AstraZeneca PLC (AZN) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.49x

AstraZeneca PLC (AZN) has a Cash Flow Reinvestment Rate of 0.49x as of March 2026, reinvesting $1.63 Billion (capex $1.54 Billion plus investments $-93.00 Million) from operating cash flow of $3.36 Billion. See how much free cash does AstraZeneca PLC generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.49x
(Capex + Investments) / Operating CF

Total Reinvested

$1.63 Billion
Capex + Investments

Operating Cash Flow

$3.36 Billion
USD

Capital Expenditures

$1.54 Billion
USD

AstraZeneca PLC Cash Flow Reinvestment Rate (1990–2025)

Historical reinvestment intensity for AstraZeneca PLC across 36 annual periods. For the full cash flow conversion analysis, see how efficiently does AstraZeneca PLC generate cash.

Annual Cash Flow Reinvestment Rate for AstraZeneca PLC (1990–2025)

Year-by-year capital reinvestment analysis for AstraZeneca PLC. See AZN free cash flow debt coverage 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 0.20x $2.91 Billion $14.57 Billion $2.81 Billion ▼ -48.5%
2024 0.39x $4.60 Billion $11.86 Billion $4.59 Billion ▲ +6.0%
2023 0.37x $3.79 Billion $10.35 Billion $3.78 Billion ▲ +33.5%
2022 0.27x $2.69 Billion $9.81 Billion $2.57 Billion ▼ -28.3%
2021 0.38x $2.28 Billion $5.96 Billion $2.20 Billion ▼ -29.6%
2020 0.54x $2.61 Billion $4.80 Billion $2.61 Billion ▼ -34.5%
2019 0.83x $2.46 Billion $2.97 Billion $2.46 Billion ▲ +58.2%
2018 0.52x $1.37 Billion $2.62 Billion $1.37 Billion ▲ +15.7%
2017 0.45x $1.62 Billion $3.58 Billion $1.62 Billion ▼ -18.9%
2016 0.56x $2.31 Billion $4.14 Billion $2.31 Billion ▼ -33.4%
2015 0.84x $2.79 Billion $3.32 Billion $2.79 Billion ▲ +115.1%
2014 0.39x $2.75 Billion $7.06 Billion $2.75 Billion ▲ +40.2%
2013 0.28x $2.06 Billion $7.40 Billion $2.06 Billion ▼ -58.2%
2012 0.66x $4.62 Billion $6.95 Billion $4.62 Billion ▲ +300.9%
2011 0.17x $1.30 Billion $7.82 Billion $1.30 Billion ▼ -26.8%
2010 0.23x $2.42 Billion $10.68 Billion $2.42 Billion ▼ -10.0%
2009 0.25x $2.96 Billion $11.74 Billion $2.96 Billion ▼ -45.5%
2008 0.46x $4.04 Billion $8.74 Billion $4.04 Billion ▲ +106.7%
2007 0.22x $1.68 Billion $7.51 Billion $1.68 Billion ▲ +28.4%
2006 0.17x $1.34 Billion $7.69 Billion $1.34 Billion ▲ +19.9%
2005 0.15x $979.00 Million $6.74 Billion $979.00 Million ▲ +113.1%
2004 0.07x $332.00 Million $4.87 Billion $332.00 Million ▼ -81.8%
2003 0.38x $1.28 Billion $3.42 Billion $1.28 Billion ▲ +35.4%
2002 0.28x $1.34 Billion $4.83 Billion $1.34 Billion ▼ -66.8%
2001 0.84x $2.26 Billion $2.71 Billion $2.26 Billion ▲ +33.7%
2000 0.63x $1.46 Billion $2.34 Billion $1.46 Billion ▼ -79.4%
1999 3.03x $2.75 Billion $908.55 Million $2.75 Billion ▲ +215.4%
1998 0.96x $844.88 Million $879.74 Million $844.88 Million ▼ -5.0%
1997 1.01x $755.47 Million $747.21 Million $755.47 Million ▲ +24.7%
1996 0.81x $638.76 Million $787.75 Million $638.76 Million ▲ +10.2%
1995 0.74x $431.11 Million $585.64 Million $431.11 Million ▼ -6.5%
1994 0.79x $492.47 Million $625.36 Million $492.47 Million ▲ +20.0%
1993 0.66x $462.99 Million $705.58 Million $462.99 Million ▼ -66.7%
1992 1.97x $406.47 Million $206.27 Million $406.47 Million ▲ +158.3%
1991 0.76x $385.46 Million $505.22 Million $385.46 Million ▲ +13.9%
1990 0.67x $540.10 Million $806.30 Million $540.10 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow