New Oriental Education & Technology Group Inc. (EDU)

New Oriental Education & Technology Group Inc. engages in the provision of private educational services under the New Oriental brand in the People's Republic of China. The company operates through four segments: Educational Services and Test Preparation Courses; Private Label Products and Livestreaming E-Commerce; Overseas Study Consulting Services; and Educational Materials and Distribution. The company offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the Commonwealth countries, and the People's Republic of China. It also provides non-academic tutoring courses; intelligent learning systems and devices to offer a digital learning experience for students; and overseas studies consulting services. In addition, the company offers online education services through the Koolearn.com platform. Further, it develops and edits educational materials for language training and test preparation. In addition, the company offers educational programs, services, and products to students through schools; learning centers; and bookstores, as well as through its online learning platforms. New Oriental Education & Technology Group Inc. was founded in 1993 and is headquartered in Beijing, the People's Republic of China.

Symbol
EDU
Exchange
NYSE
Sector
Consumer Defensive
Industry
Education & Training Services
Market cap
$8.69B
52 week range
44.25 - 64.97

Valuation

Share price
$56.08 (close of 2026-09-23)
P/E (TTM)
18.63x
Price to book
2.01x
Price to free cash flow
11.13x
Enterprise value
$7.71B
Book value per share
$27.92

Price performance

PeriodChange
1 day+1.70%
5 days-0.32%
1 month+0.50%
3 months+24.51%
6 months+1.89%
Year to date+1.91%
1 year+10.22%
3 years+1.47%
5 years+186.12%
10 years+18.54%
All time+749.70%

Profitability and growth

Return on equity
10.99%
Return on invested capital
13.34%
Return on assets
5.40%
Return on capital employed
13.12%
Gross margin
54.64%
Net margin
8.39%
EBITDA margin
14.52%
Revenue growth
15.53%
Net income growth
27.83%
Free cash flow growth
19.18%

Cash flow and balance sheet

Free cash flow yield (TTM)
8.98%
Current ratio
1.50x
Net debt to EBITDA
-1.07x

Latest reported year

Period end
2026-05-31
Fiscal year
2026
Revenue
$5.66B
Cost of revenue
$2.57B
Gross profit
$3.09B
EBITDA
$821.98M
Net income
$475.17M
Earnings per share
$3.01
Interest expense
$28.00K
Shares outstanding
157.85M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-05-31$5.66B$3.09B$475.17M$3.01
2025-05-31$4.90B$2.72B$371.72M$2.29
2024-05-31$4.31B$2.26B$309.59M$1.87
2023-05-31$3.00B$1.59B$177.34M$1.06
2022-05-31$3.11B$1.35B$-1.19B$-7.00
2021-05-31$4.28B$2.24B$334.41M$2.03
2020-05-31$3.58B$1.99B$413.33M$2.61
2019-05-31$3.10B$1.72B$238.06M$150.39
2018-05-31$2.45B$1.38B$296.13M$187.22
2017-05-31$1.80B$1.05B$274.46M$174.20

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-05-3154.64%8.39%10.99%13.34%
2025-05-3155.45%7.59%9.40%8.96%
2024-05-3152.45%7.18%7.65%7.25%
2023-05-3152.98%5.92%4.65%4.75%
2022-05-3143.51%-38.25%-31.31%-30.14%
2021-05-3152.37%7.82%6.66%1.11%
2020-05-3155.60%11.55%14.40%7.49%
2019-05-3155.55%7.69%9.43%18.21%
2018-05-3156.45%12.10%14.75%19.86%
2017-05-3158.34%15.25%15.96%19.60%

Cash and debt by year

Period endCashDebt
2026-05-31$1.82B-
2025-05-31$1.61B-
2024-05-31$1.39B-
2023-05-31$1.66B-
2022-05-31$1.15B-
2021-05-31$1.61B-
2020-05-31$915.06M$117.88M
2019-05-31$1.41B$96.46M
2018-05-31$983.32M-
2017-05-31$641.02M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-05-31$780.21M$88.47M
2025-05-31$654.65M$59.93M
2024-05-31$873.25M$122.46M
2023-05-31$827.96M$89.79M
2022-05-31$-1.43B$132.97M
2021-05-31$700.89M$68.88M
2020-05-31$494.91M$62.06M
2019-05-31$536.51M$71.34M
2018-05-31$566.87M$57.44M
2017-05-31$516.96M$20.29M

Dividend history

Most recent payment
2026-05-15
Paid in the last twelve months
$0.60
Payment dateDividend per share
2026-05-15$0.60
2024-09-09$0.60
2017-09-01$0.45
2015-09-02$0.40
2013-09-04$0.35
2012-08-29$0.30

Investor relations

Next earnings report

Next confirmed report
2026-10-27
Consensus EPS estimate
$1.73

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-29May/2026$0.43
2026-04-22--
2026-01-28--
2025-10-28--
2025-07-30--
2025-04-23--
2025-01-22--
2025-01-21--

Filings and sources

Company website
neworiental.org
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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