InsiderClue
Stocks · Consumer discretionary · Services-Educational Services

New Oriental Education & Technology Group Inc.

EDU Clue Score65
Cayman Islands Fiscal year ends May CIK 0001372920
$58.63 +2.18% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $58.63 +2,517.41% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue1.80Operating income0.26Net income0.27EPS, diluted1.74Fiscal year 2018Revenue2.45 +36.0%Operating income0.26Net income0.30 +7.9%EPS, diluted1.87Fiscal year 2019Revenue3.10 +26.5%Operating income0.31Net income0.24 −19.6%EPS, diluted0.15Fiscal year 2020Revenue3.58 +15.6%Operating income0.40Net income0.41 +73.6%EPS, diluted0.26Fiscal year 2021Revenue4.28 +19.5%Operating income0.12Net income0.33 −19.1%EPS, diluted0.20Fiscal year 2022Revenue3.11 −27.4%Operating income−0.98Net income−1.19 −455.2%EPS, diluted−0.70Fiscal year 2023Revenue3.00 −3.5%Operating income0.19Net income0.18EPS, diluted0.10Fiscal year 2024Revenue4.31 +43.9%Operating income0.35Net income0.31 +74.6%EPS, diluted0.18Fiscal year 2025Revenue4.90 +13.6%Operating income0.43Net income0.37 +20.1%EPS, diluted0.23Fiscal year 2026Revenue5.66 +15.5%Operating income0.64Net income0.48 +27.8%EPS, diluted0.30
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 1.80 2.45 3.10 3.58 4.28 3.11 3.00 4.31 4.90 5.66
Growth +36.0% +26.5% +15.6% +19.5% −27.4% −3.5% +43.9% +13.6% +15.5%
Operating income 0.26 0.26 0.31 0.40 0.12 −0.98 0.19 0.35 0.43 0.64
Net income 0.27 0.30 0.24 0.41 0.33 −1.19 0.18 0.31 0.37 0.48
Growth +7.9% −19.6% +73.6% −19.1% −455.2% +74.6% +20.1% +27.8%
EPS, diluted 1.74 1.87 0.15 0.26 0.20 −0.70 0.10 0.18 0.23 0.30

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2017Operating margin14.6%Net margin15.3%Free cash flow margin28.7%Fiscal year 2018Operating margin10.7%Net margin12.1%Free cash flow margin23.2%Fiscal year 2019Operating margin9.9%Net margin7.7%Free cash flow margin17.3%Fiscal year 2020Operating margin11.1%Net margin11.5%Free cash flow margin13.8%Fiscal year 2021Operating margin2.7%Net margin7.8%Free cash flow margin16.4%Fiscal year 2022Operating margin−31.6%Net margin−38.2%Free cash flow margin−46.1%Fiscal year 2023Operating margin6.3%Net margin5.9%Free cash flow margin27.6%Fiscal year 2024Operating margin8.1%Net margin7.2%Free cash flow margin20.2%Fiscal year 2025Operating margin8.7%Net margin7.6%Free cash flow margin13.4%Fiscal year 2026Operating margin11.4%Net margin8.4%Free cash flow margin13.8%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating margin 14.6% 10.7% 9.9% 11.1% 2.7% −31.6% 6.3% 8.1% 8.7% 11.4%
Net margin 15.3% 12.1% 7.7% 11.5% 7.8% −38.2% 5.9% 7.2% 7.6% 8.4%
Free cash flow margin 28.7% 23.2% 17.3% 13.8% 16.4% −46.1% 27.6% 20.2% 13.4% 13.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow0.62Capital expenditure−0.11Free cash flow0.52Fiscal year 2018Operating cash flow0.78Capital expenditure−0.21Free cash flow0.57 +9.7%Dividends paid−0.07Fiscal year 2019Operating cash flow0.81Capital expenditure−0.27Free cash flow0.54 −5.4%Fiscal year 2020Operating cash flow0.80Capital expenditure−0.31Free cash flow0.49 −7.8%Fiscal year 2021Operating cash flow1.13Capital expenditure−0.43Free cash flow0.70 +41.6%Fiscal year 2022Operating cash flow−1.28Capital expenditure−0.15Free cash flow−1.43 −304.2%Fiscal year 2023Operating cash flow0.97Capital expenditure−0.14Free cash flow0.83Buybacks−0.19Fiscal year 2024Operating cash flow1.12Capital expenditure−0.25Free cash flow0.87 +5.5%Buybacks−0.06Fiscal year 2025Operating cash flow0.90Capital expenditure−0.24Free cash flow0.65 −25.0%Buybacks−0.45Dividends paid−0.10Fiscal year 2026Operating cash flow1.03Capital expenditure−0.25Free cash flow0.78 +19.2%Buybacks−0.23Dividends paid−0.10
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 0.62 0.78 0.81 0.80 1.13 −1.28 0.97 1.12 0.90 1.03
Capital expenditure −0.11 −0.21 −0.27 −0.31 −0.43 −0.15 −0.14 −0.25 −0.24 −0.25
Free cash flow 0.52 0.57 0.54 0.49 0.70 −1.43 0.83 0.87 0.65 0.78
Growth +9.7% −5.4% −7.8% +41.6% −304.2% +5.5% −25.0% +19.2%
Buybacks n/a n/a n/a n/a n/a n/a −0.19 −0.06 −0.45 −0.23
Dividends paid n/a −0.07 n/a n/a n/a n/a n/a n/a −0.10 −0.10

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash0.64Shareholders’ equity1.68Fiscal year 2018Cash0.98Shareholders’ equity1.99Fiscal year 2019Cash1.41Total debt0.10Net cash (debt)1.32Shareholders’ equity2.36Debt to equity0.04Fiscal year 2020Cash0.92Total debt0.12Net cash (debt)0.80Shareholders’ equity2.73Debt to equity0.04Fiscal year 2021Cash1.61Total debt0.00Net cash (debt)1.61Shareholders’ equity4.91Debt to equity0.00Fiscal year 2022Cash1.15Shareholders’ equity3.71Fiscal year 2023Cash1.66Shareholders’ equity3.60Fiscal year 2024Cash1.39Shareholders’ equity3.78Fiscal year 2025Cash1.61Shareholders’ equity3.66Fiscal year 2026Cash1.82Shareholders’ equity3.99
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 0.64 0.98 1.41 0.92 1.61 1.15 1.66 1.39 1.61 1.82
Total debt n/a n/a 0.10 0.12 0.00 n/a n/a n/a n/a n/a
Net cash (debt) n/a n/a 1.32 0.80 1.61 n/a n/a n/a n/a n/a
Shareholders’ equity 1.68 1.99 2.36 2.73 4.91 3.71 3.60 3.78 3.66 3.99
Debt to equity n/a n/a 0.04 0.04 0.00 n/a n/a n/a n/a n/a

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending May, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 May 2017 FY2018 31 May 2018 FY2019 31 May 2019 FY2020 31 May 2020 FY2021 31 May 2021 FY2022 31 May 2022 FY2023 31 May 2023 FY2024 31 May 2024 FY2025 31 May 2025 FY2026 31 May 2026
Margins
14.6% 10.7% 9.9% 11.1% 2.7% −31.6% 6.3% 8.1% 8.7% 11.4%
18.4% 14.6% 10.2% 13.6% 7.4% −33.3% 10.3% 11.4% 10.9% 12.9%
15.3% 12.1% 7.7% 11.5% 7.8% −38.2% 5.9% 7.2% 7.6% 8.4%
28.7% 23.2% 17.3% 13.8% 16.4% −46.1% 27.6% 20.2% 13.4% 13.8%
Spending
30.8% 32.5% 33.2% 32.0% 34.8% 60.1% 31.8% 29.0% 29.5% 28.2%
5.9% 8.8% 8.7% 8.6% 10.0% 4.9% 4.8% 5.8% 4.9% 4.4%
15.3% 16.6% 27.1% 27.5% 26.5% n/a 21.4% 22.2% 27.3% 26.8%
Returns
16.3% 14.9% 10.1% 15.1% 6.8% −32.1% 4.9% 8.2% 10.2% 11.9%
9.4% 7.4% 5.1% 6.3% 3.3% −19.7% 2.8% 4.1% 4.8% 5.4%
Balance and payout
n/a n/a 0.04 0.04 0.00 n/a n/a n/a n/a n/a
41.2% 44.3% 45.7% 56.2% 50.6% 37.1% 40.3% 46.2% 49.3% 50.8%
n/a 24.0% n/a n/a n/a n/a n/a n/a 26.4% 20.3%
n/a 12.6% n/a n/a n/a n/a 23.1% 7.2% 83.1% 41.9%