Alibaba Group Holding (BABA) FCF Margin (2013 - 2026)
Alibaba Group Holding (BABA) recorded FCF Margin of 8.50% in the quarter ended Jun 30, 2026, up 0.23 percentage points from 8.27% a year earlier and up 4.64 percentage points from the prior quarter.
Alibaba Group Holding (BABA) FCF Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Alibaba Group Holding's FCF Margin came in at 7.46% as of Jun 30, 2026, down 7.62 percentage points year-over-year; for the year ended Mar 31, 2026, it was 7.23%, down 9.18 percentage points from the prior year.
- Annual FCF Margin has declined for three straight years, with a five-year change of -29.96 percentage points (years ended Mar 2021 to Mar 2026).
- Across earlier years, FCF Margin came in at 16.41% in the year ended Mar 31, 2025 (-2.99 pp), 19.40% in the year ended Mar 31, 2024 (-3.59 pp), 22.99% in the year ended Mar 31, 2023 (+1.33 pp) and 21.66% in the year ended Mar 31, 2022 (-15.53 pp).
- Quarterly FCF Margin has ranged from 1.06% in the quarter ended Mar 31, 2022 to 36.82% in the quarter ended Dec 31, 2021 over the past five years.
- On a year-over-year basis, FCF Margin rose in two of the last eight quarters, with an average year-over-year change of -5.53 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 14.23 percentage points in the quarter ended Sep 30, 2021, against a drop of 15.11 percentage points in the quarter ended Mar 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.87% (quarter ended Mar 31, 2026), 12.47% (quarter ended Dec 31, 2025) and 4.05% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,541.13 Bn | 3,276.03 Bn | 76.16 Bn | -7.11% |
| 2 | Meta Platforms | 1,587.35 Bn | 1,251.87 Bn | 51.23 Bn | -1.79% |
| 3 | Netflix | 272.62 Bn | 233.92 Bn | 6.80 Bn | 22.40% |
| 4 | Alibaba Group Holding | 244.75 Bn | 66.83 Bn | 15.16 Bn | 33.69% |
| 5 | Shopify | 196.93 Bn | 175.73 Bn | 1.78 Bn | 21.81% |
| 6 | Uber Technologies | 142.58 Bn | 114.55 Bn | 6.38 Bn | 19.67% |
| 7 | Spotify Technology | 129.18 Bn | 86.10 Bn | 1.89 Bn | 15.01% |
| 8 | Booking Holdings | 127.15 Bn | 60.90 Bn | - | 12.02% |
| 9 | PDD Holdings | 116.93 Bn | -127.12 Bn | 9.48 Bn | 22.77% |
| 10 | Airbnb | 104.06 Bn | 57.29 Bn | 2.98 Bn | 35.20% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.69% |
| Mar 31, 2026 | 14.79% |
| Dec 31, 2025 | 21.56% |
| Sep 30, 2025 | 16.76% |
| Jun 30, 2025 | 23.94% |
| Mar 31, 2025 | 21.78% |
| Dec 31, 2024 | 36.51% |
| Sep 30, 2024 | 20.47% |
| Jun 30, 2024 | 18.74% |
| Mar 31, 2024 | 15.11% |
| Dec 31, 2023 | 27.66% |
| Sep 30, 2023 | 23.73% |
| Jun 30, 2023 | 21.91% |
| Mar 31, 2023 | 16.29% |
| Dec 31, 2022 | 37.60% |
| Sep 30, 2022 | 28.24% |
| Jun 30, 2022 | 21.88% |
| Mar 31, 2022 | 1.06% |
| Dec 31, 2021 | 36.94% |
| Sep 30, 2021 | 24.17% |
Alibaba Group Holding FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=BABA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "BABA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=BABA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();