Amdocs Ltd (DOX) — Capital Reinvestment Ratio
Amdocs Ltd (DOX) has a Capital Reinvestment Ratio of 0.15x as of December 2025, meaning it reinvests 0% of its operating cash flow ($220.18 Million) in capital expenditures ($32.24 Million). Check DOX intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Amdocs Ltd Capital Reinvestment Ratio (1997–2025)
This chart tracks Amdocs Ltd's Capital Reinvestment Ratio across 29 annual periods. For the full cash flow conversion analysis, see DOX operating cash flow.
Annual Capital Reinvestment Ratio for Amdocs Ltd (1997–2025)
Year-by-year Capital Reinvestment Ratio for Amdocs Ltd from 1997 to 2025. See Amdocs Ltd free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.14x | $749.10 Million | $103.95 Million | ▼ -4.7% |
| 2024 | 0.15x | $724.43 Million | $105.50 Million | ▼ -3.7% |
| 2023 | 0.15x | $822.63 Million | $124.36 Million | ▼ -49.7% |
| 2022 | 0.30x | $756.72 Million | $227.22 Million | ▲ +32.1% |
| 2021 | 0.23x | $925.81 Million | $210.44 Million | ▼ -27.2% |
| 2020 | 0.31x | $658.14 Million | $205.51 Million | ▲ +60.0% |
| 2019 | 0.20x | $656.38 Million | $128.09 Million | ▼ -53.0% |
| 2018 | 0.41x | $557.25 Million | $231.15 Million | ▲ +97.8% |
| 2017 | 0.21x | $636.11 Million | $133.39 Million | ▼ 0.0% |
| 2016 | 0.21x | $620.23 Million | $130.09 Million | ▲ +34.5% |
| 2015 | 0.16x | $772.62 Million | $120.50 Million | ▼ -0.9% |
| 2014 | 0.16x | $709.26 Million | $111.57 Million | ▼ -1.2% |
| 2013 | 0.16x | $670.55 Million | $106.72 Million | ▼ -33.0% |
| 2012 | 0.24x | $514.07 Million | $122.05 Million | ▲ +15.8% |
| 2011 | 0.21x | $535.49 Million | $109.78 Million | ▲ +61.6% |
| 2010 | 0.13x | $685.20 Million | $86.94 Million | ▼ -20.9% |
| 2009 | 0.16x | $519.16 Million | $83.33 Million | ▼ -42.9% |
| 2008 | 0.28x | $483.62 Million | $135.82 Million | ▼ -28.5% |
| 2007 | 0.39x | $424.00 Million | $166.43 Million | ▲ +108.7% |
| 2006 | 0.19x | $429.22 Million | $80.72 Million | ▲ +0.6% |
| 2005 | 0.19x | $381.75 Million | $71.37 Million | ▲ +18.9% |
| 2004 | 0.16x | $344.40 Million | $54.15 Million | ▼ -3.8% |
| 2003 | 0.16x | $381.97 Million | $62.41 Million | ▲ +15.0% |
| 2002 | 0.14x | $412.28 Million | $58.56 Million | ▼ -47.8% |
| 2001 | 0.27x | $337.99 Million | $91.89 Million | ▲ +38.2% |
| 2000 | 0.20x | $287.59 Million | $56.57 Million | ▼ -29.0% |
| 1999 | 0.28x | $152.30 Million | $42.20 Million | ▼ -30.7% |
| 1998 | 0.40x | $66.50 Million | $26.60 Million | ▼ -78.9% |
| 1997 | 1.90x | $25.90 Million | $49.10 Million | — |