Graham Holdings Co (GHC) — Capital Reinvestment Ratio
Graham Holdings Co (GHC) has a Capital Reinvestment Ratio of 0.28x as of March 2026, meaning it reinvests 0% of its operating cash flow ($67.73 Million) in capital expenditures ($19.17 Million). See GHC net asset quality index to measure how much of total assets are equity-financed.
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. Check Graham Holdings Co total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Graham Holdings Co (1989–2025)
Year-by-year Capital Reinvestment Ratio for Graham Holdings Co from 1989 to 2025. For live market cap and broader valuation context, see Graham Holdings Co stock valuation.
| 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 | — |