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 balance sheet quality to measure how much of total assets are equity-financed.

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. Check how aggressively does Baidu Inc reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

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 BIDU market cap.

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