New Oriental Education & Technology Group
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. New Oriental Education & Technology Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 44% to $4,313,586,000. The net income raised on $309,591,000 and profit margin reached 7%. Total operating expenses were $1,912,201,000.
Profit Margin
| 2015 | 1.24B | 190.90M | 15.31% |
|---|---|---|---|
| 2016 | 1.47B | 224.88M | 15.21% |
| 2017 | 1.79B | 274.45M | 15.25% |
| 2018 | 2.44B | 296.13M | 12.1% |
| 2019 | 3.09B | 238.06M | 7.69% |
| 2020 | 3.57B | 413.33M | 11.55% |
| 2021 | 4.27B | 231.38M | 5.41% |
| 2022 | 3.10B | -1.16B | -37.64% |
| 2023 | 2.99B | 177.34M | 5.92% |
| 2024 | 4.31B | 309.59M | 7.18% |
EDU Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 4.31B | 2.99B | 3.10B | 4.27B | 3.57B | 3.09B | 2.44B | 1.79B | 1.47B | 1.24B |
Cost of revenue | 2.05B | 1.40B | 1.75B | 2.03B | 1.58B | 1.37B | 1.06B | 749.58M | 614.36M | 526.71M |
Gross profit | 2.26B | 1.58B | 1.35B | 2.23B | 1.98B | 1.72B | 1.38B | 1.04B | 863.98M | 720.05M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 660.58M | 444.69M | 466.89M | 600.77M | 445.25M | 384.28M | 324.24M | 232.82M | 197.89M | 188.82M |
Total operating expenses | 1.91B | 1.39B | 2.33B | 2.09B | 1.59B | 1.41B | 1.11B | 787.77M | 668.90M | 568.63M |
Operating income | 350.42M | 190.04M | -982.51M | 394.01M | 266.45M | 305.53M | 262.95M | 262.14M | 198.83M | 151.41M |
Other income (expenses), net | 143.41M | 118.48M | -49.98M | -79.03M | 88.83M | 10.31M | 94.06M | 68.56M | 72.20M | 66.94M |
Income before tax | 493.84M | 308.53M | -1.03B | 314.97M | 487.83M | 315.84M | 357.02M | 330.70M | 267.28M | 218.36M |
Income tax expense | 109.69M | 66.06M | 136.31M | 83.58M | 134.36M | 85.71M | 59.40M | 50.62M | 37.53M | 26.22M |
Net income | 309.59M | 177.34M | -1.16B | 231.38M | 413.33M | 238.06M | 296.13M | 274.45M | 224.88M | 190.90M |
Earnings per share | ||||||||||
Basic EPS | 1.87 | 1.06 | -6.89 | 1.41 | 2.61 | 1.5 | 1.87 | 1.74 | 1.43 | 1.22 |
Diluted EPS | 1.85 | 1.03 | -6.89 | 1.4 | 2.59 | 1.5 | 1.87 | 1.74 | 1.43 | 1.21 |
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