Incyte Corporation (INCY) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.23x

Incyte Corporation (INCY) has a Cash Flow Reinvestment Rate of 0.23x as of March 2026, reinvesting $83.20 Million (capex $10.20 Million plus investments $-73.00 Million) from operating cash flow of $369.35 Million. Check Incyte Corporation cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.23x
(Capex + Investments) / Operating CF

Total Reinvested

$83.20 Million
Capex + Investments

Operating Cash Flow

$369.35 Million
USD

Capital Expenditures

$10.20 Million
USD

Incyte Corporation Cash Flow Reinvestment Rate (1996–2025)

Historical reinvestment intensity for Incyte Corporation across 16 annual periods. Explore Incyte Corporation long-term investment allocation to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Incyte Corporation (1996–2025)

Year-by-year capital reinvestment analysis for Incyte Corporation. For live market cap and broader valuation context, see Incyte Corporation (INCY) total market value.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.05x $77.61 Million $1.41 Billion $58.87 Million ▼ -92.4%
2024 0.73x $243.78 Million $335.34 Million $86.26 Million ▲ +196.9%
2023 0.24x $121.58 Million $496.49 Million $47.49 Million ▲ +202.4%
2022 0.08x $78.54 Million $969.94 Million $77.83 Million ▼ -70.8%
2021 0.28x $207.70 Million $749.49 Million $181.01 Million ▲ +125.2%
2019 0.12x $87.45 Million $710.66 Million $78.06 Million ▼ -52.1%
2018 0.26x $86.42 Million $336.23 Million $73.48 Million ▼ -48.1%
2016 0.50x $150.92 Million $304.76 Million $120.28 Million ▼ -59.2%
2015 1.21x $105.01 Million $86.54 Million $26.00 Million ▼ -77.0%
2014 5.27x $138.44 Million $26.26 Million $27.88 Million ▲ +29.4%
2013 4.07x $37.40 Million $9.18 Million $4.27 Million ▲ +9609.8%
2010 0.04x $4.11 Million $97.94 Million $4.11 Million ▲ +34.0%
2009 0.03x $387.00K $12.36 Million $387.00K ▼ -96.7%
1998 0.96x $34.70 Million $36.20 Million $34.70 Million ▼ -31.3%
1997 1.40x $26.10 Million $18.70 Million $26.10 Million ▲ +10.6%
1996 1.26x $20.20 Million $16.00 Million $20.20 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow