Amazon.com Inc (AMZN) — Cash Flow Reinvestment Rate

Latest as of March 2026: 1.91x

Amazon.com Inc (AMZN) has a Cash Flow Reinvestment Rate of 1.91x as of March 2026, reinvesting $49.77 Billion (capex $44.20 Billion plus investments $-5.57 Billion) from operating cash flow of $26.03 Billion. Explore AMZN capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

1.91x
(Capex + Investments) / Operating CF

Total Reinvested

$49.77 Billion
Capex + Investments

Operating Cash Flow

$26.03 Billion
USD

Capital Expenditures

$44.20 Billion
USD

Amazon.com Inc Cash Flow Reinvestment Rate (1997–2025)

Historical reinvestment intensity for Amazon.com Inc across 26 annual periods. Also explore AMZN total asset value for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Amazon.com Inc (1997–2025)

Year-by-year capital reinvestment analysis for Amazon.com Inc. For live market cap and broader valuation context, see Amazon.com Inc market capitalisation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 1.02x $142.20 Billion $139.51 Billion $131.82 Billion ▼ -33.4%
2024 1.53x $177.34 Billion $115.88 Billion $83.00 Billion ▲ +29.0%
2023 1.19x $100.78 Billion $84.95 Billion $52.73 Billion ▼ -40.2%
2022 1.98x $92.68 Billion $46.75 Billion $63.65 Billion ▲ +48.5%
2021 1.33x $61.83 Billion $46.33 Billion $61.05 Billion ▲ +41.3%
2020 0.94x $62.38 Billion $66.06 Billion $40.14 Billion ▲ +39.9%
2019 0.67x $25.99 Billion $38.51 Billion $16.86 Billion ▲ +42.3%
2018 0.47x $14.57 Billion $30.72 Billion $13.43 Billion ▼ -44.7%
2017 0.86x $15.74 Billion $18.36 Billion $11.96 Billion ▲ +36.2%
2016 0.63x $10.83 Billion $17.20 Billion $7.80 Billion ▲ +17.4%
2015 0.54x $6.45 Billion $12.04 Billion $5.39 Billion ▼ -35.7%
2014 0.83x $5.70 Billion $6.84 Billion $4.89 Billion ▲ +15.1%
2013 0.72x $3.96 Billion $5.47 Billion $3.44 Billion ▼ -35.9%
2012 1.13x $4.72 Billion $4.18 Billion $3.79 Billion ▲ +83.9%
2011 0.61x $2.40 Billion $3.90 Billion $1.81 Billion ▼ -28.6%
2010 0.86x $3.01 Billion $3.50 Billion $979.00 Million ▲ +23.4%
2009 0.70x $2.30 Billion $3.29 Billion $373.00 Million ▲ +255.5%
2008 0.20x $333.00 Million $1.70 Billion $333.00 Million ▲ +23.1%
2007 0.16x $224.00 Million $1.41 Billion $224.00 Million ▼ -48.2%
2006 0.31x $216.00 Million $702.00 Million $216.00 Million ▲ +10.6%
2005 0.28x $204.00 Million $733.00 Million $204.00 Million ▲ +77.0%
2004 0.16x $89.00 Million $566.00 Million $89.00 Million ▲ +34.3%
2003 0.12x $46.00 Million $393.00 Million $46.00 Million ▼ -47.9%
2002 0.22x $39.16 Million $174.29 Million $39.16 Million ▼ -75.4%
1998 0.91x $28.33 Million $31.04 Million $28.33 Million ▼ -91.8%
1997 11.07x $7.60 Million $687.00K $7.60 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow