New Oriental Education & Technology Group Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $1.5b
$1.8b +21.72%
$2.4b +36.01%
$3.1b +26.52%
$3.6b +15.57%
$4.3b +19.50%
$3.1b -27.39%
$3.0b -3.46%
$4.3b +43.89%
$4.9b +13.60%
$5.7b +15.53%
Cost of Revenue $614.4m
$749.6m +22.01%
$1.1b +42.18%
$1.4b +29.14%
$1.6b +15.45%
$2.0b +28.19%
$1.8b -13.87%
$1.4b -19.66%
$2.1b +45.52%
$2.2b +6.45%
$2.6b +17.63%
Gross Profit (Calculated) $864.0m
$1.0b +21.52%
$1.4b +31.60%
$1.7b +24.50%
$2.0b +15.67%
$2.2b +12.56%
$1.4b -39.68%
$1.6b +17.57%
$2.3b +42.45%
$2.7b +20.08%
Selling and Marketing Expense $197.9m $232.8m $324.2m $384.3m $445.3m $600.8m $466.9m $444.7m $660.6m $784.0m $2.4b
General and Administrative Expense $471.0m $554.9m $794.5m $1.0b $1.1b $1.5b $1.9b $953.6m $1.3b $1.4b $1.6b
Amortization of Intangible Assets $1.1m $1.4m $1.8m $3.7m $4.5m $4.5m $1.9m $5.6m $6.1m $5.7m
Operating Income (Loss) $198.8m
$262.1m +31.84%
$263.0m +0.31%
$305.5m +16.19%
$399.0m +30.59%
$117.3m -70.61%
($982.5m) -937.85%
$190.0m +119.34%
$350.4m +84.39%
$428.2m +22.21%
$643.3m +50.20%
Interest Expense $1.6m $4.6m $6.7m $4.0m $707k $298k $311k $311k
Investment Income, Interest $66.9m $61.4m $84.8m $97.5m $116.1m $141.5m $123.5m $114.5m $153.6m $119.6m
Income (Loss) from Equity Method Investments ($4.4m) ($3.3m) ($379k) ($2.3m) $1.4m ($1.4m) ($51.5m) ($7.1m) ($58.9m) ($14.3m)
Nonoperating Income (Expense) $93.9m
Current Income Tax Expense (Benefit) $39.5m $51.1m $72.8m $103.0m $143.0m $127.3m $44.4m $97.6m $130.9m $175.6m $196.1m
Income Tax Expense (Benefit) $37.5m $50.6m $59.4m $85.7m $134.4m $83.6m $136.3m $66.1m $109.7m $146.3m $196.1m
Net Income (Loss) Attributable to Parent $224.9m
$274.5m +22.04%
$296.1m +7.90%
$238.1m -19.61%
$413.3m +73.62%
$334.4m -19.09%
($1.2b) -455.16%
$177.3m +114.93%
$309.6m +74.57%
$371.7m +20.07%
$475.2m +27.83%
Net Income (Loss) Attributable to Noncontrolling Interest $444k $2.3m $1.1m ($10.2m) ($58.5m) ($104.4m) ($32.6m) $58.0m $15.6m $4.1m $475.2m
Income (Loss) from Continuing Operations, Per Basic Share $1 $2 $2 $2 $3 $0 ($1) $0 $0 $0
Income (Loss) from Continuing Operations, Per Diluted Share $1 $2 $2 $2 $3 $0 ($1) $0 $0 $0
Weighted Average Number of Shares Outstanding, Basic 156.8m 157.6m 158.2m 158.3m 158.4m 1.6b 1.7b 1.7b 1.7b 1.6b 157.8m
Weighted Average Number of Shares Outstanding, Diluted 157.4m 158.0m 158.6m 159.0m 159.5m 1.7b 1.7b 1.7b 1.7b 1.6b 159.6m
Additional Financial Items
Costs and Expenses $1.3b $1.5b $2.2b $2.8b $3.2b $4.2b $4.1b $2.8b $4.0b $4.5b
Goodwill, Impairment Loss $0 $1.7m $0 $5.2m $0 $28.9m $0 $0 $60.3m $0
Other General Expense $25.7m
Realized Investment Gains (Losses) $7.1m $7.4m $26.4m $407k $3.5m $22.0m $767k $185k $422k

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.