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. Check cash flow quality index of Apple Inc to evaluate the quality of earnings relative to operating cash generation.
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. Explore Apple Inc long-term investment intensity to see how much of total assets are deployed in long-term investments.
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 AAPL company 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 | — |