Amazon.com Inc Capital Reinvestment Ratio
Amazon.com Inc capital reinvestment ratio. Amazon.com Inc (AMZN) has a Capital Reinvestment Ratio of 1.19x as of June 2026, meaning it reinvests 1% of its operating cash flow ($45.39 Billion) in capital expenditures ($54.21 Billion). See Amazon.com Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Amazon.com Inc (1997–2025)
Capital reinvestment ratio of Amazon.com Inc from 1997 to 2025. This chart tracks Amazon.com Inc's Capital Reinvestment Ratio across 26 annual periods. See how financially flexible is Amazon.com Inc to measure the company's free cash flow as a share of total liabilities.
Amazon.com Inc Capital Reinvestment Ratio by Year (1997–2025)
Amazon.com Inc capital reinvestment ratio by year from 1997 to 2025. For the full cash flow conversion analysis, see AMZN cash flow metrics.
| 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 | — |