New Oriental Education & Technology Group (EDU) Financials

$53.76 +0.62 (+1.17%)

Closing price 03:59 PM Eastern

Extended Trading

$53.78 +0.02 (+0.03%)

As of 05:38 PM 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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	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	5/31/2025
Net Income / (Loss) Attributable to Common Shareholders	193	225	274	296	238	413	334	-1,188	177	310	372
Consolidated Net Income / (Loss)	193	225	277	297	228	355	230	-1,220	235	325	376
Net Income / (Loss) Continuing Operations	193	225	277	297	228	355	230	-1,220	235	325	376
Total Pre-Tax Income	220	267	331	357	316	488	315	-1,032	309	494	536
Total Operating Income	154	199	262	263	306	399	117	-983	190	350	428
Total Gross Profit	720	864	1,050	1,382	1,720	1,990	2,240	1,351	1,588	2,263	2,717
Total Revenue	1,247	1,478	1,800	2,447	3,096	3,579	4,277	3,105	2,998	4,314	4,900
Operating Revenue	1,247	1,478	1,800	2,447	3,096	3,579	4,277	3,105	2,998	4,314	4,900
Total Cost of Revenue	526	614	750	1,066	1,376	1,589	2,037	1,754	1,409	2,051	2,183
Operating Cost of Revenue	526	614	750	1,066	1,376	1,589	2,037	1,754	1,409	2,051	2,183
Total Operating Expenses	567	665	788	1,119	1,415	1,591	2,122	2,333	1,398	1,912	2,289
Selling, General & Admin Expense	378	471	555	794	1,029	1,146	1,490	1,867	954	1,252	1,444
Marketing Expense	188	198	233	324	384	445	601	467	445	661	784
Impairment Charge	-	-	-	-	5.25	0.00	32	-	0.00	0.00	60
Total Other Income / (Expense), net	67	68	69	94	10	89	198	-50	118	143	108
Interest Expense	-	-	0.00	0.00	1.62	4.63	6.75	4.05	0.71	0.30	0.31
Interest & Investment Income	67	67	59	84	92	84	101	-21	106	124	114
Other Income / (Expense), net	0.34	1.59	9.45	10	-80	9.09	103	-25	13	20	-5.95
Income Tax Expense	26	38	51	59	86	134	84	136	66	110	146
Other Gains / (Losses), net	-1.54	-4.43	-3.29	-0.38	-2.29	1.39	-1.37	-51	-7.10	-59	-14
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.30	0.44	2.34	1.11	-10	-58	-104	-33	58	16	4.12
Basic Earnings per Share	$1.23	$1.43	$1.74	$1.87	$0.15	$0.26	$0.20	-	$0.11	$0.19	$0.23
Weighted Average Basic Shares Outstanding	156.44M	156.78M	157.55M	158.17M	1.58B	1.58B	1.65B	1.70B	1.68B	1.65B	1.62B
Diluted Earnings per Share	$1.23	$1.43	$1.74	$1.87	$0.15	$0.26	$0.20	-	$0.10	$0.18	$0.23
Weighted Average Diluted Shares Outstanding	157.30M	157.39M	157.99M	158.56M	1.59B	1.60B	1.65B	1.70B	1.69B	1.67B	1.63B
Weighted Average Basic & Diluted Shares Outstanding	156.49M	157.44M	157.69M	158.32M	157.85M	158.54M	1.69B	1.70B	1.64B	1.65B	1.58B

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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	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	5/31/2025
Net Change in Cash & Equivalents	160	178	-68	342	431	-499	713	-343	611	-216	218
Net Cash From Operating Activities	374	524	623	781	806	804	1,130	-1,280	971	1,123	897
Net Cash From Continuing Operating Activities	374	524	623	781	806	804	1,130	-1,280	971	1,123	897
Net Income / (Loss) Continuing Operations	193	225	277	297	228	355	230	-1,220	235	325	376
Consolidated Net Income / (Loss)	193	225	277	297	228	355	230	-1,220	235	325	376
Depreciation Expense	47	47	54	77	110	146	226	192	117	101	140
Amortization Expense	0.72	1.23	1.53	1.95	3.96	4.69	5.33	2.60	5.89	6.17	6.08
Non-Cash Adjustments To Reconcile Net Income	15	19	22	39	153	107	140	873	75	172	4.92
Changes in Operating Assets and Liabilities, net	119	231	268	366	311	191	529	-1,128	538	519	370
Net Cash From Investing Activities	-173	-310	-672	-407	-575	-1,256	-2,178	1,169	-37	-1,154	-93
Net Cash From Continuing Investing Activities	-173	-310	-672	-407	-575	-1,256	-2,178	1,169	-37	-1,154	-93
Purchase of Property, Plant & Equipment	-55	-64	-106	-214	-269	-310	-429	-151	-143	-249	-242
Acquisitions	-26	-0.47	-0.91	-1.00	-36	1.07	-13	0.00	0.89	0.00	0.00
Purchase of Investments	-204	-1,194	-1,520	-1,435	-3,829	-3,313	-5,575	-664	-3,325	-3,686	-2,851
Sale of Property, Plant & Equipment	1.74	1.31	2.81	9.81	17	24	45	5.39	1.32	0.42	0.26
Sale and/or Maturity of Investments	112	1,010	951	1,238	3,575	2,327	3,773	2,053	3,429	2,816	2,986
Other Investing Activities, net	-1.08	-65	0.00	-5.36	-23	0.71	21	-75	-0.28	-35	14
Net Cash From Financing Activities	-44	-0.92	4.79	-75	267	-18	1,654	-231	-247	-160	-585
Net Cash From Continuing Financing Activities	-44	-0.92	4.79	-75	267	-18	1,654	-231	-247	-160	-585
Repayment of Debt	-	-	-	-	0.00	0.06	-120	-223	-49	-0.24	0.00
Repurchase of Common Equity	-59	-3.75	0.00	-90	-72	-13	-20	0.00	-192	-147	-461
Payment of Dividends	0.00	-63	0.00	-71	-	-	-	-	0.00	0.00	-98
Other Financing Activities, net	-	-6.42	-4.56	-7.24	-12	-28	-18	-7.78	-19	-17	-26
Cash Interest Paid	-	-	-	-	0.83	4.67	4.22	5.05	0.80	0.36	0.31
Cash Income Taxes Paid	24	32	37	-57	75	136	144	53	55	109	148

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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	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	5/31/2025
Total Assets	1,952	2,355	2,925	3,978	4,647	6,557	10,151	6,035	6,392	7,532	7,805
Total Current Assets	1,349	1,869	2,326	2,942	3,466	3,756	6,574	4,474	4,414	5,389	5,188
Cash & Equivalents	531	709	641	983	1,414	915	1,612	1,149	1,663	1,389	1,612
Restricted Cash	0.94	0.11	0.04	0.05	0.04	-	-	0.00	111	177	181
Short-Term Investments	669	1,025	1,525	1,732	1,777	2,318	3,435	1,902	1,478	2,066	1,874
Accounts Receivable	7.81	8.29	9.29	4.77	46	7.56	13	63	52	38	47
Inventories, net	24	27	32	40	29	31	31	28	53	93	81
Prepaid Expenses	98	100	119	182	200	199	269	215	211	309	308
Other Current Assets	-	-	-	-	-	285	1,214	1,140	856	1,320	1,092
Plant, Property, & Equipment, net	231	238	283	450	532	672	865	403	360	508	767
Total Noncurrent Assets	371	248	316	586	648	2,128	2,712	1,121	1,617	1,628	1,838
Long-Term Investments	328	183	221	437	409	435	558	484	431	378	413
Goodwill	11	11	14	32	80	80	73	71	106	104	44
Intangible Assets	3.92	2.62	4.01	8.54	14	10	4.84	2.80	25	19	13
Noncurrent Deferred & Refundable Income Taxes	5.04	24	29	43	61	63	104	20	56	73	98
Other Noncurrent Operating Assets	21	26	46	64	83	1,516	1,968	544	999	1,054	1,271
Total Liabilities & Shareholders' Equity	1,952	2,355	2,925	3,978	4,647	6,557	10,151	6,035	6,392	7,532	7,805
Total Liabilities	728	920	1,205	1,763	2,121	3,687	5,133	2,241	2,578	3,483	3,852
Total Current Liabilities	725	918	1,203	1,751	2,006	2,479	3,471	1,710	2,251	3,001	3,290
Short-Term Debt	-	-	-	0.00	0.00	384	514	-	156	200	256
Accounts Payable	20	21	24	40	35	35	38	22	70	106	80
Accrued Expenses	179	217	261	374	577	635	908	510	569	775	831
Current Deferred Revenue	501	647	867	1,270	1,301	1,324	1,926	933	1,338	1,780	1,954
Current Deferred & Payable Income Tax Liabilities	25	33	51	67	94	101	84	76	118	140	168
Other Current Liabilities	-	-	-	-	-	-	-	169	0.69	1.10	0.81
Total Noncurrent Liabilities	2.46	1.98	2.22	12	115	1,208	1,661	531	327	482	562
Long-Term Debt	-	-	-	0.00	96	118	298	65	15	14	14
Noncurrent Deferred & Payable Income Tax Liabilities	2.46	1.98	2.22	12	19	12	13	19	24	19	14
Other Noncurrent Operating Liabilities	-	-	-	0.00	0.00	-	-	446	288	448	533
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	1,224	1,435	1,720	2,008	2,525	2,870	5,018	3,794	3,815	4,049	3,954
Total Preferred & Common Equity	1,220	1,405	1,681	1,992	2,361	2,733	4,913	3,706	3,604	3,776	3,662
Total Common Equity	1,220	1,405	1,681	1,992	2,361	2,733	4,913	3,706	3,604	3,776	3,662
Common Stock	143	225	251	131	431	458	1,951	2,063	1,941	1,872	1,469
Retained Earnings	824	932	1,171	1,353	1,648	1,986	2,253	1,065	1,226	1,514	1,771
Treasury Stock	-0.02	-0.01	-0.01	-0.00	-0.01	-0.00	-	0.00	-0.06	-0.06	-0.12
Accumulated Other Comprehensive Income / (Loss)	100	63	39	245	-23	-91	262	129	-27	-96	-81
Other Equity Adjustments	154	185	220	264	306	380	448	448	465	486	503
Noncontrolling Interest	3.50	30	39	16	164	137	105	88	210	273	292

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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	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	5/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	9.47%	18.57%	21.72%	36.01%	26.52%	15.57%	19.50%	-27.39%	-3.46%	43.89%	13.60%
EBITDA Growth	-16.88%	23.69%	31.35%	7.71%	-3.50%	64.51%	-19.26%	-280.06%	140.18%	40.33%	19.02%
EBIT Growth	-44.82%	30.25%	35.51%	0.58%	-17.32%	80.69%	-45.99%	-557.18%	120.21%	72.57%	13.96%
NOPAT Growth	-46.64%	26.35%	29.90%	-1.27%	1.56%	29.87%	-70.20%	-898.36%	121.72%	82.52%	14.26%
Net Income Growth	-10.66%	16.92%	22.84%	7.38%	-23.35%	55.75%	-35.18%	-630.51%	119.29%	38.18%	15.56%
EPS Growth	-10.22%	16.26%	21.68%	7.47%	-23.35%	55.75%	-35.18%	0.00%	0.00%	0.00%	27.78%
Operating Cash Flow Growth	7.08%	40.14%	18.76%	25.44%	3.14%	-0.15%	40.48%	-213.31%	175.83%	15.62%	-20.14%
Free Cash Flow Firm Growth	-19.17%	48.34%	17.13%	20.40%	-45.97%	-656.13%	51.81%	181.51%	-74.00%	121.61%	26.86%
Invested Capital Growth	-94.53%	-57.60%	-38.28%	-40.55%	-4.46%	179.80%	101.76%	-80.30%	-0.27%	-19.44%	-44.39%
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	115.57%	58.44%	58.35%	56.45%	55.55%	55.60%	52.37%	43.51%	52.98%	52.45%	55.45%
EBITDA Margin	32.28%	16.84%	18.17%	14.39%	10.98%	15.62%	10.56%	-26.18%	10.90%	10.63%	11.60%
Operating Margin	24.63%	13.45%	14.57%	10.74%	9.87%	11.15%	2.74%	-31.64%	6.34%	8.12%	8.74%
EBIT Margin	12.34%	13.56%	15.09%	11.16%	7.29%	11.40%	5.15%	-32.45%	6.80%	8.15%	8.62%
Profit (Net Income) Margin	30.91%	15.24%	15.38%	12.14%	7.36%	9.92%	5.38%	-39.30%	7.85%	7.54%	7.67%
Tax Burden Percent	87.41%	84.30%	83.70%	83.25%	72.14%	72.74%	73.03%	118.19%	76.29%	65.85%	70.07%
Interest Burden Percent	286.57%	133.36%	121.76%	130.70%	139.85%	119.54%	142.90%	102.46%	151.46%	140.48%	127.01%
Effective Tax Rate	23.79%	14.04%	15.31%	16.64%	27.14%	27.54%	26.54%	0.00%	21.41%	22.21%	27.27%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.31%	-72.92%	48.17%	97.51%	160.48%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.11%	-57.54%	45.71%	96.07%	158.79%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1.48%	45.22%	-41.98%	-89.24%	-151.09%
Return on Equity (ROE)	17.13%	16.95%	17.55%	15.11%	9.61%	13.16%	5.83%	-27.70%	6.19%	8.27%	9.39%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	-188.30%	-60.14%	61.25%	48.44%	119.05%	217.53%
Operating Return on Assets (OROA)	24.43%	9.31%	10.29%	7.91%	5.24%	7.29%	2.64%	-12.45%	3.28%	5.05%	5.51%
Return on Assets (ROA)	30.59%	10.46%	10.49%	8.61%	5.28%	6.33%	2.75%	-15.08%	3.79%	4.67%	4.90%
Return on Common Equity (ROCE)	34.21%	16.74%	17.16%	14.10%	8.83%	12.42%	5.65%	-27.09%	5.94%	7.76%	8.73%
Return on Equity Simple (ROE_SIMPLE)	15.79%	16.04%	16.47%	14.92%	9.65%	12.98%	4.68%	-32.93%	6.53%	8.61%	0.00%
Net Operating Profit after Tax (NOPAT)	135	171	222	219	223	289	86	-688	149	273	311
NOPAT Margin	21.70%	11.56%	12.34%	8.96%	7.19%	8.08%	2.01%	-22.15%	4.98%	6.32%	6.36%
Net Nonoperating Expense Percent (NNEP)	8.32%	3.16%	2.55%	2.82%	0.16%	2.35%	5.20%	-15.38%	2.46%	1.44%	1.69%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	10.92%	-	-	-	-	-	-	7.37%
Cost of Revenue to Revenue	84.43%	41.56%	41.66%	43.55%	44.45%	44.40%	47.63%	56.49%	47.02%	47.55%	44.55%
SG&A Expenses to Revenue	61.96%	31.86%	30.84%	32.46%	33.22%	32.01%	34.84%	60.11%	31.81%	29.02%	29.48%
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	93.46%	44.99%	43.78%	45.71%	45.69%	44.45%	49.63%	75.15%	46.64%	44.33%	46.71%
Earnings before Interest and Taxes (EBIT)	154	200	272	273	226	408	220	-1,008	204	352	422
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	201	249	327	352	340	559	451	-813	327	458	568
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.00	4.68	6.68	7.80	5.74	6.93	3.30	0.59	17.56	34.44	21.31
Price to Tangible Book Value (P/TBV)	6.08	4.73	6.75	7.96	5.98	7.17	3.35	0.60	18.22	35.60	21.64
Price to Revenue (P/Rev)	5.88	4.45	6.24	6.35	4.38	5.29	3.79	0.70	21.11	30.15	15.92
Price to Earnings (P/E)	18.98	29.24	40.89	52.44	56.96	45.81	48.50	0.00	356.90	420.04	209.91
Dividend Yield	0.00%	0.95%	0.00%	0.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.27%
Earnings Yield	10.55%	3.42%	2.45%	1.91%	1.76%	2.18%	2.06%	0.00%	0.28%	0.24%	0.48%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	21.74	8.17	0.00	193.75	507.22	537.14
Enterprise Value to Revenue (EV/Rev)	3.43	3.17	4.93	5.15	3.30	4.75	3.01	0.00	20.01	29.33	15.21
Enterprise Value to EBITDA (EV/EBITDA)	21.25	18.83	27.14	35.78	30.07	30.38	28.54	0.00	183.67	276.03	131.13
Enterprise Value to EBIT (EV/EBIT)	13.89	23.39	32.67	46.13	45.25	41.62	58.44	0.00	294.51	359.91	176.44
Enterprise Value to NOPAT (EV/NOPAT)	31.62	27.43	39.97	57.49	45.91	58.74	149.53	0.00	401.68	464.14	239.24
Enterprise Value to Operating Cash Flow (EV/OCF)	11.43	8.94	14.25	16.13	12.69	21.11	11.40	0.00	61.78	112.70	83.10
Enterprise Value to Free Cash Flow (EV/FCFF)	18.31	13.51	21.83	25.74	38.65	0.00	0.00	0.00	399.48	380.17	176.49
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.04	0.55	0.43	0.02	0.04	0.05	0.07
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.04	0.42	0.33	0.02	0.00	0.00	0.00
Financial Leverage	-2.46	-1.30	-1.36	-1.41	-1.40	-1.04	-0.70	-0.79	-0.92	-0.93	-0.95
Leverage Ratio	4.49	1.62	1.67	1.75	1.82	2.08	2.12	1.84	1.63	1.77	1.92
Compound Leverage Factor	6.43	2.16	2.04	2.29	2.54	2.48	3.03	1.88	2.47	2.49	2.43
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	3.68%	35.51%	30.11%	1.69%	4.28%	5.03%	6.40%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	8.63%	7.16%	0.00%	3.91%	4.69%	6.06%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	3.68%	26.87%	22.95%	1.69%	0.37%	0.34%	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	0.57%	2.10%	2.27%	10.07%	6.27%	3.07%	1.46%	2.28%	5.28%	6.41%	6.91%
Common Equity to Total Capital	199.43%	97.90%	97.73%	89.93%	90.05%	61.42%	68.43%	96.02%	90.44%	88.57%	86.69%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.28	2.83	4.79	-0.08	0.52	0.47	0.48
Net Debt to EBITDA	0.00	0.00	0.00	0.00	-10.31	-3.74	-7.63	4.27	-10.75	-8.28	-6.70
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.28	2.14	3.65	-0.08	0.04	0.03	0.03
Debt to NOPAT	0.00	0.00	0.00	0.00	0.43	5.47	25.10	-0.10	1.14	0.79	0.87
Net Debt to NOPAT	0.00	0.00	0.00	0.00	-15.74	-7.22	-39.96	5.04	-23.52	-13.93	-12.23
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.43	4.14	19.13	-0.10	0.10	0.05	0.05
Altman Z-Score	4.89	6.23	7.53	6.96	5.54	4.49	3.07	1.35	15.98	23.79	13.57
Noncontrolling Interest Sharing Ratio	0.31%	1.26%	2.19%	6.66%	8.18%	5.58%	3.06%	2.19%	3.92%	6.15%	7.06%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.72	2.04	1.93	1.68	1.73	1.52	1.89	2.62	1.96	1.80	1.58
Quick Ratio	3.33	1.90	1.81	1.55	1.61	1.31	1.46	1.82	1.42	1.16	1.07
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	234	347	407	489	264	-1,471	-709	578	150	333	422
Operating Cash Flow to CapEx	1,396.58%	831.04%	604.97%	382.08%	319.83%	282.19%	294.44%	-880.94%	685.15%	450.92%	370.99%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	163.75	-317.85	-105.04	142.63	212.41	1,116.77	1,357.46
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	498.85	173.86	167.49	-316.16	1,373.42	3,767.26	2,882.93
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	342.88	112.25	110.61	-352.05	1,172.96	2,931.79	2,105.84
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.70	0.69	0.68	0.71	0.72	0.64	0.51	0.38	0.48	0.62	0.64
Accounts Receivable Turnover	169.56	183.71	204.76	348.02	122.11	133.77	420.36	82.04	52.24	95.50	114.95
Inventory Turnover	22.71	23.96	25.39	29.64	39.76	52.64	65.18	59.37	34.97	28.19	25.14
Fixed Asset Turnover	5.46	6.30	6.91	6.68	6.31	5.94	5.56	4.90	7.86	9.94	7.68
Accounts Payable Turnover	36.97	29.74	32.77	33.19	36.97	45.88	55.64	57.74	30.62	23.38	23.46
Days Sales Outstanding (DSO)	4.31	1.99	1.78	1.05	2.99	2.73	0.87	4.45	6.99	3.82	3.18
Days Inventory Outstanding (DIO)	32.14	15.23	14.38	12.32	9.18	6.93	5.60	6.15	10.44	12.95	14.52
Days Payable Outstanding (DPO)	19.75	12.27	11.14	11.00	9.87	7.96	6.56	6.32	11.92	15.61	15.56
Cash Conversion Cycle (CCC)	16.70	4.95	5.02	2.37	2.30	1.71	-0.09	4.28	5.51	1.16	2.13
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-306	-482	-667	-937	-979	781	1,576	310	310	249	139
Invested Capital Turnover	-9.71	-3.75	-3.13	-3.05	-3.23	-36.21	3.63	3.29	9.67	15.43	25.25
Increase / (Decrease) in Invested Capital	-99	-176	-185	-270	-42	1,760	795	-1,265	-0.82	-60	-111
Enterprise Value (EV)	2,137	4,689	8,874	12,602	10,221	16,983	12,881	-1,196	59,992	126,519	74,509
Market Capitalization	3,664	6,575	11,222	15,530	13,560	18,936	16,219	2,185	63,294	130,042	78,026
Book Value per Share	$7.74	$8.98	$10.68	$12.63	$14.91	$17.32	$30.99	$2.19	$2.12	$2.30	$2.22
Tangible Book Value per Share	$7.64	$8.89	$10.56	$12.37	$14.32	$16.74	$30.50	$2.15	$2.05	$2.22	$2.19
Total Capital	1,224	1,435	1,720	2,215	2,622	4,450	7,180	3,859	3,985	4,263	4,224
Total Debt	0.00	0.00	0.00	0.00	96	1,580	2,162	65	170	214	270
Total Long-Term Debt	0.00	0.00	0.00	0.00	96	1,196	1,648	65	15	14	14
Net Debt	-1,530	-1,917	-2,387	-3,152	-3,504	-2,089	-3,442	-3,469	-3,512	-3,796	-3,809
Capital Expenditures (CapEx)	54	63	103	204	252	285	384	145	142	249	242
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-578	-783	-1,042	-1,524	-1,732	-1,572	-1,430	-287	-933	-1,044	-1,513
Debt-free Net Working Capital (DFNWC)	624	951	1,124	1,191	1,460	1,661	3,617	2,764	2,319	2,588	2,154
Net Working Capital (NWC)	624	951	1,124	1,191	1,460	1,277	3,103	2,764	2,163	2,388	1,898
Net Nonoperating Expense (NNE)	-57	-54	-55	-78	-5.23	-66	-144	533	-86	-53	-64
Net Nonoperating Obligations (NNO)	-1,530	-1,917	-2,387	-3,152	-3,504	-2,089	-3,442	-3,483	-3,505	-3,800	-3,815
Total Depreciation and Amortization (D&A)	47	49	55	79	114	151	231	195	123	107	146
Debt-free, Cash-free Net Working Capital to Revenue	-92.66%	-52.96%	-57.92%	-62.26%	-55.92%	-43.93%	-33.44%	-9.24%	-31.13%	-24.21%	-30.87%
Debt-free Net Working Capital to Revenue	100.04%	64.34%	62.44%	48.66%	47.15%	46.42%	84.57%	89.01%	77.35%	60.00%	43.95%
Net Working Capital to Revenue	100.04%	64.34%	62.44%	48.66%	47.15%	35.69%	72.55%	89.01%	72.15%	55.36%	38.73%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.23	$1.43	$1.74	$1.87	$1.50	$2.61	$2.00	($0.70)	$0.11	$0.00	$0.23
Adjusted Weighted Average Basic Shares Outstanding	156.44M	156.78M	157.55M	158.17M	158.29M	158.43M	164.55M	1.70B	1.68B	1.65B	1.62B
Adjusted Diluted Earnings per Share	$1.23	$1.43	$1.74	$1.87	$1.50	$2.59	$2.00	($0.70)	$0.10	$0.00	$0.23
Adjusted Weighted Average Diluted Shares Outstanding	157.30M	157.39M	157.99M	158.56M	159.04M	159.54M	165.20M	1.70B	1.69B	1.67B	1.63B
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	156.49M	157.44M	157.69M	158.32M	157.85M	158.54M	169.01M	1.70B	1.64B	1.65B	1.58B
Normalized Net Operating Profit after Tax (NOPAT)	135	168	222	219	224	289	110	-688	149	273	355
Normalized NOPAT Margin	22.81%	11.34%	12.34%	8.96%	7.23%	8.08%	2.56%	-22.15%	4.98%	6.32%	7.25%
Pre Tax Income Margin	35.37%	18.08%	18.38%	14.59%	10.20%	13.63%	7.37%	-33.25%	10.29%	11.45%	10.95%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	139.85	88.20	32.67	-248.82	288.12	1,179.64	1,357.89
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	137.84	62.48	12.77	-169.82	211.25	914.73	1,001.44
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	-16.13	26.59	-24.22	-284.71	87.66	344.17	580.80
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	-18.13	0.87	-44.12	-205.71	10.79	79.26	224.35
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	27.81%	0.00%	23.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	26.13%
Augmented Payout Ratio	61.67%	29.48%	0.00%	54.10%	31.41%	3.77%	8.55%	0.00%	81.42%	45.33%	148.80%

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

Financials Breakdown Chart

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

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

According to the most recent income statement we have on file, New Oriental Education & Technology Group's fiscal year ends in May. Their fiscal year 2025 ended on May 31, 2025.

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 $375.83 million in 2025, rising from $192.72 million in 2015. The previous period was $325.22 million in 2024. Check out New Oriental Education & Technology Group's forecast to explore projected trends and price targets.

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

New Oriental Education & Technology Group's total operating income in 2025 was $428.25 million, based on the following breakdown:

Total Gross Profit: $2.72 billion
Total Operating Expenses: $2.29 billion

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

Over the last 10 years, New Oriental Education & Technology Group's total revenue changed from $1.25 billion in 2015 to $4.90 billion in 2025, a change of 293.0%.

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

New Oriental Education & Technology Group's total liabilities were at $3.85 billion at the end of 2025, a 10.6% increase from 2024, and a 429.3% increase since 2015.

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 $531.30 million in 2015 to $1.66 billion in 2023, and is currently $1.61 billion as of their latest financial filing in 2025.

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 7.74 in 2015 to 2.22 in 2025, a change of -71.3%.

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Financial statements for NYSE:EDU last updated on 11/14/2025 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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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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