New Oriental Education & Technology Group (EDU) Financials

$47.02 +0.57 (+1.23%)

Closing price 05/27/2025 03:59 PM Eastern

Extended Trading

$46.52 -0.50 (-1.07%)

As of 04:08 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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	5/31/2024	5/31/2023	5/31/2022	5/31/2021	5/31/2020	5/31/2019	5/31/2018	5/31/2017	5/31/2016	5/31/2015	5/31/2014
Net Income / (Loss) Attributable to Common Shareholders	310	177	-1,188	334	413	238	296	274	225	193	216
Consolidated Net Income / (Loss)	325	235	-1,220	230	355	228	297	277	225	193	216
Net Income / (Loss) Continuing Operations	325	235	-1,220	230	355	228	297	277	225	193	212
Total Pre-Tax Income	494	309	-1,032	315	488	316	357	331	267	220	243
Total Operating Income	350	190	-983	117	399	306	263	262	199	154	198
Total Gross Profit	2,263	1,588	1,351	2,240	1,990	1,720	1,382	1,050	864	720	687
Total Revenue	4,314	2,998	3,105	4,277	3,579	3,096	2,447	1,800	1,478	1,247	1,139
Operating Revenue	4,314	2,998	3,105	4,277	3,579	3,096	2,447	1,800	1,478	1,247	1,139
Total Cost of Revenue	2,051	1,409	1,754	2,037	1,589	1,376	1,066	750	614	526	452
Operating Cost of Revenue	2,051	1,409	1,754	2,037	1,589	1,376	1,066	750	614	526	452
Total Operating Expenses	1,912	1,398	2,333	2,122	1,591	1,415	1,119	788	665	567	493
Selling, General & Admin Expense	1,252	954	1,867	1,490	1,146	1,029	794	555	471	378	324
Marketing Expense	661	445	467	601	445	384	324	233	198	188	169
Total Other Income / (Expense), net	143	118	-50	198	89	10	94	69	68	67	46
Interest Expense	0.30	0.71	4.05	6.75	4.63	1.62	0.00	0.00	-	-	-
Interest & Investment Income	143	106	-21	101	84	92	84	59	67	67	45
Other Income / (Expense), net	1.11	14	-25	103	9.09	-80	10	9.45	1.59	0.34	0.75
Income Tax Expense	110	66	136	84	134	86	59	51	38	26	26
Other Gains / (Losses), net	-59	-7.10	-51	-1.37	1.39	-2.29	-0.38	-3.29	-4.43	-1.54	-1.45
Net Income / (Loss) Attributable to Noncontrolling Interest	16	58	-33	-104	-58	-10	1.11	2.34	0.44	-0.30	0.00
Weighted Average Basic Shares Outstanding	1.65B	1.68B	1.70B	1.65B	1.58B	1.58B	158.17M	157.55M	156.78M	156.44M	156.03M
Weighted Average Diluted Shares Outstanding	1.67B	1.69B	1.70B	1.65B	1.60B	1.59B	158.56M	157.99M	157.39M	157.30M	157.90M
Weighted Average Basic & Diluted Shares Outstanding	1.65B	1.64B	1.70B	1.69B	158.54M	157.85M	158.32M	157.69M	157.44M	156.49M	157.76M

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

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

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

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. See New Oriental Education & Technology Group's forecast for analyst expectations on what’s next for the company.

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 5/28/2025 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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