Full Truck Alliance Co. Ltd. (YMM)

Full Truck Alliance Co. Ltd., together with its subsidiaries, operates a digital freight platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types in the People's Republic of China and Hong Kong. The company offers freight matching services, such as freight listing and brokerage services; and transaction services, as well as various value-added services, such as credit solutions, insurance brokerage, software solutions, electronic toll collection, Intelligent Driving Related Services, and energy services. It also provides technology development and other services. Full Truck Alliance Co. Ltd. was founded in 2011 and is based in Guiyang, China.

Symbol
YMM
Exchange
NYSE
Sector
Technology
Industry
Software - Application
52 week range
7.45 - 14.07

Valuation

Share price
$8.45 (close of 2026-09-22)
P/E (TTM)
10.78x
Price to book
1.16x
Price to free cash flow
10.49x

Price performance

PeriodChange
1 day+3.05%
5 days+4.84%
1 month-3.65%
3 months+7.10%
6 months+1.81%
Year to date-21.25%
1 year-37.36%
3 years+19.86%
5 years-49.25%
All time-59.76%

Profitability and growth

Return on equity
11.00%
Return on invested capital
13.72%
Return on assets
10.06%
Return on capital employed
10.00%
Gross margin
63.02%
Net margin
35.70%
EBITDA margin
34.00%
Revenue growth
11.13%
Net income growth
42.76%
Free cash flow growth
55.33%

Cash flow and balance sheet

Free cash flow yield (TTM)
9.53%
Current ratio
8.09x
Net debt to EBITDA
-4.02x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Shares outstanding
833.57M

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3163.02%35.70%11.00%13.72%
2024-12-3154.62%27.79%8.29%13.19%
2023-12-3151.17%26.40%6.25%5.11%
2022-12-3147.81%6.12%1.22%-2.16%
2021-12-3145.46%-78.47%-11.59%-67.56%
2020-12-3149.01%-134.47%40.91%-
2019-12-3143.80%-61.61%21.49%-

Investor relations

Next earnings report

Next confirmed report
2026-11-16

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-19Jun/2026-
2026-05-21--
2026-03-12--
2025-11-17--
2025-08-21--
2025-05-21--
2025-03-05--
2024-11-20--

Filings and sources

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

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Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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