Amazon.com Inc (AMZN) — Capital Reinvestment Ratio
Latest as of March 2026:
1.70x
Amazon.com Inc (AMZN) has a Capital Reinvestment Ratio of 1.70x as of March 2026, meaning it reinvests 2% of its operating cash flow ($26.03 Billion) in capital expenditures ($44.20 Billion). See free cash flow generation of Amazon.com Inc to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
1.70x
Capex / Operating Cash Flow
Operating Cash Flow
$26.03 Billion
USD
Capital Expenditures
$44.20 Billion
USD
Data as of
Mar 2026
Most recent filing
Amazon.com Inc Capital Reinvestment Ratio (1997–2025)
This chart tracks Amazon.com Inc's Capital Reinvestment Ratio across 26 annual periods.
Annual Capital Reinvestment Ratio for Amazon.com Inc (1997–2025)
Year-by-year Capital Reinvestment Ratio for Amazon.com Inc from 1997 to 2025. For live market cap and broader valuation context, see AMZN market cap.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.94x | $139.51 Billion | $131.82 Billion | ▲ +31.9% |
| 2024 | 0.72x | $115.88 Billion | $83.00 Billion | ▲ +15.4% |
| 2023 | 0.62x | $84.95 Billion | $52.73 Billion | ▼ -54.4% |
| 2022 | 1.36x | $46.75 Billion | $63.65 Billion | ▲ +3.3% |
| 2021 | 1.32x | $46.33 Billion | $61.05 Billion | ▲ +116.9% |
| 2020 | 0.61x | $66.06 Billion | $40.14 Billion | ▲ +38.8% |
| 2019 | 0.44x | $38.51 Billion | $16.86 Billion | ▲ +0.2% |
| 2018 | 0.44x | $30.72 Billion | $13.43 Billion | ▼ -32.9% |
| 2017 | 0.65x | $18.36 Billion | $11.96 Billion | ▲ +43.5% |
| 2016 | 0.45x | $17.20 Billion | $7.80 Billion | ▲ +1.4% |
| 2015 | 0.45x | $12.04 Billion | $5.39 Billion | ▼ -37.4% |
| 2014 | 0.72x | $6.84 Billion | $4.89 Billion | ▲ +13.7% |
| 2013 | 0.63x | $5.47 Billion | $3.44 Billion | ▼ -30.5% |
| 2012 | 0.91x | $4.18 Billion | $3.79 Billion | ▲ +95.2% |
| 2011 | 0.46x | $3.90 Billion | $1.81 Billion | ▲ +65.6% |
| 2010 | 0.28x | $3.50 Billion | $979.00 Million | ▲ +147.3% |
| 2009 | 0.11x | $3.29 Billion | $373.00 Million | ▼ -42.3% |
| 2008 | 0.20x | $1.70 Billion | $333.00 Million | ▲ +23.1% |
| 2007 | 0.16x | $1.41 Billion | $224.00 Million | ▼ -48.2% |
| 2006 | 0.31x | $702.00 Million | $216.00 Million | ▲ +10.6% |
| 2005 | 0.28x | $733.00 Million | $204.00 Million | ▲ +77.0% |
| 2004 | 0.16x | $566.00 Million | $89.00 Million | ▲ +34.3% |
| 2003 | 0.12x | $393.00 Million | $46.00 Million | ▼ -47.9% |
| 2002 | 0.22x | $174.29 Million | $39.16 Million | ▼ -75.4% |
| 1998 | 0.91x | $31.04 Million | $28.33 Million | ▼ -91.8% |
| 1997 | 11.07x | $687.00K | $7.60 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow