New Oriental Education & Technology Group (New Oriental Education & Technology Group) Revenue : $4,037 Mil (TTM As of Feb. 2024)

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What is New Oriental Education & Technology Group Revenue?

New Oriental Education & Technology Group's revenue for the three months ended in Feb. 2024 was $1,207 Mil. Its revenue for the trailing twelve months (TTM) ended in Feb. 2024 was $4,037 Mil. New Oriental Education & Technology Group's Revenue per Share for the three months ended in Feb. 2024 was $7.22. Its Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 was $24.19.

Warning Sign:

New Oriental Education & Technology Group Inc revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of New Oriental Education & Technology Group was 44.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was -7.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 1.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 14.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, New Oriental Education & Technology Group's highest 3-Year average Revenue per Share Growth Rate was 39.10% per year. The lowest was -7.40% per year. And the median was 25.10% per year.

New Oriental Education & Technology Group Revenue Historical Data

The historical data trend for New Oriental Education & Technology Group's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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New Oriental Education & Technology Group Revenue Chart

New Oriental Education & Technology Group Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Revenue

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3,096.49

3,578.68

4,276.54

3,105.25

2,997.76

New Oriental Education & Technology Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Revenue	Get a 7-Day Free Trial															754.15	860.57	1,100.02	869.60	1,207.29

Competitive Comparison of New Oriental Education & Technology Group's Revenue

For the Education & Training Services subindustry, New Oriental Education & Technology Group's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

New Oriental Education & Technology Group's Revenue Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, New Oriental Education & Technology Group's Revenue distribution charts can be found below:

* The bar in red indicates where New Oriental Education & Technology Group's Revenue falls into.

New Oriental Education & Technology Group Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,037 Mil.

New Oriental Education & Technology Group (NYSE:EDU) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:

Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.

Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.

New Oriental Education & Technology Group Revenue Related Terms

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New Oriental Education & Technology Group (New Oriental Education & Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (NYSE:EDU) » Definitions » Revenue

Comparable Companies

Traded in Other Exchanges

EDUN:Mexico 09901:Hong Kong 0K75:UK N1U0:Germany E1DU34:Brazil

Address

No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080

Website

https://www.neworiental.org

New Oriental is a leading private education provider in China. K-9 academic after-school tutoring used to account for 50%-60% of New Oriental's revenue before the regulatory crackdown in 2021. After terminating its K-9 academic after-school tutoring business, New Oriental has identified a few new initiatives such as nonacademic tutoring and intelligent learning systems and devices. The remaining businesses include high school academic after-school tutoring and overseas-related test preparation and consulting business. It also owns 55.7% of East Buy (HKG: 01797), a market leader in livestreaming e-commerce.