Vale S.A (CVLB) — Capital Reinvestment Ratio
Vale S.A (CVLB) has a Capital Reinvestment Ratio of 0.63x as of March 2026, meaning it reinvests 1% of its operating cash flow (€1.88 Billion) in capital expenditures (€1.19 Billion). Check CVLB goodwill-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
Vale S.A Capital Reinvestment Ratio (2013–2025)
This chart tracks Vale S.A's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see Vale S.A (CVLB) cash conversion ratio.
Annual Capital Reinvestment Ratio for Vale S.A (2013–2025)
Year-by-year Capital Reinvestment Ratio for Vale S.A from 2013 to 2025. See how much free cash does Vale S.A generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.68x | €8.80 Billion | €6.01 Billion | ▼ -0.9% |
| 2024 | 0.69x | €9.37 Billion | €6.45 Billion | ▲ +26.7% |
| 2023 | 0.54x | €10.29 Billion | €5.59 Billion | ▲ +12.2% |
| 2022 | 0.48x | €58.20 Billion | €28.18 Billion | ▲ +142.6% |
| 2021 | 0.20x | €136.77 Billion | €27.30 Billion | ▼ -30.9% |
| 2020 | 0.29x | €75.21 Billion | €21.72 Billion | ▼ -1.2% |
| 2019 | 0.29x | €47.28 Billion | €13.82 Billion | ▲ +0.5% |
| 2018 | 0.29x | €47.80 Billion | €13.90 Billion | ▼ -7.0% |
| 2017 | 0.31x | €39.15 Billion | €12.24 Billion | ▲ +36.6% |
| 2016 | 0.23x | €21.64 Billion | €4.95 Billion | ▼ -86.6% |
| 2015 | 1.71x | €15.72 Billion | €26.93 Billion | ▲ +81.4% |
| 2014 | 0.94x | €27.79 Billion | €26.25 Billion | ▲ +6.7% |
| 2013 | 0.89x | €32.23 Billion | €28.55 Billion | — |