New Oriental Education & Technology Group Inc
NYSE:EDU

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New Oriental Education & Technology Group Inc Logo
New Oriental Education & Technology Group Inc
NYSE:EDU
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Price: 57.36 USD -0.61% Market Closed
Market Cap: 9.4B USD
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Income Statement

Earnings Waterfall
New Oriental Education & Technology Group Inc

Revenue
4.6B USD
Cost of Revenue
-2.2B USD
Gross Profit
2.5B USD
Operating Expenses
-2B USD
Operating Income
408.4m USD
Other Expenses
-18.8m USD
Net Income
389.6m USD

Income Statement
New Oriental Education & Technology Group Inc

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Income Statement
Currency: USD
May-2014 Aug-2014 Nov-2014 Feb-2015 May-2015 Aug-2015 Nov-2015 Feb-2016 May-2016 Aug-2016 Nov-2016 Feb-2017 May-2017 Aug-2017 Nov-2017 Feb-2018 May-2018 Aug-2018 Nov-2018 Feb-2019 May-2019 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Nov-2020 Feb-2021 May-2021 Nov-2021 Feb-2022 May-2022 Aug-2022 Nov-2022 Feb-2023 May-2023 Aug-2023 Nov-2023 Feb-2024 May-2024 Aug-2024
Revenue
Revenue
1 139
N/A
1 144
+0%
1 172
+2%
1 205
+3%
1 247
+3%
1 311
+5%
1 353
+3%
1 412
+4%
1 478
+5%
1 554
+5%
1 617
+4%
1 708
+6%
1 800
+5%
1 927
+7%
2 053
+7%
2 233
+9%
2 447
+10%
2 646
+8%
2 776
+5%
2 955
+6%
3 097
+5%
3 308
+7%
3 497
+6%
3 623
+4%
3 579
-1%
3 493
-2%
3 596
+3%
3 863
+7%
4 277
+11%
4 370
+2%
3 793
-13%
3 105
-18%
3 850
+24%
2 521
-35%
2 661
+6%
2 998
+13%
3 353
+12%
3 584
+7%
4 037
+13%
4 314
+7%
4 649
+8%
Gross Profit
Cost of Revenue
(452)
(468)
(485)
(503)
(526)
(549)
(569)
(588)
(614)
(646)
(675)
(714)
(750)
(817)
(880)
(966)
(1 066)
(1 163)
(1 236)
(1 305)
(1 376)
(1 449)
(1 508)
(1 569)
(1 589)
(1 614)
(1 708)
(1 849)
(2 037)
(2 252)
(2 085)
(1 754)
(2 066)
(1 269)
(1 266)
(1 409)
(1 539)
(1 625)
(1 900)
(2 051)
(2 193)
Gross Profit
687
N/A
677
-2%
688
+2%
703
+2%
720
+3%
762
+6%
784
+3%
824
+5%
864
+5%
908
+5%
942
+4%
994
+6%
1 050
+6%
1 110
+6%
1 172
+6%
1 267
+8%
1 382
+9%
1 483
+7%
1 540
+4%
1 650
+7%
1 720
+4%
1 859
+8%
1 989
+7%
2 054
+3%
1 990
-3%
1 880
-6%
1 888
+0%
2 014
+7%
2 240
+11%
2 118
-5%
1 708
-19%
1 351
-21%
1 784
+32%
1 252
-30%
1 396
+11%
1 588
+14%
1 814
+14%
1 959
+8%
2 137
+9%
2 263
+6%
2 456
+9%
Operating Income
Operating Expenses
(493)
(504)
(528)
(542)
(567)
(588)
(608)
(638)
(669)
(686)
(710)
(747)
(788)
(842)
(917)
(1 011)
(1 119)
(1 222)
(1 294)
(1 366)
(1 418)
(1 469)
(1 544)
(1 588)
(1 591)
(1 577)
(1 642)
(1 784)
(2 061)
(2 894)
(2 727)
(2 314)
(2 897)
(1 633)
(1 568)
(1 398)
(1 505)
(1 626)
(1 757)
(1 912)
(2 047)
Selling, General & Administrative
(493)
(508)
(531)
(545)
(567)
(588)
(608)
(638)
(669)
(690)
(713)
(751)
(788)
(840)
(915)
(1 009)
(1 119)
(1 222)
(1 296)
(1 369)
(1 418)
(1 471)
(1 544)
(1 588)
(1 591)
(1 577)
(1 642)
(1 784)
(2 061)
(2 793)
(2 626)
(2 314)
(2 688)
(1 424)
(1 359)
(1 398)
(1 497)
(1 618)
(1 749)
(1 912)
(2 017)
Other Operating Expenses
0
4
4
4
0
0
0
0
0
4
4
4
0
(2)
(2)
(2)
0
0
0
3
0
0
0
0
0
0
0
0
0
(102)
(102)
0
(209)
(209)
(209)
0
(8)
(8)
(8)
0
(30)
Operating Income
194
N/A
173
-11%
160
-7%
161
+1%
154
-5%
174
+14%
176
+1%
186
+6%
195
+5%
222
+14%
232
+5%
247
+7%
262
+6%
268
+2%
255
-5%
256
+0%
263
+3%
261
-1%
246
-6%
284
+16%
302
+6%
390
+29%
444
+14%
466
+5%
399
-14%
303
-24%
246
-19%
230
-6%
179
-22%
(777)
N/A
(1 019)
-31%
(963)
+6%
(1 113)
-16%
(380)
+66%
(173)
+55%
190
N/A
309
+63%
333
+8%
380
+14%
350
-8%
408
+17%
Pre-Tax Income
Interest Income Expense
45
0
0
0
67
0
0
0
67
0
0
0
69
0
0
0
92
45
10
17
18
(71)
(29)
(31)
93
(11)
(21)
(27)
134
122
126
127
126
141
147
114
121
121
116
173
153
Non-Reccuring Items
4
0
0
0
0
0
0
0
4
0
0
0
(2)
0
0
0
(1)
1
1
0
(2)
0
0
0
(32)
0
0
0
(102)
0
0
(229)
0
0
0
(8)
0
0
0
(30)
0
Total Other Income
1
51
59
63
0
69
70
69
2
65
63
67
2
82
90
92
3
11
24
26
(1)
103
94
101
27
154
192
230
103
(26)
(59)
32
64
93
87
13
16
26
13
1
5
Pre-Tax Income
243
N/A
224
-8%
219
-2%
225
+3%
221
-2%
243
+10%
245
+1%
256
+4%
267
+5%
286
+7%
295
+3%
314
+6%
331
+5%
350
+6%
345
-2%
348
+1%
357
+3%
319
-11%
280
-12%
327
+16%
316
-3%
423
+34%
510
+21%
535
+5%
488
-9%
446
-9%
417
-6%
433
+4%
315
-27%
(681)
N/A
(952)
-40%
(1 032)
-8%
(923)
+11%
(146)
+84%
61
N/A
309
+406%
446
+45%
480
+8%
509
+6%
494
-3%
567
+15%
Net Income
Tax Provision
(26)
(22)
(17)
(24)
(26)
(30)
(29)
(31)
(38)
(42)
(45)
(47)
(51)
(55)
(55)
(58)
(59)
(58)
(55)
(71)
(86)
(111)
(125)
(129)
(134)
(143)
(135)
(149)
(84)
(131)
(101)
(136)
(160)
(50)
(52)
(66)
(105)
(110)
(124)
(110)
(125)
Income from Continuing Operations
217
203
202
201
194
213
216
224
230
244
250
267
280
295
290
290
298
261
225
255
230
312
385
407
354
303
282
284
231
(812)
(1 054)
(1 169)
(1 083)
(196)
9
242
341
370
385
384
442
Income to Minority Interest
0
0
0
0
0
0
0
(0)
(0)
(1)
(3)
(2)
(2)
(2)
(4)
(3)
(1)
2
6
6
10
14
17
36
59
77
99
103
104
86
65
33
14
(34)
(50)
(58)
(50)
(39)
(25)
(16)
(2)
Equity Earnings Affiliates
(2)
(1)
(1)
(1)
(2)
(3)
(3)
(4)
(4)
(5)
(5)
(4)
(3)
(1)
(0)
(0)
(0)
(2)
(0)
(2)
(2)
(2)
1
1
1
(1)
(1)
7
(1)
(44)
(55)
(51)
(53)
(15)
0
(7)
(14)
(25)
(49)
(59)
(50)
Net Income (Common)
216
N/A
202
-7%
201
0%
200
0%
193
-4%
211
+9%
213
+1%
220
+3%
225
+2%
237
+6%
242
+2%
261
+8%
275
+5%
292
+6%
286
-2%
287
+0%
296
+3%
261
-12%
231
-12%
260
+13%
238
-8%
324
+36%
403
+24%
443
+10%
413
-7%
379
-8%
379
+0%
393
+4%
334
-15%
(770)
N/A
(1 044)
-36%
(1 188)
-14%
(1 122)
+6%
(245)
+78%
(41)
+83%
177
N/A
277
+56%
306
+11%
312
+2%
310
-1%
390
+26%
EPS (Diluted)
1.38
N/A
1.28
-7%
1.28
N/A
1.27
-1%
0.12
-91%
1.35
+1 025%
1.36
+1%
1.41
+4%
0.14
-90%
1.51
+979%
1.54
+2%
1.66
+8%
0.17
-90%
1.85
+988%
1.81
-2%
1.81
N/A
0.19
-90%
1.65
+768%
1.46
-12%
1.64
+12%
0.15
-91%
2.03
+1 253%
0.25
-88%
0.27
+8%
0.26
-4%
2.36
+808%
2.32
-2%
0.23
-90%
0.2
-13%
-0.46
N/A
-0.59
-28%
-0.7
-19%
-0.66
+6%
-0.14
+79%
-0.02
+86%
0.11
N/A
0.17
+55%
0.19
+12%
0.19
N/A
0.19
N/A
0.24
+26%

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