Becton Dickinson and Company (BDX) — Capital Reinvestment Ratio

Latest as of June 2026: 0.58x

Becton Dickinson and Company (BDX) has a Capital Reinvestment Ratio of 0.58x as of June 2026, meaning it reinvests 1% of its operating cash flow ($652.00 Million) in capital expenditures ($376.00 Million). Check Becton Dickinson and Company (BDX) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.58x
Capex / Operating Cash Flow

Operating Cash Flow

$652.00 Million
USD

Capital Expenditures

$376.00 Million
USD

Data as of

Jun 2026
Most recent filing

Becton Dickinson and Company Capital Reinvestment Ratio (1989–2025)

This chart tracks Becton Dickinson and Company's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see Becton Dickinson and Company cash conversion from operations.

Annual Capital Reinvestment Ratio for Becton Dickinson and Company (1989–2025)

Year-by-year Capital Reinvestment Ratio for Becton Dickinson and Company from 1989 to 2025. See free cash flow generation of Becton Dickinson and Company to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2025 0.22x $3.43 Billion $760.00 Million ▲ +16.1%
2024 0.19x $3.80 Billion $725.00 Million ▼ -34.7%
2023 0.29x $2.99 Billion $874.00 Million ▼ -20.9%
2022 0.37x $2.63 Billion $973.00 Million ▲ +39.5%
2021 0.26x $4.65 Billion $1.23 Billion ▲ +15.7%
2020 0.23x $3.54 Billion $810.00 Million ▼ -20.4%
2019 0.29x $3.33 Billion $957.00 Million ▼ -8.0%
2018 0.31x $2.87 Billion $895.00 Million ▲ +9.6%
2017 0.29x $2.55 Billion $727.00 Million ▲ +1.6%
2016 0.28x $2.56 Billion $718.00 Million ▼ -23.4%
2015 0.37x $1.73 Billion $633.00 Million ▼ -2.2%
2014 0.37x $1.74 Billion $653.00 Million ▼ -4.0%
2013 0.39x $1.51 Billion $588.00 Million ▲ +24.1%
2012 0.31x $1.76 Billion $553.64 Million ▼ -10.8%
2011 0.35x $1.72 Billion $605.26 Million ▼ -2.7%
2010 0.36x $1.74 Billion $632.47 Million ▼ -11.2%
2009 0.41x $1.72 Billion $700.69 Million ▲ +5.7%
2008 0.39x $1.69 Billion $651.29 Million ▼ -17.3%
2007 0.47x $1.24 Billion $578.73 Million ▲ +4.2%
2006 0.45x $1.08 Billion $482.10 Million ▲ +72.9%
2005 0.26x $1.23 Billion $317.63 Million ▲ +7.0%
2004 0.24x $1.10 Billion $265.72 Million ▼ -16.0%
2003 0.29x $905.70 Million $261.04 Million ▼ -7.2%
2002 0.31x $836.03 Million $259.70 Million ▼ -34.8%
2001 0.48x $778.64 Million $370.75 Million ▼ -22.1%
2000 0.61x $615.49 Million $376.37 Million ▼ -61.5%
1999 1.59x $431.80 Million $685.80 Million ▲ +10.8%
1998 1.43x $500.80 Million $717.90 Million ▲ +71.0%
1997 0.84x $442.70 Million $371.10 Million ▲ +137.6%
1996 0.35x $460.40 Million $162.40 Million ▲ +30.5%
1995 0.27x $472.20 Million $127.60 Million ▼ -4.6%
1994 0.28x $479.50 Million $135.80 Million ▼ -50.8%
1993 0.58x $319.80 Million $184.20 Million ▼ -4.4%
1992 0.60x $308.20 Million $185.60 Million ▼ -27.5%
1991 0.83x $254.10 Million $211.10 Million ▼ -18.4%
1990 1.02x $259.00 Million $263.60 Million ▼ -52.4%
1989 2.14x $146.90 Million $314.40 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow