Eli Lilly and Company (LLY) — Capital Reinvestment Ratio
Eli Lilly and Company (LLY) has a Capital Reinvestment Ratio of 0.27x as of June 2026, meaning it reinvests 0% of its operating cash flow ($10.69 Billion) in capital expenditures ($2.93 Billion). Check Eli Lilly and Company tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Eli Lilly and Company Capital Reinvestment Ratio (1989–2025)
This chart tracks Eli Lilly and Company's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see LLY operating cash flow.
Annual Capital Reinvestment Ratio for Eli Lilly and Company (1989–2025)
Year-by-year Capital Reinvestment Ratio for Eli Lilly and Company from 1989 to 2025. See cash generation quality of Eli Lilly and Company to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.47x | $16.81 Billion | $7.84 Billion | ▼ -51.1% |
| 2024 | 0.95x | $8.82 Billion | $8.40 Billion | ▼ -45.3% |
| 2023 | 1.74x | $4.24 Billion | $7.39 Billion | ▲ +397.2% |
| 2022 | 0.35x | $7.08 Billion | $2.48 Billion | ▲ +35.9% |
| 2021 | 0.26x | $7.26 Billion | $1.87 Billion | ▼ -17.4% |
| 2020 | 0.31x | $6.50 Billion | $2.03 Billion | ▲ +11.6% |
| 2019 | 0.28x | $4.84 Billion | $1.35 Billion | ▼ -48.8% |
| 2018 | 0.55x | $5.52 Billion | $3.02 Billion | ▲ +41.8% |
| 2017 | 0.39x | $5.62 Billion | $2.16 Billion | ▲ +71.2% |
| 2016 | 0.23x | $4.85 Billion | $1.09 Billion | ▼ -59.0% |
| 2015 | 0.55x | $2.96 Billion | $1.63 Billion | ▲ +56.2% |
| 2014 | 0.35x | $4.46 Billion | $1.57 Billion | ▲ +84.2% |
| 2013 | 0.19x | $5.74 Billion | $1.09 Billion | ▼ -3.2% |
| 2012 | 0.20x | $5.30 Billion | $1.04 Billion | ▼ -15.9% |
| 2011 | 0.23x | $7.23 Billion | $1.69 Billion | ▲ +35.2% |
| 2010 | 0.17x | $6.86 Billion | $1.19 Billion | ▼ -12.2% |
| 2009 | 0.20x | $4.34 Billion | $855.00 Million | ▲ +51.9% |
| 2008 | 0.13x | $7.30 Billion | $947.20 Million | ▼ -38.2% |
| 2007 | 0.21x | $5.15 Billion | $1.08 Billion | ▼ -22.5% |
| 2006 | 0.27x | $3.98 Billion | $1.08 Billion | ▼ -60.0% |
| 2005 | 0.68x | $1.91 Billion | $1.30 Billion | ▲ +2.6% |
| 2004 | 0.66x | $2.87 Billion | $1.90 Billion | ▲ +41.3% |
| 2003 | 0.47x | $3.65 Billion | $1.71 Billion | ▼ -14.3% |
| 2002 | 0.55x | $2.07 Billion | $1.13 Billion | ▲ +126.2% |
| 2001 | 0.24x | $3.66 Billion | $884.00 Million | ▲ +32.9% |
| 2000 | 0.18x | $3.73 Billion | $677.90 Million | ▼ -9.9% |
| 1999 | 0.20x | $2.62 Billion | $528.30 Million | ▲ +26.3% |
| 1998 | 0.16x | $2.63 Billion | $419.90 Million | ▲ +4.6% |
| 1997 | 0.15x | $2.40 Billion | $366.30 Million | ▼ -31.5% |
| 1996 | 0.22x | $1.99 Billion | $443.90 Million | ▼ -26.2% |
| 1995 | 0.30x | $1.82 Billion | $551.30 Million | ▼ -19.7% |
| 1994 | 0.38x | $1.53 Billion | $576.50 Million | ▼ -9.9% |
| 1993 | 0.42x | $1.52 Billion | $633.50 Million | ▼ -38.2% |
| 1992 | 0.68x | $1.48 Billion | $1.00 Billion | ▼ -25.8% |
| 1991 | 0.91x | $1.25 Billion | $1.14 Billion | ▲ +33.3% |
| 1990 | 0.68x | $1.47 Billion | $1.01 Billion | ▲ +27.2% |
| 1989 | 0.54x | $1.03 Billion | $554.50 Million | — |