Alibaba Group Holding vs Jd.com
Jd.com is the larger business, with $182.16bn of revenue in fiscal 2025 against $144.18bn for Alibaba Group Holding (1.3 times as much). Jd.com grew faster (13.1% against 4.4%). Alibaba Group Holding kept more of each dollar of sales as profit: a net margin of 10.1% against 1.5%. Alibaba Group Holding carries less debt relative to equity (5.3% against 22.1%).
| Latest fiscal year | Alibaba Group HoldingBABA, 2026 | Jd.comJD, 2025 |
|---|---|---|
| Revenue | $144.18bn | $182.16bn |
| Revenue growth | 4.4% | 13.1% |
| Net income | $14.59bn | $2.73bn |
| Operating margin | 4.9% | 0.2% |
| Net margin | 10.1% | 1.5% |
| Return on equity | 10.0% | 8.4% |
| Free cash flow | $10.73bn | $1.55bn |
| Cash | $19.07bn | $19.66bn |
| Total debt | $8.10bn | $7.11bn |
| Debt to equity | 5.3% | 22.1% |
| Dividend per share | — | — |
| Dividend yield | 2.0% | 3.7% |
| Share buybacks | $1.08bn | $2.98bn |
| Employees | — | — |
| Market value | $235.74bn | $39.16bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | — | — |
| Insider trades, 12 months | 3 buys, 13 sales | 0 buys, 0 sales |