Graham Holdings Co (GHC) — Capital Reinvestment Ratio
Graham Holdings Co (GHC) has a Capital Reinvestment Ratio of 0.38x as of June 2026, meaning it reinvests 0% of its operating cash flow ($52.68 Million) in capital expenditures ($20.06 Million). Check how tangible is Graham Holdings Co's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Graham Holdings Co Capital Reinvestment Ratio (1989–2025)
This chart tracks Graham Holdings Co's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see how efficiently does Graham Holdings Co generate cash.
Annual Capital Reinvestment Ratio for Graham Holdings Co (1989–2025)
Year-by-year Capital Reinvestment Ratio for Graham Holdings Co from 1989 to 2025. See cash generation quality of Graham Holdings Co to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.21x | $339.54 Million | $71.88 Million | ▲ +3.9% |
| 2024 | 0.20x | $406.99 Million | $82.91 Million | ▼ -43.3% |
| 2023 | 0.36x | $259.88 Million | $93.45 Million | ▲ +2.5% |
| 2022 | 0.35x | $235.60 Million | $82.68 Million | ▼ -56.3% |
| 2021 | 0.80x | $202.43 Million | $162.54 Million | ▲ +143.1% |
| 2020 | 0.33x | $210.66 Million | $69.59 Million | ▼ -41.6% |
| 2019 | 0.57x | $165.16 Million | $93.50 Million | ▲ +65.5% |
| 2018 | 0.34x | $287.02 Million | $98.19 Million | ▲ +51.9% |
| 2017 | 0.23x | $268.06 Million | $60.36 Million | ▼ -11.7% |
| 2016 | 0.25x | $261.26 Million | $66.61 Million | ▼ -86.1% |
| 2015 | 1.83x | $74.80 Million | $136.86 Million | ▲ +187.1% |
| 2014 | 0.64x | $372.37 Million | $237.29 Million | ▼ -6.8% |
| 2013 | 0.68x | $327.86 Million | $224.09 Million | ▲ +49.6% |
| 2012 | 0.46x | $477.21 Million | $218.00 Million | ▼ -17.0% |
| 2011 | 0.55x | $393.29 Million | $216.38 Million | ▲ +56.6% |
| 2010 | 0.35x | $693.72 Million | $243.71 Million | ▼ -11.0% |
| 2009 | 0.39x | $652.99 Million | $257.76 Million | ▼ -26.8% |
| 2008 | 0.54x | $535.77 Million | $288.92 Million | ▲ +8.1% |
| 2007 | 0.50x | $581.19 Million | $290.01 Million | ▲ +4.5% |
| 2006 | 0.48x | $594.75 Million | $284.02 Million | ▲ +4.7% |
| 2005 | 0.46x | $522.77 Million | $238.35 Million | ▲ +25.2% |
| 2004 | 0.36x | $561.72 Million | $204.63 Million | ▼ -2.0% |
| 2003 | 0.37x | $337.71 Million | $125.59 Million | ▲ +20.9% |
| 2002 | 0.31x | $497.47 Million | $152.99 Million | ▼ -52.2% |
| 2001 | 0.64x | $348.83 Million | $224.23 Million | ▲ +37.4% |
| 2000 | 0.47x | $368.54 Million | $172.38 Million | ▲ +1.8% |
| 1999 | 0.46x | $283.00 Million | $130.00 Million | ▼ -58.0% |
| 1998 | 1.09x | $223.10 Million | $244.20 Million | ▲ +63.3% |
| 1997 | 0.67x | $320.10 Million | $214.60 Million | ▲ +140.8% |
| 1996 | 0.28x | $287.40 Million | $80.00 Million | ▼ -43.6% |
| 1995 | 0.49x | $246.50 Million | $121.70 Million | ▲ +49.1% |
| 1994 | 0.33x | $225.30 Million | $74.60 Million | ▼ -15.2% |
| 1993 | 0.39x | $202.60 Million | $79.10 Million | ▲ +60.5% |
| 1992 | 0.24x | $242.20 Million | $58.90 Million | ▲ +0.4% |
| 1991 | 0.24x | $229.90 Million | $55.70 Million | ▼ -13.6% |
| 1990 | 0.28x | $260.90 Million | $73.20 Million | ▲ +4.6% |
| 1989 | 0.27x | $301.00 Million | $80.70 Million | — |