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PDDPDD Holdings Inc.

Debt to Equity Ratio: 0.01

Is the debt to equity ratio high or low?

The debt to equity ratio of 0.01 is 88% below its 5-year average of 0.10, near the low end of its 5-year range (0.01–0.21).

As of Friday, June 26, 2026. 48.20% below its 12-month average of 0.02.

Debt to Equity

PDD Debt to Equity Ratio

0.01

Reported quarterly debt to equity ratio; no daily interpolation.

-93.50% 5Y
PDD Debt to Equity Ratio

PDD Average Debt to Equity Ratio Chart

PDD Debt to Equity Ratio

PDD Current vs Average Debt to Equity Ratio Chart

PDD Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.01

DEBT TO EQUITY RATIO AVG TTM

0.02

DEBT TO EQUITY RATIO AVG 3Y

0.03

DEBT TO EQUITY RATIO AVG 5Y

0.10

DEBT TO EQUITY RATIO AVG 10Y

N/A

DEBT TO EQUITY RATIO AVG 15Y

N/A

DEBT TO EQUITY RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-48.20%

CURRENT VS 3Y AVG

-62.60%

CURRENT VS 5Y AVG

-88.02%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

PDD Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
PDD Holdings Inc. (PDD)$104.33B0.010.020.030.10
Marriott International, Inc. (MAR)vs ›$99.91B-4.5313.7417.5912.81
Starbucks Corporation (SBUX)vs ›$117.57B-3.294.402.451.75
BYD Company Limited (BYDDY)vs ›$87.85B0.360.260.250.38
Royal Caribbean Cruises Ltd. (RCL)vs ›$86.53B2.262.504.514.10
Lowe's Companies, Inc. (LOW)vs ›$124.44B-4.5115.149.406.95
Airbnb, Inc. (ABNB)vs ›$84.21B0.250.260.300.42
MercadoLibre, Inc. (MELI)vs ›$82.09B1.691.631.991.93
Hilton Worldwide Holdings Inc. (HLT)vs ›$77.53B-2.918.214.824.11
Carvana Co. (CVNA)vs ›$72.62B0.182.4910.8611.25

Financial Health

Debt/Equity

0.01

Current Ratio

2.45

Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Equity Ratio FAQ

What is the debt to equity ratio for PDD Holdings Inc. (PDD)?
The debt to equity ratio for PDD stock is 0.01.
Is PDD Holdings Inc.'s debt to equity ratio high or low?
The debt to equity ratio of 0.01 is 88% below its 5-year average of 0.10, near the low end of its 5-year range (0.01–0.21).
What is the TTM average debt to equity ratio for PDD Holdings Inc. (PDD)?
The TTM average debt to equity ratio for PDD stock is 0.02.
What is the 3Y average debt to equity ratio for PDD Holdings Inc. (PDD)?
The 3Y average debt to equity ratio for PDD stock is 0.03.
What is the 5Y average debt to equity ratio for PDD Holdings Inc. (PDD)?
The 5Y average debt to equity ratio for PDD stock is 0.10.

PDD Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2026-03-310.01
2025-12-310.01
2025-09-300.03
2025-06-300.03
2025-03-310.03
2024-12-310.03
2024-09-300.04
2024-06-300.04
2024-03-310.04
2023-12-310.05
2023-09-300.12
2023-06-300.13
2023-03-310.13
2022-12-310.14
2022-09-300.16
2022-06-300.17
2022-03-310.19
2021-12-310.17
2021-09-300.18
2021-06-300.19
2021-03-310.21
2020-12-310.28
2020-09-300.31
2020-06-300.30
2020-03-310.37
2019-12-310.27
2019-09-300.21
2019-06-300.01
2019-03-310.01
2018-12-310.00
2018-09-300.00
2018-06-300.00
2018-03-310.00
2017-12-310.00
2017-09-300.00
2017-06-300.00
2017-03-310.00

About PDD Holdings Inc.

PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. It operates Pinduoduo platform which provides various product categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverages, consumer electronics, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness, and auto accessories; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.

Dublin
23,465 employees
Consumer Cyclical / Software - Services
Sector
Consumer Cyclical
Industry
Software - Services
CEO
Lei Chen