Barrick Gold Corp (ABX) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.41x

Barrick Gold Corp (ABX) has a Cash Flow Reinvestment Rate of 0.41x as of December 2025, reinvesting CA$1.17 Billion (capex CA$1.12 Billion plus investments CA$43.00 Million) from operating cash flow of CA$2.87 Billion. See how much free cash does Barrick Gold Corp generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.41x
(Capex + Investments) / Operating CF

Total Reinvested

CA$1.17 Billion
Capex + Investments

Operating Cash Flow

CA$2.87 Billion
CAD

Capital Expenditures

CA$1.12 Billion
CAD

Barrick Gold Corp Cash Flow Reinvestment Rate (1995–2025)

Historical reinvestment intensity for Barrick Gold Corp across 30 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Barrick Gold Corp.

Annual Cash Flow Reinvestment Rate for Barrick Gold Corp (1995–2025)

Year-by-year capital reinvestment analysis for Barrick Gold Corp. See Barrick Gold Corp (ABX) flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (CAD) Operating CF Capex YoY Change
2025 0.49x CA$3.93 Billion CA$8.08 Billion CA$3.89 Billion ▼ -63.2%
2024 1.32x CA$5.94 Billion CA$4.49 Billion CA$3.17 Billion ▼ -16.6%
2023 1.59x CA$5.92 Billion CA$3.73 Billion CA$3.09 Billion ▲ +15.9%
2022 1.37x CA$4.76 Billion CA$3.48 Billion CA$3.05 Billion ▲ +105.8%
2021 0.66x CA$2.91 Billion CA$4.38 Billion CA$2.44 Billion ▲ +7.8%
2020 0.62x CA$3.34 Billion CA$5.42 Billion CA$2.05 Billion ▼ -0.2%
2019 0.62x CA$1.75 Billion CA$2.83 Billion CA$1.70 Billion ▼ -62.3%
2018 1.64x CA$2.89 Billion CA$1.76 Billion CA$1.40 Billion ▲ +95.4%
2017 0.84x CA$1.73 Billion CA$2.06 Billion CA$1.40 Billion ▲ +44.1%
2016 0.58x CA$1.54 Billion CA$2.64 Billion CA$1.13 Billion ▼ -6.4%
2015 0.62x CA$1.74 Billion CA$2.79 Billion CA$1.71 Billion ▼ -48.4%
2014 1.21x CA$2.77 Billion CA$2.30 Billion CA$2.43 Billion ▼ -7.4%
2013 1.30x CA$5.52 Billion CA$4.24 Billion CA$5.50 Billion ▲ +11.2%
2012 1.17x CA$6.37 Billion CA$5.44 Billion CA$6.37 Billion ▲ +25.2%
2011 0.94x CA$4.97 Billion CA$5.32 Billion CA$4.97 Billion ▲ +16.2%
2010 0.81x CA$3.32 Billion CA$4.13 Billion CA$3.32 Billion ▲ +0.0%
2008 0.81x CA$1.78 Billion CA$2.21 Billion CA$1.78 Billion ▲ +34.9%
2007 0.60x CA$1.05 Billion CA$1.75 Billion CA$1.05 Billion ▲ +18.1%
2006 0.51x CA$1.09 Billion CA$2.15 Billion CA$1.09 Billion ▼ -66.8%
2005 1.52x CA$1.10 Billion CA$725.77 Million CA$1.10 Billion ▼ -6.6%
2004 1.63x CA$824.24 Million CA$505.88 Million CA$824.24 Million ▲ +147.2%
2003 0.66x CA$384.26 Million CA$582.98 Million CA$384.26 Million ▲ +47.7%
2002 0.45x CA$291.03 Million CA$651.97 Million CA$291.03 Million ▼ -44.8%
2001 0.81x CA$549.06 Million CA$679.11 Million CA$549.06 Million ▼ -14.3%
2000 0.94x CA$664.76 Million CA$704.76 Million CA$664.76 Million ▲ +6.8%
1999 0.88x CA$620.03 Million CA$702.01 Million CA$620.03 Million ▼ -6.1%
1998 0.94x CA$507.01 Million CA$539.05 Million CA$507.01 Million ▲ +18.8%
1997 0.79x CA$372.02 Million CA$470.02 Million CA$372.02 Million ▼ -54.0%
1996 1.72x CA$795.99 Million CA$462.97 Million CA$795.99 Million ▲ +124.4%
1995 0.77x CA$384.97 Million CA$502.38 Million CA$384.97 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow