EDU
New Oriental Education & Technology
NYSE: EDU · CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES
$53.32
+0.00% today
Updated 2026-04-29
Market cap
$8.89B
P/E ratio
19.75
P/S ratio
1.65x
EPS (TTM)
$2.70
Dividend yield
2.25%
52W range
$41 – $65
Volume
0.8M
New Oriental Education & Technology (EDU) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $98.32M | $136.44M | $201.00M | $292.57M | $386.31M | $557.87M | $771.72M | $959.85M | $1.14B | $1.25B | $1.48B | $1.80B | $2.45B | $3.10B | $3.58B | $4.28B | $3.11B | $3.00B | $4.31B | $4.90B |
| Revenue growth (YoY) | — | +38.8% | +47.3% | +45.6% | +32.0% | +44.4% | +38.3% | +24.4% | +18.7% | +9.5% | +18.6% | +21.7% | +36.0% | +26.5% | +15.6% | +19.5% | -27.4% | -3.5% | +43.9% | +13.6% |
| Cost of revenue | $40.96M | $55.24M | $77.22M | $112.01M | $147.26M | $222.63M | $304.03M | $384.18M | $451.67M | $526.71M | $614.36M | $749.59M | $1.07B | $1.38B | $1.59B | $2.04B | $1.75B | $1.41B | $2.05B | $2.18B |
| Gross profit | $57.36M | $81.21M | $123.78M | $180.56M | $239.05M | $335.25M | $467.69M | $575.68M | $687.22M | $720.05M | $863.98M | $1.05B | $1.38B | $1.72B | $1.99B | $2.24B | $1.35B | $1.59B | $2.26B | $2.72B |
| Gross margin | 58.3% | 59.5% | 61.6% | 61.7% | 61.9% | 60.1% | 60.6% | 60.0% | 60.3% | 57.8% | 58.4% | 58.3% | 56.5% | 55.6% | 55.6% | 52.4% | 43.5% | 53.0% | 52.5% | 55.4% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $38.69M | $54.07M | $78.45M | $80.69M | $103.34M | $155.41M | $235.74M | $311.01M | $324.21M | $379.81M | $471.01M | $554.95M | $794.48M | $1.03B | $1.15B | $1.49B | $1.87B | $953.58M | $1.25B | $1.44B |
| Operating income | $7.93M | $207.62M | $45.34M | $60.92M | $77.31M | $95.50M | $116.80M | $122.56M | $153.53M | $151.42M | $198.84M | $262.15M | $262.96M | $305.53M | $399.00M | $117.27M | $-982.51M | $190.05M | $350.43M | $428.25M |
| Operating margin | 8.1% | 152.2% | 22.6% | 20.8% | 20.0% | 17.1% | 15.1% | 12.8% | 13.5% | 12.1% | 13.4% | 14.6% | 10.7% | 9.9% | 11.1% | 2.7% | -31.6% | 6.3% | 8.1% | 8.7% |
| EBITDA | $13.02M | $34.19M | $60.29M | $71.52M | $89.66M | $126.79M | $169.82M | $161.76M | $237.75M | $198.81M | $243.59M | $317.54M | $341.99M | $431.20M | $643.30M | $551.90M | $-834.22M | $312.75M | $457.25M | $595.37M |
| EBITDA margin | 13.2% | 25.1% | 30.0% | 24.4% | 23.2% | 22.7% | 22.0% | 16.9% | 20.9% | 15.9% | 16.5% | 17.6% | 14.0% | 13.9% | 18.0% | 12.9% | -26.9% | 10.4% | 10.6% | 12.1% |
| EBIT | $7.85M | $27.13M | $52.48M | $60.92M | $77.31M | $109.78M | $143.46M | $122.56M | $193.95M | $151.42M | $195.19M | $262.15M | $262.96M | $317.46M | $492.46M | $321.72M | $-1.03B | $190.05M | $350.43M | $488.55M |
| Interest expense | $1.26M | $384000.00 | $1.21M | $416000.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.61M | $4.63M | $6.75M | $4.05M | $707000.00 | $298000.00 | $311000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $6.16M | $29.63M | $49.01M | $61.02M | $77.79M | $101.77M | $132.69M | $136.27M | $215.70M | $190.90M | $224.88M | $274.46M | $296.13M | $238.06M | $413.33M | $334.41M | $-1.19B | $177.34M | $309.59M | $372.44M |
| Net income growth (YoY) | — | +381.2% | +65.4% | +24.5% | +27.5% | +30.8% | +30.4% | +2.7% | +58.3% | -11.5% | +17.8% | +22.0% | +7.9% | -19.6% | +73.6% | -19.1% | -455.2% | +114.9% | +74.6% | +20.3% |
| Profit margin | 6.3% | 21.7% | 24.4% | 20.9% | 20.1% | 18.2% | 17.2% | 14.2% | 18.9% | 15.3% | 15.2% | 15.3% | 12.1% | 7.7% | 11.5% | 7.8% | -38.2% | 5.9% | 7.2% | 7.6% |