Eli Lilly and Company (LLY) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.27x

Eli Lilly and Company (LLY) has a Cash Flow Reinvestment Rate of 0.27x as of June 2026, reinvesting $2.93 Billion (capex $2.93 Billion ) from operating cash flow of $10.69 Billion. See Eli Lilly and Company (LLY) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.27x
(Capex + Investments) / Operating CF

Total Reinvested

$2.93 Billion
Capex + Investments

Operating Cash Flow

$10.69 Billion
USD

Capital Expenditures

$2.93 Billion
USD

Eli Lilly and Company Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Eli Lilly and Company across 37 annual periods. For the full cash flow conversion analysis, see Eli Lilly and Company (LLY) cash conversion ratio.

Annual Cash Flow Reinvestment Rate for Eli Lilly and Company (1989–2025)

Year-by-year capital reinvestment analysis for Eli Lilly and Company. See Eli Lilly and Company (LLY) 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 0.49x $8.16 Billion $16.81 Billion $7.84 Billion ▼ -75.8%
2024 2.01x $17.71 Billion $8.82 Billion $8.40 Billion ▼ -41.5%
2023 3.43x $14.54 Billion $4.24 Billion $7.39 Billion ▲ +790.8%
2022 0.39x $2.73 Billion $7.08 Billion $2.48 Billion ▲ +37.1%
2021 0.28x $2.04 Billion $7.26 Billion $1.87 Billion ▼ -28.3%
2020 0.39x $2.55 Billion $6.50 Billion $2.03 Billion ▲ +4.7%
2019 0.37x $1.81 Billion $4.84 Billion $1.35 Billion ▼ -74.6%
2018 1.47x $8.13 Billion $5.52 Billion $3.02 Billion ▲ +203.1%
2017 0.49x $2.73 Billion $5.62 Billion $2.16 Billion ▼ -22.5%
2016 0.63x $3.04 Billion $4.85 Billion $1.09 Billion ▼ -33.4%
2015 0.94x $2.79 Billion $2.96 Billion $1.63 Billion ▼ -19.2%
2014 1.16x $5.19 Billion $4.46 Billion $1.57 Billion ▲ +510.5%
2013 0.19x $1.09 Billion $5.74 Billion $1.09 Billion ▼ -73.2%
2012 0.71x $3.77 Billion $5.30 Billion $1.04 Billion ▲ +203.5%
2011 0.23x $1.69 Billion $7.23 Billion $1.69 Billion ▼ -31.9%
2010 0.34x $2.36 Billion $6.86 Billion $1.19 Billion ▲ +74.2%
2009 0.20x $855.00 Million $4.34 Billion $855.00 Million ▲ +51.9%
2008 0.13x $947.20 Million $7.30 Billion $947.20 Million ▼ -38.2%
2007 0.21x $1.08 Billion $5.15 Billion $1.08 Billion ▼ -22.5%
2006 0.27x $1.08 Billion $3.98 Billion $1.08 Billion ▼ -60.0%
2005 0.68x $1.30 Billion $1.91 Billion $1.30 Billion ▲ +2.6%
2004 0.66x $1.90 Billion $2.87 Billion $1.90 Billion ▲ +41.3%
2003 0.47x $1.71 Billion $3.65 Billion $1.71 Billion ▼ -14.3%
2002 0.55x $1.13 Billion $2.07 Billion $1.13 Billion ▲ +126.2%
2001 0.24x $884.00 Million $3.66 Billion $884.00 Million ▲ +32.9%
2000 0.18x $677.90 Million $3.73 Billion $677.90 Million ▼ -9.9%
1999 0.20x $528.30 Million $2.62 Billion $528.30 Million ▲ +26.3%
1998 0.16x $419.90 Million $2.63 Billion $419.90 Million ▲ +4.6%
1997 0.15x $366.30 Million $2.40 Billion $366.30 Million ▼ -31.5%
1996 0.22x $443.90 Million $1.99 Billion $443.90 Million ▼ -26.2%
1995 0.30x $551.30 Million $1.82 Billion $551.30 Million ▼ -19.7%
1994 0.38x $576.50 Million $1.53 Billion $576.50 Million ▼ -9.9%
1993 0.42x $633.50 Million $1.52 Billion $633.50 Million ▼ -38.2%
1992 0.68x $1.00 Billion $1.48 Billion $1.00 Billion ▼ -25.8%
1991 0.91x $1.14 Billion $1.25 Billion $1.14 Billion ▲ +33.3%
1990 0.68x $1.01 Billion $1.47 Billion $1.01 Billion ▲ +27.2%
1989 0.54x $554.50 Million $1.03 Billion $554.50 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow