Barrick Gold Corp (ABX) — Capital Reinvestment Ratio
Barrick Gold Corp (ABX) has a Capital Reinvestment Ratio of 0.39x as of December 2025, meaning it reinvests 0% of its operating cash flow (CA$2.87 Billion) in capital expenditures (CA$1.12 Billion). Check Barrick Gold Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Barrick Gold Corp Capital Reinvestment Ratio (1995–2025)
This chart tracks Barrick Gold Corp's Capital Reinvestment Ratio across 30 annual periods. For the full cash flow conversion analysis, see Barrick Gold Corp (ABX) cash flow conversion.
Annual Capital Reinvestment Ratio for Barrick Gold Corp (1995–2025)
Year-by-year Capital Reinvestment Ratio for Barrick Gold Corp from 1995 to 2025. See cash generation quality of Barrick Gold Corp to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.48x | CA$8.08 Billion | CA$3.89 Billion | ▼ -31.9% |
| 2024 | 0.71x | CA$4.49 Billion | CA$3.17 Billion | ▼ -14.5% |
| 2023 | 0.83x | CA$3.73 Billion | CA$3.09 Billion | ▼ -5.6% |
| 2022 | 0.88x | CA$3.48 Billion | CA$3.05 Billion | ▲ +57.5% |
| 2021 | 0.56x | CA$4.38 Billion | CA$2.44 Billion | ▲ +46.7% |
| 2020 | 0.38x | CA$5.42 Billion | CA$2.05 Billion | ▼ -36.8% |
| 2019 | 0.60x | CA$2.83 Billion | CA$1.70 Billion | ▼ -24.3% |
| 2018 | 0.79x | CA$1.76 Billion | CA$1.40 Billion | ▲ +17.3% |
| 2017 | 0.68x | CA$2.06 Billion | CA$1.40 Billion | ▲ +58.5% |
| 2016 | 0.43x | CA$2.64 Billion | CA$1.13 Billion | ▼ -30.4% |
| 2015 | 0.61x | CA$2.79 Billion | CA$1.71 Billion | ▼ -42.1% |
| 2014 | 1.06x | CA$2.30 Billion | CA$2.43 Billion | ▼ -18.4% |
| 2013 | 1.30x | CA$4.24 Billion | CA$5.50 Billion | ▲ +10.8% |
| 2012 | 1.17x | CA$5.44 Billion | CA$6.37 Billion | ▲ +25.2% |
| 2011 | 0.94x | CA$5.32 Billion | CA$4.97 Billion | ▲ +16.2% |
| 2010 | 0.81x | CA$4.13 Billion | CA$3.32 Billion | ▲ +0.0% |
| 2008 | 0.81x | CA$2.21 Billion | CA$1.78 Billion | ▲ +34.9% |
| 2007 | 0.60x | CA$1.75 Billion | CA$1.05 Billion | ▲ +18.1% |
| 2006 | 0.51x | CA$2.15 Billion | CA$1.09 Billion | ▼ -66.8% |
| 2005 | 1.52x | CA$725.77 Million | CA$1.10 Billion | ▼ -6.6% |
| 2004 | 1.63x | CA$505.88 Million | CA$824.24 Million | ▲ +147.2% |
| 2003 | 0.66x | CA$582.98 Million | CA$384.26 Million | ▲ +47.7% |
| 2002 | 0.45x | CA$651.97 Million | CA$291.03 Million | ▼ -44.8% |
| 2001 | 0.81x | CA$679.11 Million | CA$549.06 Million | ▼ -14.3% |
| 2000 | 0.94x | CA$704.76 Million | CA$664.76 Million | ▲ +6.8% |
| 1999 | 0.88x | CA$702.01 Million | CA$620.03 Million | ▼ -6.1% |
| 1998 | 0.94x | CA$539.05 Million | CA$507.01 Million | ▲ +18.8% |
| 1997 | 0.79x | CA$470.02 Million | CA$372.02 Million | ▼ -54.0% |
| 1996 | 1.72x | CA$462.97 Million | CA$795.99 Million | ▲ +124.4% |
| 1995 | 0.77x | CA$502.38 Million | CA$384.97 Million | — |