Baidu Inc (BIDU) — Capital Reinvestment Ratio

Latest as of September 2025: 2.71x

Baidu Inc (BIDU) has a Capital Reinvestment Ratio of 2.71x as of September 2025, meaning it reinvests 3% of its operating cash flow ($1.26 Billion) in capital expenditures ($3.40 Billion). See Baidu Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

2.71x
Capex / Operating Cash Flow

Operating Cash Flow

$1.26 Billion
USD

Capital Expenditures

$3.40 Billion
USD

Data as of

Sep 2025
Most recent filing

Baidu Inc Capital Reinvestment Ratio (2003–2024)

This chart tracks Baidu Inc's Capital Reinvestment Ratio across 22 annual periods.

Annual Capital Reinvestment Ratio for Baidu Inc (2003–2024)

Year-by-year Capital Reinvestment Ratio for Baidu Inc from 2003 to 2024. For live market cap and broader valuation context, see Baidu Inc market cap and net worth.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2024 0.38x $21.23 Billion $8.13 Billion ▲ +24.2%
2023 0.31x $36.62 Billion $11.29 Billion ▼ -3.8%
2022 0.32x $26.17 Billion $8.39 Billion ▼ -40.8%
2021 0.54x $20.12 Billion $10.90 Billion ▲ +157.8%
2020 0.21x $24.20 Billion $5.08 Billion ▼ -7.0%
2019 0.23x $28.46 Billion $6.43 Billion ▼ -63.7%
2018 0.62x $35.97 Billion $22.36 Billion ▲ +46.5%
2017 0.42x $32.88 Billion $13.95 Billion ▼ -10.1%
2016 0.47x $22.26 Billion $10.51 Billion ▲ +18.0%
2015 0.40x $19.42 Billion $7.77 Billion ▲ +12.3%
2014 0.36x $17.94 Billion $6.40 Billion ▲ +33.6%
2013 0.27x $13.79 Billion $3.68 Billion ▲ +24.7%
2012 0.21x $12.00 Billion $2.57 Billion ▼ -25.3%
2011 0.29x $8.18 Billion $2.34 Billion ▲ +37.9%
2010 0.21x $4.70 Billion $976.12 Million ▼ -23.9%
2009 0.27x $1.75 Billion $476.81 Million ▼ -27.3%
2008 0.38x $440.81 Million $165.61 Million ▼ -39.7%
2007 0.62x $935.15 Million $582.34 Million ▲ +117.8%
2006 0.29x $526.14 Million $150.41 Million ▼ -54.4%
2005 0.63x $12.70 Million $7.96 Million ▲ +39.3%
2004 0.45x $56.51 Million $25.41 Million ▼ -10.7%
2003 0.50x $12.70 Million $6.40 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow