Vale S.A Capital Reinvestment Ratio
Vale S.A capital reinvestment ratio. Vale S.A (VALE) has a Capital Reinvestment Ratio of 0.54x as of September 2025, meaning it reinvests 1% of its operating cash flow (AR$2.58 Billion) in capital expenditures (AR$1.39 Billion). See cash generation quality of Vale S.A to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Vale S.A (2016–2024)
Capital reinvestment ratio of Vale S.A from 2016 to 2024. This chart tracks Vale S.A's Capital Reinvestment Ratio across 9 annual periods. See VALE free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
Vale S.A Capital Reinvestment Ratio by Year (2016–2024)
Vale S.A capital reinvestment ratio by year from 2016 to 2024. For the full cash flow conversion analysis, see Vale S.A (VALE) cash conversion ratio.
| Year | Reinvestment Ratio | Operating CF (ARS) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.69x | AR$9.37 Billion | AR$6.45 Billion | ▲ +26.7% |
| 2023 | 0.54x | AR$10.29 Billion | AR$5.59 Billion | ▲ +12.2% |
| 2022 | 0.48x | AR$58.20 Billion | AR$28.18 Billion | ▲ +142.6% |
| 2021 | 0.20x | AR$136.77 Billion | AR$27.30 Billion | ▼ -30.9% |
| 2020 | 0.29x | AR$75.21 Billion | AR$21.72 Billion | ▼ -1.2% |
| 2019 | 0.29x | AR$47.28 Billion | AR$13.82 Billion | ▲ +0.5% |
| 2018 | 0.29x | AR$47.80 Billion | AR$13.90 Billion | ▼ -7.0% |
| 2017 | 0.31x | AR$39.15 Billion | AR$12.24 Billion | ▼ -58.5% |
| 2016 | 0.75x | AR$6.58 Billion | AR$4.95 Billion | — |