EDU Chart
About

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.

Fundamentals
Scroll to Statements
Sector Consumer Defensive Industry Education & Training Ser Market Cap 9.49B
Enterprise Value 86.62B Income 380.53M Sales 5.14B
Book/sh 24.45 Cash/sh 3.11 Dividend Yield 200.00%
Payout 25.00% Employees 76646 IPO —
P/E 25.07 Forward P/E 13.46 PEG —
P/S 1.85 P/B 2.33 P/C —
EV/EBITDA 120.52 EV/Sales 16.85 Quick Ratio 1.40
Current Ratio 1.57 Debt/Eq 18.55 LT Debt/Eq —
EPS (ttm) 2.27 EPS next Y 4.23 EPS Growth 45.90%
Revenue Growth 14.70% Earnings 2026-04-22 ROA 4.34%
ROE 9.89% ROIC — Gross Margin 55.33%
Oper. Margin 5.56% Profit Margin 7.40% Shs Outstand 159.15M
Shs Float 1.09B Short Float 3.01% Short Ratio 3.67
Short Interest — 52W High 64.97 52W Low 40.66
Beta 0.26 Avg Volume 948.51K Volume 1.20M
Target Price $67.85 Recom Buy Prev Close $60.11
Price $56.92 Change -5.31%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$67.85
Mean price target
2. Current target
$56.92
Latest analyst target
3. DCF / Fair value
$80.03
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$56.92
Low
$46.90
High
$80.00
Mean
$67.85

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-10-29 main JP Morgan Overweight → Overweight $68
2025-09-29 main B of A Securities Buy → Buy $58
2025-09-09 main Citigroup Buy → Buy $75
2025-08-06 down Goldman Sachs Buy → Neutral $50
2025-06-27 up Citigroup Neutral → Buy $50
2025-06-24 up JP Morgan Neutral → Overweight $62
2025-04-21 main JP Morgan Neutral → Neutral $48
2025-01-24 down Citigroup Buy → Neutral $50
2025-01-22 down Morgan Stanley Overweight → Equal-Weight $52
2025-01-22 down Macquarie Outperform → Underperform $44
2025-01-22 down JP Morgan Overweight → Neutral $50
2024-08-02 main Citigroup Buy → Buy $106
2024-04-25 main Citigroup Buy → Buy $127
2024-03-28 main Morgan Stanley Overweight → Overweight $95
2023-11-07 init Morgan Stanley — → Overweight $81
2022-10-27 up CLSA Outperform → Buy —
2022-07-29 up B of A Securities Neutral → Buy $37
2022-07-28 up Macquarie Neutral → Outperform —
2022-06-17 main Citigroup — → Buy $32
2022-06-13 up JP Morgan Neutral → Overweight $24
Insider Transactions

No recent insider transactions.

Financials
Line Item2025-05-312024-05-312023-05-312022-05-31
TaxEffectOfUnusualItems-20.50M-2.40M-1.74M-50.47M
TaxRateForCalcs0.270.220.210.25
NormalizedEBITDA757.75M611.76M440.09M-632.13M
TotalUnusualItems-75.17M-10.80M-8.15M-201.89M
TotalUnusualItemsExcludingGoodwill-75.17M-10.80M-8.15M-201.89M
NetIncomeFromContinuingOperationNetMinorityInterest371.72M309.59M177.34M-1.19B
ReconciledDepreciation145.89M106.82M122.70M194.43M
ReconciledCostOfRevenue2.18B2.05B1.41B1.75B
EBITDA682.58M600.96M431.94M-834.02M
EBIT536.70M494.14M309.24M-1.03B
NetInterestIncome119.29M153.29M113.75M119.49M
InterestExpense311.00K298.00K707.00K4.05M
InterestIncome119.61M153.59M114.45M123.54M
NormalizedIncome426.38M317.99M183.75M-1.04B
NetIncomeFromContinuingAndDiscontinuedOperation371.72M309.59M177.34M-1.19B
TotalExpenses4.41B3.96B2.81B4.09B
TotalOperatingIncomeAsReported428.25M350.43M190.05M-982.51M
DilutedAverageShares167.83M168.56M169.64M165.20M
BasicAverageShares167.83M167.83M169.64M164.55M
DilutedEPS1.801.00-7.002.00
BasicEPS1.901.10-7.002.00
DilutedNIAvailtoComStockholders371.72M309.59M177.34M-1.19B
NetIncomeCommonStockholders371.72M309.59M177.34M-1.19B
NetIncome371.72M309.59M177.34M-1.19B
MinorityInterests-4.12M-15.63M-58.02M32.55M
NetIncomeIncludingNoncontrollingInterests375.83M325.22M235.36M-1.22B
NetIncomeContinuousOperations375.83M325.22M235.36M-1.22B
EarningsFromEquityInterestNetOfTax-14.26M-58.93M-7.10M-51.47M
TaxProvision146.29M109.69M66.07M136.31M
PretaxIncome536.38M493.84M308.53M-1.03B
OtherIncomeExpense-71.46M-9.88M4.74M-169.48M
OtherNonOperatingIncomeExpenses3.71M922.00K12.89M32.41M
SpecialIncomeCharges-65.51M-30.01M-8.06M-208.96M
GainOnSaleOfBusiness0.000.00-79.61M0.00
WriteOff5.21M30.01M8.06M129.35M
ImpairmentOfCapitalAssets60.30M0.000.000.00
GainOnSaleOfSecurity-9.66M19.21M-93.00K7.07M
NetNonOperatingInterestIncomeExpense119.29M153.29M113.75M119.49M
InterestExpenseNonOperating311.00K298.00K707.00K4.05M
InterestIncomeNonOperating119.61M153.59M114.45M123.54M
OperatingIncome488.55M350.43M190.05M-982.51M
OperatingExpense2.23B1.91B1.40B2.33B
SellingGeneralAndAdministration2.23B1.91B1.40B2.33B
SellingAndMarketingExpense783.96M660.59M444.69M466.89M
GeneralAndAdministrativeExpense1.44B1.25B953.58M1.87B
OtherGandA1.44B1.25B953.58M1.87B
GrossProfit2.72B2.26B1.59B1.35B
CostOfRevenue2.18B2.05B1.41B1.75B
TotalRevenue4.90B4.31B3.00B3.11B
OperatingRevenue4.90B4.31B3.00B3.11B
Line Item2025-05-312024-05-312023-05-312022-05-31
OrdinarySharesNumber1.58B1.65B1.64B1.70B
ShareIssued1.58B1.65B1.64B1.70B
TotalDebt803.78M662.33M458.60M680.41M
TangibleBookValue3.55B3.65B3.47B3.63B
InvestedCapital3.68B3.79B3.62B3.77B
WorkingCapital1.90B2.39B2.16B2.76B
NetTangibleAssets3.55B3.65B3.47B3.63B
CapitalLeaseObligations789.37M647.93M443.94M615.02M
CommonStockEquity3.66B3.78B3.60B3.71B
TotalCapitalization3.68B3.79B3.62B3.77B
TotalEquityGrossMinorityInterest3.95B4.05B3.81B3.79B
MinorityInterest291.86M273.08M210.44M88.02M
StockholdersEquity3.66B3.78B3.60B3.71B
GainsLossesNotAffectingRetainedEarnings422.30M389.97M437.26M576.83M
OtherEquityAdjustments422.30M389.97M437.26M576.83M
TreasuryStock122.00K55.00K59.00K0.00
RetainedEarnings1.77B1.51B1.23B1.07B
AdditionalPaidInCapital1.47B1.87B1.94B2.06B
CapitalStock1.70M1.70M1.70M1.70M
CommonStock1.70M1.70M1.70M1.70M
TotalLiabilitiesNetMinorityInterest3.85B3.48B2.58B2.24B
TotalNonCurrentLiabilitiesNetMinorityInterest561.95M481.80M326.69M531.03M
NonCurrentDeferredLiabilities14.17M19.41M23.85M19.24M
NonCurrentDeferredTaxesLiabilities14.17M19.41M23.85M19.24M
LongTermDebtAndCapitalLeaseObligation547.78M462.40M302.84M511.79M
LongTermCapitalLeaseObligation533.38M447.99M288.19M446.39M
LongTermDebt14.40M14.40M14.65M65.39M
CurrentLiabilities3.29B3.00B2.25B1.71B
OtherCurrentLiabilities216.27M193.18M163.40M133.38M
CurrentDeferredLiabilities1.96B1.79B1.36B955.54M
CurrentDeferredRevenue1.96B1.79B1.36B955.54M
CurrentDebtAndCapitalLeaseObligation256.00M199.93M155.75M168.62M
CurrentCapitalLeaseObligation256.00M199.93M155.75M168.62M
PayablesAndAccruedExpenses855.14M819.68M574.87M452.57M
CurrentAccruedExpenses448.10M412.67M309.71M260.11M
Payables407.04M407.01M265.16M192.46M
OtherPayable136.32M139.66M59.61M80.49M
DuetoRelatedPartiesCurrent405.00K551.00K346.00K226.00K
TotalTaxPayable189.82M161.11M135.44M89.45M
IncomeTaxPayable167.88M139.82M118.05M75.65M
AccountsPayable80.48M105.68M69.76M22.29M
TotalAssets7.81B7.53B6.39B6.03B
TotalNonCurrentAssets2.62B2.14B1.98B1.56B
OtherNonCurrentAssets41.50M210.65M98.78M54.95M
NonCurrentPrepaidAssets48.81M38.16M26.49M33.41M
NonCurrentDeferredAssets97.93M72.73M55.93M20.04M
NonCurrentDeferredTaxesAssets97.93M72.73M55.93M20.04M
DuefromRelatedPartiesNonCurrent12.46M7.27M1.74M3.37M
NonCurrentAccountsReceivable12.46M7.27M1.74M3.37M
InvestmentsAndAdvances744.15M525.01M862.32M437.92M
OtherInvestments388.48M355.81M
InvestmentinFinancialAssets355.67M169.20M666.75M233.87M
AvailableForSaleSecurities355.67M169.20M666.75M233.87M
LongTermEquityInvestment171.35M195.57M204.05M201.84M
InvestmentsinSubsidiariesatCost171.35M195.57M204.05M
GoodwillAndOtherIntangibleAssets111.75M127.08M134.01M77.23M
OtherIntangibleAssets67.92M23.12M28.50M6.43M
Goodwill43.83M103.96M105.51M70.80M
NetPPE1.56B1.16B799.29M933.79M
AccumulatedDepreciation-573.96M-467.68M-401.70M-388.83M
GrossPPE2.14B1.63B1.20B1.32B
Leases490.48M347.42M293.24M341.02M
ConstructionInProgress26.85M24.29M48.22M37.61M
OtherProperties808.27M670.70M449.11M515.82M
MachineryFurnitureEquipment415.25M316.20M254.42M261.94M
BuildingsAndImprovements394.29M270.97M156.02M166.24M
Properties0.000.000.000.00
CurrentAssets5.19B5.39B4.41B4.47B
OtherCurrentAssets11.86M12.48M11.12M12.44M
RestrictedCash180.72M177.41M110.89M0.00
PrepaidAssets146.34M137.23M105.81M117.16M
Inventory80.88M92.81M52.69M27.93M
Receivables189.90M193.85M136.77M125.47M
OtherReceivables92.41M103.10M64.27M40.16M
DuefromRelatedPartiesCurrent6.57M4.40M9.38M23.25M
TaxesReceivable31.01M25.16M21.89M12.17M
AccruedInterestReceivable26.28M31.50M8.15M33.46M
AccountsReceivable33.63M29.69M33.07M16.43M
AllowanceForDoubtfulAccountsReceivable-1.58M-1.03M-1.60M-1.21M
GrossAccountsReceivable35.21M30.72M34.67M17.64M
CashCashEquivalentsAndShortTermInvestments4.58B4.78B4.00B4.19B
OtherShortTermInvestments2.97B3.39B2.33B3.04B
CashAndCashEquivalents1.61B1.39B1.66B1.15B
Line Item2025-05-312024-05-312023-05-312022-05-31
FreeCashFlow637.38M839.25M827.96M-1.43B
RepurchaseOfCapitalStock-445.50M-62.94M-191.63M0.00
RepaymentOfDebt0.00-240.00K-48.76M-222.00M
IssuanceOfDebt0.000.00297.08M
IssuanceOfCapitalStock0.000.001.51B
CapitalExpenditure-259.21M-283.39M-143.04M-150.74M
InterestPaidSupplementalData311.00K355.00K798.00K5.05M
IncomeTaxPaidSupplementalData147.55M109.15M55.20M53.05M
EndCashPosition1.82B1.59B1.81B1.19B
BeginningCashPosition1.59B1.81B1.19B1.63B
EffectOfExchangeRateChanges9.84M-24.61M-75.83M-94.82M
ChangesInCash218.19M-191.72M686.73M-342.78M
FinancingCashFlow-584.97M-160.44M-246.87M-230.86M
CashFlowFromContinuingFinancingActivities-584.97M-160.44M-246.87M-230.86M
NetOtherFinancingCharges-54.23M-101.19M-19.35M-9.04M
ProceedsFromStockOptionExercised12.95M3.93M12.88M175.00K
CashDividendsPaid-98.20M0.000.00
CommonStockDividendPaid-98.20M0.000.00
NetCommonStockIssuance-445.50M-62.94M-191.63M0.00
CommonStockPayments-445.50M-62.94M-191.63M0.00
CommonStockIssuance0.000.001.51B
NetIssuancePaymentsOfDebt0.00-240.00K-48.76M-222.00M
NetShortTermDebtIssuance0.000.00177.08M
ShortTermDebtPayments0.000.00-120.00M
ShortTermDebtIssuance0.000.00297.08M
NetLongTermDebtIssuance0.00-240.00K-48.76M-222.00M
LongTermDebtPayments0.00-240.00K-48.76M-222.00M
LongTermDebtIssuance0.00297.08M
InvestingCashFlow-93.43M-1.15B-37.41M1.17B
CashFlowFromContinuingInvestingActivities-93.43M-1.15B-37.41M1.17B
NetOtherInvestingChanges-6.37M-1.39M-2.39M-34.72M
NetInvestmentPurchaseAndSale182.42M-869.57M103.70M1.38B
SaleOfInvestment4.51B2.82B3.43B2.36B
PurchaseOfInvestment-4.33B-3.69B-3.33B-983.55M
NetBusinessPurchaseAndSale-10.53M0.00886.00K-33.91M
SaleOfBusiness4.62M0.00886.00K0.00
PurchaseOfBusiness-15.15M0.000.00-33.91M
NetIntangiblesPurchaseAndSale-17.27M-33.99M2.11M4.99M
SaleOfIntangibles0.000.002.11M4.99M
PurchaseOfIntangibles-17.27M-33.99M0.000.00
NetPPEPurchaseAndSale-241.68M-248.97M-141.72M-145.35M
SaleOfPPE261.00K423.00K1.32M5.39M
PurchaseOfPPE-241.94M-249.39M-143.04M-150.74M
OperatingCashFlow896.59M1.12B971.01M-1.28B
CashFlowFromContinuingOperatingActivities896.59M1.12B971.01M-1.28B
ChangeInWorkingCapital250.71M518.87M537.88M-1.15B
ChangeInOtherWorkingCapital163.82M468.20M469.34M-925.05M
ChangeInOtherCurrentLiabilities139.50M212.76M-136.91M-1.21B
ChangeInOtherCurrentAssets-138.01M-223.10M60.47M1.27B
ChangeInPayablesAndAccruedExpense69.00M219.76M169.23M-325.06M
ChangeInAccruedExpense57.45M160.04M83.39M-315.83M
ChangeInPayable11.55M59.73M85.84M-9.23M
ChangeInAccountPayable-23.00M37.79M44.05M-15.12M
ChangeInTaxPayable34.70M21.72M41.65M2.18M
ChangeInIncomeTaxPayable34.70M21.72M41.65M2.18M
ChangeInPrepaidAssets21.81M-120.82M-12.74M65.15M
ChangeInInventory12.43M-41.21M-21.90M1.82M
ChangeInReceivables-17.85M3.29M10.37M-31.03M
ChangesInAccountReceivables-16.95M3.34M-3.87M-8.11M
OtherNonCashItems221.00K465.00K548.00K
StockBasedCompensation59.93M122.46M89.79M132.97M
UnrealizedGainLossOnInvestmentSecurities10.08M-19.02M860.00K14.93M
ProvisionandWriteOffofAssets641.00K-612.00K747.00K-81.00K
AssetImpairmentCharge65.51M30.01M8.06M565.01M
DeferredTax-29.32M-21.23M-31.53M89.56M
DeferredIncomeTax-29.32M-21.23M-31.53M89.56M
DepreciationAmortizationDepletion145.89M106.82M122.70M194.43M
DepreciationAndAmortization145.89M106.82M122.70M194.43M
AmortizationCashFlow6.08M6.17M5.67M2.14M
AmortizationOfIntangibles6.08M6.17M5.67M2.14M
Depreciation139.81M100.65M117.04M192.29M
OperatingGainsLosses17.31M60.13M6.92M96.49M
EarningsLossesFromEquityInvestments14.32M60.32M7.10M51.47M
GainLossOnInvestmentSecurities-422.00K-185.00K-22.00M-3.54M
GainLossOnSaleOfPPE2.37M0.002.17M0.00
GainLossOnSaleOfBusiness1.05M0.000.0079.61M
NetIncomeFromContinuingOperations375.83M325.22M235.36M-1.22B
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for EDU
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