Lumen Technologies Inc (LUMN) — Capital Reinvestment Ratio
Lumen Technologies Inc (LUMN) has a Capital Reinvestment Ratio of 0.93x as of June 2026, meaning it reinvests 1% of its operating cash flow ($971.00 Million) in capital expenditures ($902.00 Million). Check Lumen Technologies Inc (LUMN) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Lumen Technologies Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Lumen Technologies Inc's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see Lumen Technologies Inc cash flow conversion.
Annual Capital Reinvestment Ratio for Lumen Technologies Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Lumen Technologies Inc from 1989 to 2025. See Lumen Technologies Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.92x | $4.74 Billion | $4.37 Billion | ▲ +23.6% |
| 2024 | 0.75x | $4.33 Billion | $3.23 Billion | ▼ -48.0% |
| 2023 | 1.44x | $2.16 Billion | $3.10 Billion | ▲ +125.3% |
| 2022 | 0.64x | $4.74 Billion | $3.02 Billion | ▲ +42.8% |
| 2021 | 0.45x | $6.50 Billion | $2.90 Billion | ▼ -22.0% |
| 2020 | 0.57x | $6.52 Billion | $3.73 Billion | ▲ +5.2% |
| 2019 | 0.54x | $6.68 Billion | $3.63 Billion | ▲ +20.3% |
| 2018 | 0.45x | $7.03 Billion | $3.17 Billion | ▼ -43.6% |
| 2017 | 0.80x | $3.88 Billion | $3.11 Billion | ▲ +23.8% |
| 2016 | 0.65x | $4.61 Billion | $2.98 Billion | ▲ +16.0% |
| 2015 | 0.56x | $5.15 Billion | $2.87 Billion | ▼ -5.1% |
| 2014 | 0.59x | $5.19 Billion | $3.05 Billion | ▲ +7.1% |
| 2013 | 0.55x | $5.56 Billion | $3.05 Billion | ▲ +13.9% |
| 2012 | 0.48x | $6.07 Billion | $2.92 Billion | ▼ -16.1% |
| 2011 | 0.57x | $4.20 Billion | $2.41 Billion | ▲ +35.9% |
| 2010 | 0.42x | $2.04 Billion | $863.77 Million | ▼ -12.1% |
| 2009 | 0.48x | $1.57 Billion | $756.54 Million | ▲ +43.0% |
| 2008 | 0.34x | $853.30 Million | $286.82 Million | ▲ +6.2% |
| 2007 | 0.32x | $1.03 Billion | $326.05 Million | ▼ -15.3% |
| 2006 | 0.37x | $840.72 Million | $314.07 Million | ▼ -13.1% |
| 2005 | 0.43x | $964.74 Million | $414.87 Million | ▲ +6.7% |
| 2004 | 0.40x | $955.83 Million | $385.32 Million | ▲ +13.9% |
| 2003 | 0.35x | $1.07 Billion | $377.94 Million | ▼ -27.1% |
| 2002 | 0.49x | $795.40 Million | $386.27 Million | ▼ -36.2% |
| 2001 | 0.76x | $665.36 Million | $506.73 Million | ▼ -4.7% |
| 2000 | 0.80x | $562.47 Million | $449.54 Million | ▼ -20.5% |
| 1999 | 1.01x | $408.70 Million | $411.00 Million | ▼ -12.3% |
| 1998 | 1.15x | $467.80 Million | $536.50 Million | ▲ +88.2% |
| 1997 | 0.61x | $297.30 Million | $181.20 Million | ▼ -27.6% |
| 1996 | 0.84x | $264.70 Million | $222.90 Million | ▼ -7.6% |
| 1995 | 0.91x | $215.70 Million | $196.60 Million | ▼ -9.3% |
| 1994 | 1.01x | $199.80 Million | $200.80 Million | ▼ -17.9% |
| 1993 | 1.22x | $166.80 Million | $204.20 Million | ▲ +27.8% |
| 1992 | 0.96x | $146.30 Million | $140.10 Million | ▼ -6.0% |
| 1991 | 1.02x | $93.90 Million | $95.70 Million | ▲ +35.3% |
| 1990 | 0.75x | $86.80 Million | $65.40 Million | ▼ -29.7% |
| 1989 | 1.07x | $58.20 Million | $62.40 Million | — |