Baidu Past Earnings Performance
Past criteria checks 4/6
Baidu's earnings have been declining at an average annual rate of -5.3%, while the Interactive Media and Services industry saw earnings growing at 23.1% annually. Revenues have been growing at an average rate of 5.5% per year. Baidu's return on equity is 8.2%, and it has net margins of 14.6%.
Key information
-5.3%
Earnings growth rate
-5.4%
EPS growth rate
| Interactive Media and Services Industry Growth | 17.0% |
| Revenue growth rate | 5.5% |
| Return on equity | 8.2% |
| Net Margin | 14.6% |
| Next Earnings Update | 16 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Baidu makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 134,598 | 19,598 | 23,519 | 24,192 |
| 30 Sep 23 | 132,724 | 22,078 | 23,546 | 23,563 |
| 30 Jun 23 | 130,817 | 15,251 | 22,961 | 23,219 |
| 31 Mar 23 | 126,408 | 13,678 | 21,447 | 23,130 |
| 31 Dec 22 | 123,675 | 6,968 | 20,514 | 23,315 |
| 30 Sep 22 | 123,686 | 4,025 | 21,084 | 25,047 |
| 30 Jun 22 | 123,067 | -12,388 | 23,211 | 25,457 |
| 31 Mar 22 | 124,770 | -16,662 | 24,134 | 25,448 |
| 31 Dec 21 | 124,493 | 9,876 | 24,723 | 24,938 |
| 30 Sep 21 | 121,668 | 13,589 | 23,366 | 23,218 |
| 30 Jun 21 | 117,979 | 43,826 | 20,746 | 21,612 |
| 31 Mar 21 | 112,663 | 47,996 | 19,456 | 20,168 |
| 31 Dec 20 | 107,074 | 22,384 | 18,063 | 19,513 |
| 30 Sep 20 | 105,695 | 23,555 | 16,925 | 18,599 |
| 30 Jun 20 | 105,543 | 3,504 | 16,882 | 18,728 |
| 31 Mar 20 | 105,835 | 2,348 | 17,708 | 18,623 |
| 31 Dec 19 | 107,413 | 1,980 | 19,910 | 18,346 |
| 30 Sep 19 | 105,724 | -2,244 | 21,897 | 18,119 |
| 30 Jun 19 | 106,055 | 16,525 | 22,881 | 17,345 |
| 31 Mar 19 | 107,093 | 20,422 | 22,143 | 16,644 |
| 31 Dec 18 | 103,877 | 27,443 | 19,231 | 15,772 |
| 30 Sep 18 | 100,937 | 29,714 | 16,919 | 14,946 |
| 30 Jun 18 | 96,595 | 25,733 | 15,024 | 14,272 |
| 31 Mar 18 | 90,725 | 23,235 | 13,453 | 13,387 |
| 31 Dec 17 | 86,709 | 18,318 | 13,128 | 12,928 |
| 30 Sep 17 | 80,666 | 17,540 | 12,832 | 12,196 |
| 30 Jun 17 | 74,850 | 12,227 | 12,682 | 11,568 |
| 31 Mar 17 | 71,619 | 10,986 | 13,942 | 10,885 |
| 31 Dec 16 | 70,549 | 11,075 | 15,071 | 10,151 |
| 30 Sep 16 | 71,036 | 31,952 | 16,264 | 9,666 |
| 30 Jun 16 | 71,166 | 31,624 | 18,370 | 9,742 |
| 31 Mar 16 | 69,478 | 32,752 | 18,065 | 9,990 |
| 31 Dec 15 | 66,382 | 33,335 | 17,076 | 10,176 |
| 30 Sep 15 | 61,733 | 12,072 | 16,073 | 9,824 |
| 30 Jun 15 | 56,870 | 13,097 | 13,071 | 8,966 |
| 31 Mar 15 | 52,280 | 13,058 | 11,330 | 7,991 |
| 31 Dec 14 | 49,052 | 13,144 | 10,382 | 6,981 |
| 30 Sep 14 | 44,525 | 12,709 | 8,721 | 6,109 |
| 30 Jun 14 | 39,897 | 11,898 | 7,405 | 5,368 |
| 31 Mar 14 | 35,472 | 10,964 | 6,334 | 4,573 |
| 31 Dec 13 | 31,944 | 10,519 | 5,174 | 4,107 |
| 30 Sep 13 | 28,756 | 10,552 | 4,103 | 3,545 |
| 30 Jun 13 | 26,115 | 10,505 | 3,361 | 3,069 |
Quality Earnings: B1C has high quality earnings.
Growing Profit Margin: B1C's current net profit margins (14.6%) are higher than last year (5.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: B1C's earnings have declined by 5.3% per year over the past 5 years.
Accelerating Growth: B1C's earnings growth over the past year (181.3%) exceeds its 5-year average (-5.3% per year).
Earnings vs Industry: B1C earnings growth over the past year (181.3%) exceeded the Interactive Media and Services industry 0.3%.
Return on Equity
High ROE: B1C's Return on Equity (8.2%) is considered low.