Alphabet Inc Class C (GOOG) — Cash Flow Reinvestment Rate
Alphabet Inc Class C (GOOG) has a Cash Flow Reinvestment Rate of 0.93x as of March 2026, reinvesting $42.58 Billion (capex $35.67 Billion plus investments $6.90 Billion) from operating cash flow of $45.79 Billion. Explore GOOG capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Alphabet Inc Class C Cash Flow Reinvestment Rate (2001–2025)
Historical reinvestment intensity for Alphabet Inc Class C across 25 annual periods. Also explore how large is Alphabet Inc Class C's balance sheet for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Alphabet Inc Class C (2001–2025)
Year-by-year capital reinvestment analysis for Alphabet Inc Class C. For live market cap and broader valuation context, see GOOG market cap overview.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.71x | $116.33 Billion | $164.71 Billion | $91.45 Billion | ▼ -9.8% |
| 2024 | 0.78x | $98.07 Billion | $125.30 Billion | $52.53 Billion | ▲ +34.3% |
| 2023 | 0.58x | $59.31 Billion | $101.75 Billion | $32.25 Billion | ▲ +11.0% |
| 2022 | 0.53x | $48.05 Billion | $91.50 Billion | $31.48 Billion | ▲ +43.9% |
| 2021 | 0.36x | $33.45 Billion | $91.65 Billion | $24.64 Billion | ▼ -26.0% |
| 2020 | 0.49x | $32.10 Billion | $65.12 Billion | $22.28 Billion | ▼ -2.5% |
| 2019 | 0.51x | $27.57 Billion | $54.52 Billion | $23.55 Billion | ▼ -10.5% |
| 2018 | 0.57x | $27.11 Billion | $47.97 Billion | $25.14 Billion | ▼ -32.8% |
| 2017 | 0.84x | $31.21 Billion | $37.09 Billion | $13.18 Billion | ▲ +6.6% |
| 2016 | 0.79x | $28.44 Billion | $36.04 Billion | $10.21 Billion | ▼ -12.8% |
| 2015 | 0.90x | $23.55 Billion | $26.02 Billion | $9.91 Billion | ▲ +17.9% |
| 2014 | 0.77x | $17.18 Billion | $22.38 Billion | $10.96 Billion | ▲ +94.7% |
| 2013 | 0.39x | $7.36 Billion | $18.66 Billion | $7.36 Billion | ▲ +100.2% |
| 2012 | 0.20x | $3.27 Billion | $16.62 Billion | $3.27 Billion | ▼ -16.6% |
| 2011 | 0.24x | $3.44 Billion | $14.56 Billion | $3.44 Billion | ▼ -34.9% |
| 2010 | 0.36x | $4.02 Billion | $11.08 Billion | $4.02 Billion | ▲ +317.1% |
| 2009 | 0.09x | $809.89 Million | $9.32 Billion | $809.89 Million | ▼ -71.1% |
| 2008 | 0.30x | $2.36 Billion | $7.85 Billion | $2.36 Billion | ▼ -27.8% |
| 2007 | 0.42x | $2.40 Billion | $5.78 Billion | $2.40 Billion | ▼ -21.7% |
| 2006 | 0.53x | $1.90 Billion | $3.58 Billion | $1.90 Billion | ▲ +55.9% |
| 2005 | 0.34x | $838.22 Million | $2.46 Billion | $838.22 Million | ▲ +4.4% |
| 2004 | 0.33x | $319.00 Million | $977.04 Million | $319.00 Million | ▼ -27.0% |
| 2003 | 0.45x | $176.80 Million | $395.44 Million | $176.80 Million | ▲ +86.6% |
| 2002 | 0.24x | $37.20 Million | $155.26 Million | $37.20 Million | ▼ -42.9% |
| 2001 | 0.42x | $13.00 Million | $31.00 Million | $13.00 Million | — |