Applied Materials Inc (AMAT) — Cash Flow Reinvestment Rate

Latest as of April 2026: 0.94x

Applied Materials Inc (AMAT) has a Cash Flow Reinvestment Rate of 0.94x as of April 2026, reinvesting $790.00 Million (capex $635.00 Million plus investments $-155.00 Million) from operating cash flow of $843.00 Million. See cash generation quality of Applied Materials Inc to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.94x
(Capex + Investments) / Operating CF

Total Reinvested

$790.00 Million
Capex + Investments

Operating Cash Flow

$843.00 Million
USD

Capital Expenditures

$635.00 Million
USD

Applied Materials Inc Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Applied Materials Inc across 37 annual periods. For the full cash flow conversion analysis, see Applied Materials Inc cash flow conversion.

Annual Cash Flow Reinvestment Rate for Applied Materials Inc (1989–2025)

Year-by-year capital reinvestment analysis for Applied Materials Inc. See Applied Materials Inc (AMAT) flexibility index 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 0.35x $2.79 Billion $7.96 Billion $2.26 Billion ▼ -13.6%
2024 0.41x $3.52 Billion $8.68 Billion $1.19 Billion ▲ +33.5%
2023 0.30x $2.64 Billion $8.70 Billion $1.11 Billion ▲ +78.9%
2022 0.17x $916.00 Million $5.40 Billion $787.00 Million ▼ -23.3%
2021 0.22x $1.20 Billion $5.44 Billion $668.00 Million ▲ +2.5%
2020 0.22x $821.00 Million $3.80 Billion $422.00 Million ▲ +50.1%
2019 0.14x $467.00 Million $3.25 Billion $441.00 Million ▼ -70.1%
2018 0.48x $1.82 Billion $3.79 Billion $622.00 Million ▼ -29.4%
2017 0.68x $2.46 Billion $3.61 Billion $345.00 Million ▲ +310.6%
2016 0.17x $409.00 Million $2.47 Billion $253.00 Million ▼ -30.4%
2015 0.24x $277.00 Million $1.16 Billion $215.00 Million ▲ +39.2%
2014 0.17x $308.00 Million $1.80 Billion $241.00 Million ▼ -82.3%
2013 0.97x $603.00 Million $623.00 Million $197.00 Million ▲ +281.2%
2012 0.25x $470.00 Million $1.85 Billion $162.00 Million ▼ -38.3%
2011 0.41x $998.00 Million $2.43 Billion $209.00 Million ▲ +31.5%
2010 0.31x $539.01 Million $1.72 Billion $169.08 Million ▼ -82.9%
2009 1.83x $609.54 Million $333.38 Million $248.43 Million ▲ +986.3%
2008 0.17x $287.91 Million $1.71 Billion $287.91 Million ▲ +40.4%
2007 0.12x $264.78 Million $2.21 Billion $264.78 Million ▲ +29.3%
2006 0.09x $179.48 Million $1.94 Billion $179.48 Million ▼ -42.1%
2005 0.16x $199.65 Million $1.25 Billion $199.65 Million ▲ +36.7%
2004 0.12x $190.58 Million $1.63 Billion $190.58 Million ▼ -64.6%
2003 0.33x $265.28 Million $801.75 Million $265.28 Million ▼ -61.0%
2002 0.85x $417.08 Million $492.14 Million $417.08 Million ▲ +88.5%
2001 0.45x $710.62 Million $1.58 Billion $710.62 Million ▲ +93.8%
2000 0.23x $383.25 Million $1.65 Billion $383.25 Million ▲ +22.9%
1999 0.19x $204.00 Million $1.08 Billion $204.00 Million ▼ -65.6%
1998 0.55x $448.60 Million $816.40 Million $448.60 Million ▲ +13.6%
1997 0.48x $339.40 Million $701.70 Million $339.40 Million ▼ -26.0%
1996 0.65x $452.50 Million $692.00 Million $452.50 Million ▼ -64.9%
1995 1.86x $265.60 Million $142.70 Million $265.60 Million ▲ +14.5%
1994 1.63x $180.40 Million $111.00 Million $180.40 Million ▲ +91.3%
1993 0.85x $99.40 Million $117.00 Million $99.40 Million ▼ -24.5%
1992 1.13x $66.60 Million $59.20 Million $66.60 Million ▼ -35.0%
1991 1.73x $67.50 Million $39.00 Million $67.50 Million ▼ -33.9%
1990 2.62x $111.10 Million $42.40 Million $111.10 Million ▼ -5.9%
1989 2.79x $42.90 Million $15.40 Million $42.90 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow