Telstra Group Ltd (TLS) — Capital Reinvestment Ratio
Telstra Group Ltd (TLS) has a Capital Reinvestment Ratio of 0.38x as of December 2025, meaning it reinvests 0% of its operating cash flow (AU$3.25 Billion) in capital expenditures (AU$1.25 Billion). See how leveraged is Telstra Group Ltd's balance sheet to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Telstra Group Ltd Capital Reinvestment Ratio (1994–2025)
This chart tracks Telstra Group Ltd's Capital Reinvestment Ratio across 30 annual periods. Check Telstra Group Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Telstra Group Ltd (1994–2025)
Year-by-year Capital Reinvestment Ratio for Telstra Group Ltd from 1994 to 2025. For live market cap and broader valuation context, see Telstra Group Ltd market capitalisation.
| Year | Reinvestment Ratio | Operating CF (AUD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.53x | AU$7.32 Billion | AU$3.87 Billion | ▼ -32.6% |
| 2024 | 0.78x | AU$6.45 Billion | AU$5.06 Billion | ▲ +26.6% |
| 2023 | 0.62x | AU$6.24 Billion | AU$3.87 Billion | ▲ +36.7% |
| 2022 | 0.45x | AU$6.82 Billion | AU$3.09 Billion | ▼ -3.9% |
| 2021 | 0.47x | AU$6.66 Billion | AU$3.14 Billion | ▼ -13.6% |
| 2020 | 0.55x | AU$6.31 Billion | AU$3.44 Billion | ▲ +13.7% |
| 2019 | 0.48x | AU$6.68 Billion | AU$3.21 Billion | ▲ +15.6% |
| 2018 | 0.41x | AU$8.61 Billion | AU$3.57 Billion | ▼ -13.4% |
| 2017 | 0.48x | AU$7.78 Billion | AU$3.73 Billion | ▼ -7.1% |
| 2016 | 0.52x | AU$8.13 Billion | AU$4.19 Billion | ▼ -16.0% |
| 2015 | 0.61x | AU$8.31 Billion | AU$5.10 Billion | ▲ +40.5% |
| 2014 | 0.44x | AU$8.61 Billion | AU$3.76 Billion | ▼ -19.0% |
| 2013 | 0.54x | AU$8.36 Billion | AU$4.51 Billion | ▲ +26.7% |
| 2012 | 0.43x | AU$9.28 Billion | AU$3.95 Billion | ▲ +5.0% |
| 2011 | 0.41x | AU$8.02 Billion | AU$3.25 Billion | ▲ +9.3% |
| 2010 | 0.37x | AU$9.69 Billion | AU$3.60 Billion | ▼ -30.4% |
| 2009 | 0.53x | AU$9.00 Billion | AU$4.79 Billion | ▼ -11.5% |
| 2008 | 0.60x | AU$8.84 Billion | AU$5.33 Billion | ▼ -9.2% |
| 2007 | 0.66x | AU$8.52 Billion | AU$5.65 Billion | ▲ +33.5% |
| 2006 | 0.50x | AU$8.56 Billion | AU$4.25 Billion | ▲ +15.1% |
| 2005 | 0.43x | AU$8.16 Billion | AU$3.52 Billion | ▲ +6.7% |
| 2004 | 0.40x | AU$7.43 Billion | AU$3.01 Billion | ▼ -12.4% |
| 2003 | 0.46x | AU$7.06 Billion | AU$3.26 Billion | ▼ -5.9% |
| 2002 | 0.49x | AU$7.10 Billion | AU$3.48 Billion | ▼ -24.6% |
| 2001 | 0.65x | AU$6.60 Billion | AU$4.30 Billion | ▲ +6.4% |
| 2000 | 0.61x | AU$6.55 Billion | AU$4.01 Billion | ▼ -18.5% |
| 1997 | 0.75x | AU$5.25 Billion | AU$3.94 Billion | ▼ -12.9% |
| 1996 | 0.86x | AU$4.51 Billion | AU$3.89 Billion | ▲ +40.7% |
| 1995 | 0.61x | AU$5.29 Billion | AU$3.24 Billion | ▲ +6.8% |
| 1994 | 0.57x | AU$4.20 Billion | AU$2.41 Billion | — |