profit from every $100 of sales.
$0$100
Full Truck Alliance
$8.69+2.36% today
-20.6% in 1 year
1-year low $7.541-year high $11.82
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $13.74 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Full Truck Alliance sold, what it kept, and what it did with the cash.
Sales went from CN¥6.73 billion in 2022 to CN¥12.5 billion in 2025, with CN¥4.41 billion of profit last year.
SalesProfit
Full Truck Alliance handed back 41% of the cash it generated last year.
CN¥1.4B
Free cash flow 2025CN¥4.5B
Bought back its own sharesCN¥407M
Paid as dividendsCN¥1.4B
Cash vs. debtCN¥6.1B vs. CN¥35M
Full Truck Alliance vs. similar companies
Full Truck Alliance grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Full Truck Alliance | 13.7× · Cheap | ||
 SAP | 34.4× · Expensive | ||
 Quhuo | No profit yet | ||
 Shopify | 153.7× · Very expensive | ||
 Salesforce | 24.0× · Fair price |
AI analysis
An AI analyst reads Full Truck Alliance's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 6,734 | 8,436 | 11,239 | 12,490 | |
| 3,219 | 4,317 | 6,138 | 7,871 | |
| -162 | 997 | 2,475 | 4,146 | |
| 596 | 1,072 | 2,553 | 4,246 | |
| 407 | 2,213 | 3,070 | 4,408 | |
| 0.40 | 2.00 | 3.00 | 4.20 | |
| 47.8% | 51.2% | 54.6% | 63.0% | |
| -2.4% | 11.8% | 22.0% | 33.2% | |
| 6.0% | 26.2% | 27.3% | 35.3% |
Balance sheet
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 36,696 | 39,348 | 41,287 | 44,322 |
| Cash | 5,137 | 6,771 | 5,810 | 6,066 |
| Total debt | 81 | 84 | 65 | 35 |
| Total liabilities | 2,889 | 3,453 | 3,152 | 3,050 |
| 33,657 | 35,605 | 37,677 | 40,031 | |
| 1,079 | 1,058 | 1,045 | 1,046 | |
| 1.2% | 2.2% | 5.2% | 8.2% | |
| 1.2% | 6.2% | 8.1% | 11.0% |
Cash flow
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -16 | 2,270 | 2,970 | 4,627 | |
| 86 | 100 | 75 | 130 | |
| -101 | 2,169 | 2,895 | 4,497 | |
| Dividends paid | 0 | 0 | 1,064 | 1,425 |
| 1,392 | 1,375 | 575 | 407 | |
| 919 | 442 | 497 | 282 |
Valuation
- 13.7×
- 1.9×
- 0.12
- 1.5×
- 4.8×
- 13.5×
- 12.8×
- 7.4%
- 7.3%
- 2.4%
Profitability
- 63.0%
- 33.2%
- 35.3%
- 36.5%
- 8.4%
- 4.3%
- 11.2%
- 9.9%
- 9.9%
- 7.0%
Growth
- +22.9%
- +119.0%
- +55.3%
- –
- −1.0%
Financial health
- -1.4×
- 0.00
- 0.1%
- –
- 8.09
- 8.09
- 0.28
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 46%of 964
Top 6%of 972
Top 13%of 727
Top 22%of 977
Top 17%of 981
What analysts expect
- Average price target
- $12.77
- Range
- $11.30 – $14.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 12, 2026 | 0.14 | 0.14 | +0.0% |
| Nov 17, 2025 | 0.13 | 0.14 | −7.1% |
| Aug 21, 2025 | 0.18 | 0.16 | +12.5% |
| May 21, 2025 | 0.18 | 0.17 | +5.9% |
| Mar 5, 2025 | 0.14 | 0.14 | +0.0% |
| Nov 20, 2024 | 0.17 | 0.14 | +21.4% |
| Aug 21, 2024 | 0.13 | 0.13 | +0.0% |
| May 21, 2024 | 0.10 | 0.09 | +11.1% |
2.4%of the share price, paid each year
On $1,000 invested$24a year at today's yield, before tax
–per share
Raised1 yearin a row, in our data
Paid per share, each year
$0.14 in 2024 → $0.19 in 2025
How safe it looks
32.3% of its profit
Room to growStretchedMore than it earns: 31.7%
News
‘I’m sick of flying’: I paid for priority boarding, but the overhead bins were full. Was I duped?MarketWatch · Nov 14, 2026Intellicheck signals full-year 2026 profitability while expanding channel partnerships amid largest-customer volume volatilitySeeking Alpha · Nov 12, 2026Black Rock Coffee Bar raises its full-year store growth targetSeeking Alpha · Nov 11, 2026Among full-size SUVs, the 2027 Ford Expedition is worth a look for its spacious seating and mighty engineMarketWatch · Nov 11, 2026Wix outlines full-year 2026 ~16% free cash flow margin as Base44 nears $250M ARR and Q4 S&M risesSeeking Alpha · Nov 10, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
6/7Passes 6 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
73Pass
Benjamin Graham
90Pass
Philip Fisher
96Pass
Peter Lynch
100Pass
Joel Greenblatt
46No pass
Charlie Munger
74Pass
Terry Smith
71Pass
Questions about Full Truck Alliance
Is Full Truck Alliance a good stock to buy?
A strong, very profitable business, and the price looks low. 6 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Full Truck Alliance AI analysis
What does Full Truck Alliance do?
Full Truck Alliance Co. Ltd., together with its subsidiaries, operates a digital freight platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types in the People's Republic of China and Hong Kong. It is in Software - Application, based in Guiyang, China, with 8,251 employees.
Does Full Truck Alliance pay a dividend?
Yes. At today's price the dividend is 2.4% a year, about 32% of its yearly profit. In 2025 it paid out $1.43 billion in dividends.
Is Full Truck Alliance stock halal?
Yes. Full Truck Alliance passes our halal screen: its business is permitted and its debt is under 0.1% of its market value, under the 30% limit. How we check
How has Full Truck Alliance stock done over the past year?
Down 20.6% over the past twelve months, to $8.69. It traded between $7.54 and $11.82 and is 26.5% below its high.
Who are Full Truck Alliance's competitors?
The largest listed companies in the same industry are SAP, Quhuo, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with Full Truck Alliance's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.