BlackRock Inc (BLK) — Capital Reinvestment Ratio
BlackRock Inc (BLK) has a Capital Reinvestment Ratio of 0.06x as of December 2025, meaning it reinvests 0% of its operating cash flow ($2.28 Billion) in capital expenditures ($130.00 Million). Check BLK 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
BlackRock Inc Capital Reinvestment Ratio (1998–2025)
This chart tracks BlackRock Inc's Capital Reinvestment Ratio across 28 annual periods. For the full cash flow conversion analysis, see how efficiently does BlackRock Inc generate cash.
Annual Capital Reinvestment Ratio for BlackRock Inc (1998–2025)
Year-by-year Capital Reinvestment Ratio for BlackRock Inc from 1998 to 2025. See BLK FCF generation index 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 | $3.93 Billion | $375.00 Million | ▲ +85.6% |
| 2024 | 0.05x | $4.96 Billion | $255.00 Million | ▼ -37.7% |
| 2023 | 0.08x | $4.17 Billion | $344.00 Million | ▼ -23.2% |
| 2022 | 0.11x | $4.96 Billion | $533.00 Million | ▲ +55.9% |
| 2021 | 0.07x | $4.94 Billion | $341.00 Million | ▲ +33.1% |
| 2020 | 0.05x | $3.74 Billion | $194.00 Million | ▼ -41.2% |
| 2019 | 0.09x | $2.88 Billion | $254.00 Million | ▲ +32.8% |
| 2018 | 0.07x | $3.08 Billion | $204.00 Million | ▲ +63.8% |
| 2017 | 0.04x | $3.83 Billion | $155.00 Million | ▼ -26.7% |
| 2016 | 0.06x | $2.15 Billion | $119.00 Million | ▼ -24.9% |
| 2015 | 0.07x | $3.00 Billion | $221.00 Million | ▲ +243.4% |
| 2014 | 0.02x | $3.08 Billion | $66.00 Million | ▼ -17.0% |
| 2013 | 0.03x | $3.64 Billion | $94.00 Million | ▼ -61.5% |
| 2012 | 0.07x | $2.24 Billion | $150.00 Million | ▼ -23.4% |
| 2011 | 0.09x | $2.83 Billion | $247.00 Million | ▲ +64.7% |
| 2010 | 0.05x | $2.49 Billion | $132.00 Million | ▲ +10.8% |
| 2009 | 0.05x | $1.40 Billion | $67.00 Million | ▲ +19.2% |
| 2008 | 0.04x | $1.92 Billion | $77.00 Million | ▼ -78.8% |
| 2007 | 0.19x | $587.45 Million | $111.32 Million | ▲ +62.6% |
| 2006 | 0.12x | $720.88 Million | $83.99 Million | ▼ -46.1% |
| 2005 | 0.22x | $254.94 Million | $55.15 Million | ▲ +95.6% |
| 2004 | 0.11x | $231.36 Million | $25.59 Million | ▲ +47.7% |
| 2003 | 0.07x | $179.59 Million | $13.45 Million | ▼ -69.9% |
| 2002 | 0.25x | $172.04 Million | $42.83 Million | ▲ +2.9% |
| 2001 | 0.24x | $167.37 Million | $40.48 Million | ▼ -19.8% |
| 2000 | 0.30x | $108.61 Million | $32.76 Million | ▲ +85.4% |
| 1999 | 0.16x | $116.33 Million | $18.93 Million | ▲ +4.0% |
| 1998 | 0.16x | $53.70 Million | $8.40 Million | — |