Baidu Debt-to-Equity Ratio Growth & History (BIDU)
Baidu's debt-to-equity ratio was 0.09 for fiscal 2025.
View full Baidu company overviewBaidu annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.09 | −0.02 | −16.01% |
| 2024 | 2024-12-31 | 0.10 | −0.02 | −13.12% |
| 2023 | 2023-12-31 | 0.12 | −0.01 | −8.29% |
| 2022 | 2022-12-31 | 0.13 | 0.01 | +9.73% |
| 2021 | 2021-12-31 | 0.12 | −0.00 | −0.86% |
| 2020 | 2020-12-31 | 0.12 | −0.01 | −9.09% |
| 2019 | 2019-12-31 | 0.13 | 0.08 | +178.34% |
| 2018 | 2018-12-31 | 0.05 | −0.27 | −85.10% |
| 2017 | 2017-12-31 | 0.32 | −0.05 | −13.23% |
| 2016 | 2016-12-31 | 0.37 | 0.37 | +19023.89% |
| 2015 | 2015-12-31 | 0.00 | −0.00 | −50.50% |
| 2014 | 2014-12-31 | 0.00 | 0.00 | +73.98% |
| 2013 | 2013-12-31 | 0.00 | −0.00 | −24.33% |
| 2012 | 2012-12-31 | 0.00 | −0.01 | −74.00% |
| 2011 | 2011-12-31 | 0.01 | — | — |
Baidu quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.09 | −0.02 | −16.01% |
| Q4 2024 | 2024-12-31 | 0.10 | −0.02 | −13.12% |
| Q4 2023 | 2023-12-31 | 0.12 | −0.01 | −8.29% |
| Q4 2022 | 2022-12-31 | 0.13 | 0.01 | +9.73% |
| Q4 2021 | 2021-12-31 | 0.12 | −0.00 | −0.86% |
| Q4 2020 | 2020-12-31 | 0.12 | −0.01 | −9.09% |
| Q2 2020 | 2020-06-30 | 0.14 | — | — |
| Q4 2019 | 2019-12-31 | 0.13 | 0.08 | +178.34% |
| Q4 2018 | 2018-12-31 | 0.05 | −0.27 | −85.10% |
| Q3 2018 | 2018-09-30 | 0.26 | — | — |
| Q4 2017 | 2017-12-31 | 0.32 | −0.05 | −13.23% |
| Q4 2016 | 2016-12-31 | 0.37 | 0.37 | +19023.89% |
| Q4 2015 | 2015-12-31 | 0.00 | −0.00 | −50.50% |
| Q4 2014 | 2014-12-31 | 0.00 | 0.00 | +73.98% |
| Q4 2013 | 2013-12-31 | 0.00 | −0.00 | −24.33% |
| Q4 2012 | 2012-12-31 | 0.00 | −0.01 | −74.00% |
| Q3 2012 | 2012-09-30 | 0.00 | — | — |
| Q4 2011 | 2011-12-31 | 0.01 | — | — |
Baidu debt-to-equity ratio trends
Over the last five fiscal years, Baidu's debt-to-equity ratio decreased from 0.12 to 0.09, a change of −0.03. The latest reported quarter, Q4 2025, shows 0.09.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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