Penumbra Inc (PEN) — Cash Flow Reinvestment Rate

Latest as of June 2026: 1.98x

Penumbra Inc (PEN) has a Cash Flow Reinvestment Rate of 1.98x as of June 2026, reinvesting $91.09 Million (capex $13.54 Million plus investments $-77.55 Million) from operating cash flow of $46.08 Million. See Penumbra Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.98x
(Capex + Investments) / Operating CF

Total Reinvested

$91.09 Million
Capex + Investments

Operating Cash Flow

$46.08 Million
USD

Capital Expenditures

$13.54 Million
USD

Penumbra Inc Cash Flow Reinvestment Rate (2017–2025)

Historical reinvestment intensity for Penumbra Inc across 7 annual periods. For the full cash flow conversion analysis, see PEN cash flow conversion.

Annual Cash Flow Reinvestment Rate for Penumbra Inc (2017–2025)

Year-by-year capital reinvestment analysis for Penumbra Inc. See PEN 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
2025 1.70x $404.59 Million $238.66 Million $63.73 Million ▲ +189.1%
2024 0.59x $98.81 Million $168.48 Million $21.18 Million ▲ +21.6%
2023 0.48x $46.94 Million $97.33 Million $15.21 Million ▼ -81.1%
2021 2.55x $24.25 Million $9.50 Million $21.18 Million ▲ +69.5%
2019 1.51x $40.14 Million $26.65 Million $22.11 Million ▲ +10.6%
2018 1.36x $39.23 Million $28.81 Million $9.60 Million ▼ -81.4%
2017 7.30x $92.69 Million $12.69 Million $15.03 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow