PDD Holdings Inc. (PDD) — 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). See PDD Holdings Inc. (PDD) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
PDD Holdings Inc. Free Cash Flow Generation Index (2016–2024)
Historical FCF Generation Index trend for PDD Holdings Inc. across 9 annual periods. Explore PDD operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for PDD Holdings Inc. (2016–2024)
Year-by-year Free Cash Flow Generation Index for PDD Holdings Inc.. For the full company profile including market capitalisation, see PDD Holdings Inc. market capitalisation.
| 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 | — |