TTM
-4.9%
YoY change
−12.80pp
Trough year (2026)
-5.0%
Peak year (2011)
128.1%
Latest annual
-5.0%
FCF Margin history chart for Alibaba (BABA) from 2007 to 2026
Latest: -5.0%
FCF Margin change chart for Alibaba (BABA) from 2007 to 2026
Latest: −12.80pp
FCF Margin history table for Alibaba (BABA) from 2007 to 2026
| 2026 | -5.0% | -12.80pp | ||
| 2025 | 7.8% | -8.18pp | ||
| 2024 | 16.0% | -3.03pp | ||
| 2023 | 19.1% | +8.74pp | ||
| 2022 | 10.3% | -15.06pp | ||
| 2021 | 25.4% | -1.84pp | ||
| 2020 | 27.2% | +0.31pp | ||
| 2019 | 26.9% | -9.03pp | ||
| 2018 | 35.9% | -4.58pp | ||
| 2017 | 40.5% | -5.75pp | ||
| 2016 | 46.3% | +1.24pp | ||
| 2015 | 45.0% | +0.71pp | ||
| 2014 | 44.3% | +7.47pp | ||
| 2013 | 36.8% | +1.27pp | ||
| 2012 | 35.6% | -92.58pp | ||
| 2011 | 128.1% | +80.93pp | ||
| 2010 | 47.2% | +3.46pp | ||
| 2009 | 43.8% | -14.94pp | ||
| 2008 | 58.7% | +12.21pp | ||
| 2007 | 46.5% | — |
- 2026-5.0%-12.80pp
- 20257.8%-8.18pp
- 202416.0%-3.03pp
- 202319.1%+8.74pp
- 202210.3%-15.06pp
- 202125.4%-1.84pp
- 202027.2%+0.31pp
- 201926.9%-9.03pp
- 201835.9%-4.58pp
- 201740.5%-5.75pp
- 201646.3%+1.24pp
- 201545.0%+0.71pp
- 201444.3%+7.47pp
- 201336.8%+1.27pp
- 201235.6%-92.58pp
- 2011128.1%+80.93pp
- 201047.2%+3.46pp
- 200943.8%-14.94pp
- 200858.7%+12.21pp
- 200746.5%—
FCF Margin values are taken from Alibaba's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in CNY as filed.
About FCF Margin at Alibaba (BABA)
According to Alibaba's latest reported financial statements, the company's latest reported free cash flow margin is -4.9%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2026, Alibaba (BABA) free cash flow margin totalled -4.96% – contracted 12.8 percentage points year-over-year.
2011 marks the peak free cash flow margin at 128.14%, with the historical low of -4.96% recorded in 2026.
Alibaba FCF Margin by Year
Alibaba FCF Margin 2026: -5.0%
Alibaba free cash flow margin in 2026 was -4.96%, contracted 12.8 percentage points from 2025. This figure represents the lowest annual value in the available history.
Alibaba FCF Margin 2025: 7.8%
2025's free cash flow margin for Alibaba came in at 7.84%, contracted 8.2 percentage points from 2024.
Alibaba FCF Margin 2024: 16.0%
Alibaba posted free cash flow margin of 16.03% in 2024, contracted 3.0 percentage points from 2023.
Alibaba FCF Margin 2023: 19.1%
In 2023, Alibaba reported free cash flow margin of 19.05%, expanded 8.7 percentage points from 2022.
Alibaba FCF Margin 2022: 10.3%
Alibaba free cash flow margin in 2022 was 10.31%.
See more financial history for Alibaba (BABA).
Sector peers by FCF Margin
Consumer Cyclical peers of Alibaba (BABA), ranked by their latest free cash flow margin
| 32.6% | |
| 25.6% | |
| 24.0% | |
| 8.9% | |
| 8.6% | |
| 8.6% | |
| 7.2% | |
| -0.3% |
- 25.6%
- 24.0%
- 8.6%
- 7.2%
- -0.3%
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