Berkshire Hathaway Inc Capital Reinvestment Ratio
Berkshire Hathaway Inc capital reinvestment ratio. Berkshire Hathaway Inc (BRK-A) has a Capital Reinvestment Ratio of 0.48x as of March 2026, meaning it reinvests 0% of its operating cash flow ($10.44 Billion) in capital expenditures ($4.99 Billion). See BRK-A free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Berkshire Hathaway Inc (1991–2025)
Capital reinvestment ratio of Berkshire Hathaway Inc from 1991 to 2025. This chart tracks Berkshire Hathaway Inc's Capital Reinvestment Ratio across 32 annual periods. See financial flexibility index of Berkshire Hathaway Inc to measure the company's free cash flow as a share of total liabilities.
Berkshire Hathaway Inc Capital Reinvestment Ratio by Year (1991–2025)
Berkshire Hathaway Inc capital reinvestment ratio by year from 1991 to 2025. For the full cash flow conversion analysis, see Berkshire Hathaway Inc (BRK-A) cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.46x | $45.97 Billion | $20.93 Billion | ▼ -26.6% |
| 2024 | 0.62x | $30.59 Billion | $18.98 Billion | ▲ +57.2% |
| 2023 | 0.39x | $49.20 Billion | $19.41 Billion | ▼ -5.0% |
| 2022 | 0.42x | $37.22 Billion | $15.46 Billion | ▲ +23.4% |
| 2021 | 0.34x | $39.42 Billion | $13.28 Billion | ▲ +2.9% |
| 2020 | 0.33x | $39.77 Billion | $13.01 Billion | ▼ -20.8% |
| 2019 | 0.41x | $38.69 Billion | $15.98 Billion | ▲ +6.3% |
| 2018 | 0.39x | $37.40 Billion | $14.54 Billion | ▲ +52.0% |
| 2017 | 0.26x | $45.78 Billion | $11.71 Billion | ▼ -35.8% |
| 2016 | 0.40x | $32.53 Billion | $12.95 Billion | ▼ -22.0% |
| 2015 | 0.51x | $31.49 Billion | $16.08 Billion | ▲ +7.7% |
| 2014 | 0.47x | $32.01 Billion | $15.19 Billion | ▲ +18.5% |
| 2013 | 0.40x | $27.70 Billion | $11.09 Billion | ▼ -14.2% |
| 2012 | 0.47x | $20.95 Billion | $9.78 Billion | ▲ +16.6% |
| 2011 | 0.40x | $20.48 Billion | $8.19 Billion | ▲ +19.7% |
| 2010 | 0.33x | $17.89 Billion | $5.98 Billion | ▲ +7.3% |
| 2009 | 0.31x | $15.85 Billion | $4.94 Billion | ▼ -42.9% |
| 2008 | 0.55x | $11.25 Billion | $6.14 Billion | ▲ +27.4% |
| 2007 | 0.43x | $12.55 Billion | $5.37 Billion | ▼ -4.5% |
| 2006 | 0.45x | $10.20 Billion | $4.57 Billion | ▲ +92.9% |
| 2005 | 0.23x | $9.45 Billion | $2.19 Billion | ▲ +43.3% |
| 2004 | 0.16x | $7.41 Billion | $1.20 Billion | ▲ +12.1% |
| 2003 | 0.14x | $8.26 Billion | $1.20 Billion | ▼ -48.3% |
| 2002 | 0.28x | $11.20 Billion | $3.13 Billion | ▼ -65.8% |
| 2001 | 0.82x | $6.57 Billion | $5.38 Billion | ▲ +745.6% |
| 2000 | 0.10x | $2.95 Billion | $285.00 Million | ▼ -87.3% |
| 1999 | 0.76x | $2.20 Billion | $1.68 Billion | ▼ -31.5% |
| 1998 | 1.12x | $657.00 Million | $733.00 Million | ▲ +1111.4% |
| 1997 | 0.09x | $2.34 Billion | $215.10 Million | ▼ -48.6% |
| 1996 | 0.18x | $1.26 Billion | $225.60 Million | ▲ +48.9% |
| 1992 | 0.12x | $997.20 Million | $119.90 Million | ▼ -47.0% |
| 1991 | 0.23x | $709.20 Million | $161.00 Million | — |