BAE SYSTEMS ADR/4 LS-025 (BSPA) — Capital Reinvestment Ratio
BAE SYSTEMS ADR/4 LS-025 (BSPA) has a Capital Reinvestment Ratio of 0.32x as of December 2025, meaning it reinvests 0% of its operating cash flow (€3.43 Billion) in capital expenditures (€1.10 Billion). Check how tangible is BAE SYSTEMS ADR/4 LS-025's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
BAE SYSTEMS ADR/4 LS-025 Capital Reinvestment Ratio (2021–2025)
This chart tracks BAE SYSTEMS ADR/4 LS-025's Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see BSPA cash generation efficiency.
Annual Capital Reinvestment Ratio for BAE SYSTEMS ADR/4 LS-025 (2021–2025)
Year-by-year Capital Reinvestment Ratio for BAE SYSTEMS ADR/4 LS-025 from 2021 to 2025. See BAE SYSTEMS ADR/4 LS-025 (BSPA) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.32x | €3.43 Billion | €1.10 Billion | ▲ +8.5% |
| 2024 | 0.30x | €3.92 Billion | €1.16 Billion | ▲ +16.4% |
| 2023 | 0.25x | €3.76 Billion | €957.00 Million | ▲ +4.3% |
| 2022 | 0.24x | €2.84 Billion | €693.00 Million | ▼ -2.4% |
| 2021 | 0.25x | €2.45 Billion | €612.00 Million | — |