JD.com (JD) Stock Analysis

November 11, 2026

This is a peer-relative look at JD.com (JD): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Consumer Discretionary Distribution & Retail peers, so every number reads in context rather than in isolation.

Company Profile

JD.com (JD) trades as an ADR rather than ordinary local shares — read it with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile fields for JD.com (JD)
Profile Item	JD
Name	JD.com, Inc. Sponsored ADR
Country/Region	China
GICS Sector	Consumer Discretionary
GICS Industry Group	Consumer Discretionary Distribution & Retail
GICS Industry	Broadline Retail
GICS Sub-Industry	Broadline Retail
Market Capitalization	39.31 billion USD
Currency	USD
Exchange	Nasdaq
Listing Date	May 22, 2014
Security Type	ADR

Price Performance

Cumulative Growth

GSPC

JD.com (JD) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for JD.com (JD) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for JD.com (JD) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

JD.com (JD) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: JD	Industry group median
Total Return (1Y)	-7.92%	9.80%
Total Return (3Y, Annualized)	6.38%	9.74%
Total Return (5Y, Annualized)	-16.01%	-0.72%

Risk Profile

Drawdown History

GSPC

JD.com (JD) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for JD.com (JD) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

JD.com (JD) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: JD	Industry group median
Volatility (1Y, Annualized)	30.03%	48.29%
Beta (5Y)	0.27	1.08
Max Drawdown (5Y)	-75.63%	-68.45%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. JD is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

JD.com (JD) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: JD	Industry group median
Sharpe Ratio (1Y)	-0.41	0.10
Sortino Ratio (1Y)	-0.63	0.16

Profitability

ROE (TTM)

JD.com (JD) posts ROE of 6.79%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

JD

Consumer Discretionary Distribution & Retail industry group

6.79%

Group distribution

Max: 62.17%
Q3: 29.44%
Median: 15.69%
JD: 6.79%
Q1: 6.73%
Min: -12.16%

Largest peers

HD: 104.30%
TJX: 62.17%
AMZN: 27.42%
PDD: 22.75%
JD: 6.79%
BABA: 6.36%
LOW: --

Where JD.com (JD) stands on ROE within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

JD.com (JD) keeps 1.13% of revenue as net profit, in the lower peer quartile for net margin. More of each sales dollar is being absorbed by costs, financing, taxes, or other charges than at most peers.

JD

Consumer Discretionary Distribution & Retail industry group

1.13%

Group distribution

Max: 16.94%
Q3: 8.69%
Median: 3.55%
Q1: 1.14%
JD: 1.13%
Min: -9.41%

Largest peers

PDD: 20.43%
AMZN: 16.90%
TJX: 9.73%
HD: 8.41%
LOW: 7.35%
BABA: 7.04%
JD: 1.13%

Where JD.com (JD) stands on net margin within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

JD.com (JD) turns 1.20% of revenue into operating profit, in the lower peer quartile for operating margin. Operating costs are taking a larger share of sales than they do at most peers.

JD

Consumer Discretionary Distribution & Retail industry group

1.20%

Group distribution

Max: 21.45%
Q3: 10.89%
Median: 5.57%
Q1: 2.28%
JD: 1.20%
Min: -7.12%

Largest peers

PDD: 24.71%
AMZN: 13.90%
LOW: 13.37%
HD: 12.86%
TJX: 10.91%
BABA: 7.30%
JD: 1.20%

Where JD.com (JD) stands on operating margin within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

JD.com (JD) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: JD	Industry group median
ROE (TTM)	6.79%	15.69%
ROA (TTM)	0.19%	5.18%
Net Margin (TTM)	1.13%	3.55%
Operating Margin (TTM)	1.20%	5.57%
Gross Margin (TTM)	9.42%	38.87%

Growth

Revenue Growth

JD.com (JD) grew revenue 12.97%, in the upper peer quartile. The top line is expanding faster than at most industry peers, which points to share gains or stronger pricing.

JD.com (JD): Revenue Growth across different time periods, set against Consumer Discretionary Distribution & Retail industry-group medians.

EPS Growth

JD.com (JD) grew earnings per share -51.97%, in the lower peer quartile. Per-share profits are advancing more slowly than at most peers, so margins, costs, or share count deserve a closer look.

JD.com (JD): EPS Growth across different time periods, set against Consumer Discretionary Distribution & Retail industry-group medians.

Growth Metrics

JD.com (JD) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: JD	Industry group median
Revenue Growth (YoY)	12.97%	5.64%
Revenue Growth (3Y CAGR)	7.76%	3.32%
EPS Growth (YoY)	-51.97%	0.28%
EPS Growth (3Y CAGR)	26.19%	-5.08%

Financial Strength

Current Ratio (MRQ)

JD.com (JD) has current ratio of 1.14, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

JD

Consumer Discretionary Distribution & Retail industry group

1.14

Group distribution

Max: 2.62
Q3: 1.75
Median: 1.35
JD: 1.14
Q1: 1.00
Min: 0.48

Largest peers

PDD: 2.62
BABA: 1.36
TJX: 1.15
JD: 1.14
LOW: 1.11
HD: 1.08
AMZN: 0.99

Where JD.com (JD) stands on current ratio within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

JD.com (JD) has debt-to-equity ratio of 0.37, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.

JD

Consumer Discretionary Distribution & Retail industry group

0.37

Group distribution

Max: 3.93
Q3: 2.14
Median: 1.25
Q1: 0.73
JD: 0.37
Min: 0.01

Largest peers

HD: 3.80
TJX: 1.34
AMZN: 0.50
JD: 0.37
BABA: 0.24
PDD: 0.01
LOW: --

Where JD.com (JD) stands on debt-to-equity ratio within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

JD.com (JD) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: JD	Industry group median
Current Ratio (MRQ)	1.14	1.35
Debt / Equity (MRQ)	0.37	1.25
Net Debt / EBITDA	-9.86	2.50

Dividends

Dividend Yield (TTM)

JD.com (JD) has dividend yield of 24.42%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.

JD

Consumer Discretionary Distribution & Retail industry group

24.42%

Group distribution

JD: 24.42%
Max: 5.84%
Q3: 2.50%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

JD: 24.42%
BABA: 6.70%
LOW: 2.13%
HD: 1.32%
TJX: 1.31%
AMZN: 0.00%
PDD: 0.00%

Where JD.com (JD) stands on dividend yield within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

JD.com (JD) has payout ratio of 70.39%, above the industry’s usual payout band. A larger share of earnings is going to dividends, so the cushion narrows if profit weakens.

JD

Consumer Discretionary Distribution & Retail industry group

70.39%

Group distribution

Max: 72.73%
JD: 70.39%
Q3: 32.44%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

JD: 70.39%
HD: 64.80%
LOW: 41.00%
TJX: 32.50%
BABA: 25.44%
AMZN: 0.00%
PDD: 0.00%

Where JD.com (JD) stands on payout ratio within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

JD.com (JD) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: JD	Industry group median
Dividend Yield (TTM)	24.42%	0.00%
Dividend Payout Ratio (TTM)	70.39%	0.00%

Valuation

P/E Ratio (TTM)

JD.com (JD) trades at P/E ratio of 20.36, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

JD

Consumer Discretionary Distribution & Retail industry group

20.36

Group distribution

Max: 40.50
Q3: 24.26
JD: 20.36
Median: 19.23
Q1: 12.64
Min: 4.67

Largest peers

BABA: 26.50
TJX: 25.06
HD: 24.04
AMZN: 20.96
JD: 20.36
LOW: 18.98
PDD: 9.34

Where JD.com (JD) stands on P/E ratio within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

JD.com (JD) trades at 0.03 on P/S ratio, in the lower sales-valuation quartile for its industry. That points to a cheaper revenue stream than most peers, with margin quality still doing the heavy lifting.

JD

Consumer Discretionary Distribution & Retail industry group

0.03

Group distribution

Max: 4.32
Q3: 1.99
Median: 0.70
Q1: 0.26
JD: 0.03
Min: 0.03

Largest peers

AMZN: 3.52
TJX: 2.39
HD: 2.03
LOW: 1.39
PDD: 0.26
BABA: 0.26
JD: 0.03

Where JD.com (JD) stands on P/S ratio within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

JD.com (JD) trades at 1.19 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

JD

Consumer Discretionary Distribution & Retail industry group

1.19

Group distribution

Max: 10.96
Q3: 5.26
Median: 2.16
JD: 1.19
Q1: 1.08
Min: -4.45

Largest peers

HD: 20.63
TJX: 13.99
AMZN: 4.57
PDD: 1.74
BABA: 1.63
JD: 1.19
LOW: -16.94

Where JD.com (JD) stands on P/B ratio within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

JD.com (JD) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: JD	Industry group median
P/E Ratio (TTM)	20.36	19.23
P/S Ratio (TTM)	0.03	0.70
P/B Ratio (MRQ)	1.19	2.16
Free Cash Flow Yield (TTM)	41.03%	3.57%