# Full Truck Alliance Co. Ltd. share price today (Full Truck Alliance Co. Ltd., YMM)

> Full Truck Alliance Co. Ltd.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. YMM · Technology · Software - Application · data as of 5 November 2026. Page: https://www.sectoralpha.in/us/stocks/ymm

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: $8.93 (−27.8% in a year)
- P/E: 15.1×, against its own history
- Revenue (Jun 2026): ₹3.4 B (+4.4% on a year ago)
- Profit (Jun 2026): ₹1.3 B (+6.3% on a year ago)
- Operating margin: 43.9% (+8.7 points on a year ago)
- ROE: 11%, FY25
- Profit that came in as cash: 101%, last 3 years

Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. ## What is the Full Truck Alliance Co. Ltd. share price today? Full Truck Alliance Co. Ltd.'s share price was $8.93 at the close on 5 November 2026. It has been stalling near its high for 1 week. That is 1.8% above its average price over the last 200 trading days. In the last 52 weeks it traded between $8 and $12, and at that close it sat 26% 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 7 weeks running. Over the last 5.4 years the share price moved −55% while the S&P 500 moved +72%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 18 September 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 Full Truck Alliance Co. Ltd. pay? Full Truck Alliance Co. Ltd. declared ₹0.57 per local share for Jun 2026, and ₹2.87 over the last four reported quarters. It reports in its home currency, 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 Full Truck Alliance Co. Ltd. on? Full Truck Alliance Co. Ltd. is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is Full Truck Alliance Co. Ltd. profitable? Full Truck Alliance Co. Ltd. earned ₹1.3 B of net profit in the Jun 2026 quarter, +6.3% on the same quarter a year earlier. Full-year FY25 profit was ₹4.5 B. That is 39.8% of the quarter's revenue. The same quarter a year earlier earned ₹1.3 B. For the full year, FY25 profit was ₹4.5 B (+42.8% on the year before). Why profit moved: revenue changed +4.4% on a year earlier and the margin moved +8.7 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +9.8% and revenue +5.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## How much revenue does Full Truck Alliance Co. Ltd. make, and is it growing? Full Truck Alliance Co. Ltd. reported ₹3.4 B of revenue in the Jun 2026 quarter, +4.4% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 28.0% a year on average. The last full year, FY25, came in at ₹12.5 B. The last four reported quarters add to ₹12.8 B. FY25 revenue was ₹12.5 B, +11.1% on the year before. Recent pace: the last four quarters grew +5.3% on average, against 28.0% 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 +5.2%, against +14.8% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +0.3%, against +27.0% a year (rolling over). This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## How much of its sales does Full Truck Alliance Co. Ltd. keep? Full Truck Alliance Co. Ltd.'s operating margin was 43.9% in the Jun 2026 quarter, 8.7 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between −81.5% and 33.2%. The latest quarter is above every full year in that period. Across 5 years it has been between −81.5% and 33.2%, and FY25's 33.2% is the highest of them. Why the margin moved: operating margin changed +8.7 percentage points on the year while gross margin changed −0.5 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Full Truck Alliance Co. Ltd.'s profit turning into cash? Over the last 3 years, 101% of Full Truck Alliance Co. Ltd.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in ₹4.6 B of operating cash against ₹4.5 B of profit. After ₹0.1 B of spending on assets, ₹4.5 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: it spends almost nothing on new assets, so the cash goes on running the business. The next section shows the spending figures. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## Where does Full Truck Alliance Co. Ltd.'s cash go? Full Truck Alliance Co. Ltd. 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 ₹0.0 B on assets over the last 3 years. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: ₹0.0 B over the last 3 years. In short: almost nothing is being spent on new assets, so the cash goes on running the business. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## What is Full Truck Alliance Co. Ltd.'s P/E ratio, and how does it compare with its own history? Full Truck Alliance Co. Ltd.'s P/E is 15.1×, 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 Full Truck Alliance Co. Ltd. business getting better or worse? Full Truck Alliance Co. Ltd.'s business is giving mixed signals. Growth is slowing from a very fast pace: profit growth has eased from +442.1% at its peak to +0.3%, but the business is still expanding, with ROCE steady at 10.5%. 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 Full Truck Alliance Co. Ltd. earn on its capital? Full Truck Alliance Co. Ltd. earned a ROE of 11% in FY25. That is up from a low of −12% in FY21. Its return on capital used (ROIC) is left out: on sales this small it reads −77%, a number that says nothing useful about the business. It comes from a 35.7% net margin and 0.28× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 35.7% net margin × 0.28× asset turnover × 1.07× leverage (assets divided by equity) ≈ 10.7% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. ## Does Full Truck Alliance Co. Ltd. have too much debt? Full Truck Alliance Co. Ltd. has total debt of ₹0.0 B against shareholder equity of ₹41.8 B as of Jun 2026, so its debt is 0.00× its equity, which is very little. Year by year, that ratio went from 0.00 in FY20 to 0.00 in FY25. So the returns on this page come from the business, not from borrowed money. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## What is the Full Truck Alliance Co. Ltd. shareholding pattern? We have no ownership or short-position figures for Full Truck Alliance Co. Ltd., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 3.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Full Truck Alliance Co. Ltd. from balance-sheet trouble? For Full Truck Alliance Co. Ltd., the Z-score is 13.47. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 13.47 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Full Truck Alliance Co. Ltd. rank in its industry? There is no score against its industry: Full Truck Alliance Co. Ltd. is not among the largest members shown in this industry comparison for Software - Application. 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 Full Truck Alliance Co. Ltd. compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Full Truck Alliance Co. Ltd. in size? Full Truck Alliance Co. Ltd. is the 36th largest of 142 Software - Application companies on Sector Alpha by market value (scores of 5 November 2026). Just above it: Paycom Software, Inc., HubSpot, Inc. and Figma, Inc. Just below it: JFrog, Paylocity Holding Corporation and Elastic N.V. ### Software - Application companies close in size

1. [Paycom Software, Inc.](https://www.sectoralpha.in/us/stocks/payc) $11.1 billion
2. [HubSpot, Inc.](https://www.sectoralpha.in/us/stocks/hubs) $10 billion
3. [Figma, Inc.](https://www.sectoralpha.in/us/stocks/fig) $9.9 billion
4. Full Truck Alliance Co. Ltd. $9.3 billion
5. [JFrog Ltd.](https://www.sectoralpha.in/us/stocks/frog) $9.2 billion
6. [Paylocity Holding Corporation](https://www.sectoralpha.in/us/stocks/pcty) $9 billion
7. [Elastic N.V.](https://www.sectoralpha.in/us/stocks/estc) $8.8 billion

[All 142 Software - Application companies, largest first](https://www.sectoralpha.in/us/sectors/software-application#all-companies)

### Companies close in size in other industries

1. [Antero Midstream Corporation](https://www.sectoralpha.in/us/stocks/am) $9.4 billion · Oil & Gas Midstream
2. [Ryman Hospitality Properties, Inc.](https://www.sectoralpha.in/us/stocks/rhp) $9.4 billion · REIT - Hotel & Motel
3. Full Truck Alliance Co. Ltd. $9.3 billion
4. [Janus Living, Inc.](https://www.sectoralpha.in/us/stocks/jan) $9.3 billion · REIT - Residential
5. [AptarGroup, Inc.](https://www.sectoralpha.in/us/stocks/atr) $9.3 billion · Medical Instruments & Supplies

## What else do people ask about Full Truck Alliance Co. Ltd.? ### What were Full Truck Alliance Co. Ltd. Ltd.'s latest quarterly results? Full Truck Alliance Co. Ltd. reported revenue of ₹3.4 B and net profit of ₹1.3 B for the Jun 2026 quarter. Revenue rose 4.4% and profit rose 6.3% compared with a year earlier. The operating margin was 43.9%, 8.7 percentage points higher than a year earlier (as of 5 November 2026). ### What is Full Truck Alliance Co. Ltd. Ltd.'s market cap? Full Truck Alliance Co. Ltd.'s market capitalisation is $9.3 B at a stock price of $8.93. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 5 November 2026). ### How is Full Truck Alliance Co. Ltd. Ltd. performing? Full Truck Alliance Co. Ltd.'s share price has been stalling near its high for 1 weeks. In its latest quarter, revenue rose 4.4% and profit rose 6.3% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 7 weeks running (as of 5 November 2026). ### Will Full Truck Alliance Co. Ltd. Ltd.'s stock price go up? This page does not forecast Full Truck Alliance Co. Ltd.'s stock price. What it shows instead: the stock price is $8.93, and it has been stalling near its high for 1 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 5 November 2026). ### Where is Full Truck Alliance Co. Ltd. Ltd. in its business cycle? Full Truck Alliance Co. Ltd.'s FY25 operating margin was 33.2%, against a 5-year range of −81.5% to 33.2%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 43.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 5 November 2026). ### What could break the Full Truck Alliance Co. Ltd. Ltd. story? Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. 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 5 November 2026). ### Is Full Truck Alliance Co. Ltd. Ltd. a stock worth studying right now? What the numbers show: Full Truck Alliance Co. Ltd.'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 5 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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