AENA SME UNSP.ADR/1/10 (A440) — Capital Reinvestment Ratio
AENA SME UNSP.ADR/1/10 (A440) has a Capital Reinvestment Ratio of 0.40x as of June 2026, meaning it reinvests 0% of its operating cash flow (€690.06 Million) in capital expenditures (€273.50 Million). Check A440 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
AENA SME UNSP.ADR/1/10 Capital Reinvestment Ratio (2021–2025)
This chart tracks AENA SME UNSP.ADR/1/10's Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see how efficiently does AENA SME UNSP.ADR/1/10 generate cash.
Annual Capital Reinvestment Ratio for AENA SME UNSP.ADR/1/10 (2021–2025)
Year-by-year Capital Reinvestment Ratio for AENA SME UNSP.ADR/1/10 from 2021 to 2025. See A440 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.38x | €2.79 Billion | €1.06 Billion | ▲ +26.8% |
| 2024 | 0.30x | €2.75 Billion | €823.00 Million | ▼ -51.9% |
| 2023 | 0.62x | €2.22 Billion | €1.38 Billion | ▲ +59.5% |
| 2022 | 0.39x | €1.86 Billion | €727.69 Million | ▼ -83.7% |
| 2021 | 2.39x | €280.47 Million | €671.08 Million | — |