Berkshire Hathaway Inc (BRK-B) — Cash Flow Reinvestment Rate

Latest as of March 2026: 1.44x

Berkshire Hathaway Inc (BRK-B) has a Cash Flow Reinvestment Rate of 1.44x as of March 2026, reinvesting $15.03 Billion (capex $4.99 Billion plus investments $10.04 Billion) from operating cash flow of $10.44 Billion. See free cash flow generation of Berkshire Hathaway Inc to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.44x
(Capex + Investments) / Operating CF

Total Reinvested

$15.03 Billion
Capex + Investments

Operating Cash Flow

$10.44 Billion
USD

Capital Expenditures

$4.99 Billion
USD

Berkshire Hathaway Inc Cash Flow Reinvestment Rate (1990–2025)

Historical reinvestment intensity for Berkshire Hathaway Inc across 36 annual periods. For the full cash flow conversion analysis, see BRK-B cash generation efficiency.

Annual Cash Flow Reinvestment Rate for Berkshire Hathaway Inc (1990–2025)

Year-by-year capital reinvestment analysis for Berkshire Hathaway Inc. See Berkshire Hathaway Inc (BRK-B) 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 0.97x $44.57 Billion $45.97 Billion $20.93 Billion ▲ +1.4%
2024 0.96x $29.26 Billion $30.59 Billion $18.98 Billion ▼ -7.4%
2023 1.03x $50.81 Billion $49.20 Billion $19.41 Billion ▼ -62.7%
2022 2.77x $103.06 Billion $37.22 Billion $15.46 Billion ▲ +155.8%
2021 1.08x $42.67 Billion $39.42 Billion $13.28 Billion ▲ +221.5%
2020 0.34x $13.39 Billion $39.77 Billion $13.01 Billion ▼ -19.8%
2019 0.42x $16.25 Billion $38.69 Billion $15.98 Billion ▼ -1.6%
2018 0.43x $15.97 Billion $37.40 Billion $14.54 Billion ▼ -63.0%
2017 1.15x $52.80 Billion $45.78 Billion $11.71 Billion ▼ -65.0%
2016 3.29x $107.09 Billion $32.53 Billion $12.95 Billion ▲ +178.2%
2015 1.18x $37.26 Billion $31.49 Billion $16.08 Billion ▲ +37.4%
2014 0.86x $27.57 Billion $32.01 Billion $15.19 Billion ▲ +28.1%
2013 0.67x $18.63 Billion $27.70 Billion $11.09 Billion ▲ +14.1%
2012 0.59x $12.35 Billion $20.95 Billion $9.78 Billion ▲ +47.3%
2011 0.40x $8.19 Billion $20.48 Billion $8.19 Billion ▲ +19.7%
2010 0.33x $5.98 Billion $17.89 Billion $5.98 Billion ▲ +7.3%
2009 0.31x $4.94 Billion $15.85 Billion $4.94 Billion ▼ -42.9%
2008 0.55x $6.14 Billion $11.25 Billion $6.14 Billion ▲ +27.4%
2007 0.43x $5.37 Billion $12.55 Billion $5.37 Billion ▼ -4.5%
2006 0.45x $4.57 Billion $10.20 Billion $4.57 Billion ▲ +92.9%
2005 0.23x $2.19 Billion $9.45 Billion $2.19 Billion ▲ +43.3%
2004 0.16x $1.20 Billion $7.41 Billion $1.20 Billion ▲ +12.1%
2003 0.14x $1.20 Billion $8.26 Billion $1.20 Billion ▼ -48.3%
2002 0.28x $3.13 Billion $11.20 Billion $3.13 Billion ▼ -65.8%
2001 0.82x $5.38 Billion $6.57 Billion $5.38 Billion ▲ +745.6%
2000 0.10x $285.00 Million $2.95 Billion $285.00 Million ▼ -87.3%
1999 0.76x $1.68 Billion $2.20 Billion $1.68 Billion ▼ -31.5%
1998 1.12x $733.00 Million $657.00 Million $733.00 Million ▲ +1111.4%
1997 0.09x $215.10 Million $2.34 Billion $215.10 Million ▼ -48.6%
1996 0.18x $225.60 Million $1.26 Billion $225.60 Million
1995 0.00x $0.00 $1.13 Billion $0.00
1994 0.00x $0.00 $929.10 Million $0.00
1993 0.00x $0.00 $726.20 Million $0.00 ▼ -100.0%
1992 0.12x $119.90 Million $997.20 Million $119.90 Million ▼ -47.0%
1991 0.23x $161.00 Million $709.20 Million $161.00 Million
1990 0.00x $0.00 $522.60 Million $0.00
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow