New Oriental Education & Technology Group Past Earnings Performance
Past criteria checks 2/6
New Oriental Education & Technology Group has been growing earnings at an average annual rate of 40.3%, while the Consumer Services industry saw earnings growing at 26% annually. Revenues have been growing at an average rate of 7.9% per year. New Oriental Education & Technology Group's return on equity is 10.3%, and it has net margins of 7.8%.
Key information
40.31%
Earnings growth rate
40.38%
EPS growth rate
| Consumer Services Industry Growth | 20.27% |
| Revenue growth rate | 7.92% |
| Return on equity | 10.30% |
| Net Margin | 7.82% |
| Last Earnings Update | 28 Feb 2026 |
Recent past performance updates
Recent updates
EDU: Lower Discount Rate And Buybacks Will Support Higher Future P/E
The analyst price target for New Oriental Education & Technology Group has shifted to $70.80 from $68.34, with analysts pointing to updated fair value estimates, a slightly lower discount rate, and an adjusted future P/E assumption around $20.38 as key drivers of the change. Analyst Commentary Recent Street research points to a modest price target increase of $1.90, which aligns with the updated $70.80 target and reflects refined assumptions on fair value, discount rate, and future P/E around 20.38.
EDU: Higher Guidance And Mixed Sentiment Will Test Earnings Execution
Analysts have raised their price targets on New Oriental Education & Technology Group by about $3. This reflects updated assumptions that include higher potential revenue growth, stronger profit margins, and a slightly lower future P/E, supported by recent positive Street research.EDU: Margin Discipline And Buybacks Will Support Higher Forward Earnings Multiple
Analysts have lifted their price target on New Oriental Education & Technology Group by $4.20, citing updated valuation work and recent supportive research that reflects slightly adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts view the higher price target as reflecting updated work on valuation inputs, including discount rate assumptions and future P/E levels that they see as more in line with current research.EDU: Margin Assumptions And Buybacks Will Support Higher Future Earnings Multiple
Analysts have increased their price target on New Oriental Education & Technology Group by about $4, reflecting updated views on fair value, profit margin assumptions and a slightly higher future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts point to the higher price target as a reflection of confidence in the company’s ability to support current valuation through profit margin assumptions that they see as achievable.
EDU: Higher Margins And Buybacks Will Support Future Upside Potential
Analysts have raised their price target on New Oriental Education & Technology Group by $4.20, citing updated assumptions around revenue growth, margins and discount rates. These changes modestly adjust their P/E outlook while keeping fair value unchanged at $80.00.EDU: Elevated Expectations Around New Offerings Will Expose Execution Risks
Analysts have raised their price target for New Oriental Education & Technology Group to $51.33 from $38.90, citing updated assumptions around revenue growth, profit margins and future P/E that they say are now more in line with recent Street research from major banks. Analyst Commentary Recent Street research highlights a mix of optimism and caution around New Oriental Education & Technology Group, with some analysts focusing on upside scenarios while others flag execution and valuation risks at the updated US$51.33 price target.EDU: Higher Margin Outlook And Buyback Activity Will Support Upside Potential
Analysts have lifted their fair value estimate for New Oriental Education & Technology Group from US$76.15 to US$80.00, citing updated assumptions for discount rate, revenue growth, profit margins, and future P/E multiples, supported by recent price target increases and upgrades from the Street. Analyst Commentary Recent Street research points to a more constructive stance on New Oriental Education & Technology Group, with bullish analysts highlighting a mix of valuation support and execution on core priorities.Results: New Oriental Education & Technology Group Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Jan 31
New Oriental Education: A 'Buy' With Beat And Raise Quarter (Rating Upgrade)
Jan 30EDU: Margin Expansion And Buybacks Will Drive High Visibility Earnings Compounding
Analysts have lifted their price target on New Oriental Education & Technology Group to $68 from $60, citing faster revenue growth, expanding margins, and what they view as a return to more predictable earnings compounding. Analyst Commentary Bullish Takeaways Bullish analysts point to faster revenue growth in fiscal Q1 as a key support for the higher US$68 price target, suggesting the business is executing well against its current model.EDU: Margin Expansion And Buybacks Will Support High Visibility Earnings Compounding
Analysts have raised their 12 month price target for New Oriental Education & Technology Group to about US$68 from around US$60, citing faster fiscal Q1 revenue growth, margin expansion, and what they view as strong visibility on the company compounding earnings. Analyst Commentary Bullish Takeaways Bullish analysts point to the higher 12 month price target of about US$68 as a reflection of improved confidence in the company execution and earnings power.EDU: Expanding Margins Will Drive High Visibility Earnings Compounding Ahead
Analysts have nudged their price target on New Oriental Education & Technology Group higher to approximately $68 from about $60, citing accelerating revenue growth, expanding margins, and growing confidence that the company can consistently compound earnings with better than expected overseas performance. Analyst Commentary Recent research updates highlight a constructive shift in sentiment toward New Oriental Education & Technology Group, driven by faster top line growth, improving profitability, and better earnings visibility.EDU: Expanding Margins Will Drive High Visibility Earnings Compounding Ahead
Analysts have modestly lifted their price targets on New Oriental Education & Technology Group, with increases ranging from about $2 to $8 per share, citing accelerating revenue growth, expanding margins, and resilient earnings visibility despite pockets of structural weakness in overseas study programs. Analyst Commentary Street research remains broadly constructive on New Oriental Education & Technology Group, with most recent target price revisions modestly upward and accompanied by reinforcing commentary on growth durability, margin trajectory, and earnings visibility.EDU: Accelerating Revenue And Expanding Margins Will Sustain Strong Earnings Momentum
Analysts have modestly increased their price target for New Oriental Education & Technology Group, raising it by approximately $0.72 to $64.49. They cite improved revenue growth, resilient domestic operations, and expanding margins as factors supporting their outlook.EDU: Core Business Resilience And Expanding Margins Will Drive Renewed Earnings Compounding
Analysts have raised their price target for New Oriental Education & Technology Group from approximately $58.31 to $63.77. They highlight accelerated revenue growth, improved margins, and resilience in core business units as primary drivers for the upward revision.New Oriental Education & Technology Group Inc. (NYSE:EDU) Analysts Are Pretty Bullish On The Stock After Recent Results
Oct 31Analysts Raise Price Target for New Oriental Amid Resilient Margins and Mixed Growth Outlook
Analysts have modestly raised their price target for New Oriental Education & Technology Group to approximately $58, reflecting expectations for higher margins and resilient domestic revenues, even with overseas headwinds. Analyst Commentary Analyst outlooks on New Oriental Education & Technology Group reflect a mix of optimism and caution, shaped by both promising developments and ongoing structural challenges.Take Care Before Diving Into The Deep End On New Oriental Education & Technology Group Inc. (NYSE:EDU)
Jul 26New Oriental Education & Technology Group (NYSE:EDU) Has A Rock Solid Balance Sheet
Jul 11New Oriental Education & Technology Group (NYSE:EDU) Has Some Way To Go To Become A Multi-Bagger
May 17New Oriental Education: Learning The Hard Lessons Of A Tougher Market
Apr 29New Oriental Education: The Defensive Illusion Unravels Amid Macro Struggles
Jan 29New Oriental Education: Not As Defensive As It Seems
Oct 29New Oriental Education: Capital Return Improvement And Margin Expansion Are Potential Catalysts
Sep 20
Oriental's Critical Expansion And Innovation Fuel Revenue And Market Share Growth
Strategic initiatives like expanding into non-academic tutoring and tourism-related businesses, alongside technology investments, aim to boost growth and market share.New Oriental Education: Anticipating A Q4 Results Beat (Rating Upgrade)
Jul 12New Oriental Education: Emerges Stronger After Regulation Reset, Initiate With Buy
Apr 10East Buy Drama Offers Lesson On The Power Of Key Influencers
Jan 05Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How New Oriental Education & Technology Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 28 Feb 26 | 5,375 | 420 | 2,345 | 0 |
| 30 Nov 25 | 5,141 | 381 | 2,291 | 0 |
| 31 Aug 25 | 4,988 | 367 | 2,244 | 0 |
| 31 May 25 | 4,900 | 372 | 2,228 | 0 |
| 28 Feb 25 | 4,794 | 392 | 2,191 | 0 |
| 30 Nov 24 | 4,818 | 392 | 2,113 | 0 |
| 31 Aug 24 | 4,649 | 390 | 2,017 | 0 |
| 31 May 24 | 4,314 | 310 | 1,912 | 0 |
| 29 Feb 24 | 4,037 | 312 | 1,749 | 0 |
| 30 Nov 23 | 3,584 | 306 | 1,618 | 0 |
| 31 Aug 23 | 3,353 | 277 | 1,497 | 0 |
| 31 May 23 | 2,998 | 177 | 1,398 | 0 |
| 28 Feb 23 | 2,661 | -41 | 904 | 0 |
| 30 Nov 22 | 2,521 | -245 | 988 | 0 |
| 31 Aug 22 | 2,541 | -1,182 | 1,599 | 0 |
| 31 May 22 | 3,105 | -1,188 | 1,878 | 0 |
| 28 Feb 22 | 3,793 | -1,044 | 2,651 | 0 |
| 30 Nov 21 | 4,370 | -770 | 2,822 | 0 |
| 31 Aug 21 | 4,599 | 220 | 2,350 | 0 |
| 31 May 21 | 4,277 | 334 | 2,086 | 0 |
| 28 Feb 21 | 3,863 | 393 | 1,784 | 0 |
| 30 Nov 20 | 3,596 | 379 | 1,642 | 0 |
| 31 Aug 20 | 3,493 | 379 | 1,577 | 0 |
| 31 May 20 | 3,579 | 413 | 1,591 | 0 |
| 29 Feb 20 | 3,623 | 443 | 1,588 | 0 |
| 30 Nov 19 | 3,497 | 403 | 1,544 | 0 |
| 31 Aug 19 | 3,308 | 324 | 1,471 | 0 |
| 31 May 19 | 3,096 | 238 | 1,413 | 0 |
| 28 Feb 19 | 2,955 | 260 | 1,369 | 0 |
| 30 Nov 18 | 2,776 | 231 | 1,296 | 0 |
| 31 Aug 18 | 2,646 | 261 | 1,222 | 0 |
| 31 May 18 | 2,447 | 296 | 1,119 | 0 |
| 28 Feb 18 | 2,233 | 286 | 1,009 | 0 |
| 30 Nov 17 | 2,053 | 286 | 915 | 0 |
| 31 Aug 17 | 1,927 | 292 | 840 | 0 |
| 31 May 17 | 1,800 | 274 | 788 | 0 |
| 28 Feb 17 | 1,708 | 261 | 751 | 0 |
| 30 Nov 16 | 1,617 | 242 | 713 | 0 |
| 31 Aug 16 | 1,554 | 237 | 690 | 0 |
| 31 May 16 | 1,478 | 225 | 669 | 0 |
| 29 Feb 16 | 1,412 | 219 | 639 | 0 |
| 30 Nov 15 | 1,353 | 212 | 609 | 0 |
| 31 Aug 15 | 1,311 | 209 | 589 | 0 |
| 31 May 15 | 1,247 | 193 | 567 | 0 |
Quality Earnings: EDU has high quality earnings.
Growing Profit Margin: EDU's current net profit margins (7.8%) are lower than last year (8.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EDU's earnings have grown significantly by 40.3% per year over the past 5 years.
Accelerating Growth: EDU's earnings growth over the past year (7.3%) is below its 5-year average (40.3% per year).
Earnings vs Industry: EDU earnings growth over the past year (7.3%) did not outperform the Consumer Services industry 15%.
Return on Equity
High ROE: EDU's Return on Equity (10.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/01 13:03 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2026/02/28 |
| Annual Earnings | 2025/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
New Oriental Education & Technology Group Inc. is covered by 48 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amy Junker | Baird |
| Yanfang Jiang | Benchmark Company |
| Lucy Yu | BofA Global Research |