Autohome Inc. ADR (ATHM) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.31	$0.37	+19.4%	—	$1.2B	—
Q1 26	$0.24	$0.23	-4.2%	—	$1B	—
Q4 25	$1.94	$2.13	+9.8%	—	$1.5B	—
Q3 25	$0.47	$0.48	+2.1%	—	$1.8B	—
Q2 25	$0.54	$0.56	+3.7%	—	$1.8B	—
Q1 25	$0.45	$0.49	+8.9%	—	$1.5B	—
Q4 24	$0.51	$0.55	+7.8%	—	$1.8B	—
Q3 24	$0.54	$0.57	+5.6%	—	$249.2M	—
Q2 24	$0.56	$0.65	+16.1%	—	$1.9B	—
Q1 24	$0.49	$0.56	+14.3%	—	$1.6B	—
Q4 23	$0.56	$0.58	+3.6%	—	$1.9B	—
Q3 23	$0.62	$0.67	+8.1%	—	$1.9B	—
Q2 23	$0.59	$0.65	+10.2%	—	$1.8B	—
Q1 23	$0.52	$0.56	+7.7%	—	$1.5B	—
Q4 22	$0.68	$0.79	+16.2%	—	$1.9B	—
Q3 22	$0.55	$0.65	+18.2%	—	$1.8B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$11.8	—	—	$6.5B	—
FY24	—	$13.4	—	—	$7B	—
FY23	—	$15.4	—	—	$7.2B	—
FY22	—	$14.5	—	—	$6.9B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$6B	$6.2B	$7.2B	$8.4B	$8.7B	$7.2B	$6.9B	$7.2B	$7B	$6.5B
YoY change	+72.1%	+4.17%	+16.5%	+16.4%	+2.82%	-16.4%	-4.09%	+3.51%	-2.01%	-8.35%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	6B	6.2B	7.2B	8.4B	8.7B	7.2B	6.9B	7.2B	7B	6.5B
Cost of revenue	2.4B	1.4B	820.3M	960.3M	961.2M	1B	1.2B	1.4B	1.5B	1.8B
Gross profit	3.6B	4.9B	6.4B	7.5B	7.7B	6.2B	5.7B	5.8B	5.6B	4.7B
Gross margin	59.9%	78.1%	88.7%	88.6%	88.9%	85.5%	82.2%	80.3%	78.9%	72.4%
Research & development	571.4M	878.8M	1.1B	1.3B	1.4B	1.4B	1.4B	1.3B	1.3B	1.1B
Selling, general & administrative	1.8B	1.9B	2.8B	3.4B	3.6B	3.3B	3.4B	3.6B	3.5B	3B
Operating expenses	2.4B	2.8B	3.8B	4.5B	4.8B	4.6B	4.7B	4.9B	4.7B	4B
Operating income	1.2B	2.1B	2.9B	3.2B	3.1B	1.8B	1.2B	1.1B	1B	769.3M
Operating margin	19.6%	33%	39.7%	38.4%	36.4%	24.6%	18%	15.8%	14.3%	11.9%
Non-operating income, net	-6.6M	-10.6M	13.7M	685K	-1.2M	301K	-49.8M	29.1M	-109.1M	102.8M
Pretax income	1.2B	2.3B	3.2B	3.7B	3.5B	2.2B	1.8B	2B	1.7B	1.5B
Income tax	32.6M	267.1M	377.9M	500.4M	260.9M	34M	-61.8M	72.2M	63M	141.7M
Net income	1.2B	2B	2.9B	3.2B	3.3B	2.1B	1.8B	1.9B	1.6B	1.4B
Net margin	20.4%	32.1%	39.6%	38%	37.9%	29.6%	26.3%	26.8%	23.1%	21.5%
EBITDA	1.2B	2.1B	3B	3.5B	3.4B	2.2B	1.7B	1.5B	1.3B	1B
EPS	10.8	17.2	24.4	27	28.4	17.2	14.5	15.4	13.4	11.8
Diluted EPS	10.6	16.9	24.1	26.8	28.4	17.2	14.5	15.3	13.3	11.7

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.9B	1.9B	1.6B	1.9B	249.2M	1.8B	1.5B	1.8B	1.8B	1.5B	1B	1.2B
Cost of revenue	373.6M	367.9M	300.9M	346.1M	57.2M	428.6M	315.5M	503.4M	646M	318.9M	257M	274M
Gross profit	1.5B	1.5B	1.3B	1.5B	191.9M	1.4B	1.1B	1.3B	1.1B	1.1B	791.4M	924M
Gross margin	80.4%	80.8%	81.3%	81.5%	77%	76%	78.3%	71.4%	63.7%	78.2%	75.5%	77.1%
Research & development	355.2M	355.9M	336.1M	315.2M	47.6M	328M	274.1M	253M	278.6M	258M	273.9M	223.1M
Selling, general & administrative	1.1B	886.9M	790.8M	870.1M	142.3M	813.7M	674.7M	762.6M	745.8M	820.9M	626.2M	647.7M
Operating expenses	1.4B	1.4B	1B	1.1B	180.3M	1.3B	904.9M	958.1M	985.1M	1.2B	825.8M	794M
Operating income	166M	366.7M	276.1M	412.4M	11.6M	232.4M	233.4M	296.6M	147M	92.3M	-34.4M	130M
Operating margin	8.71%	19.2%	17.2%	22%	4.66%	13%	16.1%	16.9%	8.27%	6.31%	-3.28%	10.8%
Non-operating income, net	54.9M	7.4M	-49.1M	4.6M	1.8M	-77.4M	-11.6M	-322K	132.7M	-18M	-55.5M	42K
Pretax income	428.3M	569.9M	446.9M	606.1M	40.6M	344.1M	398.8M	461.4M	441.5M	230.1M	52.2M	262.9M
Income tax	-145.9M	127.6M	68.4M	102.2M	-19.5M	31.4M	56.3M	60.6M	18.4M	6.4M	25.2M	33.6M
Net income	574.2M	442.3M	378.5M	503.9M	60.1M	312.7M	342.5M	400.8M	423.1M	223.7M	27M	229.3M
Net margin	30.1%	23.1%	23.5%	26.9%	24.1%	17.5%	23.6%	22.8%	23.8%	15.3%	2.57%	19.1%
EBITDA	166M	366.7M	276.1M	412.4M	11.6M	232.4M	233.4M	296.6M	147M	92.3M	-34.4M	130M
EPS	4.6	3.56	3.12	4.2	3.52	2.52	2.88	3.4	3.56	1.92	0.4	2.2
Diluted EPS	4.6	3.56	3.12	4.2	3.48	2.48	2.84	3.4	3.56	1.92	0.4	2.2

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	20.9B	54.6B	66.7B	68.8B	86.5B	26.7B	27.7B	25.1B	—	2.6B	2.6B
Enterprise value	15.2B	46.4B	56.7B	56.1B	72.1B	6.1B	5.7B	1.8B	—	-16.6B	-16.6B
Shares outstanding	828.2M	843.8M	853.1M	859.7M	868.6M	906M	904.8M	895.2M	121.2M	117.5M	117.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	17.2	27.4	23.3	21.5	26.4	12.5	15.2	13	—	1.88	1.88
P/S	3.51	8.79	9.23	8.17	9.99	3.69	3.99	3.5	—	0.41	0.41
P/B	3.3	6.88	6.01	4.71	4.6	1.12	1.1	1	—	0.11	0.11
EV/EBITDA	12.3	21.7	19	16.1	21	2.76	3.42	1.19	—	-15.9	-15.9
EV/Sales	2.56	7.47	7.84	6.66	8.33	0.84	0.82	0.25	—	-2.57	-2.57
Earnings yield	5.81%	3.66%	4.29%	4.65%	3.79%	8.02%	6.59%	7.67%	—	53.1%	53.1%
FCF yield	7.09%	4.32%	4.49%	3.9%	3.54%	12.4%	8.84%	9.45%	—	29.5%	29.5%

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	59.9%	78.1%	88.7%	88.6%	88.9%	85.5%	82.2%	80.3%	78.9%	72.4%	72.4%
Operating margin	19.6%	33%	39.7%	38.4%	36.4%	24.6%	18%	15.8%	14.3%	11.9%	11.9%
Net margin	20.4%	32.1%	39.6%	38%	37.9%	29.6%	26.3%	26.8%	23.1%	21.5%	21.5%
ROE	19.1%	25.1%	25.8%	21.9%	17.4%	9%	7.27%	7.65%	6.44%	5.72%	5.72%
ROA	12.9%	16.2%	18.2%	16.7%	13.8%	7.55%	6.14%	6.24%	5.37%	4.91%	4.91%
ROIC	172.7%	-826.5%	241.4%	148.3%	66.5%	54.8%	40%	60.2%	48.7%	13.7%	13.7%
Return on tangible assets	19.2%	21.7%	22.6%	19.9%	22.3%	10.8%	8.58%	8.54%	7.35%	6.84%	6.84%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.92	2.64	3.16	4.12	4.39	5.85	6.02	5.03	5.56	6	6
Quick ratio	2.88	2.64	3.16	4.12	4.39	5.85	6.02	5.03	5.56	6	6
Debt / equity	0	—	—	0.01	0.01	0.01	0	0.01	0	0	0
Debt / assets	0	—	—	0	0.01	0	0	0.01	0	0	0
Net debt / EBITDA	-4.6	—	—	-3.66	-4.21	-9.31	-13.1	-15.7	-17.8	-18.4	-18.4
Effective tax rate	2.61%	11.8%	11.7%	13.5%	7.37%	1.56%	0%	3.61%	3.73%	9.25%	9.25%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	7.2	7.36	8.48	9.79	9.97	7.99	7.67	8.03	58.1	54.9	54.9
EPS (basic)	10.8	17.2	24.4	27	28.4	17.2	14.5	15.4	13.4	11.8	11.8
EPS (diluted)	10.6	16.9	24.1	26.8	28.4	17.2	14.5	15.3	13.3	11.7	11.7
Book value per share	7.67	9.4	13	17	21.7	26.3	27.7	28.1	207.9	206.7	206.7
FCF per share	1.79	2.79	3.51	3.12	3.52	3.65	2.71	2.65	10.2	6.56	6.56
Cash per share	6.91	9.66	11.8	14.9	16.8	22.9	24.4	26.3	192.3	163.7	163.7
Capex per share	0.11	0.1	0.13	0.24	0.3	0.24	0.13	0.09	1.12	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.48%	1.38%	1.56%	2.42%	3.04%	3.01%	1.65%	1.08%	1.93%	—	—
Capex / operating cash flow	6.98%	4.2%	4.65%	6.87%	7.5%	5.89%	5.76%	3.18%	9.09%	—	—
Payout ratio	0%	0%	20.8%	0%	19.9%	31.4%	23.1%	25.5%	91.2%	106.6%	106.6%
Dividend yield	0%	0%	0.89%	0%	0.75%	2.52%	1.52%	1.95%	—	56.6%	56.6%

Yield

—

trailing twelve months

Frequency

Annual

Last dividend

$0.66

ex-dividend Jul 2, 2026

Payout ratio

107%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 2, 2026	$0.66
Dec 31, 2024	$1.15
Jul 10, 2024	$0.57
Dec 28, 2023	$1.15
Mar 20, 2023	$0.58
Mar 18, 2022	$0.53
Feb 24, 2021	$0.87
Apr 14, 2020	$0.77

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$1.9B	$1.9B	$1.6B	$1.9B	$249.2M	$1.8B	$1.5B	$1.8B	$1.8B	$1.5B	$1B	$1.2B
YoY change	+3.4%	+0.96%	+4.92%	+2.16%	-86.9%	-6.7%	-9.65%	-6.11%	+613.6%	-18%	-27.9%	-31.9%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	5.7B	8.2B	10.1B	12.8B	14.6B	20.7B	22.1B	23.5B	23.3B	19.2B
Receivables	1.2B	1.9B	2.8B	3.2B	3.1B	2.1B	1.9B	1.5B	1.4B	1.5B
Inventory	95.6M	0	—	—	—	—	—	—	—	—
Total current assets	7.4B	10.3B	13.1B	16.4B	18.4B	23.3B	24.4B	25.5B	25.2B	21.2B
Property, plant & equipment	134.6M	130.3M	170.2M	362.8M	619.4M	514.9M	370.4M	400.2M	303M	253.2M
Goodwill & intangibles	3.1B	3.1B	3.1B	3.1B	9B	8.6B	8.4B	8.3B	8.1B	8B
Total assets	9.4B	12.3B	15.8B	19.2B	23.7B	28.4B	29.7B	30.8B	30.2B	28.3B
Accounts payable	—	—	—	—	—	—	—	—	—	—
Short-term debt	31.1M	—	—	52.8M	112.1M	96.2M	59.8M	107M	73.6M	39.2M
Total current liabilities	2.5B	3.9B	4.2B	4B	4.2B	4B	4.1B	5.1B	4.5B	3.5B
Long-term debt	—	—	—	23.1M	90.6M	28.6M	50.6M	89.2M	23.1M	2.9M
Total liabilities	3B	4.4B	4.6B	4.5B	4.9B	4.6B	4.6B	5.7B	5B	4B
Shareholders' equity	6.4B	7.9B	11.1B	14.6B	18.8B	23.8B	25.1B	25.2B	25.2B	24.3B
Total debt	31.1M	—	—	75.8M	202.7M	124.8M	110.4M	196.1M	96.7M	42.1M
Net debt	-3.3B	—	—	-1.9B	-1.5B	-4.1B	-2.7B	-4.8B	-1.6B	-2.1B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	23.4B	23.5B	23.6B	23.5B	3.2B	23.3B	21.9B	22.1B	21.9B	19.2B	18.4B	18.2B
Receivables	1.4B	1.5B	1.3B	1.4B	172M	1.4B	1.6B	1.5B	1.4B	1.5B	1.7B	1.4B
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	25.3B	25.5B	25.6B	25.4B	3.5B	25.2B	24B	24B	23.7B	21.2B	20.5B	20.3B
Property, plant & equipment	195.5M	400.2M	189.7M	194.1M	26.4M	303M	—	—	—	253.2M	—	210.5M
Goodwill & intangibles	4.2B	8.3B	4.1B	4.1B	574.1M	8.1B	4.1B	4B	4B	8B	4B	4B
Total assets	30.5B	30.8B	30.9B	30.6B	4.2B	30.2B	29B	28.9B	28.8B	28.3B	27.2B	26.6B
Accounts payable	—	—	—	—	—	—	—	—	—	—	—	—
Short-term debt	—	107M	—	—	—	73.6M	—	—	—	39.2M	—	—
Total current liabilities	4B	5.1B	4.7B	4.4B	474.5M	4.5B	3.3B	3.1B	3B	3.5B	2.5B	3B
Long-term debt	—	89.2M	—	—	—	23.1M	—	—	—	2.9M	—	—
Total liabilities	4.6B	5.7B	5.2B	4.9B	545.8M	5B	3.8B	3.6B	3.5B	4B	3B	3.5B
Shareholders' equity	25.9B	25.2B	25.6B	25.7B	3.7B	25.2B	25.3B	25.4B	25.3B	24.3B	24.2B	23.1B
Total debt	—	196.1M	—	—	—	96.7M	—	—	—	42.1M	—	—
Net debt	—	-4.8B	—	—	—	-1.6B	—	—	—	-2.1B	—	—

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	1.2B	2B	2.9B	3.2B	3.3B	2.1B	1.8B	1.9B	1.6B	1.4B
Depreciation & amortization	69.8M	88.8M	101.9M	241M	279.2M	431.2M	424M	352.6M	304.5M	273.4M
Stock-based compensation	195.4M	177.8M	202.3M	204M	211.2M	206.1M	168.9M	195.1M	192M	219M
Change in working capital	-113.2M	-234.6M	-810.8M	-761.7M	-300.8M	1.1B	-277.3M	15.9M	-580.7M	-341.6M
Operating cash flow	1.3B	2B	2.4B	3B	3.5B	3.7B	2B	2.4B	1.5B	889.5M
Capital expenditure	-88.3M	-85.6M	-113.1M	-203.5M	-263.5M	-217.8M	-114.8M	-77.6M	-136M	—
Investing cash flow	-514.9M	-4.9B	-3.3B	-1.2B	-3B	-3.8B	-3.1B	1B	-3.1B	2.3B
Dividends paid	0	0	-595.8M	0	-651.1M	-673.4M	-421.7M	-491M	-1.5B	-1.5B
Share repurchases	0	—	—	0	0	-31.2M	-719.1M	-633.8M	-223.1M	-1.1B
Financing cash flow	2.5M	0	-595.8M	0	-651.1M	2.9B	-1.1B	-1.1B	-1.7B	-2.5B
Net change in cash	752M	-2.9B	-1.5B	1.8B	-123.3M	2.7B	-2.3B	2.3B	-3.3B	620.3M
Free cash flow	1.5B	2.4B	3B	2.7B	3.1B	3.3B	2.4B	2.4B	1.2B	771.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 12	Q4 13
Net income	43.3M	122.7M
Depreciation & amortization	6.7M	9.5M
Stock-based compensation	8M	8.5M
Change in working capital	28M	107.1M
Operating cash flow	102.4M	241.1M
Capital expenditure	-2.1M	-9.6M
Investing cash flow	-2.1M	-9.6M
Dividends paid	0	0
Share repurchases	—	—
Financing cash flow	0	754K
Net change in cash	100.3M	232.2M
Free cash flow	153.3M	310.5M

Autohome Inc. ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement