Eni S.p.A (ENI1) — Capital Reinvestment Ratio
Eni S.p.A (ENI1) has a Capital Reinvestment Ratio of 1.70x as of March 2026, meaning it reinvests 2% of its operating cash flow (€1.43 Billion) in capital expenditures (€2.43 Billion). Check Eni S.p.A tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Eni S.p.A Capital Reinvestment Ratio (2016–2025)
This chart tracks Eni S.p.A's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see ENI1 cash generation efficiency.
Annual Capital Reinvestment Ratio for Eni S.p.A (2016–2025)
Year-by-year Capital Reinvestment Ratio for Eni S.p.A from 2016 to 2025. See Eni S.p.A (ENI1) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.69x | €13.33 Billion | €9.23 Billion | ▲ +6.8% |
| 2024 | 0.65x | €13.09 Billion | €8.49 Billion | ▲ +8.2% |
| 2023 | 0.60x | €15.54 Billion | €9.32 Billion | ▲ +36.0% |
| 2022 | 0.44x | €17.46 Billion | €7.70 Billion | ▲ +14.6% |
| 2021 | 0.38x | €12.86 Billion | €4.95 Billion | ▼ -57.9% |
| 2020 | 0.91x | €4.82 Billion | €4.41 Billion | ▲ +40.7% |
| 2019 | 0.65x | €12.39 Billion | €8.05 Billion | ▲ +1.0% |
| 2018 | 0.64x | €13.65 Billion | €8.78 Billion | ▼ -23.4% |
| 2017 | 0.84x | €10.12 Billion | €8.49 Billion | ▼ -21.7% |
| 2016 | 1.07x | €8.56 Billion | €9.18 Billion | — |