The Boeing Company (BA) — Capital Reinvestment Ratio
The Boeing Company (BA) has a Capital Reinvestment Ratio of 1.89x as of December 2025, meaning it reinvests 2% of its operating cash flow ($1.33 Billion) in capital expenditures ($2.52 Billion). Check tangible equity quality of The Boeing Company to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
The Boeing Company Capital Reinvestment Ratio (1990–2025)
This chart tracks The Boeing Company's Capital Reinvestment Ratio across 31 annual periods. For the full cash flow conversion analysis, see cash flow conversion of The Boeing Company.
Annual Capital Reinvestment Ratio for The Boeing Company (1990–2025)
Year-by-year Capital Reinvestment Ratio for The Boeing Company from 1990 to 2025. See BA cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 2.76x | $1.06 Billion | $2.94 Billion | ▲ +978.2% |
| 2023 | 0.26x | $5.96 Billion | $1.53 Billion | ▼ -26.4% |
| 2022 | 0.35x | $3.51 Billion | $1.22 Billion | ▲ +197.7% |
| 2018 | 0.12x | $15.32 Billion | $1.79 Billion | ▼ -16.6% |
| 2017 | 0.14x | $13.34 Billion | $1.87 Billion | ▼ -43.7% |
| 2016 | 0.25x | $10.50 Billion | $2.61 Billion | ▼ -4.9% |
| 2015 | 0.26x | $9.36 Billion | $2.45 Billion | ▲ +3.7% |
| 2014 | 0.25x | $8.86 Billion | $2.24 Billion | ▼ -7.7% |
| 2013 | 0.27x | $8.18 Billion | $2.24 Billion | ▲ +20.1% |
| 2012 | 0.23x | $7.51 Billion | $1.71 Billion | ▼ -46.5% |
| 2011 | 0.43x | $4.02 Billion | $1.71 Billion | ▲ +11.5% |
| 2010 | 0.38x | $2.95 Billion | $1.13 Billion | ▲ +80.4% |
| 2009 | 0.21x | $5.60 Billion | $1.19 Billion | ▲ +17.2% |
| 2007 | 0.18x | $9.58 Billion | $1.73 Billion | ▼ -19.4% |
| 2006 | 0.22x | $7.50 Billion | $1.68 Billion | ▲ +1.4% |
| 2005 | 0.22x | $7.00 Billion | $1.55 Billion | ▼ -21.9% |
| 2004 | 0.28x | $3.46 Billion | $978.00 Million | ▲ +48.1% |
| 2003 | 0.19x | $3.88 Billion | $741.00 Million | ▼ -16.6% |
| 2002 | 0.23x | $4.38 Billion | $1.00 Billion | ▼ -18.3% |
| 2001 | 0.28x | $3.81 Billion | $1.07 Billion | ▲ +78.5% |
| 2000 | 0.16x | $5.94 Billion | $932.00 Million | ▼ -21.0% |
| 1999 | 0.20x | $6.22 Billion | $1.24 Billion | ▼ -70.3% |
| 1998 | 0.67x | $2.37 Billion | $1.58 Billion | ▲ +1.0% |
| 1997 | 0.66x | $2.10 Billion | $1.39 Billion | ▲ +93.2% |
| 1996 | 0.34x | $2.22 Billion | $762.00 Million | ▼ -41.9% |
| 1995 | 0.59x | $1.07 Billion | $629.00 Million | ▼ -20.1% |
| 1994 | 0.74x | $1.08 Billion | $795.00 Million | ▼ -31.8% |
| 1993 | 1.08x | $1.22 Billion | $1.32 Billion | ▲ +68.4% |
| 1992 | 0.64x | $3.36 Billion | $2.16 Billion | ▼ -50.2% |
| 1991 | 1.29x | $1.43 Billion | $1.85 Billion | ▲ +171.4% |
| 1990 | 0.48x | $3.34 Billion | $1.59 Billion | — |