Upwork Inc (UPWK) — Capital Reinvestment Ratio
Upwork Inc (UPWK) has a Capital Reinvestment Ratio of 0.01x as of December 2025, meaning it reinvests 0% of its operating cash flow ($63.70 Million) in capital expenditures ($455.00K). Check tangible net worth ratio of Upwork Inc to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Upwork Inc Capital Reinvestment Ratio (2016–2025)
This chart tracks Upwork Inc's Capital Reinvestment Ratio across 9 annual periods. For the full cash flow conversion analysis, see UPWK operating cash flow.
Annual Capital Reinvestment Ratio for Upwork Inc (2016–2025)
Year-by-year Capital Reinvestment Ratio for Upwork Inc from 2016 to 2025. See Upwork Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.02x | $248.26 Million | $5.79 Million | ▼ -75.2% |
| 2024 | 0.09x | $153.56 Million | $14.44 Million | ▼ -69.7% |
| 2023 | 0.31x | $52.71 Million | $16.35 Million | ▼ -59.2% |
| 2022 | 0.76x | $11.50 Million | $8.73 Million | ▲ +34.1% |
| 2021 | 0.57x | $10.84 Million | $6.14 Million | ▼ -11.8% |
| 2020 | 0.64x | $22.36 Million | $14.37 Million | ▼ -95.9% |
| 2019 | 15.73x | $1.06 Million | $16.64 Million | ▲ +3059.4% |
| 2018 | 0.50x | $13.74 Million | $6.84 Million | ▲ +85.2% |
| 2016 | 0.27x | $3.15 Million | $846.00K | — |