Graham Holdings Co (GHC) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.97x

Graham Holdings Co (GHC) has a Cash Flow Reinvestment Rate of 0.97x as of March 2026, reinvesting $65.47 Million (capex $19.17 Million plus investments $46.30 Million) from operating cash flow of $67.73 Million. Check GHC cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.97x
(Capex + Investments) / Operating CF

Total Reinvested

$65.47 Million
Capex + Investments

Operating Cash Flow

$67.73 Million
USD

Capital Expenditures

$19.17 Million
USD

Graham Holdings Co Cash Flow Reinvestment Rate (1985–2025)

Historical reinvestment intensity for Graham Holdings Co across 40 annual periods. Explore how much of Graham Holdings Co's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Graham Holdings Co (1985–2025)

Year-by-year capital reinvestment analysis for Graham Holdings Co. For live market cap and broader valuation context, see Graham Holdings Co (GHC) market capitalisation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.30x $101.70 Million $339.54 Million $71.88 Million ▼ -16.1%
2024 0.36x $145.24 Million $406.99 Million $82.91 Million ▼ -58.8%
2023 0.87x $225.30 Million $259.88 Million $93.45 Million ▲ +41.6%
2022 0.61x $144.21 Million $235.60 Million $82.68 Million ▼ -31.2%
2021 0.89x $180.00 Million $202.43 Million $162.54 Million ▲ +30.2%
2020 0.68x $143.87 Million $210.66 Million $69.59 Million ▲ +6.2%
2019 0.64x $106.23 Million $165.16 Million $93.50 Million ▲ +45.3%
2018 0.44x $127.07 Million $287.02 Million $98.19 Million ▲ +90.2%
2017 0.23x $62.40 Million $268.06 Million $60.36 Million ▼ -52.9%
2016 0.49x $129.16 Million $261.26 Million $66.61 Million ▼ -88.0%
2015 4.12x $308.01 Million $74.80 Million $136.86 Million ▲ +363.5%
2014 0.89x $330.77 Million $372.37 Million $237.29 Million ▲ +15.5%
2013 0.77x $252.17 Million $327.86 Million $224.09 Million ▲ +38.0%
2012 0.56x $266.03 Million $477.21 Million $218.00 Million ▲ +1.3%
2011 0.55x $216.38 Million $393.29 Million $216.38 Million ▲ +50.6%
2010 0.37x $253.36 Million $693.72 Million $243.71 Million ▼ -7.5%
2009 0.39x $257.76 Million $652.99 Million $257.76 Million ▼ -26.8%
2008 0.54x $288.92 Million $535.77 Million $288.92 Million ▲ +8.1%
2007 0.50x $290.01 Million $581.19 Million $290.01 Million ▲ +4.5%
2006 0.48x $284.02 Million $594.75 Million $284.02 Million ▲ +4.7%
2005 0.46x $238.35 Million $522.77 Million $238.35 Million ▲ +25.2%
2004 0.36x $204.63 Million $561.72 Million $204.63 Million ▼ -2.0%
2003 0.37x $125.59 Million $337.71 Million $125.59 Million ▲ +20.9%
2002 0.31x $152.99 Million $497.47 Million $152.99 Million ▼ -52.2%
2001 0.64x $224.23 Million $348.83 Million $224.23 Million ▲ +37.4%
2000 0.47x $172.38 Million $368.54 Million $172.38 Million ▲ +1.8%
1999 0.46x $130.00 Million $283.00 Million $130.00 Million ▼ -58.0%
1998 1.09x $244.20 Million $223.10 Million $244.20 Million ▲ +63.3%
1997 0.67x $214.60 Million $320.10 Million $214.60 Million ▲ +140.8%
1996 0.28x $80.00 Million $287.40 Million $80.00 Million ▼ -43.6%
1995 0.49x $121.70 Million $246.50 Million $121.70 Million ▲ +49.1%
1994 0.33x $74.60 Million $225.30 Million $74.60 Million ▼ -15.2%
1993 0.39x $79.10 Million $202.60 Million $79.10 Million ▲ +60.5%
1992 0.24x $58.90 Million $242.20 Million $58.90 Million ▲ +0.4%
1991 0.24x $55.70 Million $229.90 Million $55.70 Million ▼ -13.6%
1990 0.28x $73.20 Million $260.90 Million $73.20 Million ▲ +4.6%
1989 0.27x $80.70 Million $301.00 Million $80.70 Million
1988 0.00x $0.00 $269.10 Million $0.00
1986 0.00x $0.00 $100.20 Million $0.00
1985 0.00x $0.00 $114.30 Million $0.00
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow