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. See Apple Inc (AAPL) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see how efficiently does Apple Inc generate cash.
Annual Cash Flow Reinvestment Rate for Apple Inc (1989–2025)
Year-by-year capital reinvestment analysis for Apple Inc. See AAPL financial flexibility score to measure the company's free cash flow as a share of total liabilities.
| 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 | — |