Applied Materials Inc (AMAT) — Capital Reinvestment Ratio
Applied Materials Inc (AMAT) has a Capital Reinvestment Ratio of 0.75x as of April 2026, meaning it reinvests 1% of its operating cash flow ($843.00 Million) in capital expenditures ($635.00 Million). Check AMAT tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Applied Materials Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Applied Materials Inc's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see Applied Materials Inc cash flow conversion.
Annual Capital Reinvestment Ratio for Applied Materials Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Applied Materials Inc from 1989 to 2025. See how much free cash does Applied Materials Inc generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.28x | $7.96 Billion | $2.26 Billion | ▲ +107.1% |
| 2024 | 0.14x | $8.68 Billion | $1.19 Billion | ▲ +7.9% |
| 2023 | 0.13x | $8.70 Billion | $1.11 Billion | ▼ -12.8% |
| 2022 | 0.15x | $5.40 Billion | $787.00 Million | ▲ +18.8% |
| 2021 | 0.12x | $5.44 Billion | $668.00 Million | ▲ +10.6% |
| 2020 | 0.11x | $3.80 Billion | $422.00 Million | ▼ -18.3% |
| 2019 | 0.14x | $3.25 Billion | $441.00 Million | ▼ -17.3% |
| 2018 | 0.16x | $3.79 Billion | $622.00 Million | ▲ +71.8% |
| 2017 | 0.10x | $3.61 Billion | $345.00 Million | ▼ -6.8% |
| 2016 | 0.10x | $2.47 Billion | $253.00 Million | ▼ -44.5% |
| 2015 | 0.18x | $1.16 Billion | $215.00 Million | ▲ +38.1% |
| 2014 | 0.13x | $1.80 Billion | $241.00 Million | ▼ -57.7% |
| 2013 | 0.32x | $623.00 Million | $197.00 Million | ▲ +261.3% |
| 2012 | 0.09x | $1.85 Billion | $162.00 Million | ▲ +1.6% |
| 2011 | 0.09x | $2.43 Billion | $209.00 Million | ▼ -12.2% |
| 2010 | 0.10x | $1.72 Billion | $169.08 Million | ▼ -86.8% |
| 2009 | 0.75x | $333.38 Million | $248.43 Million | ▲ +342.7% |
| 2008 | 0.17x | $1.71 Billion | $287.91 Million | ▲ +40.4% |
| 2007 | 0.12x | $2.21 Billion | $264.78 Million | ▲ +29.3% |
| 2006 | 0.09x | $1.94 Billion | $179.48 Million | ▼ -42.1% |
| 2005 | 0.16x | $1.25 Billion | $199.65 Million | ▲ +36.7% |
| 2004 | 0.12x | $1.63 Billion | $190.58 Million | ▼ -64.6% |
| 2003 | 0.33x | $801.75 Million | $265.28 Million | ▼ -61.0% |
| 2002 | 0.85x | $492.14 Million | $417.08 Million | ▲ +88.5% |
| 2001 | 0.45x | $1.58 Billion | $710.62 Million | ▲ +93.8% |
| 2000 | 0.23x | $1.65 Billion | $383.25 Million | ▲ +22.9% |
| 1999 | 0.19x | $1.08 Billion | $204.00 Million | ▼ -65.6% |
| 1998 | 0.55x | $816.40 Million | $448.60 Million | ▲ +13.6% |
| 1997 | 0.48x | $701.70 Million | $339.40 Million | ▼ -26.0% |
| 1996 | 0.65x | $692.00 Million | $452.50 Million | ▼ -64.9% |
| 1995 | 1.86x | $142.70 Million | $265.60 Million | ▲ +14.5% |
| 1994 | 1.63x | $111.00 Million | $180.40 Million | ▲ +91.3% |
| 1993 | 0.85x | $117.00 Million | $99.40 Million | ▼ -24.5% |
| 1992 | 1.13x | $59.20 Million | $66.60 Million | ▼ -35.0% |
| 1991 | 1.73x | $39.00 Million | $67.50 Million | ▼ -33.9% |
| 1990 | 2.62x | $42.40 Million | $111.10 Million | ▼ -5.9% |
| 1989 | 2.79x | $15.40 Million | $42.90 Million | — |