Graham Holdings Co (GHC) — Capital Reinvestment Ratio
Latest as of March 2026:
0.28x
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 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.28x
Capex / Operating Cash Flow
Operating Cash Flow
$67.73 Million
USD
Capital Expenditures
$19.17 Million
USD
Data as of
Mar 2026
Most recent filing
Graham Holdings Co Capital Reinvestment Ratio (1989–2025)
This chart tracks Graham Holdings Co's Capital Reinvestment Ratio across 37 annual periods.
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 GHC stock market capitalisation.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow