The Home Depot Inc (HD) — Cash Flow Reinvestment Rate
The Home Depot Inc (HD) has a Cash Flow Reinvestment Rate of 1.69x as of October 2025, reinvesting $6.77 Billion (capex $898.00 Million plus investments $-5.87 Billion) from operating cash flow of $4.01 Billion. See HD cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
The Home Depot Inc Cash Flow Reinvestment Rate (1990–2025)
Historical reinvestment intensity for The Home Depot Inc across 36 annual periods. For the full cash flow conversion analysis, see HD cash generation efficiency.
Annual Cash Flow Reinvestment Rate for The Home Depot Inc (1990–2025)
Year-by-year capital reinvestment analysis for The Home Depot Inc. See HD free cash flow debt coverage 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 | 1.24x | $24.52 Billion | $19.81 Billion | $3.48 Billion | ▲ +229.4% |
| 2024 | 0.38x | $7.96 Billion | $21.17 Billion | $3.23 Billion | ▼ -12.3% |
| 2023 | 0.43x | $6.26 Billion | $14.62 Billion | $3.12 Billion | ▲ +28.2% |
| 2022 | 0.33x | $5.54 Billion | $16.57 Billion | $2.57 Billion | ▼ -50.2% |
| 2021 | 0.67x | $12.63 Billion | $18.84 Billion | $2.46 Billion | ▲ +72.6% |
| 2020 | 0.39x | $5.33 Billion | $13.72 Billion | $2.68 Billion | ▲ +5.3% |
| 2019 | 0.37x | $4.86 Billion | $13.16 Billion | $2.44 Billion | ▲ +7.6% |
| 2018 | 0.34x | $4.12 Billion | $12.03 Billion | $1.90 Billion | ▲ +4.7% |
| 2017 | 0.33x | $3.20 Billion | $9.78 Billion | $1.62 Billion | ▲ +86.4% |
| 2016 | 0.18x | $1.65 Billion | $9.37 Billion | $1.50 Billion | ▼ -17.9% |
| 2015 | 0.21x | $1.76 Billion | $8.24 Billion | $1.44 Billion | ▲ +17.6% |
| 2014 | 0.18x | $1.39 Billion | $7.63 Billion | $1.39 Billion | ▼ -3.2% |
| 2013 | 0.19x | $1.31 Billion | $6.97 Billion | $1.31 Billion | ▲ +2.5% |
| 2012 | 0.18x | $1.22 Billion | $6.65 Billion | $1.22 Billion | ▼ -23.2% |
| 2011 | 0.24x | $1.10 Billion | $4.58 Billion | $1.10 Billion | ▲ +22.6% |
| 2010 | 0.19x | $999.00 Million | $5.12 Billion | $966.00 Million | ▼ -41.7% |
| 2009 | 0.33x | $1.85 Billion | $5.53 Billion | $1.85 Billion | ▼ -46.2% |
| 2008 | 0.62x | $3.56 Billion | $5.73 Billion | $3.56 Billion | ▲ +34.4% |
| 2007 | 0.46x | $3.54 Billion | $7.66 Billion | $3.54 Billion | ▼ -21.1% |
| 2006 | 0.59x | $3.88 Billion | $6.62 Billion | $3.88 Billion | ▼ -1.5% |
| 2005 | 0.60x | $3.95 Billion | $6.63 Billion | $3.95 Billion | ▼ -5.1% |
| 2004 | 0.63x | $4.11 Billion | $6.54 Billion | $4.11 Billion | ▲ +9.6% |
| 2003 | 0.57x | $2.75 Billion | $4.80 Billion | $2.75 Billion | ▲ +0.6% |
| 2002 | 0.57x | $3.39 Billion | $5.96 Billion | $3.39 Billion | ▼ -55.3% |
| 2001 | 1.27x | $3.56 Billion | $2.80 Billion | $3.56 Billion | ▲ +20.6% |
| 2000 | 1.06x | $2.58 Billion | $2.45 Billion | $2.58 Billion | ▼ -12.8% |
| 1999 | 1.21x | $2.32 Billion | $1.92 Billion | $2.32 Billion | ▼ -15.9% |
| 1998 | 1.44x | $1.48 Billion | $1.03 Billion | $1.48 Billion | ▲ +32.6% |
| 1997 | 1.09x | $1.19 Billion | $1.10 Billion | $1.19 Billion | ▼ -39.4% |
| 1996 | 1.79x | $1.28 Billion | $713.00 Million | $1.28 Billion | ▼ -13.0% |
| 1995 | 2.06x | $1.10 Billion | $534.50 Million | $1.10 Billion | ▼ -5.5% |
| 1994 | 2.18x | $864.20 Million | $396.50 Million | $864.20 Million | ▲ +70.4% |
| 1993 | 1.28x | $432.50 Million | $338.10 Million | $432.50 Million | ▼ -21.0% |
| 1992 | 1.62x | $431.70 Million | $266.60 Million | $431.70 Million | ▼ -26.5% |
| 1991 | 2.20x | $398.10 Million | $180.70 Million | $398.10 Million | ▲ +35.3% |
| 1990 | 1.63x | $190.20 Million | $116.80 Million | $190.20 Million | — |