New Oriental Education & Technology Group (New Oriental Education & Technology Group) Net Margin %

: 3.46% (As of Nov. 2023)

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Net margin is calculated as Net Income divided by its Revenue. New Oriental Education & Technology Group's Net Income for the three months ended in Nov. 2023 was $30 Mil. New Oriental Education & Technology Group's Revenue for the three months ended in Nov. 2023 was $870 Mil. Therefore, New Oriental Education & Technology Group's net margin for the quarter that ended in Nov. 2023 was 3.46%.

The historical rank and industry rank for New Oriental Education & Technology Group's Net Margin % or its related term are showing as below:

EDU' s Net Margin % Range Over the Past 10 Years
Min: -38.25 Med: 11.83 Max: 18.94
Current: 8.54

EDU's Net Margin % is ranked better than
64.12% of 262 companies
in the Education industry
Industry Median: 4.89 vs EDU: 8.54

New Oriental Education & Technology Group Net Margin % Historical Data

The historical data trend for New Oriental Education & Technology Group's Net Margin % 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 Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Net Margin %

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7.69

11.55

7.82

-38.25

5.92

New Oriental Education & Technology Group Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Net Margin %	Get a 7-Day Free Trial															0.11	10.83	3.37	15.03	3.46

Competitive Comparison

For the Education & Training Services subindustry, New Oriental Education & Technology Group's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

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

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

New Oriental Education & Technology Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

New Oriental Education & Technology Group's Net Margin for the fiscal year that ended in May. 2023 is calculated as

Net Margin	=	Net Income (A: May. 2023 )	/	Revenue (A: May. 2023 )
	=	177.341	/	2997.76
	=	5.92 %

New Oriental Education & Technology Group's Net Margin for the quarter that ended in Nov. 2023 is calculated as

Net Margin	=	Net Income (Q: Nov. 2023 )	/	Revenue (Q: Nov. 2023 )
	=	30.066	/	869.6
	=	3.46 %

New Oriental Education & Technology Group (NYSE:EDU) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

New Oriental Education & Technology Group Net Margin % 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 » Net Margin %

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.