New Oriental Education & Technology Group Inc. (NWOEF) cash flow statement

NWOEFOTCServices-Educational ServicesFiscal year ends May 31Also trades as EDU

Financials through fiscal 2026, year ended May 31, 2026Last filing: 20-F on Sep 22, 2026Score 13/30

$4.52+0.00 (0.00%)

Close on Oct 19, 2026Market cap $7.80BP/E –Yield –

New Oriental Education & Technology Group Inc. cash flow statement

AnnualQuarterlyTTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2026 2026-05-31	FY 2025 2025-05-31	FY 2024 2024-05-31	FY 2023 2023-05-31	FY 2022 2022-05-31	FY 2021 2021-05-31	FY 2020 2020-05-31	FY 2019 2019-05-31	FY 2018 2018-05-31	FY 2017 2017-05-31	FY 2016 2016-05-31	FY 2015 2015-05-31	FY 2014 2014-05-31	FY 2013 2013-05-31	FY 2012 2012-05-31	FY 2011 2011-05-31	FY 2010 2010-05-31	FY 2009 2009-05-31
Depreciation & Amortization	172	140	101	117	192	226	146	110	77	54	47	47	44	39	26	16	12	10
Stock-Based Compensation	88	60	122	90	133	69	62	71	57	20	17	16	20	27	24	15	16	17
Deferred Income Taxes	-8.09	-29	-21	-32	92	-44	-8.63	-17	-13	-0.52	-1.94	-5.33	-2.19	-3.63	-3.26	-1.15	-1.87	-1.14
Change in Accounts Receivable	-2.75	-17	3.34	-3.87	-8.11	-4.63	-1.42	-0.51	0.77	-0.08	-0.19	-2.10	0.44	0.21	-2.16	0.31	-0.41	-0.66
Change in Inventory	-19	12	-41	-22	1.82	3.75	-3.28	6.03	-6.32	-5.38	-6.26	-1.75	-0.48	-1.66	-1.75	0.09	-1.98	-4.31
Change in Accounts Payable	39	-23	38	44	-15	13	0.08	-2.75	14	3.59	4.83	9.25	0.27	-0.70	-0.74	-2.07	1.75	2.14
Change in Unearned Revenue	158	164	468	469	-925	420	62	337	334	238	180	117	61	51	72	77	32	15
Operating Cash Flow	1,027	897	1,123	971	-1,280	1,130	804	806	781	623	524	374	361	284	249	216	142	97
Capital Expenditures	-247	-242	-249	-143	-151	-429	-310	-269	-214	-106	-64	-55	-32	-61	-72	-49	-20	-16
Acquisitions	–	–	–	0.89	–	-13	1.07	-36	-1.00	-0.91	–	-11	–	–	–	–	–	–
Sale of Property, Plant & Equipment	0.30	0.26	0.42	1.32	5.39	45	24	17	9.81	2.81	1.31	1.74	0.95	3.46	3.21	1.71	0.33	0.25
Purchase of Investments	-2,395	-2,845	-2,705	-2,088	-623	-4,361	-3,056	-3,725	-1,373	-1,432	-1,191	-204	-185	-1,795	-659	-140	–	–
Other Investing Activities	–	–	–	–	–	–	–	–	–	–	–	-33	-72	–	–	–	–	–
Investing Cash Flow	-458	-93	-1,154	-37	1,169	-2,178	-1,256	-575	-407	-672	-310	-173	-344	-238	-144	-198	-98	-22
Dividends Paid	-96	-98	–	–	–	–	–	–	-71	–	-63	–	-54	-47	–	–	–	–
Share Repurchases	-231	-445	-63	-192	–	–	–	-56	–	–	–	-59	-21	-29	–	–	-30	-35
Debt Issued	–	–	–	–	–	297	20	96	–	–	–	–	–	–	–	–	–	–
Debt Repaid	–	–	–	–	–	-120	–	–	–	–	–	–	–	–	–	–	–	–
Taxes Paid on Share-Based Awards	-19	-29	-17	-2.17	-7.96	-16	-9.85	-12	-7.24	-4.56	-6.42	–	–	–	–	–	–	–
Other Financing Activities	–	–	–	–	-1.08	–	0.06	–	–	–	–	–	–	–	–	–	–	–
Financing Cash Flow	-380	-585	-160	-247	-231	1,654	-18	267	-75	4.79	-0.92	-44	-54	-71	0.95	6.43	-18	-30
Foreign Exchange Rate Adjustments	90	9.84	-25	-76	-95	106	-29	-66	43	-24	-36	3.27	-8.43	14	4.45	12	-0.08	1.54
Net Change in Cash	279	228	-216	611	-438	713	-499	431	342	-68	178	160	-46	-11	111	36	26	46
Free Cash Flow	780	655	873	828	-1,431	701	495	537	567	517	460	319	330	222	178	167	122	81
Income Taxes Paid	169	148	109	55	53	144	136	75	57	37	32	24	27	13	11	7.98	5.82	7.43
Interest Paid	0.15	0.31	0.36	0.80	5.05	4.22	4.67	0.83	–	–	–	–	–	–	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at May 31, 2026

Profitability, FY2026

Gross margin: 54.6%
Operating margin: 11.4%
Net margin: 8.4%
Return on equity, FY2026: 12.4%

Financial strength

Current ratio: 1.50
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 46.8%

Valuation

P/E ratio: –
Price to sales: 1.38
Price to book: 1.96
Dividend yield: –

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