Biogen Inc (BIIB) — Cash Flow Reinvestment Rate
Biogen Inc (BIIB) has a Cash Flow Reinvestment Rate of 2.32x as of December 2025, reinvesting $1.19 Billion (capex $43.90 Million plus investments $-1.14 Billion) from operating cash flow of $511.90 Million. Explore capital reinvestment ratio of Biogen Inc to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Biogen Inc Cash Flow Reinvestment Rate (1990–2025)
Historical reinvestment intensity for Biogen Inc across 36 annual periods. Also explore balance sheet size of Biogen Inc for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Biogen Inc (1990–2025)
Year-by-year capital reinvestment analysis for Biogen Inc. For live market cap and broader valuation context, see Biogen Inc (BIIB) total market value.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.60x | $1.33 Billion | $2.20 Billion | $153.80 Million | ▲ +49.9% |
| 2024 | 0.40x | $1.16 Billion | $2.88 Billion | $359.80 Million | ▼ -85.9% |
| 2023 | 2.85x | $4.41 Billion | $1.55 Billion | $311.40 Million | ▲ +117.3% |
| 2022 | 1.31x | $1.82 Billion | $1.38 Billion | $240.30 Million | ▲ +690.0% |
| 2021 | 0.17x | $604.70 Million | $3.64 Billion | $294.90 Million | ▲ +20.8% |
| 2020 | 0.14x | $581.70 Million | $4.23 Billion | $551.80 Million | ▼ -44.3% |
| 2019 | 0.25x | $1.75 Billion | $7.08 Billion | $514.50 Million | ▲ +37.7% |
| 2018 | 0.18x | $1.11 Billion | $6.19 Billion | $770.60 Million | ▼ -24.3% |
| 2017 | 0.24x | $1.08 Billion | $4.55 Billion | $867.40 Million | ▼ -6.9% |
| 2016 | 0.25x | $1.15 Billion | $4.52 Billion | $616.10 Million | ▼ -72.6% |
| 2015 | 0.93x | $3.44 Billion | $3.72 Billion | $643.00 Million | ▲ +136.7% |
| 2014 | 0.39x | $1.15 Billion | $2.94 Billion | $287.80 Million | ▼ -83.1% |
| 2013 | 2.31x | $5.42 Billion | $2.35 Billion | $3.51 Billion | ▲ +393.1% |
| 2012 | 0.47x | $881.37 Million | $1.88 Billion | $254.55 Million | ▼ -50.8% |
| 2011 | 0.95x | $1.65 Billion | $1.73 Billion | $252.18 Million | ▲ +82.5% |
| 2010 | 0.52x | $848.86 Million | $1.62 Billion | $173.06 Million | ▲ +28.0% |
| 2009 | 0.41x | $438.84 Million | $1.07 Billion | $165.65 Million | ▲ +131.5% |
| 2008 | 0.18x | $275.95 Million | $1.56 Billion | $275.95 Million | ▼ -36.6% |
| 2007 | 0.28x | $284.11 Million | $1.02 Billion | $284.11 Million | ▲ +18.1% |
| 2006 | 0.24x | $198.31 Million | $841.27 Million | $198.31 Million | ▼ -34.1% |
| 2005 | 0.36x | $318.38 Million | $889.50 Million | $318.38 Million | ▼ -29.5% |
| 2004 | 0.51x | $369.76 Million | $727.99 Million | $369.76 Million | ▼ -63.0% |
| 2003 | 1.37x | $301.25 Million | $219.21 Million | $301.25 Million | ▲ +121.2% |
| 2002 | 0.62x | $165.90 Million | $267.08 Million | $165.90 Million | ▲ +0.5% |
| 2001 | 0.62x | $195.53 Million | $316.36 Million | $195.53 Million | ▲ +13.6% |
| 2000 | 0.54x | $199.12 Million | $365.94 Million | $199.12 Million | ▲ +71.6% |
| 1999 | 0.32x | $86.33 Million | $272.29 Million | $86.33 Million | ▲ +58.3% |
| 1998 | 0.20x | $33.61 Million | $167.84 Million | $33.61 Million | ▼ -45.0% |
| 1997 | 0.36x | $35.55 Million | $97.63 Million | $35.55 Million | ▼ -74.2% |
| 1996 | 1.41x | $65.64 Million | $46.54 Million | $65.64 Million | ▼ -73.5% |
| 1995 | 5.32x | $50.31 Million | $9.45 Million | $50.31 Million | ▲ +325.3% |
| 1994 | 1.25x | $43.67 Million | $34.89 Million | $43.67 Million | ▲ +451.7% |
| 1993 | 0.23x | $10.80 Million | $47.60 Million | $10.80 Million | ▲ +4.0% |
| 1992 | 0.22x | $9.40 Million | $43.10 Million | $9.40 Million | ▼ -84.7% |
| 1991 | 1.42x | $8.40 Million | $5.90 Million | $8.40 Million | ▲ +37.2% |
| 1990 | 1.04x | $11.10 Million | $10.70 Million | $11.10 Million | — |