PDD Holdings Inc. Free Cash Flow Generation Index

Latest as of September 2025: 1.00x

PDD Holdings Inc. free cash flow generation index. PDD Holdings Inc. (PDD) has a Free Cash Flow Generation Index of 1.00x as of September 2025. Free cash flow of $45.66 Billion represents 1% of operating cash flow ($45.66 Billion).

FCF Generation Index

1.00x
Free Cash Flow / Operating CF

Free Cash Flow

$45.66 Billion
USD

Operating Cash Flow

$45.66 Billion
USD

Capital Expenditures

$0.00
USD

Free Cash Flow Generation Index of PDD Holdings Inc. (2016–2024)

Free cash flow generation index of PDD Holdings Inc. from 2016 to 2024. Historical FCF Generation Index trend for PDD Holdings Inc. across 9 annual periods. See PDD Holdings Inc. (PDD) financial flexibility to measure the company's free cash flow as a share of total liabilities.

PDD Holdings Inc. Free Cash Flow Generation Index by Year (2016–2024)

PDD Holdings Inc. free cash flow generation index by year from 2016 to 2024. Year-by-year Free Cash Flow Generation Index for PDD Holdings Inc.. For the full cash flow conversion analysis, see how efficiently does PDD Holdings Inc. generate cash.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2024 0.99x $120.96 Billion $121.93 Billion $967.14 Million ▼ -0.2%
2023 0.99x $93.58 Billion $94.16 Billion $583.88 Million ▲ +9.3%
2022 0.91x $6.40 Billion $7.03 Billion $635.72 Million ▲ +2.7%
2021 0.89x $25.50 Billion $28.78 Billion $3.29 Billion ▼ -11.3%
2020 1.00x $28.15 Billion $28.20 Billion $43.05 Million ▲ +0.0%
2019 1.00x $14.79 Billion $14.82 Billion $27.44 Million ▲ +0.2%
2018 1.00x $7.74 Billion $7.77 Billion $27.33 Million ▲ +2.5%
2017 0.97x $306.56 Million $315.48 Million $8.92 Million ▼ -2.6%
2016 1.00x $877.48 Million $879.78 Million $2.30 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).