Bristol-Myers Squibb Company (BMY) — Cash Flow Reinvestment Rate
Bristol-Myers Squibb Company (BMY) has a Cash Flow Reinvestment Rate of 0.34x as of March 2026, reinvesting $378.00 Million (capex $347.00 Million plus investments $-31.00 Million) from operating cash flow of $1.10 Billion. Explore BMY capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Bristol-Myers Squibb Company Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Bristol-Myers Squibb Company across 37 annual periods. Also explore Bristol-Myers Squibb Company balance sheet assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Bristol-Myers Squibb Company (1989–2025)
Year-by-year capital reinvestment analysis for Bristol-Myers Squibb Company. For live market cap and broader valuation context, see BMY company net worth.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.10x | $1.36 Billion | $14.16 Billion | $1.31 Billion | ▼ -93.5% |
| 2024 | 1.49x | $22.60 Billion | $15.19 Billion | $1.25 Billion | ▲ +1299.9% |
| 2023 | 0.11x | $1.47 Billion | $13.86 Billion | $1.21 Billion | ▼ -66.6% |
| 2022 | 0.32x | $4.16 Billion | $13.07 Billion | $1.12 Billion | ▲ +127.0% |
| 2021 | 0.14x | $2.27 Billion | $16.21 Billion | $973.00 Million | ▼ -31.2% |
| 2020 | 0.20x | $2.86 Billion | $14.05 Billion | $753.00 Million | ▲ +66.2% |
| 2019 | 0.12x | $988.00 Million | $8.07 Billion | $836.00 Million | ▼ -15.6% |
| 2018 | 0.15x | $1.02 Billion | $7.07 Billion | $951.00 Million | ▼ -62.3% |
| 2017 | 0.38x | $2.03 Billion | $5.28 Billion | $1.05 Billion | ▼ -59.9% |
| 2016 | 0.96x | $2.94 Billion | $3.06 Billion | $1.22 Billion | ▲ +72.8% |
| 2015 | 0.56x | $1.17 Billion | $2.10 Billion | $820.00 Million | ▼ -18.7% |
| 2014 | 0.68x | $2.15 Billion | $3.15 Billion | $526.00 Million | ▲ +316.7% |
| 2013 | 0.16x | $581.00 Million | $3.54 Billion | $537.00 Million | ▼ -37.9% |
| 2012 | 0.26x | $1.83 Billion | $6.94 Billion | $548.00 Million | ▲ +4.1% |
| 2011 | 0.25x | $1.23 Billion | $4.84 Billion | $367.00 Million | ▼ -62.7% |
| 2010 | 0.68x | $3.05 Billion | $4.49 Billion | $424.00 Million | ▲ +28.8% |
| 2009 | 0.53x | $2.14 Billion | $4.07 Billion | $730.00 Million | ▲ +107.8% |
| 2008 | 0.25x | $941.00 Million | $3.71 Billion | $941.00 Million | ▼ -5.1% |
| 2007 | 0.27x | $843.00 Million | $3.15 Billion | $843.00 Million | ▼ -29.8% |
| 2006 | 0.38x | $793.00 Million | $2.08 Billion | $793.00 Million | ▼ -9.0% |
| 2005 | 0.42x | $768.00 Million | $1.84 Billion | $768.00 Million | ▲ +64.2% |
| 2004 | 0.25x | $809.00 Million | $3.18 Billion | $809.00 Million | ▼ -9.6% |
| 2003 | 0.28x | $990.00 Million | $3.51 Billion | $990.00 Million | ▼ -77.5% |
| 2002 | 1.25x | $1.18 Billion | $945.00 Million | $1.18 Billion | ▲ +560.5% |
| 2001 | 0.19x | $1.02 Billion | $5.40 Billion | $1.02 Billion | ▲ +49.6% |
| 2000 | 0.13x | $589.00 Million | $4.65 Billion | $589.00 Million | ▼ -24.6% |
| 1999 | 0.17x | $709.00 Million | $4.22 Billion | $709.00 Million | ▼ -19.4% |
| 1998 | 0.21x | $788.00 Million | $3.78 Billion | $788.00 Million | ▼ -32.7% |
| 1997 | 0.31x | $767.00 Million | $2.48 Billion | $767.00 Million | ▲ +36.1% |
| 1996 | 0.23x | $601.00 Million | $2.64 Billion | $601.00 Million | ▲ +10.9% |
| 1995 | 0.21x | $513.00 Million | $2.50 Billion | $513.00 Million | ▼ -17.6% |
| 1994 | 0.25x | $573.00 Million | $2.30 Billion | $573.00 Million | ▲ +12.7% |
| 1993 | 0.22x | $570.00 Million | $2.58 Billion | $570.00 Million | ▼ -30.8% |
| 1992 | 0.32x | $647.00 Million | $2.03 Billion | $647.00 Million | ▼ -6.8% |
| 1991 | 0.34x | $628.00 Million | $1.83 Billion | $628.00 Million | ▲ +16.9% |
| 1990 | 0.29x | $513.00 Million | $1.75 Billion | $513.00 Million | ▼ -37.2% |
| 1989 | 0.47x | $555.00 Million | $1.19 Billion | $555.00 Million | — |