Capex S.A (CAPX) — Capital Reinvestment Ratio
Latest as of January 2026:
4.06x
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 CAPX cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
4.06x
Capex / Operating Cash Flow
Operating Cash Flow
AR$7.03 Billion
ARS
Capital Expenditures
AR$28.53 Billion
ARS
Data as of
Jan 2026
Most recent filing
Capex S.A Capital Reinvestment Ratio (2016–2025)
This chart tracks Capex S.A's Capital Reinvestment Ratio across 10 annual periods.
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 Capex S.A (CAPX) total market value.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow