Baidu Inc (BIDU) — Capital Reinvestment Ratio
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). Check BIDU tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Baidu Inc Capital Reinvestment Ratio (2003–2024)
This chart tracks Baidu Inc's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Baidu Inc.
Annual Capital Reinvestment Ratio for Baidu Inc (2003–2024)
Year-by-year Capital Reinvestment Ratio for Baidu Inc from 2003 to 2024. See cash generation quality of Baidu Inc to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |