New Oriental Education & Technology Group vs TAL Education
New Oriental Education & Technology Group is the larger business, with $5.66bn of revenue in fiscal 2026 against $3.01bn for TAL Education (1.9 times as much). TAL Education grew faster (33.7% against 15.5%). TAL Education kept more of each dollar of sales as profit: a net margin of 17.6% against 8.4%.
| Latest fiscal year | New Oriental Education & Technology GroupEDU, 2026 | TAL EducationTAL, 2026 |
|---|---|---|
| Revenue | $5.66bn | $3.01bn |
| Revenue growth | 15.5% | 33.7% |
| Net income | $475m | $531m |
| Operating margin | 11.4% | 9.2% |
| Net margin | 8.4% | 17.6% |
| Return on equity | 12.4% | 14.1% |
| Free cash flow | $780m | $508m |
| Cash | $1.82bn | $1.52bn |
| Total debt | — | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | — |
| Dividend yield | 1.3% | — |
| Share buybacks | $231m | $644m |
| Employees | — | — |
| Market value | $7.65bn | $5.85bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 52 (Moderate) | 56 (Moderate) |
| Insider trades, 12 months | 0 buys, 6 sales | 0 buys, 2 sales |