# JD share price today (JD.com, Inc., JD)

> JD.com, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. JD · Consumer Discretionary · Internet Retail · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/jd

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: $26.91 (−18.6% in a year)
- P/E: 18.6×, against its own history
- Revenue (Jun 2026): CNY 346 B (−2.9% on a year ago)
- Profit (Jun 2026): CNY 8.7 B (+29.5% on a year ago)
- Operating margin: 1.2% (+1.5 points on a year ago)
- ROE: 8%, FY25
- ROIC: 1.1%, against a 4.9% cost of capital: −3.8 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the JD share price today? JD.com, Inc.'s share price was $26.91 at the close on 3 November 2026. It has been falling for 11 weeks. That is 5.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between $25 and $33, and at that close it sat 20% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 13 weeks running. Over the last 10 years the share price moved +30% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 7 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does JD pay? JD.com, Inc. declared CNY 6.99 per local share for Dec 2025. It reports in Chinese yuan, and one US-listed share can stand for several local shares, so we do not set this against the dollar price or show a yield. ## Which stock lists is JD on? JD is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is JD profitable? JD.com, Inc. earned CNY 8.7 B of net profit in the Jun 2026 quarter, +29.5% on the same quarter a year earlier. Full-year FY25 profit was CNY 23.1 B. That is 2.5% of the quarter's revenue. The same quarter a year earlier earned CNY 6.7 B. 1 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was CNY 23.1 B (−48.2% on the year before). Why profit moved: revenue changed −2.9% on a year earlier and the margin moved +1.5 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −45.1% and revenue +4.6%. Profit is growing slower than sales: rising costs are taking part of the growth. This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## How much revenue does JD make, and is it growing? JD.com, Inc. reported CNY 346 B of revenue in the Jun 2026 quarter, −2.9% on the same quarter a year earlier. Over 4 years it has grown 8.3% a year on average. The last full year, FY25, came in at CNY 1,309 B. The last four reported quarters add to CNY 1,313 B. FY25 revenue was CNY 1,309 B, +13.0% on the year before. Recent pace: the last four quarters grew +4.6% on average, against 8.3% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +3.8%, against +9.0% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −52.8%, against −20.5% a year (rolling over). This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## How much of its sales does JD keep? JD.com, Inc.'s operating margin was 1.2% in the Jun 2026 quarter, 1.5 percentage points higher than the same quarter a year ago. Across 5 years it has been between 0.3% and 3.4%. The latest quarter is within that range. Why the margin moved: operating margin changed +1.5 percentage points on the year while gross margin changed +0.4 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is JD's profit turning into cash? Over the last 3 years, 150% of JD.com, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in CNY 19.0 B of operating cash against CNY 23.1 B of profit. After CNY 17.4 B of spending on assets, CNY 1.6 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## Where does JD's cash go? JD.com, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent CNY 55.4 B on assets over the last 3 years. Averaged over those years that is 1.4% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: CNY 55.4 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## What is JD's P/E ratio, and how does it compare with its own history? JD.com, Inc.'s P/E is 18.6×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the JD business getting better or worse? JD.com, Inc.'s business is giving mixed signals. There is no clear direction across the growth lines, with ROCE falling at 0.6%; each line tells part of the story. This is based on 12 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does JD earn on its capital? JD.com, Inc. earned a ROE of 8% in FY25. That is up from a low of −2% in FY21. Its return on capital used (ROIC) is 3.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 1.8% net margin and 1.88× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 1.8% net margin × 1.88× asset turnover × 2.37× leverage (assets divided by equity) ≈ 8.0% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 1.1% − 4.9% = −3.8 percentage points. The 4.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does JD have too much debt? JD.com, Inc. has total debt of CNY 105 B against shareholder equity of CNY 282 B as of Jun 2026, so its debt is 0.37× its equity. Year by year, that ratio went from 0.14 in FY21 to 0.36 in FY25. Keep that borrowing in mind when reading the returns on this page. This company reports in Chinese yuan, not US dollars, so the money charts are left out here. The figures in the text are in that currency (CNY); nothing is converted. ## What is the JD shareholding pattern? We have no ownership or short-position figures for JD.com, Inc., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 3.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is JD from balance-sheet trouble? For JD.com, Inc., the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does JD rank in its industry? There is no score against its industry: JD.com, Inc. is not among the largest members shown in this industry comparison for Internet Retail. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is JD compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to JD in size? JD is the 8th largest of 24 Internet Retail companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: DoorDash, Inc., eBay Inc. and Sea. Just below it: Coupang, Inc., Wayfair Inc. and Maplebear Inc. ### Internet Retail companies close in size

1. [DoorDash, Inc.](https://www.sectoralpha.in/us/stocks/dash) $79.9 billion
2. [eBay Inc.](https://www.sectoralpha.in/us/stocks/ebay) $52.1 billion
3. [Sea Limited](https://www.sectoralpha.in/us/stocks/se) $47 billion
4. JD.com, Inc. $36.2 billion
5. [Coupang, Inc.](https://www.sectoralpha.in/us/stocks/cpng) $27.4 billion
6. [Wayfair Inc.](https://www.sectoralpha.in/us/stocks/w) $15.2 billion
7. [Maplebear Inc.](https://www.sectoralpha.in/us/stocks/cart) $13.5 billion

[All 24 Internet Retail companies, largest first](https://www.sectoralpha.in/us/sectors/internet-retail#all-companies)

### Companies close in size in other industries

1. [Arch Capital Group Ltd.](https://www.sectoralpha.in/us/stocks/acgl) $35.5 billion · Insurance - Diversified
2. [United Airlines Holdings, Inc.](https://www.sectoralpha.in/us/stocks/ual) $35.5 billion · Airlines
3. JD.com, Inc. $35.3 billion
4. [TKO Group Holdings, Inc.](https://www.sectoralpha.in/us/stocks/tko) $35 billion · Entertainment
5. [Axon Enterprise, Inc.](https://www.sectoralpha.in/us/stocks/axon) $34.6 billion · Aerospace & Defense

## What else do people ask about JD? ### What were JD's latest quarterly results? JD.com, Inc. reported revenue of CNY 346 B and net profit of CNY 8.7 B for the Jun 2026 quarter. Revenue fell 2.9% and profit rose 29.5% compared with a year earlier. The operating margin was 1.2%, 1.5 percentage points higher than a year earlier (as of 3 November 2026). ### What is JD's market cap? JD.com, Inc.'s market capitalisation is $36.2 B at a stock price of $26.91. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is JD performing? JD.com, Inc.'s share price has been falling for 11 weeks. In its latest quarter, revenue fell 2.9% and profit rose 29.5% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 13 weeks running (as of 3 November 2026). ### Will JD's stock price go up? This page does not forecast JD.com, Inc.'s stock price. What it shows instead: the stock price is $26.91, and it has been falling for 11 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Is JD's profit real cash? Yes, over the last 3 years, 150% of JD.com, Inc.'s reported profit came in as cash from operations. The latest year was lower at 82%, so the trend is worth watching. In FY25, operating cash was CNY 19.0 B against reported profit of CNY 23.1 B. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is JD in its business cycle? JD.com, Inc.'s FY25 operating margin was 0.3%, against a 5-year range of 0.3% to 3.4%: the low end of its own range, which is often where recoveries start. The latest quarter was 1.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the JD story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is JD a stock worth studying right now? What the numbers show: JD.com, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.