Total Debt for PDD Holdings (PDD)
According to PDD Holdings's latest reported financial statements, the company's latest reported total debt is $5.38B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
PDD
Currently viewingTotal DebtSwitch metric
Latest period
$5.38B
YoY change
-49.3%
5Y CAGR
-20.5%
Peak year (2020)
$16.97B
Latest annual
$5.38B
Total Debt history chart for PDD Holdings (PDD) from 2016 to 2025
Total Debt history table for PDD Holdings (PDD) from 2016 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $5.38B | -49.3% | ||
| 2024 | $10.61B | +4.3% | ||
| 2023 | $10.17B | -40.0% | ||
| 2022 | $16.93B | +32.7% | ||
| 2021 | $12.76B | -24.8% | ||
| 2020 | $16.97B | +155.2% | ||
| 2019 | $6.65B | — | ||
| 2018 | $0 | — | ||
| 2017 | $0 | — | ||
| 2016 | $0 | — |
Total Debt values are taken from PDD Holdings's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in CNY as filed.
Analysis
In 2025, PDD Holdings (PDD) total debt totalled $5.38B – plunged 49.3% year-over-year.
Looking at the 2020–2025 (5 years) stretch, PDD Holdings total debt compounded at -20.5% per year, with a net decline across the window.
Across the available history, total debt reached its high of $16.97B in 2020 and its low of $0 in 2016.
PDD Holdings (PDD) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $37.05B.
PDD Holdings Total Debt by Year
PDD Holdings Total Debt 2025: $5.38B
PDD Holdings total debt in 2025 was $5.38B, plunged 49.3% below 2024.
PDD Holdings Total Debt 2024: $10.61B
PDD Holdings total debt in 2024 was $10.61B, edged up 4.3% from 2023.
PDD Holdings Total Debt 2023: $10.17B
PDD Holdings total debt in 2023 was $10.17B, plunged 40.0% below 2022.
PDD Holdings Total Debt 2022: $16.93B
PDD Holdings total debt in 2022 was $16.93B, surged 32.7% from 2021.
PDD Holdings Total Debt 2021: $12.76B
PDD Holdings total debt in 2021 was $12.76B.
See more financial history for PDD Holdings (PDD).
Sector peers — Total Debt
Companies in the same sector as PDD Holdings, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $248.49B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $152.99B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $65.35B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $54.81B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $19.29B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $13.49B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $8.38B | Consumer Cyclical |
| Lowe's Companies, Inc. (LOW) | $7.19B | Consumer Cyclical |
Frequently asked questions
What is PDD Holdings's total debt?
- Latest reported total debt for PDD Holdings (PDD) is $5.38B (period ending December 31, 2025).
How has PDD Holdings total debt changed year-over-year?
- PDD Holdings (PDD) total debt changed -49.3% year-over-year on the latest annual filing.
What is the long-term growth rate of PDD Holdings total debt?
- PDD Holdings (PDD) total debt compound annual growth rate is -20.5% over the most recent 5 years available.
When did PDD Holdings total debt hit its highest annual value?
- PDD Holdings total debt reached its highest annual value of $16.97B in 2020.
What was PDD Holdings total debt in 2024?
- PDD Holdings (PDD) total debt in 2024 was $10.61B.
What was PDD Holdings total debt in 2025?
- PDD Holdings (PDD) total debt in 2025 was $5.38B.
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