Graham Holdings Co (GHC) — Cash Flow Reinvestment Rate
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. Explore GHC 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
Graham Holdings Co Cash Flow Reinvestment Rate (1985–2025)
Historical reinvestment intensity for Graham Holdings Co across 40 annual periods. Also explore Graham Holdings Co asset portfolio for the complete picture of this company's asset base.
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 GHC market cap.
| 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 | — |