Doximity Inc (DOCS) — Cash Flow Reinvestment Rate

Latest as of March 2026: 1.30x

Doximity Inc (DOCS) has a Cash Flow Reinvestment Rate of 1.30x as of March 2026, reinvesting $142.48 Million (capex $2.25 Million plus investments $140.23 Million) from operating cash flow of $109.52 Million. See Doximity Inc (DOCS) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.30x
(Capex + Investments) / Operating CF

Total Reinvested

$142.48 Million
Capex + Investments

Operating Cash Flow

$109.52 Million
USD

Capital Expenditures

$2.25 Million
USD

Doximity Inc Cash Flow Reinvestment Rate (2019–2026)

Historical reinvestment intensity for Doximity Inc across 8 annual periods. For the full cash flow conversion analysis, see Doximity Inc cash flow conversion.

Annual Cash Flow Reinvestment Rate for Doximity Inc (2019–2026)

Year-by-year capital reinvestment analysis for Doximity Inc. See DOCS financial 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
2026 0.59x $191.62 Million $326.46 Million $8.96 Million ▲ +347.8%
2025 0.13x $35.82 Million $273.26 Million $6.53 Million ▼ -34.8%
2024 0.20x $36.99 Million $184.10 Million $5.80 Million ▼ -45.4%
2023 0.37x $66.11 Million $179.60 Million $6.18 Million ▼ -92.7%
2022 5.07x $641.17 Million $126.58 Million $5.70 Million ▲ +878.5%
2021 0.52x $42.95 Million $82.97 Million $4.61 Million ▲ +3.6%
2020 0.50x $13.10 Million $26.20 Million $4.24 Million ▼ -15.6%
2019 0.59x $9.07 Million $15.31 Million $1.19 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow