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JD.com is the third-largest Chinese e-commerce platform by GMV in 2024. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.
2006
570.9K+
LTM Revenue $170B
LTM EBITDA $6.2B
$31.3B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
JD.com has a last 12-month revenue (LTM) of $170B and a last 12-month EBITDA of $6.2B.
In the most recent fiscal year, JD.com achieved revenue of $148B and an EBITDA of $8.1B.
JD.com expects next 12-month revenue of XXX and NTM EBITDA of XXX
See JD.com valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $170B | XXX | $148B | XXX | XXX | XXX |
| Gross Profit | $26.9B | XXX | $23.4B | XXX | XXX | XXX |
| Gross Margin | 16% | XXX | 16% | XXX | XXX | XXX |
| EBITDA | $6.2B | XXX | $8.1B | XXX | XXX | XXX |
| EBITDA Margin | 4% | XXX | 5% | XXX | XXX | XXX |
| EBIT | $4.4B | XXX | $5.0B | XXX | XXX | XXX |
| EBIT Margin | 3% | XXX | 3% | XXX | XXX | XXX |
| Net Profit | $5.6B | XXX | $5.3B | XXX | XXX | XXX |
| Net Margin | 3% | XXX | 4% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
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As of July 16, 2025, JD.com's stock price is HKD 126 (or $16).
JD.com has current market cap of HKD 363B (or $46.2B), and EV of HKD 246B (or $31.3B).
See JD.com trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $31.3B | $46.2B | XXX | XXX | XXX | XXX | $1.82 |
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Start Free TrialAs of July 16, 2025, JD.com has market cap of $46.2B and EV of $31.3B.
JD.com's trades at 0.2x EV/Revenue multiple, and 3.9x EV/EBITDA.
Equity research analysts estimate JD.com's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
JD.com has a P/E ratio of 8.2x.
See valuation multiples for JD.com and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $46.2B | XXX | $46.2B | XXX | XXX | XXX |
| EV (current) | $31.3B | XXX | $31.3B | XXX | XXX | XXX |
| EV/Revenue | 0.2x | XXX | 0.2x | XXX | XXX | XXX |
| EV/EBITDA | 5.0x | XXX | 3.9x | XXX | XXX | XXX |
| EV/EBIT | 7.1x | XXX | 6.2x | XXX | XXX | XXX |
| EV/Gross Profit | 1.2x | XXX | n/a | XXX | XXX | XXX |
| P/E | 8.2x | XXX | 8.8x | XXX | XXX | XXX |
| EV/FCF | 5.5x | XXX | 5.5x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialJD.com's last 12 month revenue growth is 9%
JD.com's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $32K for the same period.
JD.com's rule of 40 is 13% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
JD.com's rule of X is 27% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for JD.com and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 9% | XXX | 14% | XXX | XXX | XXX |
| EBITDA Margin | 4% | XXX | 5% | XXX | XXX | XXX |
| EBITDA Growth | 6% | XXX | 1% | XXX | XXX | XXX |
| Rule of 40 | 13% | XXX | 15% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 27% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $32K | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 4% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 12% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Brillia Inc | XXX | XXX | XXX | XXX | XXX | XXX |
| Adore Beauty | XXX | XXX | XXX | XXX | XXX | XXX |
| Kogan.com | XXX | XXX | XXX | XXX | XXX | XXX |
| Temple & Webster | XXX | XXX | XXX | XXX | XXX | XXX |
| BIKE24 | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
JD.com acquired XXX companies to date.
Last acquisition by JD.com was XXXXXXXX, XXXXX XXXXX XXXXXX . JD.com acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was JD.com founded? | JD.com was founded in 2006. |
| Where is JD.com headquartered? | JD.com is headquartered in Hong Kong. |
| How many employees does JD.com have? | As of today, JD.com has 570.9K+ employees. |
| Who is the CEO of JD.com? | JD.com's CEO is Ms. Sandy Ran Xu. |
| Is JD.com publicy listed? | Yes, JD.com is a public company listed on HKG. |
| What is the stock symbol of JD.com? | JD.com trades under 09618 ticker. |
| When did JD.com go public? | JD.com went public in 2020. |
| Who are competitors of JD.com? | Similar companies to JD.com include e.g. Brillia Inc, Adore Beauty, Kogan.com, Temple & Webster. |
| What is the current market cap of JD.com? | JD.com's current market cap is $46.2B |
| What is the current revenue of JD.com? | JD.com's last 12 months revenue is $170B. |
| What is the current revenue growth of JD.com? | JD.com revenue growth (NTM/LTM) is 9%. |
| What is the current EV/Revenue multiple of JD.com? | Current revenue multiple of JD.com is 0.2x. |
| Is JD.com profitable? | Yes, JD.com is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of JD.com? | JD.com's last 12 months EBITDA is $6.2B. |
| What is JD.com's EBITDA margin? | JD.com's last 12 months EBITDA margin is 4%. |
| What is the current EV/EBITDA multiple of JD.com? | Current EBITDA multiple of JD.com is 5.0x. |
| What is the current FCF of JD.com? | JD.com's last 12 months FCF is $5.7B. |
| What is JD.com's FCF margin? | JD.com's last 12 months FCF margin is 3%. |
| What is the current EV/FCF multiple of JD.com? | Current FCF multiple of JD.com is 5.5x. |
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