MPNGF (Meituan) Gross Profit: $14,804 Mil (TTM As of Mar. 2026)

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MPNGF Meituan MPNGF
70 GF Score
Price $11.29
GF Value $20.23
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Meituan Gross Profit?

Meituan MPNGF -5.94% 70 Gross Profit is $14,804 Mil as of Mar. 2026. GuruFocus rates MPNGF with a GF Score™ of 70/100 and a GF Value™ of $20.23 (Possible Value Trap). The stock has 3 warning signs investors should review.

Meituan's gross profit for the three months ended in Mar. 2026 was $3,768 Mil. Meituan's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $14,804 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Meituan's gross profit for the three months ended in Mar. 2026 was $3,768 Mil. Meituan's Revenue for the three months ended in Mar. 2026 was $13,209 Mil. Therefore, Meituan's Gross Margin % for the quarter that ended in Mar. 2026 was 28.53%.

Meituan had a gross margin of 28.53% for the quarter that ended in Mar. 2026 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of Meituan was 45.74%. The lowest was 23.16%. And the median was 31.79%.


Meituan  (OTCPK:MPNGF) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Meituan had a gross margin of 28.53% for the quarter that ended in Mar. 2026 => Competition eroding margins


Meituan Gross Profit Related Terms


Meituan Gross Profit Historical Data

* Premium members only.

The historical data trend for Meituan's Gross Profit 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.

Meituan Gross Profit Chart

Meituan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,668.57 8,857.66 13,611.83 17,825.84 15,761.11

Meituan Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,471.29 4,235.70 3,534.93 3,265.54 3,768.09

MPNGF vs AMZN, BABA, PDD: Gross Profit Comparison

For the Internet Retail subindustry, Meituan's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Meituan Gross Profit vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meituan's Gross Profit distribution charts can be found below:

* The bar in red indicates where Meituan's Gross Profit falls into.


MPNGF
70GF Score
Meituan MPNGF
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meituan Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Meituan's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=51802.412 - 36041.305
=15,761

Meituan's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=13209.168 - 9441.075
=3,768

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $14,804 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Meituan's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=3,768 / 13209.168
=28.53 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $14,804 Mil mean?
Meituan (MPNGF) has a Gross Profit of $14,804 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Meituan and its competitors.
Is Meituan's Gross Profit too high?
Meituan's current Gross Profit is $14,804 Mil. Overall, Meituan has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meituan's Gross Profit compare to AMZN and BABA?
Meituan's Gross Profit of $14,804 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Retail - Cyclical company?
A good Gross Profit depends on the Retail - Cyclical industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Meituan and its competitors. Meituan's current Gross Profit is $14,804 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meituan stock overvalued right now?
Based on GuruFocus' analysis, Meituan (MPNGF) is currently considered Possible Value Trap. The stock's GF Value™ is $20.23, compared to a current price of $11.29 — trading 44.2% below its estimated fair value. The current Gross Profit is $14,804 Mil. Meituan's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Meituan (MPNGF), the current Gross Profit is $14,804 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Meituan (MPNGF) Overvalued in 2026?

Based on GuruFocus' analysis, Meituan stock appears to be undervalued. The current stock price of $11.29 is trading 44.2% below its estimated GF Value™ of $20.23. GuruFocus considers Meituan to be Possible Value Trap.

Key valuation signals for MPNGF:

  • Gross Profit: $14,804 Mil
  • GF Value™: $20.23 vs. price of $11.29 (44.2% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the MPNGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meituan Business Description

Address No. 4 Wang Jing East Road, Block B and C, Hengjiweiye Building, Chaoyang District, Beijing, CHN, 100102
Despite intense competition, Meituan remains the largest food delivery platform in China as of April 2026, according to our estimates. In 2025, the firm generated 72% of its revenue from the core local commerce segment, which includes on-demand food delivery and retail, in-store services (such as visiting beauty and entertainment stores after purchasing deals on Meituan), and hotel and travel booking. The remaining revenue came from the new initiatives segment, such as the community group purchase business Meituan Select and the overseas food delivery business.
70GF Score

Get the complete analysis for MPNGF

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.29
Price
$20.23
GF Value