Xero Ltd (XRO) — Capital Reinvestment Ratio
Xero Ltd (XRO) has a Capital Reinvestment Ratio of 0.01x as of September 2025, meaning it reinvests 0% of its operating cash flow (AU$530.43 Million) in capital expenditures (AU$3.00 Million). Check Xero Ltd (XRO) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Xero Ltd Capital Reinvestment Ratio (2018–2025)
This chart tracks Xero Ltd's Capital Reinvestment Ratio across 8 annual periods. For the full cash flow conversion analysis, see how efficiently does Xero Ltd generate cash.
Annual Capital Reinvestment Ratio for Xero Ltd (2018–2025)
Year-by-year Capital Reinvestment Ratio for Xero Ltd from 2018 to 2025. See XRO cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (AUD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.02x | AU$812.82 Million | AU$13.15 Million | ▲ +45.4% |
| 2024 | 0.01x | AU$591.76 Million | AU$6.59 Million | ▼ -98.4% |
| 2023 | 0.72x | AU$390.45 Million | AU$279.30 Million | ▼ -31.1% |
| 2022 | 1.04x | AU$236.37 Million | AU$245.27 Million | ▲ +38.7% |
| 2021 | 0.75x | AU$218.64 Million | AU$163.52 Million | ▼ -10.2% |
| 2020 | 0.83x | AU$162.31 Million | AU$135.25 Million | ▼ -14.6% |
| 2019 | 0.98x | AU$106.64 Million | AU$104.02 Million | ▼ -34.2% |
| 2018 | 1.48x | AU$56.54 Million | AU$83.80 Million | — |