Meta Platforms Inc. (META) — Capital Reinvestment Ratio
Meta Platforms Inc. (META) has a Capital Reinvestment Ratio of 0.95x as of June 2026, meaning it reinvests 1% of its operating cash flow ($31.86 Billion) in capital expenditures ($30.12 Billion). Check META goodwill-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
Meta Platforms Inc. Capital Reinvestment Ratio (2009–2025)
This chart tracks Meta Platforms Inc.'s Capital Reinvestment Ratio across 17 annual periods. For the full cash flow conversion analysis, see META cash flow conversion.
Annual Capital Reinvestment Ratio for Meta Platforms Inc. (2009–2025)
Year-by-year Capital Reinvestment Ratio for Meta Platforms Inc. from 2009 to 2025. See how much free cash does Meta Platforms 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 | 0.60x | $115.80 Billion | $69.69 Billion | ▲ +47.5% |
| 2024 | 0.41x | $91.33 Billion | $37.26 Billion | ▲ +6.4% |
| 2023 | 0.38x | $71.11 Billion | $27.27 Billion | ▼ -38.4% |
| 2022 | 0.62x | $50.48 Billion | $31.43 Billion | ▲ +93.5% |
| 2021 | 0.32x | $57.68 Billion | $18.57 Billion | ▼ -17.5% |
| 2020 | 0.39x | $38.75 Billion | $15.12 Billion | ▼ -6.2% |
| 2019 | 0.42x | $36.31 Billion | $15.10 Billion | ▼ -12.5% |
| 2018 | 0.48x | $29.27 Billion | $13.91 Billion | ▲ +71.0% |
| 2017 | 0.28x | $24.22 Billion | $6.73 Billion | ▼ -0.3% |
| 2016 | 0.28x | $16.11 Billion | $4.49 Billion | ▼ -5.0% |
| 2015 | 0.29x | $8.60 Billion | $2.52 Billion | ▼ -12.6% |
| 2014 | 0.34x | $5.46 Billion | $1.83 Billion | ▲ +4.0% |
| 2013 | 0.32x | $4.22 Billion | $1.36 Billion | ▼ -57.9% |
| 2012 | 0.77x | $1.61 Billion | $1.24 Billion | ▲ +95.8% |
| 2011 | 0.39x | $1.55 Billion | $606.00 Million | ▼ -6.8% |
| 2010 | 0.42x | $698.00 Million | $293.00 Million | ▲ +97.2% |
| 2009 | 0.21x | $155.00 Million | $33.00 Million | — |