Capex S.A (CAPX) — Capital Reinvestment Ratio
Capex S.A (CAPX) has a Capital Reinvestment Ratio of 4.06x as of January 2026, meaning it reinvests 4% of its operating cash flow (AR$7.03 Billion) in capital expenditures (AR$28.53 Billion). See Capex S.A balance sheet quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capex S.A Capital Reinvestment Ratio (2016–2025)
This chart tracks Capex S.A's Capital Reinvestment Ratio across 10 annual periods. Check CAPX total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Capex S.A (2016–2025)
Year-by-year Capital Reinvestment Ratio for Capex S.A from 2016 to 2025. For live market cap and broader valuation context, see how much is Capex S.A worth.
| Year | Reinvestment Ratio | Operating CF (ARS) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.02x | AR$174.40 Billion | AR$178.07 Billion | ▼ -54.4% |
| 2024 | 2.24x | AR$78.50 Billion | AR$175.65 Billion | ▲ +80.8% |
| 2023 | 1.24x | AR$29.33 Billion | AR$36.29 Billion | ▲ +39.4% |
| 2022 | 0.89x | AR$37.01 Billion | AR$32.86 Billion | ▲ +48.5% |
| 2021 | 0.60x | AR$5.26 Billion | AR$3.14 Billion | ▼ -45.4% |
| 2020 | 1.09x | AR$3.94 Billion | AR$4.32 Billion | ▲ +39.9% |
| 2019 | 0.78x | AR$6.95 Billion | AR$5.44 Billion | ▲ +52.3% |
| 2018 | 0.51x | AR$3.40 Billion | AR$1.75 Billion | ▲ +6.8% |
| 2017 | 0.48x | AR$2.03 Billion | AR$976.94 Million | ▼ -37.4% |
| 2016 | 0.77x | AR$824.40 Million | AR$633.36 Million | — |