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BABA · NYSE · United States · Services-Business Services, Nec
In shortAlibaba Group Holding Ltd is profitable, generates cash and holds more cash than debt, with revenue growing (+2.7% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 4.9% | 33/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 10.1% | 60/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 10.0% | 50/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 3.4% | 23/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.28× | 40/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.05× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 5.12× | 34/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 7.4% | 50/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.74× | 54/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 6.9% | 86/100 |
| Operating margin volatility | 3.6% | 76/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 5.6% | 48/100 |
|---|---|---|
| EPS growth, 3-year average | 17.0% | 100/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
CNY millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 853,062 | 868,687 | 941,168 | 996,347 | 1,023,670 |
| Cost of revenue | 539,450 | 549,695 | 586,323 | 598,285 | 616,136 |
| Gross profit | 313,612 | 318,992 | 354,845 | 398,062 | 407,534 |
| Research & development | 55,465 | 56,744 | 52,256 | 57,151 | 66,533 |
| Operating income | 69,638 | 100,351 | 113,350 | 140,905 | 50,150 |
| Interest expense | 4,909 | 5,918 | 7,947 | 9,596 | 9,793 |
| Pre-tax income | 59,550 | 89,185 | 101,596 | 155,455 | 129,387 |
| Income tax | 26,815 | 15,549 | 22,529 | 35,445 | 30,045 |
| Net income | 62,249 | 72,783 | 80,009 | 130,109 | 103,592 |
| Diluted EPS | ¥2.84 | ¥3.43 | ¥3.91 | ¥6.70 | ¥5.50 |
| Diluted shares (millions) | 21,787 | 21,114 | 20,359 | 19,318 | 19,235 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
3/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Mar 31, 2026 · Data updated May 20, 2026