MARKETS / NYSE / EDU
NYSE · SERVICES-EDUCATIONAL SERVICES · LARGE CAP

NEW Oriental Education & Technology Group Inc. EDU

17 fiscal years on record · USD · FY2024 reported
SEC FILINGS ONLY
Revenue · FY2024
$4.9B
▲ 13.6% vs FY2023
EPS · FY24
Dividend / sh · FY24
Payout · FY24
26%
ROE · FY24
10.0%
Net margin · FY24
7.6%
Dividend coverage
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Result
USD 4.9B
Revenue, FY2024 · full 17-year series below
Revenue Net income
2464.90.42008201120142017202020232024
2464.90.42015201820212024

8 cents of every revenue dollar became profit this year.

Per share
Diluted EPS, FY2024
EPS
0.40.81.22008201120142017202020232024
0.40.81.22015201820212024

The company pays no cash dividend.

Profitability
10.0%
Return on equity, FY2024
ROE
8162410.0%2008201120142017202020232024
8162410.0%2015201820212024
Operating margin8.7%
Net margin7.6%
Return on assets4.8%

Each USD of equity produced 10 cents of profit this year.

Returned to shareholders
USD 530.7M
returned in FY2024 · dividends + net buybacks
Dividends paidUSD 98.2M
Net buybacksUSD 432.5M
Share of profit142.8%
Consecutive raises

USD 98.2M in dividends and USD 432.5M in buybacks — 143% of the year's profit, so the payout drew on cash built up earlier.

Growth
+6.5% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+16.4%
+6.5%
+14.7%
+18.5%
Net income
−2.1%
+6.8%
+11.0%
EPS, diluted
+28.6%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
1.58B
Shares outstanding, FY2024
0.161.582008201120142017202020232024
0.161.582015201820212024
Change, 5 years−0.3%
Change, 10 years

The share count shrank 0% in five years — the same company, cut into fewer, larger slices.

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Balance sheet
USD 7.8B
total assets, end of FY2024
Total assetsUSD 7.8B
EquityUSD 3.7B
CashUSD 1.6B
Current ratio1.58×

Equity funds 47% of total assets.

History
17 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Revenue $B
4.9
4.3
3.0
3.1
4.3
3.6
3.1
2.4
1.8
1.5
1.2
1.1
1.0
0.8
0.5
0.4
0.3
Operating income $B
0.4
0.4
0.2
−1.0
0.1
0.4
0.3
0.3
0.3
0.2
0.2
0.2
0.1
0.1
0.1
0.1
0.1
EBITDA $B
0.6
0.5
0.3
−0.8
0.3
0.5
0.4
0.3
0.3
0.2
0.2
0.2
0.2
0.1
0.1
0.1
0.1
Income tax $B
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Net income $B
0.4
0.3
0.2
−1.2
0.3
0.4
0.2
0.3
0.3
0.2
0.2
0.2
0.1
0.1
0.1
0.1
0.1
EPS, diluted $
·
·
·
·
·
·
·
·
·
·
·
·
·
0.85
0.65
0.50
0.40
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
26
·
·
·
·
·
·
24
·
28
·
25
34
·
·
·
·
ROE %
10.0
8.4
4.9
−27.6
8.7
16.2
10.9
16.1
17.8
17.1
17.2
22.9
17.6
21.0
20.3
18.2
·
Shares out B
1.58
1.65
1.64
1.70
1.69
1.59
0.16
0.16
0.16
0.16
0.16
0.16
0.16
0.16
0.16
0.16
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
36 of 36
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed