Neurocrine Biosciences Inc (NBIX) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.15x

Neurocrine Biosciences Inc (NBIX) has a Cash Flow Reinvestment Rate of 0.15x as of December 2025, reinvesting $57.70 Million (capex $2.40 Million plus investments $-55.30 Million) from operating cash flow of $388.40 Million. See Neurocrine Biosciences Inc (NBIX) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.15x
(Capex + Investments) / Operating CF

Total Reinvested

$57.70 Million
Capex + Investments

Operating Cash Flow

$388.40 Million
USD

Capital Expenditures

$2.40 Million
USD

Neurocrine Biosciences Inc Cash Flow Reinvestment Rate (1996–2025)

Historical reinvestment intensity for Neurocrine Biosciences Inc across 12 annual periods. For the full cash flow conversion analysis, see how efficiently does Neurocrine Biosciences Inc generate cash.

Annual Cash Flow Reinvestment Rate for Neurocrine Biosciences Inc (1996–2025)

Year-by-year capital reinvestment analysis for Neurocrine Biosciences Inc. See Neurocrine Biosciences Inc (NBIX) financial flexibility 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 0.34x $264.40 Million $782.70 Million $34.00 Million ▲ +21.9%
2024 0.28x $165.00 Million $595.40 Million $38.20 Million ▼ -73.6%
2023 1.05x $409.20 Million $389.90 Million $28.30 Million ▲ +181.1%
2022 0.37x $126.70 Million $339.40 Million $16.50 Million ▼ -23.8%
2021 0.49x $125.60 Million $256.50 Million $23.40 Million ▲ +332.0%
2020 0.11x $25.90 Million $228.50 Million $10.90 Million ▼ -88.3%
2019 0.97x $142.18 Million $147.00 Million $14.70 Million ▼ -59.6%
2018 2.40x $242.94 Million $101.40 Million $24.80 Million ▲ +37885.7%
2010 0.01x $315.00K $49.94 Million $315.00K ▼ -99.5%
2003 1.36x $50.44 Million $37.13 Million $50.44 Million ▲ +133.5%
1997 0.58x $6.40 Million $11.00 Million $6.40 Million ▲ +143.6%
1996 0.24x $1.60 Million $6.70 Million $1.60 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow