Qualcomm Incorporated (QCOM) — Cash Flow Reinvestment Rate

Latest as of June 2026: 1.93x

Qualcomm Incorporated (QCOM) has a Cash Flow Reinvestment Rate of 1.93x as of June 2026, reinvesting $1.91 Billion (capex $496.00 Million plus investments $1.41 Billion) from operating cash flow of $991.00 Million. See Qualcomm Incorporated (QCOM) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.93x
(Capex + Investments) / Operating CF

Total Reinvested

$1.91 Billion
Capex + Investments

Operating Cash Flow

$991.00 Million
USD

Capital Expenditures

$496.00 Million
USD

Qualcomm Incorporated Cash Flow Reinvestment Rate (1991–2025)

Historical reinvestment intensity for Qualcomm Incorporated across 32 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Qualcomm Incorporated.

Annual Cash Flow Reinvestment Rate for Qualcomm Incorporated (1991–2025)

Year-by-year capital reinvestment analysis for Qualcomm Incorporated. See Qualcomm Incorporated leverage flexibility 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 0.14x $1.99 Billion $14.01 Billion $1.19 Billion ▼ -62.8%
2024 0.38x $4.66 Billion $12.20 Billion $1.04 Billion ▲ +95.2%
2023 0.20x $2.21 Billion $11.30 Billion $1.45 Billion ▼ -48.7%
2022 0.38x $3.47 Billion $9.10 Billion $2.26 Billion ▲ +79.4%
2021 0.21x $2.24 Billion $10.54 Billion $1.89 Billion ▼ -76.3%
2020 0.90x $5.22 Billion $5.81 Billion $1.41 Billion ▲ +537.7%
2019 0.14x $1.03 Billion $7.29 Billion $887.00 Million ▼ -86.4%
2018 1.04x $4.04 Billion $3.90 Billion $784.00 Million ▼ -79.2%
2017 4.97x $23.34 Billion $4.69 Billion $690.00 Million ▲ +1081.0%
2016 0.42x $3.12 Billion $7.40 Billion $539.00 Million ▲ +97.8%
2015 0.21x $1.17 Billion $5.51 Billion $994.00 Million ▲ +14.6%
2014 0.19x $1.65 Billion $8.89 Billion $1.19 Billion ▲ +12.4%
2013 0.17x $1.45 Billion $8.78 Billion $1.05 Billion ▼ -87.4%
2012 1.31x $7.89 Billion $6.00 Billion $1.28 Billion ▲ +632.1%
2011 0.18x $880.00 Million $4.90 Billion $593.00 Million ▼ -61.3%
2010 0.46x $1.89 Billion $4.08 Billion $426.00 Million ▼ -43.8%
2009 0.83x $5.93 Billion $7.17 Billion $761.00 Million ▲ +110.6%
2008 0.39x $1.40 Billion $3.56 Billion $1.40 Billion ▲ +82.9%
2007 0.21x $818.00 Million $3.81 Billion $818.00 Million ▲ +1.9%
2006 0.21x $685.00 Million $3.25 Billion $685.00 Million ▼ -1.8%
2005 0.21x $576.00 Million $2.69 Billion $576.00 Million ▲ +59.4%
2004 0.13x $332.00 Million $2.47 Billion $332.00 Million ▲ +0.3%
2003 0.13x $238.87 Million $1.78 Billion $238.87 Million ▼ -8.3%
2002 0.15x $141.58 Million $967.97 Million $141.58 Million ▼ -11.4%
2001 0.17x $114.19 Million $691.49 Million $114.19 Million ▼ -17.8%
2000 0.20x $163.18 Million $812.11 Million $163.18 Million ▼ -79.7%
1999 0.99x $180.24 Million $182.23 Million $180.24 Million ▼ -62.5%
1995 2.64x $99.50 Million $37.70 Million $99.50 Million ▲ +1.8%
1994 2.59x $68.70 Million $26.50 Million $68.70 Million ▼ -33.6%
1993 3.91x $49.60 Million $12.70 Million $49.60 Million ▼ -71.8%
1992 13.83x $8.30 Million $600.00K $8.30 Million ▲ +312.9%
1991 3.35x $6.70 Million $2.00 Million $6.70 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow