Harmonic Inc (HLIT) — Capital Reinvestment Ratio
Harmonic Inc (HLIT) has a Capital Reinvestment Ratio of 0.04x as of March 2026, meaning it reinvests 0% of its operating cash flow ($31.69 Million) in capital expenditures ($1.40 Million). Check how tangible is Harmonic Inc's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Harmonic Inc Capital Reinvestment Ratio (1995–2025)
This chart tracks Harmonic Inc's Capital Reinvestment Ratio across 25 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Harmonic Inc.
Annual Capital Reinvestment Ratio for Harmonic Inc (1995–2025)
Year-by-year Capital Reinvestment Ratio for Harmonic Inc from 1995 to 2025. See how much free cash does Harmonic 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 | 0.10x | $107.97 Million | $11.08 Million | ▼ -30.8% |
| 2024 | 0.15x | $61.92 Million | $9.19 Million | ▼ -87.6% |
| 2023 | 1.20x | $7.06 Million | $8.47 Million | ▼ -28.9% |
| 2022 | 1.69x | $5.48 Million | $9.25 Million | ▲ +434.0% |
| 2021 | 0.32x | $41.02 Million | $12.97 Million | ▼ -61.5% |
| 2020 | 0.82x | $39.16 Million | $32.20 Million | ▲ +149.2% |
| 2019 | 0.33x | $31.30 Million | $10.33 Million | ▼ -42.4% |
| 2018 | 0.57x | $12.28 Million | $7.04 Million | ▼ -84.6% |
| 2017 | 3.72x | $3.06 Million | $11.40 Million | ▼ -89.2% |
| 2016 | 34.49x | $438.00K | $15.11 Million | ▲ +1425.9% |
| 2015 | 2.26x | $6.35 Million | $14.36 Million | ▲ +963.8% |
| 2014 | 0.21x | $47.37 Million | $10.06 Million | ▼ -21.7% |
| 2013 | 0.27x | $53.76 Million | $14.58 Million | ▲ +52.3% |
| 2012 | 0.18x | $70.81 Million | $12.61 Million | ▼ -53.4% |
| 2011 | 0.38x | $45.18 Million | $17.27 Million | ▼ -80.9% |
| 2010 | 2.00x | $17.84 Million | $35.62 Million | ▲ +173.9% |
| 2009 | 0.73x | $11.09 Million | $8.09 Million | ▲ +384.7% |
| 2008 | 0.15x | $60.13 Million | $9.05 Million | ▼ -9.3% |
| 2007 | 0.17x | $35.36 Million | $5.87 Million | ▼ -72.1% |
| 2006 | 0.60x | $8.63 Million | $5.14 Million | ▲ +68.8% |
| 2005 | 0.35x | $16.05 Million | $5.67 Million | ▼ -17.3% |
| 1999 | 0.43x | $21.80 Million | $9.30 Million | ▼ -82.2% |
| 1997 | 2.40x | $2.00 Million | $4.80 Million | ▼ -89.3% |
| 1996 | 22.33x | $300.00K | $6.70 Million | ▲ +1557.0% |
| 1995 | 1.35x | $2.30 Million | $3.10 Million | — |