	-1,430	-287	-933	-1,044
Debt-free Net Working Capital (DFNWC)	658	624	951	1,124	1,191	1,460	1,661	3,617	2,764	2,319	2,588
Net Working Capital (NWC)	658	624	951	1,124	1,191	1,460	1,277	3,103	2,764	2,163	2,388
Net Nonoperating Expense (NNE)	-39	-57	-54	-55	-78	-5.23	-66	-144	533	-86	-53
Net Nonoperating Obligations (NNO)	-1,233	-1,530	-1,917	-2,387	-3,152	-3,504	-2,089	-3,442	-3,483	-3,505	-3,800
Total Depreciation and Amortization (D&A)	44	47	49	55	79	114	151	231	195	123	107
Debt-free, Cash-free Net Working Capital to Revenue	-40.07%	-92.66%	-52.96%	-57.92%	-62.26%	-55.92%	-43.93%	-33.44%	-9.24%	-31.13%	-24.21%
Debt-free Net Working Capital to Revenue	57.74%	100.04%	64.34%	62.44%	48.66%	47.15%	46.42%	84.57%	89.01%	77.35%	60.00%
Net Working Capital to Revenue	115.48%	100.04%	64.34%	62.44%	48.66%	47.15%	35.69%	72.55%	89.01%	72.15%	55.36%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.38	$1.23	$1.43	$1.74	$0.19	$1.50	$2.61	$2.00	($0.70)	$0.11	$0.00
Adjusted Weighted Average Basic Shares Outstanding	156.03M	156.44M	156.78M	157.55M	1.58B	158.29M	158.43M	164.55M	1.70B	1.68B	1.65B
Adjusted Diluted Earnings per Share	$1.37	$1.23	$1.43	$1.74	$0.19	$1.50	$2.59	$2.00	($0.70)	$0.10	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	157.90M	157.30M	157.39M	157.99M	1.59B	159.04M	159.54M	165.20M	1.70B	1.69B	1.67B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	157.76M	156.49M	157.44M	157.69M	0.00	157.85M	158.54M	169.01M	1.70B	1.64B	1.65B
Normalized Net Operating Profit after Tax (NOPAT)	173	135	168	222	219	224	289	110	-688	149	273
Normalized NOPAT Margin	15.21%	22.81%	11.34%	12.34%	8.96%	7.23%	8.08%	2.56%	-22.15%	4.98%	6.32%
Pre Tax Income Margin	42.71%	35.37%	18.08%	18.38%	14.59%	10.20%	13.63%	7.37%	-33.25%	10.29%	11.45%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	139.85	88.20	32.67	-248.82	288.12	1,179.64
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	137.84	62.48	12.77	-169.82	211.25	914.73
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	-16.13	26.59	-24.22	-284.71	87.66	344.17
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	-18.13	0.87	-44.12	-205.71	10.79	79.26
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	50.51%	0.00%	27.81%	0.00%	23.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	35.22%	61.67%	29.48%	0.00%	54.10%	31.41%	3.77%	8.55%	0.00%	81.42%	45.33%

No quarterly metrics and ratios for New Oriental Education & Technology Group are available.

Frequently Asked Questions About New Oriental Education & Technology Group's Financials

When does New Oriental Education & Technology Group's fiscal year end?

According to the most recent income statement we have on file, New Oriental Education & Technology Group's financial year ends in May. Their financial year 2024 ended on May 31, 2024.

How has New Oriental Education & Technology Group's net income changed over the last 10 years?

New Oriental Education & Technology Group's net income appears to be on a downward trend, with a most recent value of $325.22 million in 2024, rising from $215.70 million in 2014. The previous period was $235.36 million in 2023. Find out what analysts predict for New Oriental Education & Technology Group in the coming months.

What is New Oriental Education & Technology Group's operating income?

New Oriental Education & Technology Group's total operating income in 2024 was $350.43 million, based on the following breakdown:

Total Gross Profit: $2.26 billion
Total Operating Expenses: $1.91 billion

How has New Oriental Education & Technology Group revenue changed over the last 10 years?

Over the last 10 years, New Oriental Education & Technology Group's total revenue changed from $1.14 billion in 2014 to $4.31 billion in 2024, a change of 278.8%.

How much debt does New Oriental Education & Technology Group have?

New Oriental Education & Technology Group's total liabilities were at $3.48 billion at the end of 2024, a 35.1% increase from 2023, and a 502.8% increase since 2014.

How much cash does New Oriental Education & Technology Group have?

In the past 10 years, New Oriental Education & Technology Group's cash and equivalents has ranged from $371.59 million in 2014 to $1.66 billion in 2023, and is currently $1.39 billion as of their latest financial filing in 2024.

How has New Oriental Education & Technology Group's book value per share changed over the last 10 years?

Over the last 10 years, New Oriental Education & Technology Group's book value per share changed from 6.55 in 2014 to 2.30 in 2024, a change of -64.9%.

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This page (NYSE:EDU) was last updated on 5/7/2025 by MarketBeat.com Staff

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New Oriental Education & Technology Group (EDU) Financials

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New Oriental Education & Technology Group (EDU) Financials

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