Incyte Corporation (INCY) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.10x

Incyte Corporation (INCY) has a Cash Flow Reinvestment Rate of 0.10x as of June 2026, reinvesting $51.79 Million (capex $12.41 Million plus investments $-39.38 Million) from operating cash flow of $507.66 Million. See Incyte Corporation free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.10x
(Capex + Investments) / Operating CF

Total Reinvested

$51.79 Million
Capex + Investments

Operating Cash Flow

$507.66 Million
USD

Capital Expenditures

$12.41 Million
USD

Incyte Corporation Cash Flow Reinvestment Rate (1996–2025)

Historical reinvestment intensity for Incyte Corporation across 16 annual periods. For the full cash flow conversion analysis, see Incyte Corporation operating cash flow efficiency.

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

Year-by-year capital reinvestment analysis for Incyte Corporation. See INCY financial flexibility index 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 0.05x $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