Free Trial
→ New “Trump” currency proposed in DC (From Paradigm Press) (Ad) Buy BIDU Stock  Free BIDU Stock Alerts

Baidu (BIDU) Financials

Baidu logo
$82.73 +4.26 (+5.43%)
Closing price 04/11/2025 04:00 PM Eastern
Extended Trading
$82.53 -0.20 (-0.25%)
As of 04/11/2025 08:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Compare
Annual Income Statements for Baidu

Annual Income Statements for Baidu

This table shows Baidu's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders		 2,122 5,125 1,668 2,808 4,013 295 3,456 1,605 1,096 2,861 3,255
Consolidated Net Income / (Loss)		 1,970 4,938 1,663 2,806 3,287 -329 2,926 1,191 1,092 3,035 3,312
Net Income / (Loss) Continuing Operations		 1,970 4,938 1,663 2,806 3,287 -329 2,926 1,191 1,092 3,035 3,312
Total Pre-Tax Income 		2,329 5,771 2,080 3,266 3,977 -49 3,551 1,691 1,466 3,549 3,921
Total Operating Income		 2,059 1,777 1,441 2,408 2,260 906 2,206 1,651 2,307 3,078 2,914
Total Gross Profit		 4,851 5,926 5,057 6,406 7,355 6,398 7,985 9,443 8,661 9,798 9,182
Total Revenue		 7,887 10,107 10,116 13,014 14,887 15,422 16,469 19,536 17,931 18,958 18,238
Operating Revenue		 7,798 9,749 10,116 13,014 14,887 15,422 16,469 19,536 17,931 18,958 18,238
Total Cost of Revenue		 3,037 4,180 5,058 6,608 7,531 9,024 8,484 10,092 9,270 9,159 9,056
Operating Cost of Revenue		 3,037 4,180 5,058 6,608 7,531 9,024 8,484 10,092 9,270 9,159 9,056
Total Operating Expenses		 2,792 4,149 3,617 3,998 5,095 5,493 5,779 7,793 6,355 6,720 6,268
Selling, General & Admin Expense		 1,669 2,600 2,161 2,014 2,799 2,859 2,778 3,880 2,974 3,313 3,236
Research & Development Expense		 1,122 1,549 1,456 1,984 2,296 2,634 3,001 3,913 3,380 3,407 3,032
Total Other Income / (Expense), net		 270 3,994 640 858 1,717 -954 1,346 41 -841 471 1,007
Interest Expense		 101 158 166 248 274 425 477 537 422 457 387
Interest & Investment Income		 317 360 189 474 636 690 478 725 629 593 996
Other Income / (Expense), net		 54 3,792 617 632 1,355 -1,219 1,345 -147 -1,047 335 398
Income Tax Expense		 359 834 418 460 690 280 625 500 374 514 609
Net Income / (Loss) Attributable to Noncontrolling Interest		 -152 -188 -5.16 -1.99 -726 -624 -530 -413 -3.62 174 57
Basic Earnings per Share		 $787.25 $2,004.58 $670.89 $169.98 $98.30 $7.10 $81.92 $35.80 $3.63 $9.83 $1.56
Weighted Average Basic Shares Outstanding		 62.61M 62.35M 61.93M 62.19M 5.01B 5.00B 4.89B 4.96B 5.01B 5.09B 5.06B
Diluted Earnings per Share		 $784.20 $1,998.13 $669.10 $168.88 $97.53 $7.00 $81.22 $35.09 $3.60 $9.70 $1.55
Weighted Average Diluted Shares Outstanding		 70.40M 70.07M 69.51M 69.90M 5.63B 5.58B 5.51B 5.63B 5.62B 5.67B 5.60B
Weighted Average Basic & Diluted Shares Outstanding		 35.11M 34.61M 34.73M 34.82M 34.93M 34.58M 2.16B 2.76B 2.80B 2.81B 2.76B

Quarterly Income Statements for Baidu

No quarterly income statements for Baidu are available.

Annual Cash Flow Statements for Baidu

This table details how cash moves in and out of Baidu's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents		 669 -593 166 18 2,691 662 323 1,747 2,547 -3,896 -135
Net Cash From Operating Activities		 2,884 3,010 3,223 5,037 5,235 4,086 3,722 3,158 3,794 5,157 2,909
Net Cash From Continuing Operating Activities		 2,884 3,010 3,223 5,037 5,235 4,086 3,722 3,158 3,794 5,157 2,909
Net Income / (Loss) Continuing Operations		 1,970 4,938 1,663 2,806 3,287 -329 2,926 1,191 1,092 3,035 3,312
Consolidated Net Income / (Loss)		 1,970 4,938 1,663 2,806 3,287 -329 2,926 1,191 1,092 3,035 3,312
Depreciation Expense		 358 439 495 584 543 806 888 923 939 1,041 938
Amortization Expense		 281 453 760 1,343 386 522 781 2,617 1,973 1,981 1,874
Non-Cash Adjustments To Reconcile Net Income		 -194 -3,814 -634 -503 101 3,610 -769 -1,699 244 -932 -1,457
Changes in Operating Assets and Liabilities, net		 470 994 940 807 918 -524 -104 126 -454 32 -1,757
Net Cash From Investing Activities		 -3,613 -4,814 -5,149 -11,807 -5,016 -2,868 -4,238 -4,934 -572 -7,098 -1,172
Net Cash From Continuing Investing Activities		 -3,613 -4,814 -5,149 -11,802 -5,016 -2,868 -4,238 -4,934 -572 -7,098 -1,172
Purchase of Property, Plant & Equipment		 -776 -801 -601 -733 -1,277 -923 -782 -1,710 -1,201 -1,576 -1,114
Acquisitions		 -304 -433 -907 -1,479 -2,253 -1,962 -407 -1,981 -18 -31 -17
Purchase of Investments		 -21,734 -27,755 -34,836 -48,557 -50,459 -49,488 -45,630 -31,462 -26,844 -28,660 -41,881
Sale and/or Maturity of Investments		 19,199 24,762 31,772 42,356 47,835 49,572 42,657 30,208 27,562 23,361 42,167
Other Investing Activities, net		 -0.69 -53 -586 -3,389 1,138 -67 -77 11 -71 -193 -326
Net Cash From Financing Activities		 1,385 1,184 2,072 6,837 2,195 -556 871 3,671 -926 -1,995 -1,885
Net Cash From Continuing Financing Activities		 1,385 1,184 2,072 6,837 2,195 -556 871 3,671 -926 -1,995 -1,885
Repayment of Debt		 -68 -345 -435 -520 -2,386 -350 -730 -2,333 -1,931 -4,137 -4,278
Repurchase of Common Equity		 0.00 -971 0.00 -264 -482 -712 -2,008 -1,190 -279 -671 -866
Issuance of Debt		 1,279 1,929 1,417 4,138 5,402 527 2,600 3,703 909 2,262 3,230
Issuance of Preferred Equity		 - - - - 0.00 0.00 257 774 176 49 84
Issuance of Common Equity		 297 537 95 621 2,284 58 717 3,226 178 487 5.62
Other Financing Activities, net		 31 34 995 2,863 -2,623 -79 35 -509 20 15 -60
Effect of Exchange Rate Changes		 13 27 21 -48 277 0.14 -33 -148 251 40 13
Cash Interest Paid		 95 132 159 185 230 351 339 399 390 389 306
Cash Income Taxes Paid		 450 421 344 506 802 589 555 510 511 516 505

Quarterly Cash Flow Statements for Baidu

No quarterly cash flow statements for Baidu are available.

Annual Balance Sheets for Baidu

This table presents Baidu's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets		 15,938 22,510 26,096 38,626 43,311 43,262 51,172 59,636 56,686 57,291 58,606
Total Current Assets		 10,297 11,911 14,304 23,196 22,574 23,771 28,199 33,474 30,860 32,431 23,132
Cash & Equivalents		 2,227 1,516 1,563 1,701 4,023 4,802 5,503 5,783 7,707 3,554 3,402
Restricted Cash		 66 15 46 39 319 143 117 1,698 1,643 1,620 1,602
Short-Term Investments		 6,866 8,826 11,320 16,531 16,247 16,213 19,441 22,478 17,520 23,757 14,057
Accounts Receivable		 589 893 639 727 990 1,294 1,445 1,781 2,489 1,728 1,492
Other Current Assets		 548 626 480 526 996 1,319 1,693 1,734 1,502 1,772 2,578
Plant, Property, & Equipment, net		 1,400 1,618 1,619 1,914 2,606 2,629 2,693 3,613 3,476 3,938 4,124
Total Noncurrent Assets		 4,241 8,981 10,172 13,516 18,131 16,862 20,280 22,548 22,350 20,922 31,349
Long-Term Investments		 570 5,779 6,551 8,636 11,710 9,966 11,725 9,324 8,017 6,755 5,716
Goodwill		 2,801 2,344 2,200 2,425 2,698 2,620 3,422 3,547 3,259 3,181 3,094
Intangible Assets		 575 508 555 839 1,336 230 311 265 182 124 106
Noncurrent Deferred & Refundable Income Taxes		 152 153 158 235 338 315 257 372 309 296 300
Other Noncurrent Operating Assets		 144 177 318 847 1,423 3,220 4,036 8,493 10,583 10,566 22,133
Total Liabilities & Shareholders' Equity		 15,938 22,510 26,096 38,626 43,311 43,262 51,172 59,636 56,686 57,291 58,606
Total Liabilities		 7,246 9,689 12,081 18,621 17,730 18,450 21,666 24,493 22,207 20,303 19,751
Total Current Liabilities		 3,259 3,974 6,611 12,591 8,275 8,238 10,518 11,689 11,545 10,768 11,091
Short-Term Debt		 373 171 2,412 7,095 1,456 1,231 2,337 2,303 2,980 2,689 2,617
Accounts Payable		 2,086 2,836 3,167 4,247 5,401 5,015 5,851 6,771 5,512 5,312 5,678
Current Deferred Revenue		 801 968 1,032 208 1,418 1,664 1,966 2,166 1,912 2,103 2,097
Other Current Liabilities		 - - - - 0.00 328 364 449 1,142 664 698
Total Noncurrent Liabilities		 3,987 5,715 5,471 6,030 9,455 10,211 11,148 12,804 10,648 9,535 8,660
Long-Term Debt		 3,765 5,168 4,943 5,495 7,991 8,355 9,280 10,734 9,161 8,079 7,116
Noncurrent Deferred Revenue		 6.37 2.65 4.01 0.00 191 145 120 35 48 96 112
Noncurrent Deferred & Payable Income Tax Liabilities		 184 524 515 518 597 470 472 516 420 384 530
Other Noncurrent Operating Liabilities		 23 19 9.32 17 42 689 731 1,007 1,019 977 902
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 305 601 787 1,691 104 159 477 1,122 1,217 1,333 1,352
Total Equity & Noncontrolling Interests		 8,387 12,221 13,228 18,314 25,477 24,653 29,029 34,021 33,262 35,654 37,503
Total Preferred & Common Equity		 8,212 12,219 13,231 17,699 23,710 23,489 28,100 33,183 32,401 34,314 36,116
Total Common Equity		 8,212 12,219 13,231 17,699 23,710 23,489 28,100 33,183 32,401 34,314 36,116
Common Stock		 587 975 1,193 1,855 4,867 5,558 7,262 11,595 11,578 12,268 12,547
Retained Earnings		 7,670 11,367 12,293 15,702 18,812 18,129 20,807 22,779 21,507 22,710 24,670
Treasury Stock		 - - - - - - 0.00 -1,190 -763 -538 -854
Accumulated Other Comprehensive Income / (Loss)		 -45 -123 -256 143 31 -199 31 -1.26 79 -126 -247
Noncontrolling Interest		 175 1.85 -3.30 614 1,767 1,164 930 839 860 1,340 1,387

Quarterly Balance Sheets for Baidu

No quarterly balance sheets for Baidu are available.

Annual Metrics and Ratios for Baidu

This table displays calculated financial ratios and metrics derived from Baidu's official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 49.61% 28.14% 0.09% 28.64% 14.39% 3.60% 6.79% 18.62% -8.21% 5.72% -3.80%
EBITDA Growth		 19.22% 134.84% -48.74% 49.95% -6.16% -77.67% 414.37% -3.37% -17.28% 54.27% -4.85%
EBIT Growth		 12.97% 163.60% -63.05% 47.70% 18.94% -108.68% 1,231.18% -57.66% -16.19% 170.93% -2.98%
NOPAT Growth		 10.89% -12.70% -24.25% 79.65% -9.71% -66.07% 186.71% -36.04% 47.86% 53.17% -6.51%
Net Income Growth		 14.93% 150.61% -66.33% 68.77% 17.13% -109.99% 990.80% -59.29% -8.30% 177.86% 9.12%
EPS Growth		 24.38% 154.80% -66.51% -74.76% -91.14% -92.82% 1,060.29% -56.80% -89.75% 169.62% -84.05%
Operating Cash Flow Growth		 26.70% 4.37% 7.09% 56.27% 3.93% -21.95% -8.90% -15.17% 20.16% 35.92% -43.59%
Free Cash Flow Firm Growth		 344.92% 42.09% -50.56% -234.42% 342.42% -95.93% 346.54% -541.53% 81.64% 473.68% -501.87%
Invested Capital Growth		 -2.82% -34.83% -6.68% 200.97% -40.87% 13.77% 27.57% 92.74% 24.83% 2.75% 97.28%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 61.50% 58.64% 50.00% 49.22% 49.41% 41.49% 48.49% 48.34% 48.30% 51.69% 50.35%
EBITDA Margin		 34.89% 63.94% 32.74% 38.16% 30.52% 6.58% 31.69% 25.82% 23.27% 33.95% 33.57%
Operating Margin		 26.10% 17.58% 14.24% 18.50% 15.18% 5.87% 13.39% 8.45% 12.87% 16.24% 15.98%
EBIT Margin		 26.79% 55.11% 20.34% 23.35% 24.28% -2.04% 21.56% 7.70% 7.03% 18.01% 18.16%
Profit (Net Income) Margin		 24.98% 48.86% 16.44% 21.56% 22.08% -2.13% 17.77% 6.10% 6.09% 16.01% 18.16%
Tax Burden Percent		 84.60% 85.56% 79.92% 85.93% 82.64% 672.94% 82.40% 70.43% 74.51% 85.52% 84.46%
Interest Burden Percent		 110.23% 103.62% 101.10% 107.45% 110.02% 15.55% 100.03% 112.51% 116.36% 103.97% 118.40%
Effective Tax Rate		 15.40% 14.44% 20.08% 14.07% 17.36% 0.00% 17.60% 29.57% 25.49% 14.48% 15.54%
Return on Invested Capital (ROIC)		 55.24% 59.24% 58.82% 54.60% 41.27% 17.63% 41.74% 16.27% 16.25% 22.11% 13.72%
ROIC Less NNEP Spread (ROIC-NNEP)		 50.22% 17.51% 54.36% 49.02% 33.51% 22.09% 36.87% 16.15% 18.83% 20.42% 9.46%
Return on Net Nonoperating Assets (RNNOA)		 -29.66% -13.33% -46.43% -38.10% -26.85% -18.94% -30.96% -12.58% -13.11% -13.61% -4.99%
Return on Equity (ROE)		 25.58% 45.90% 12.39% 16.50% 14.42% -1.30% 10.77% 3.69% 3.14% 8.49% 8.73%
Cash Return on Invested Capital (CROIC)		 58.10% 101.41% 65.73% -45.65% 92.65% 4.75% 17.50% -47.09% -5.84% 19.39% -51.73%
Operating Return on Assets (OROA)		 15.28% 28.97% 8.47% 9.39% 8.82% -0.73% 7.52% 2.71% 2.17% 5.99% 5.72%
Return on Assets (ROA)		 14.25% 25.69% 6.84% 8.67% 8.02% -0.76% 6.20% 2.15% 1.88% 5.33% 5.72%
Return on Common Equity (ROCE)		 24.17% 43.60% 11.75% 15.00% 13.10% -1.22% 10.23% 3.49% 2.96% 7.93% 8.11%
Return on Equity Simple (ROE_SIMPLE)		 23.99% 40.41% 12.57% 15.85% 13.86% -1.40% 10.41% 3.59% 3.37% 8.85% 9.17%
Net Operating Profit after Tax (NOPAT)		 1,742 1,520 1,152 2,069 1,868 634 1,817 1,162 1,719 2,633 2,461
NOPAT Margin		 22.08% 15.04% 11.38% 15.90% 12.55% 4.11% 11.04% 5.95% 9.59% 13.89% 13.50%
Net Nonoperating Expense Percent (NNEP)		 5.03% 41.73% 4.46% 5.58% 7.77% -4.46% 4.86% 0.11% -2.59% 1.69% 4.26%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - 3.79% 5.67% 5.21%
Cost of Revenue to Revenue		 38.50% 41.36% 50.01% 50.78% 50.59% 58.51% 51.51% 51.66% 51.70% 48.32% 49.65%
SG&A Expenses to Revenue		 21.17% 25.72% 21.36% 15.48% 18.80% 18.54% 16.87% 19.86% 16.59% 17.47% 17.74%
R&D to Revenue		 14.23% 15.33% 14.39% 15.24% 15.42% 17.08% 18.22% 20.03% 18.85% 17.97% 16.63%
Operating Expenses to Revenue		 35.40% 41.05% 35.75% 30.72% 34.22% 35.62% 35.09% 39.89% 35.44% 35.45% 34.37%
Earnings before Interest and Taxes (EBIT)		 2,113 5,570 2,058 3,039 3,615 -314 3,550 1,503 1,260 3,414 3,312
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 2,752 6,462 3,312 4,966 4,544 1,015 5,219 5,043 4,172 6,436 6,123
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.97 0.54 0.43 0.46 2.92 2.33 2.58 1.55 1.22 1.20 0.81
Price to Tangible Book Value (P/TBV)		 1.65 0.70 0.55 0.56 3.52 2.65 2.97 1.75 1.36 1.33 0.89
Price to Revenue (P/Rev)		 1.01 0.65 0.56 0.63 4.65 3.54 4.40 2.63 2.20 2.17 1.60
Price to Earnings (P/E)		 3.77 1.28 3.42 2.90 17.26 185.01 20.95 32.04 36.06 14.38 8.95
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 26.51% 78.34% 29.21% 34.44% 5.79% 0.54% 4.77% 3.12% 2.77% 6.95% 11.17%
Enterprise Value to Invested Capital (EV/IC)		 0.93 0.00 0.00 0.00 14.35 9.00 9.97 2.88 1.61 1.57 0.71
Enterprise Value to Revenue (EV/Rev)		 0.37 0.00 0.00 0.00 3.24 2.23 2.95 1.39 1.05 1.00 0.92
Enterprise Value to EBITDA (EV/EBITDA)		 1.05 0.00 0.00 0.00 10.63 33.93 9.32 5.38 4.52 2.94 2.75
Enterprise Value to EBIT (EV/EBIT)		 1.37 0.00 0.00 0.00 13.36 0.00 13.70 18.05 14.96 5.54 5.08
Enterprise Value to NOPAT (EV/NOPAT)		 1.66 0.00 0.00 0.00 25.84 54.31 26.77 23.34 10.97 7.18 6.84
Enterprise Value to Operating Cash Flow (EV/OCF)		 1.01 0.00 0.00 0.00 9.22 8.43 13.07 8.59 4.97 3.67 5.78
Enterprise Value to Free Cash Flow (EV/FCFF)		 1.58 0.00 0.00 0.00 11.51 201.70 63.84 0.00 0.00 8.19 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.48 0.42 0.52 0.63 0.37 0.39 0.39 0.37 0.35 0.29 0.25
Long-Term Debt to Equity		 0.43 0.40 0.35 0.27 0.31 0.34 0.31 0.31 0.27 0.22 0.18
Financial Leverage		 -0.59 -0.76 -0.85 -0.78 -0.80 -0.86 -0.84 -0.78 -0.70 -0.67 -0.53
Leverage Ratio		 1.80 1.79 1.81 1.90 1.80 1.72 1.74 1.71 1.67 1.59 1.53
Compound Leverage Factor		 1.98 1.85 1.83 2.04 1.98 0.27 1.74 1.93 1.94 1.66 1.81
Debt to Total Capital		 32.30% 29.40% 34.41% 38.63% 26.97% 27.87% 28.25% 27.06% 26.04% 22.55% 20.03%
Short-Term Debt to Total Capital		 2.90% 0.94% 11.29% 21.77% 4.16% 3.58% 5.68% 4.78% 6.39% 5.63% 5.39%
Long-Term Debt to Total Capital		 29.39% 28.46% 23.13% 16.86% 22.81% 24.29% 22.57% 22.28% 19.65% 16.92% 14.65%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 3.73% 3.32% 3.67% 7.07% 5.34% 3.85% 3.42% 4.07% 4.46% 5.60% 5.64%
Common Equity to Total Capital		 63.97% 67.28% 61.92% 54.30% 67.69% 68.29% 68.33% 68.87% 69.50% 71.85% 74.33%
Debt to EBITDA		 1.51 0.83 2.22 2.54 2.08 9.45 2.23 2.58 2.91 1.67 1.59
Net Debt to EBITDA		 -2.03 -1.67 -3.66 -2.88 -5.03 -21.23 -4.82 -5.20 -5.45 -3.87 -2.46
Long-Term Debt to EBITDA		 1.37 0.80 1.49 1.11 1.76 8.23 1.78 2.13 2.20 1.26 1.16
Debt to NOPAT		 2.38 3.51 6.39 6.09 5.06 15.12 6.39 11.21 7.06 4.09 3.95
Net Debt to NOPAT		 -3.21 -7.10 -10.53 -6.92 -12.23 -33.98 -13.85 -22.58 -13.23 -9.47 -6.11
Long-Term Debt to NOPAT		 2.17 3.40 4.29 2.66 4.28 13.18 5.11 9.23 5.33 3.07 2.89
Altman Z-Score		 2.80 2.80 1.94 1.76 3.97 3.13 3.54 2.64 2.40 2.75 2.22
Noncontrolling Interest Sharing Ratio		 5.51% 5.03% 5.17% 9.08% 9.16% 6.34% 5.03% 5.21% 5.80% 6.65% 7.14%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 3.16 3.00 2.16 1.84 2.73 2.89 2.68 2.86 2.67 3.01 2.09
Quick Ratio		 2.97 2.84 2.08 1.80 2.57 2.71 2.51 2.57 2.40 2.70 1.71
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 1,832 2,603 1,287 -1,730 4,193 171 762 -3,365 -618 2,309 -9,280
Operating Cash Flow to CapEx		 373.17% 378.18% 543.78% 686.92% 410.02% 442.72% 476.00% 184.67% 315.83% 327.21% 261.05%
Free Cash Flow to Firm to Interest Expense		 18.12 16.42 7.75 -6.98 15.30 0.40 1.60 -6.27 -1.46 5.05 -23.99
Operating Cash Flow to Interest Expense		 28.54 18.99 19.41 20.33 19.10 9.61 7.80 5.88 8.98 11.27 7.52
Operating Cash Flow Less CapEx to Interest Expense		 20.89 13.97 15.84 17.37 14.44 7.44 6.16 2.70 6.14 7.83 4.64
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.57 0.53 0.42 0.40 0.36 0.36 0.35 0.35 0.31 0.33 0.31
Accounts Receivable Turnover		 16.50 13.63 13.21 19.05 17.34 13.51 12.03 12.11 8.40 8.99 11.32
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 6.90 6.70 6.25 7.37 6.59 5.89 6.19 6.20 5.06 5.11 4.52
Accounts Payable Turnover		 1.84 1.70 1.69 1.78 1.56 1.73 1.56 1.60 1.51 1.69 1.65
Days Sales Outstanding (DSO)		 22.12 26.77 27.64 19.16 21.05 27.02 30.35 30.13 43.46 40.60 32.23
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 198.39 214.87 216.58 204.77 233.79 210.67 233.75 228.24 241.81 215.66 221.48
Cash Conversion Cycle (CCC)		 -176.28 -188.09 -188.94 -185.62 -212.74 -183.65 -203.41 -198.10 -198.36 -175.07 -189.25
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 3,108 2,025 1,890 5,689 3,364 3,827 4,882 9,410 11,746 12,070 23,811
Invested Capital Turnover		 2.50 3.94 5.17 3.43 3.29 4.29 3.78 2.73 1.70 1.59 1.02
Increase / (Decrease) in Invested Capital		 -90 -1,082 -135 3,799 -2,325 463 1,055 4,528 2,337 323 11,741
Enterprise Value (EV)		 2,899 -3,651 -5,631 -3,856 48,278 34,427 48,654 27,127 18,854 18,906 16,828
Market Capitalization		 8,003 6,542 5,709 8,154 69,259 54,641 72,417 51,413 39,523 41,151 29,133
Book Value per Share		 $234.43 $348.05 $382.33 $509.67 $681.00 $672.36 $812.53 $12.39 $11.72 $12.27 $12.87
Tangible Book Value per Share		 $138.07 $266.82 $302.72 $415.67 $565.13 $590.78 $704.59 $10.96 $10.48 $11.09 $11.73
Total Capital		 12,837 18,161 21,370 32,595 35,028 34,398 41,123 48,179 46,619 47,755 48,588
Total Debt		 4,146 5,340 7,354 12,590 9,447 9,586 11,617 13,036 12,140 10,767 9,734
Total Long-Term Debt		 3,773 5,169 4,943 5,495 7,991 8,355 9,280 10,734 9,161 8,079 7,116
Net Debt		 -5,584 -10,796 -12,125 -14,316 -22,852 -21,538 -25,169 -26,246 -22,746 -24,918 -15,044
Capital Expenditures (CapEx)		 773 796 593 733 1,277 923 782 1,710 1,201 1,576 1,114
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -1,750 -2,249 -2,822 -570 -4,834 -4,394 -5,043 -5,871 -4,575 -4,579 -4,403
Debt-free Net Working Capital (DFNWC)		 7,410 8,107 10,106 17,700 15,755 16,763 20,018 24,088 22,295 24,352 14,659
Net Working Capital (NWC)		 7,037 7,937 7,694 10,605 14,299 15,532 17,681 21,785 19,315 21,663 12,042
Net Nonoperating Expense (NNE)		 -229 -3,417 -511 -737 -1,419 962 -1,109 -29 626 -403 -851
Net Nonoperating Obligations (NNO)		 -5,584 -10,796 -12,125 -14,316 -22,217 -20,985 -24,625 -25,733 -22,732 -24,918 -15,044
Total Depreciation and Amortization (D&A)		 639 892 1,254 1,927 929 1,329 1,669 3,540 2,912 3,022 2,811
Debt-free, Cash-free Net Working Capital to Revenue		 -22.18% -22.26% -27.90% -4.38% -32.47% -28.49% -30.62% -30.05% -25.51% -24.15% -24.14%
Debt-free Net Working Capital to Revenue		 93.95% 80.22% 99.90% 136.01% 105.83% 108.70% 121.55% 123.30% 124.34% 128.45% 80.38%
Net Working Capital to Revenue		 89.22% 78.53% 76.06% 81.49% 96.05% 100.72% 107.36% 111.51% 107.72% 114.27% 66.03%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $126.78 $309.46 $96.62 $170.27 $240.18 $17.14 $12.56 $5.61 $3.62 $9.82 $1.56
Adjusted Weighted Average Basic Shares Outstanding		 62.61M 62.35M 61.93M 62.19M 62.60M 62.47M 4.89B 4.96B 5.01B 5.09B 5.06B
Adjusted Diluted Earnings per Share		 $126.29 $308.45 $96.37 $169.16 $238.33 $16.88 $12.44 $5.50 $3.60 $9.70 $1.55
Adjusted Weighted Average Diluted Shares Outstanding		 70.40M 70.07M 69.51M 69.90M 70.34M 69.77M 5.51B 5.63B 5.62B 5.67B 5.60B
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 35.11M 34.61M 34.73M 34.82M 34.93M 34.58M 2.68B 2.76B 2.80B 2.81B 2.76B
Normalized Net Operating Profit after Tax (NOPAT)		 1,742 1,520 1,152 2,069 1,868 634 1,817 1,162 1,719 2,633 2,461
Normalized NOPAT Margin		 22.08% 15.04% 11.38% 15.90% 12.55% 4.11% 11.04% 5.95% 9.59% 13.89% 13.50%
Pre Tax Income Margin		 29.53% 57.10% 20.57% 25.10% 26.72% -0.32% 21.56% 8.66% 8.18% 18.72% 21.50%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 20.90 35.14 12.39 12.26 13.19 -0.74 7.44 2.80 2.98 7.46 8.56
NOPAT to Interest Expense		 17.23 9.59 6.94 8.35 6.82 1.49 3.81 2.17 4.07 5.75 6.36
EBIT Less CapEx to Interest Expense		 13.26 30.12 8.82 9.31 8.53 -2.91 5.80 -0.38 0.14 4.02 5.68
NOPAT Less CapEx to Interest Expense		 9.58 4.57 3.37 5.39 2.16 -0.68 2.17 -1.02 1.23 2.31 3.48
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 7.84% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 7.84% 19.66% 0.00% 9.42% 14.67% -216.70% 68.61% 99.87% 25.55% 22.11% 26.16%

Quarterly Metrics and Ratios for Baidu

No quarterly metrics and ratios for Baidu are available.

Frequently Asked Questions About Baidu's Financials

When does Baidu's fiscal year end?

According to the most recent income statement we have on file, Baidu's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Baidu's net income changed over the last 10 years?

Baidu's net income appears to be on a downward trend, with a most recent value of $3.31 billion in 2024, rising from $1.97 billion in 2014. The previous period was $3.04 billion in 2023.

What is Baidu's operating income?
Baidu's total operating income in 2024 was $2.91 billion, based on the following breakdown:
  • Total Gross Profit: $9.18 billion
  • Total Operating Expenses: $6.27 billion
How has Baidu revenue changed over the last 10 years?

Over the last 10 years, Baidu's total revenue changed from $7.89 billion in 2014 to $18.24 billion in 2024, a change of 131.2%.

How much debt does Baidu have?

Baidu's total liabilities were at $19.75 billion at the end of 2024, a 2.7% decrease from 2023, and a 172.6% increase since 2014.

How much cash does Baidu have?

In the past 10 years, Baidu's cash and equivalents has ranged from $1.52 billion in 2015 to $7.71 billion in 2022, and is currently $3.40 billion as of their latest financial filing in 2024.

How has Baidu's book value per share changed over the last 10 years?

Over the last 10 years, Baidu's book value per share changed from 234.43 in 2014 to 12.87 in 2024, a change of -94.5%.

Remove Ads

Related Companies

This page (NASDAQ:BIDU) was last updated on 4/13/2025 by MarketBeat.com Staff
From Our Partners
Trump to redistribute trillions of dollars
Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...
Porter & Company | Sponsored
Get Your Bank Account “Fed Invasion” Ready with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank ac...
Weiss Ratings | Sponsored
Elon Musk Confirms: Tesla’s Optimus is Replacing Workers… and Heading to Mars
Elon Musk just confirmed Tesla’s robot will go to Mars. But on Earth, it may trigger a trillion-dollar tech sh...
InvestorPlace | Sponsored
DOGE tax surprise
Elon Musk's DOGE agents have some very strange plans for the IRS... Recently, it emerged that our tax auth...
Altimetry | Sponsored
Amazon Shocker
Jeff Bezos quietly backing world-changing tech (not AI) The Amazon founder is quietly advancing a radical t...
Stansberry Research | Sponsored
Collect $7k per month from Tesla’s SECRET dividend
Tesla doesn't pay a traditional dividend.... But I just discovered a secret backdoor to collect a secret 69...
Investors Alley | Sponsored
Real Americans Don’t Wait on Wall Street’s Next Move
What's happening in the markets right now should concern every freedom-loving American who's worked hard and s...
Premier Gold Co | Sponsored
Caught on Camera: Elon Musk’s “Area 51”
You won’t believe what tech legend Jeff Brown found in what he calls Elon Musk’s “Area 51.” (Click here to see...
Brownstone Research | Sponsored