JD.com annual free cash flow
2019
2020
2021
2022
2023
2024
2025
JD.com Free Cash Flow (FCF) History (JD)
JD.com reported ¥11.17B in free cash flow for fiscal 2025, a decrease of 78.83% from the previous fiscal year, with a free cash flow margin of 0.85%.
View full JD.com company overviewJD.com free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | ¥11.17B | −¥41.57B | −78.83% | +0.85% |
| 2024 | 2024-12-31 | ¥52.74B | −¥2.75B | −4.96% | +4.55% |
| 2023 | 2023-12-31 | ¥55.50B | ¥3.17B | +6.06% | +5.12% |
| 2022 | 2022-12-31 | ¥52.32B | ¥15.59B | +42.42% | +5.00% |
| 2021 | 2021-12-31 | ¥36.74B | −¥2.44B | −6.22% | +3.86% |
| 2020 | 2020-12-31 | ¥39.17B | ¥16.99B | +76.59% | +5.25% |
| 2019 | 2019-12-31 | ¥22.18B | — | — | +3.85% |
JD.com quarterly free cash flow
No reported data
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|
JD.com free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from ¥39.17B to ¥11.17B, a compound annual decline of 22.20%.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review JD.com filings at SEC.gov ↗