GlaxoSmithKline PLC (GSK) — Cash Flow Reinvestment Rate
Latest as of September 2025:
1.08x
GlaxoSmithKline PLC (GSK) has a Cash Flow Reinvestment Rate of 1.08x as of September 2025, reinvesting GBX2.41 Billion (capex GBX879.00 Million plus investments GBX-1.53 Billion) from operating cash flow of GBX2.22 Billion. Check GSK cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
1.08x
(Capex + Investments) / Operating CF
Total Reinvested
GBX2.41 Billion
Capex + Investments
Operating Cash Flow
GBX2.22 Billion
GBX
Capital Expenditures
GBX879.00 Million
GBX
GlaxoSmithKline PLC Cash Flow Reinvestment Rate (1990–2024)
Historical reinvestment intensity for GlaxoSmithKline PLC across 40 annual periods. Explore GlaxoSmithKline PLC long-term investment allocation to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for GlaxoSmithKline PLC (1990–2024)
Year-by-year capital reinvestment analysis for GlaxoSmithKline PLC. For live market cap and broader valuation context, see GSK market cap.
| Year | Reinvestment Rate | Total Reinvested (GBX) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.64x | GBX4.21 Billion | GBX6.55 Billion | GBX2.98 Billion | ▲ +10.4% |
| 2023 | 0.58x | GBX3.94 Billion | GBX6.77 Billion | GBX2.34 Billion | ▼ -60.9% |
| 2022 | 1.49x | GBX11.03 Billion | GBX7.40 Billion | GBX2.26 Billion | ▲ +262.9% |
| 2021 | 0.41x | GBX3.27 Billion | GBX7.95 Billion | GBX2.93 Billion | ▼ -31.9% |
| 2020 | 0.60x | GBX5.09 Billion | GBX8.44 Billion | GBX2.24 Billion | ▲ +104.8% |
| 2019 | 0.29x | GBX2.36 Billion | GBX8.02 Billion | GBX2.16 Billion | ▲ +26.5% |
| 2018 | 0.23x | GBX1.96 Billion | GBX8.42 Billion | GBX1.80 Billion | ▼ -32.1% |
| 2017 | 0.34x | GBX2.37 Billion | GBX6.92 Billion | GBX2.20 Billion | ▼ -38.5% |
| 2016 | 0.56x | GBX3.62 Billion | GBX6.50 Billion | GBX2.35 Billion | ▼ -47.4% |
| 2015 | 1.06x | GBX2.72 Billion | GBX2.57 Billion | GBX1.90 Billion | ▲ +193.9% |
| 2014 | 0.36x | GBX1.87 Billion | GBX5.18 Billion | GBX1.75 Billion | ▲ +26.2% |
| 2013 | 0.29x | GBX2.06 Billion | GBX7.22 Billion | GBX1.70 Billion | ▼ -17.8% |
| 2012 | 0.35x | GBX1.52 Billion | GBX4.38 Billion | GBX1.52 Billion | ▲ +63.5% |
| 2011 | 0.21x | GBX1.33 Billion | GBX6.25 Billion | GBX1.33 Billion | ▼ -11.7% |
| 2010 | 0.24x | GBX1.64 Billion | GBX6.80 Billion | GBX1.64 Billion | ▲ +0.7% |
| 2009 | 0.24x | GBX1.87 Billion | GBX7.84 Billion | GBX1.87 Billion | ▼ -15.6% |
| 2008 | 0.28x | GBX2.07 Billion | GBX7.31 Billion | GBX2.07 Billion | ▼ -23.5% |
| 2007 | 0.37x | GBX2.14 Billion | GBX5.79 Billion | GBX2.14 Billion | ▼ -7.9% |
| 2006 | 0.40x | GBX1.59 Billion | GBX3.96 Billion | GBX1.59 Billion | ▲ +90.0% |
| 2005 | 0.21x | GBX1.18 Billion | GBX5.59 Billion | GBX1.18 Billion | ▲ +295.2% |
| 2004 | 0.05x | GBX255.00 Million | GBX4.77 Billion | GBX255.00 Million | ▼ -75.6% |
| 2003 | 0.22x | GBX1.06 Billion | GBX4.85 Billion | GBX1.06 Billion | ▼ -45.4% |
| 2002 | 0.40x | GBX1.23 Billion | GBX3.06 Billion | GBX1.23 Billion | ▲ +65.4% |
| 2001 | 0.24x | GBX1.12 Billion | GBX4.61 Billion | GBX1.12 Billion | ▼ -59.3% |
| 2000 | 0.60x | GBX1.10 Billion | GBX1.85 Billion | GBX1.10 Billion | ▼ -49.1% |
| 1999 | 1.17x | GBX597.00 Million | GBX510.00 Million | GBX597.00 Million | ▲ +1.0% |
| 1998 | 1.16x | GBX475.00 Million | GBX410.00 Million | GBX475.00 Million | ▲ +71.7% |
| 1997 | 0.67x | GBX415.00 Million | GBX615.00 Million | GBX415.00 Million | ▲ +42.9% |
| 1996 | 0.47x | GBX401.00 Million | GBX849.00 Million | GBX401.00 Million | ▼ -13.5% |
| 1995 | 0.55x | GBX684.00 Million | GBX1.25 Billion | GBX684.00 Million | ▲ +175.5% |
| 1995 | 0.20x | GBX485.59 Million | GBX2.45 Billion | GBX485.59 Million | ▲ +0.0% |
| 1994 | 0.20x | GBX485.59 Million | GBX2.45 Billion | GBX485.59 Million | ▼ -63.7% |
| 1994 | 0.55x | GBX575.00 Million | GBX1.05 Billion | GBX575.00 Million | ▲ +0.0% |
| 1993 | 0.55x | GBX575.00 Million | GBX1.05 Billion | GBX575.00 Million | ▼ -16.7% |
| 1993 | 0.66x | GBX608.00 Million | GBX927.00 Million | GBX608.00 Million | ▲ +0.0% |
| 1992 | 0.66x | GBX608.00 Million | GBX927.00 Million | GBX608.00 Million | ▼ -27.5% |
| 1992 | 0.90x | GBX594.00 Million | GBX657.00 Million | GBX594.00 Million | ▲ +0.0% |
| 1991 | 0.90x | GBX594.00 Million | GBX657.00 Million | GBX594.00 Million | ▼ -8.2% |
| 1991 | 0.99x | GBX606.00 Million | GBX615.00 Million | GBX606.00 Million | ▲ +0.0% |
| 1990 | 0.99x | GBX606.00 Million | GBX615.00 Million | GBX606.00 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow