Walt Disney Company (DIS) — Capital Reinvestment Ratio
Walt Disney Company (DIS) has a Capital Reinvestment Ratio of 0.29x as of March 2026, meaning it reinvests 0% of its operating cash flow ($6.91 Billion) in capital expenditures ($1.97 Billion). See Walt Disney Company balance sheet independence to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Walt Disney Company Capital Reinvestment Ratio (1989–2025)
This chart tracks Walt Disney Company's Capital Reinvestment Ratio across 37 annual periods. Check Walt Disney Company cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Walt Disney Company (1989–2025)
Year-by-year Capital Reinvestment Ratio for Walt Disney Company from 1989 to 2025. For live market cap and broader valuation context, see DIS stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.44x | $18.10 Billion | $8.02 Billion | ▲ +14.4% |
| 2024 | 0.39x | $13.97 Billion | $5.41 Billion | ▼ -23.1% |
| 2023 | 0.50x | $9.87 Billion | $4.97 Billion | ▼ -38.8% |
| 2022 | 0.82x | $6.01 Billion | $4.94 Billion | ▲ +28.0% |
| 2021 | 0.64x | $5.57 Billion | $3.58 Billion | ▲ +21.7% |
| 2020 | 0.53x | $7.62 Billion | $4.02 Billion | ▼ -28.5% |
| 2019 | 0.74x | $6.61 Billion | $4.88 Billion | ▲ +136.3% |
| 2018 | 0.31x | $14.29 Billion | $4.46 Billion | ▲ +6.4% |
| 2017 | 0.29x | $12.34 Billion | $3.62 Billion | ▼ -18.7% |
| 2016 | 0.36x | $13.21 Billion | $4.77 Billion | ▼ -7.6% |
| 2015 | 0.39x | $10.91 Billion | $4.26 Billion | ▲ +15.5% |
| 2014 | 0.34x | $9.78 Billion | $3.31 Billion | ▲ +14.4% |
| 2013 | 0.30x | $9.45 Billion | $2.80 Billion | ▼ -37.7% |
| 2012 | 0.48x | $7.97 Billion | $3.78 Billion | ▼ -6.7% |
| 2011 | 0.51x | $6.99 Billion | $3.56 Billion | ▲ +58.6% |
| 2010 | 0.32x | $6.58 Billion | $2.11 Billion | ▼ -2.7% |
| 2009 | 0.33x | $5.32 Billion | $1.75 Billion | ▲ +13.2% |
| 2008 | 0.29x | $5.45 Billion | $1.59 Billion | ▲ +0.8% |
| 2007 | 0.29x | $5.42 Billion | $1.57 Billion | ▲ +34.7% |
| 2006 | 0.21x | $6.06 Billion | $1.30 Billion | ▼ -49.8% |
| 2005 | 0.43x | $4.27 Billion | $1.82 Billion | ▲ +39.0% |
| 2004 | 0.31x | $4.64 Billion | $1.43 Billion | ▼ -15.0% |
| 2003 | 0.36x | $2.90 Billion | $1.05 Billion | ▼ -23.9% |
| 2002 | 0.48x | $2.29 Billion | $1.09 Billion | ▼ -19.3% |
| 2001 | 0.59x | $3.05 Billion | $1.79 Billion | ▲ +80.1% |
| 2000 | 0.33x | $6.43 Billion | $2.10 Billion | ▼ -25.5% |
| 1999 | 0.44x | $5.59 Billion | $2.45 Billion | ▼ -11.1% |
| 1998 | 0.49x | $5.12 Billion | $2.53 Billion | ▲ +81.6% |
| 1997 | 0.27x | $7.06 Billion | $1.92 Billion | ▼ -27.9% |
| 1996 | 0.38x | $4.62 Billion | $1.75 Billion | ▲ +47.7% |
| 1995 | 0.26x | $3.51 Billion | $896.50 Million | ▼ -30.1% |
| 1994 | 0.37x | $2.81 Billion | $1.03 Billion | ▼ -1.2% |
| 1993 | 0.37x | $2.15 Billion | $793.70 Million | ▲ +24.9% |
| 1992 | 0.30x | $1.84 Billion | $544.40 Million | ▼ -57.1% |
| 1991 | 0.69x | $1.50 Billion | $1.04 Billion | ▲ +31.0% |
| 1990 | 0.53x | $1.36 Billion | $716.30 Million | ▼ -48.6% |
| 1989 | 1.03x | $1.28 Billion | $1.31 Billion | — |