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NYSE · Consumer Discretionary

New Oriental Education & Technology Group Inc. (EDU)

As-reported financials and SEC filings for New Oriental Education & Technology Group Inc. The latest annual period is FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About New Oriental Education & Technology Group Inc.

New Oriental Education & Technology Group Inc. provides a wide range of educational programs, services, and products across China. It operates a network of 77 schools, 1,241 learning centers, and bookstores in 70 cities, delivering courses both in physical classrooms and through online platforms like Koolearn.com. The company serves students at various educational levels and also engages in the sale of private label products and livestreaming e-commerce through its subsidiary East Buy.

Snapshot

Revenue
$4.90B
Revenue growth (YoY)
13.6%
Net income
$371.7M
Diluted EPS
Gross margin
55.4%
Operating margin
8.7%
Net margin
7.6%
FCF margin
13.4%
ROE
9.4%
net income / fiscal-year-end equity
P/E
19.0×
trailing when available, otherwise FY EPS
Market cap
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended May 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at New Oriental Education & Technology Group

  • Revenue grew 13.6% to $4.9B in FY2025, slower than the 43.9% the year before.
  • Operating margin is 8.7% in FY2025, +6.0 pp against 2.7% in FY2021.
  • Free cash flow was $655M in FY2025, 13.4% of revenue.
  • Net income rose 20.1% to $372M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where New Oriental Education & Technology Group’s fundamentals sit among the 403 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin55.4%
82nd percentile of 275
Operating margin8.7%
70th percentile of 348
Net margin7.6%
75th percentile of 377
FCF margin13.4%
88th percentile of 351
Revenue growth (YoY)+13.6%
83rd percentile of 394
ROE9.4%
56th percentile of 343
P/E19.0×
50th percentile of 249
Short interest3.89d
50th percentile of 401

New Oriental Education & Technology Group’s FCF margin of 13.4% ranks in the 88th percentile of the 351 Consumer Discretionary companies reporting it.

No reported insider purchases (code P) in the last 90 days; 6 insider sales totaling $4.1M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
3
1 new, 2 added
Reduced / exited
4
4 trimmed, 0 exited
Combined position
$223.7M
reported long value
InvestorAs ofPosition valueSharesChange
Renaissance TechnologiesquantQ2 2026$131.2M2.9MReduced
Citadel AdvisorsquantQ2 2026$36.1M786.4KAdded
Point72 Asset ManagementquantQ2 2026$31.9M695.0KReduced
Southeastern Asset ManagementQ2 2026$18.9M411.6KReduced
Millennium ManagementquantQ2 2026$3.1M68.5KReduced
Two Sigma InvestmentsquantQ2 2026$1.9M40.5KAdded
AQR Capital ManagementquantQ2 2026$587,70412.8KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
6
$4.1M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-10
filed 2026-08-11
Zhou ChenggangDirectorSell56.9K$56.83$3.2M
2026-08-07
filed 2026-08-11
Zhou ChenggangDirectorSell13.1K$56.32$735K
2026-08-03
Zhuge YueDirectorSell1.2K$59.41$71K
2026-08-03
Zhuge YueDirectorSell400$60.00$24K
2026-07-31
filed 2026-08-03
Zhuge YueDirectorSell400$59.00$24K
2026-07-31
filed 2026-08-03
Zhuge YueDirectorSell170$58.96$10K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.2M
settled 2026-08-14
Change vs prior
-21.9%
vs previous settlement
Days to cover
3.89
at avg daily volume
Avg daily volume
820.1K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-143.2M-21.9%3.89
2026-07-314.1M+13.9%4.16
2026-07-153.6M-4.1%5.06
2026-06-303.7M+44.9%8.52
2026-06-152.6M-30.5%5.57
2026-05-293.7M+7.2%5.24
2026-05-153.5M+0.3%4.98
2026-04-303.5M+32.5%3.71

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$4.90B$4.31B$3.00B$3.11B$4.28B
Gross profit$2.72B$2.26B$1.59B$1.35B$2.24B
Operating income$428.3M$350.4M$190.0M$-982.5M$117.3M
Net income$371.7M$309.6M$177.3M$-1.19B$334.4M
Diluted EPS

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$1.61B$1.39B$1.66B$1.15B$1.61B
Current assets$5.19B$5.39B$4.41B$4.47B$6.57B
Total assets$7.81B$7.53B$6.39B$6.03B$10.15B
Current liabilities$3.29B$3.00B$2.25B$1.71B$3.47B
Long-term debt$0
Total liabilities$3.85B$3.48B$2.58B$2.24B$5.13B
Total equity$3.95B$4.05B$3.81B$3.79B$5.02B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$896.6M$1.12B$971.0M$-1.28B$1.13B
Capital expenditure$241.9M$249.4M$143.0M$150.7M$429.2M
Free cash flow$654.7M$873.3M$828.0M$-1.43B$700.9M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Company facts

ExchangeNYSE
SectorConsumer Discretionary
SIC industryServices-Educational Services
Latest annual periodFY2025 (ended May 31, 2025)
Oldest indexed filing2006
SEC CIK1372920

Selected SEC filings

20-F2025-09-25
View on EDGAR →
6-K2026-07-29
View on EDGAR →
6-K2026-07-07
View on EDGAR →
6-K2026-04-22
View on EDGAR →
6-K2026-04-10
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.