🎉 M&A multiples are live!
Check it out!

Baidu Valuation Multiples

Discover revenue and EBITDA valuation multiples for Baidu and similar public comparables like Eniro Group, Microsoft, and Alphabet.

Baidu Overview

About Baidu

Baidu is the largest internet search engine in China with over 50% share of the search engine market in 2024 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2023. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.


Founded

2000

HQ

Hong Kong
Employees

35.9K+

Website

ir.baidu.com

Financials

LTM Revenue $18.4B

LTM EBITDA $4.2B

EV

$23.1B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 12K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Baidu Financials

Baidu has a last 12-month revenue (LTM) of $18.4B and a last 12-month EBITDA of $4.2B.

In the most recent fiscal year, Baidu achieved revenue of $17.0B and an EBITDA of $6.6B.

Baidu expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Baidu valuation multiples based on analyst estimates

Baidu P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $18.4B XXX $17.0B XXX XXX XXX
Gross Profit $9.0B XXX $8.6B XXX XXX XXX
Gross Margin 49% XXX 50% XXX XXX XXX
EBITDA $4.2B XXX $6.6B XXX XXX XXX
EBITDA Margin 23% XXX 39% XXX XXX XXX
EBIT $2.7B XXX $2.7B XXX XXX XXX
EBIT Margin 15% XXX 16% XXX XXX XXX
Net Profit $3.1B XXX $3.0B XXX XXX XXX
Net Margin 17% XXX 18% XXX XXX XXX
Net Debt XXX XXX $5.9B XXX XXX XXX

Financial data powered by Morningstar, Inc.

Baidu Stock Performance

As of May 30, 2025, Baidu's stock price is HKD 82 (or $10).

Baidu has current market cap of HKD 225B (or $28.7B), and EV of HKD 181B (or $23.1B).

See Baidu trading valuation data

Baidu Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$23.1B $28.7B XXX XXX XXX XXX $1.26

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Baidu Valuation Multiples

As of May 30, 2025, Baidu has market cap of $28.7B and EV of $23.1B.

Baidu's trades at 1.4x EV/Revenue multiple, and 3.5x EV/EBITDA.

Equity research analysts estimate Baidu's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

Baidu has a P/E ratio of 9.2x.

See valuation multiples for Baidu and 12K+ public comps

Baidu Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $28.7B XXX $28.7B XXX XXX XXX
EV (current) $23.1B XXX $23.1B XXX XXX XXX
EV/Revenue 1.3x XXX 1.4x XXX XXX XXX
EV/EBITDA 5.5x XXX 3.5x XXX XXX XXX
EV/EBIT 8.5x XXX 8.5x XXX XXX XXX
EV/Gross Profit 2.6x XXX n/a XXX XXX XXX
P/E 9.2x XXX 9.5x XXX XXX XXX
EV/FCF 7.5x XXX 14.0x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Baidu Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Baidu Margins & Growth Rates

Baidu's last 12 month revenue growth is 4%

Baidu's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.2M for the same period.

Baidu's rule of 40 is 41% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Baidu's rule of X is 33% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Baidu and other 12K+ public comps

Baidu Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth 4% XXX 8% XXX XXX XXX
EBITDA Margin 23% XXX 39% XXX XXX XXX
EBITDA Growth -2% XXX -21% XXX XXX XXX
Rule of 40 41% XXX 43% XXX XXX XXX
Bessemer Rule of X XXX XXX 33% XXX XXX XXX
Revenue per Employee XXX XXX $0.5M XXX XXX XXX
Opex per Employee XXX XXX $0.2M XXX XXX XXX
S&M Expenses to Revenue XXX XXX n/a XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX 17% XXX XXX XXX
Opex to Revenue XXX XXX 34% XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Baidu Public Comps

See public comps and valuation multiples for Search Engines and AdTech Software comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Just Dial XXX XXX XXX XXX XXX XXX
NAVER XXX XXX XXX XXX XXX XXX
Alphabet XXX XXX XXX XXX XXX XXX
Microsoft XXX XXX XXX XXX XXX XXX
Eniro Group XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Baidu M&A and Investment Activity

Baidu acquired  XXX companies to date.

Last acquisition by Baidu was  XXXXXXXX, XXXXX XXXXX XXXXXX . Baidu acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Baidu

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Start Free Trial

About Baidu

When was Baidu founded? Baidu was founded in 2000.
Where is Baidu headquartered? Baidu is headquartered in Hong Kong.
How many employees does Baidu have? As of today, Baidu has 35.9K+ employees.
Who is the CEO of Baidu? Baidu's CEO is Mr. Robin Yanhong Li.
Is Baidu publicy listed? Yes, Baidu is a public company listed on HKG.
What is the stock symbol of Baidu? Baidu trades under 09888 ticker.
When did Baidu go public? Baidu went public in 2021.
Who are competitors of Baidu? Similar companies to Baidu include e.g. Just Dial, NAVER, Alphabet, Microsoft.
What is the current market cap of Baidu? Baidu's current market cap is $28.7B
What is the current revenue of Baidu? Baidu's last 12 months revenue is $18.4B.
What is the current revenue growth of Baidu? Baidu revenue growth (NTM/LTM) is 4%.
What is the current EV/Revenue multiple of Baidu? Current revenue multiple of Baidu is 1.3x.
Is Baidu profitable? Yes, Baidu is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Baidu? Baidu's last 12 months EBITDA is $4.2B.
What is Baidu's EBITDA margin? Baidu's last 12 months EBITDA margin is 23%.
What is the current EV/EBITDA multiple of Baidu? Current EBITDA multiple of Baidu is 5.5x.
What is the current FCF of Baidu? Baidu's last 12 months FCF is $3.1B.
What is Baidu's FCF margin? Baidu's last 12 months FCF margin is 17%.
What is the current EV/FCF multiple of Baidu? Current FCF multiple of Baidu is 7.5x.

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.