Biogen Inc (BIIB) — Capital Reinvestment Ratio
Biogen Inc (BIIB) has a Capital Reinvestment Ratio of 0.09x as of December 2025, meaning it reinvests 0% of its operating cash flow ($511.90 Million) in capital expenditures ($43.90 Million). See BIIB equity financing ratio to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Biogen Inc Capital Reinvestment Ratio (1990–2025)
This chart tracks Biogen Inc's Capital Reinvestment Ratio across 36 annual periods. Check how aggressively does Biogen Inc reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Biogen Inc (1990–2025)
Year-by-year Capital Reinvestment Ratio for Biogen Inc from 1990 to 2025. For live market cap and broader valuation context, see Biogen Inc market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.07x | $2.20 Billion | $153.80 Million | ▼ -44.2% |
| 2024 | 0.13x | $2.88 Billion | $359.80 Million | ▼ -37.8% |
| 2023 | 0.20x | $1.55 Billion | $311.40 Million | ▲ +15.9% |
| 2022 | 0.17x | $1.38 Billion | $240.30 Million | ▲ +114.3% |
| 2021 | 0.08x | $3.64 Billion | $294.90 Million | ▼ -37.9% |
| 2020 | 0.13x | $4.23 Billion | $551.80 Million | ▲ +79.5% |
| 2019 | 0.07x | $7.08 Billion | $514.50 Million | ▼ -41.6% |
| 2018 | 0.12x | $6.19 Billion | $770.60 Million | ▼ -34.7% |
| 2017 | 0.19x | $4.55 Billion | $867.40 Million | ▲ +39.9% |
| 2016 | 0.14x | $4.52 Billion | $616.10 Million | ▼ -21.3% |
| 2015 | 0.17x | $3.72 Billion | $643.00 Million | ▲ +76.9% |
| 2014 | 0.10x | $2.94 Billion | $287.80 Million | ▼ -93.5% |
| 2013 | 1.50x | $2.35 Billion | $3.51 Billion | ▲ +1005.1% |
| 2012 | 0.14x | $1.88 Billion | $254.55 Million | ▼ -7.2% |
| 2011 | 0.15x | $1.73 Billion | $252.18 Million | ▲ +37.0% |
| 2010 | 0.11x | $1.62 Billion | $173.06 Million | ▼ -30.9% |
| 2009 | 0.15x | $1.07 Billion | $165.65 Million | ▼ -12.6% |
| 2008 | 0.18x | $1.56 Billion | $275.95 Million | ▼ -36.6% |
| 2007 | 0.28x | $1.02 Billion | $284.11 Million | ▲ +18.1% |
| 2006 | 0.24x | $841.27 Million | $198.31 Million | ▼ -34.1% |
| 2005 | 0.36x | $889.50 Million | $318.38 Million | ▼ -29.5% |
| 2004 | 0.51x | $727.99 Million | $369.76 Million | ▼ -63.0% |
| 2003 | 1.37x | $219.21 Million | $301.25 Million | ▲ +121.2% |
| 2002 | 0.62x | $267.08 Million | $165.90 Million | ▲ +0.5% |
| 2001 | 0.62x | $316.36 Million | $195.53 Million | ▲ +13.6% |
| 2000 | 0.54x | $365.94 Million | $199.12 Million | ▲ +71.6% |
| 1999 | 0.32x | $272.29 Million | $86.33 Million | ▲ +58.3% |
| 1998 | 0.20x | $167.84 Million | $33.61 Million | ▼ -45.0% |
| 1997 | 0.36x | $97.63 Million | $35.55 Million | ▼ -74.2% |
| 1996 | 1.41x | $46.54 Million | $65.64 Million | ▼ -73.5% |
| 1995 | 5.32x | $9.45 Million | $50.31 Million | ▲ +325.3% |
| 1994 | 1.25x | $34.89 Million | $43.67 Million | ▲ +451.7% |
| 1993 | 0.23x | $47.60 Million | $10.80 Million | ▲ +4.0% |
| 1992 | 0.22x | $43.10 Million | $9.40 Million | ▼ -84.7% |
| 1991 | 1.42x | $5.90 Million | $8.40 Million | ▲ +37.2% |
| 1990 | 1.04x | $10.70 Million | $11.10 Million | — |