Apple Inc (AAPL) — Cash Flow Reinvestment Rate
Apple Inc (AAPL) has a Cash Flow Reinvestment Rate of 0.09x as of December 2025, reinvesting $4.73 Billion (capex $2.37 Billion plus investments $-2.36 Billion) from operating cash flow of $53.92 Billion. Explore AAPL capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Apple Inc Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Apple Inc across 35 annual periods. Also explore Apple Inc balance sheet assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Apple Inc (1989–2025)
Year-by-year capital reinvestment analysis for Apple Inc. For live market cap and broader valuation context, see Apple Inc market cap and net worth.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.38x | $42.10 Billion | $111.48 Billion | $12.71 Billion | ▲ +93.0% |
| 2024 | 0.20x | $23.14 Billion | $118.25 Billion | $9.45 Billion | ▼ -19.8% |
| 2023 | 0.24x | $26.96 Billion | $110.54 Billion | $10.96 Billion | ▲ +47.0% |
| 2022 | 0.17x | $20.27 Billion | $122.15 Billion | $10.71 Billion | ▼ -32.6% |
| 2021 | 0.25x | $25.63 Billion | $104.04 Billion | $11.09 Billion | ▲ +71.4% |
| 2020 | 0.14x | $11.60 Billion | $80.67 Billion | $7.31 Billion | ▼ -82.3% |
| 2019 | 0.81x | $56.39 Billion | $69.39 Billion | $10.49 Billion | ▲ +42.5% |
| 2018 | 0.57x | $44.16 Billion | $77.43 Billion | $13.31 Billion | ▼ -21.1% |
| 2017 | 0.72x | $45.99 Billion | $63.60 Billion | $12.45 Billion | ▲ +6.4% |
| 2016 | 0.68x | $44.76 Billion | $65.82 Billion | $12.73 Billion | ▼ -0.7% |
| 2015 | 0.68x | $55.66 Billion | $81.27 Billion | $11.25 Billion | ▲ +120.0% |
| 2014 | 0.31x | $18.59 Billion | $59.71 Billion | $9.57 Billion | ▼ -48.1% |
| 2013 | 0.60x | $32.21 Billion | $53.67 Billion | $8.16 Billion | ▼ -34.7% |
| 2012 | 0.92x | $46.72 Billion | $50.86 Billion | $8.29 Billion | ▼ -6.1% |
| 2011 | 0.98x | $36.72 Billion | $37.53 Billion | $4.26 Billion | ▲ +38.9% |
| 2010 | 0.70x | $13.10 Billion | $18.59 Billion | $2.00 Billion | ▼ -58.6% |
| 2009 | 1.70x | $17.29 Billion | $10.16 Billion | $1.14 Billion | ▲ +1397.0% |
| 2008 | 0.11x | $1.09 Billion | $9.60 Billion | $1.09 Billion | ▼ -15.4% |
| 2007 | 0.13x | $735.00 Million | $5.47 Billion | $735.00 Million | ▼ -54.6% |
| 2006 | 0.30x | $657.00 Million | $2.22 Billion | $657.00 Million | ▲ +188.5% |
| 2005 | 0.10x | $260.00 Million | $2.54 Billion | $260.00 Million | ▼ -45.6% |
| 2004 | 0.19x | $176.00 Million | $934.00 Million | $176.00 Million | ▼ -66.8% |
| 2003 | 0.57x | $164.00 Million | $289.00 Million | $164.00 Million | ▼ -71.0% |
| 2002 | 1.96x | $174.00 Million | $89.00 Million | $174.00 Million | ▲ +55.9% |
| 2001 | 1.25x | $232.00 Million | $185.00 Million | $232.00 Million | ▲ +868.1% |
| 2000 | 0.13x | $107.00 Million | $826.00 Million | $107.00 Million | ▲ +119.9% |
| 1999 | 0.06x | $47.00 Million | $798.00 Million | $47.00 Million | ▼ -18.5% |
| 1998 | 0.07x | $56.00 Million | $775.00 Million | $56.00 Million | ▼ -74.4% |
| 1997 | 0.28x | $53.00 Million | $188.00 Million | $53.00 Million | ▲ +118.4% |
| 1996 | 0.13x | $67.00 Million | $519.00 Million | $67.00 Million | ▼ -40.4% |
| 1994 | 0.22x | $159.59 Million | $737.00 Million | $159.59 Million | ▼ -1.8% |
| 1992 | 0.22x | $194.85 Million | $883.70 Million | $194.85 Million | ▼ -87.0% |
| 1991 | 1.70x | $218.30 Million | $128.70 Million | $218.30 Million | ▲ +628.9% |
| 1990 | 0.23x | $224.30 Million | $963.90 Million | $224.30 Million | ▼ -50.6% |
| 1989 | 0.47x | $239.00 Million | $507.30 Million | $239.00 Million | — |