Meta Platforms Inc. (META) — Cash Flow Reinvestment Rate

Latest as of June 2026: 1.54x

Meta Platforms Inc. (META) has a Cash Flow Reinvestment Rate of 1.54x as of June 2026, reinvesting $49.00 Billion (capex $30.12 Billion plus investments $-18.88 Billion) from operating cash flow of $31.86 Billion. See Meta Platforms Inc. (META) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.54x
(Capex + Investments) / Operating CF

Total Reinvested

$49.00 Billion
Capex + Investments

Operating Cash Flow

$31.86 Billion
USD

Capital Expenditures

$30.12 Billion
USD

Meta Platforms Inc. Cash Flow Reinvestment Rate (2009–2025)

Historical reinvestment intensity for Meta Platforms Inc. across 17 annual periods. For the full cash flow conversion analysis, see Meta Platforms Inc. cash conversion from operations.

Annual Cash Flow Reinvestment Rate for Meta Platforms Inc. (2009–2025)

Year-by-year capital reinvestment analysis for Meta Platforms Inc.. See Meta Platforms Inc. free cash flow to debt ratio 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 0.85x $98.08 Billion $115.80 Billion $69.69 Billion ▼ -8.4%
2024 0.92x $84.41 Billion $91.33 Billion $37.26 Billion ▲ +24.4%
2023 0.74x $52.82 Billion $71.11 Billion $27.27 Billion ▲ +7.2%
2022 0.69x $34.96 Billion $50.48 Billion $31.43 Billion ▲ +30.0%
2021 0.53x $30.75 Billion $57.68 Billion $18.57 Billion ▼ -11.3%
2020 0.60x $23.27 Billion $38.75 Billion $15.12 Billion ▲ +13.0%
2019 0.53x $19.30 Billion $36.31 Billion $15.10 Billion ▼ -5.1%
2018 0.56x $16.39 Billion $29.27 Billion $13.91 Billion ▼ -32.2%
2017 0.83x $19.98 Billion $24.22 Billion $6.73 Billion ▲ +13.8%
2016 0.72x $11.68 Billion $16.11 Billion $4.49 Billion ▼ -32.4%
2015 1.07x $9.22 Billion $8.60 Billion $2.52 Billion ▲ +90.4%
2014 0.56x $3.07 Billion $5.46 Billion $1.83 Billion ▲ +5.9%
2013 0.53x $2.25 Billion $4.22 Billion $1.36 Billion ▼ -86.0%
2012 3.79x $6.11 Billion $1.61 Billion $1.24 Billion ▲ +869.0%
2011 0.39x $606.00 Million $1.55 Billion $606.00 Million ▼ -6.8%
2010 0.42x $293.00 Million $698.00 Million $293.00 Million ▲ +97.2%
2009 0.21x $33.00 Million $155.00 Million $33.00 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow