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. Check how high is Amazon.com Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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. Explore Amazon.com Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.

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 market cap of Amazon.com Inc.

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