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. Check earnings quality score of AstraZeneca PLC to evaluate the quality of earnings relative to operating cash generation.

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. Explore how well can AstraZeneca PLC service its debt to assess how comfortably operating cash covers total debt obligations.

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

Year-by-year capital reinvestment analysis for AstraZeneca PLC. For live market cap and broader valuation context, see AstraZeneca PLC stock valuation.

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