Eni S.p.A (ENI1) — Capital Reinvestment Ratio

Latest as of March 2026: 1.70x

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). See free cash flow generation of Eni S.p.A to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

1.70x
Capex / Operating Cash Flow

Operating Cash Flow

€1.43 Billion
EUR

Capital Expenditures

€2.43 Billion
EUR

Data as of

Mar 2026
Most recent filing

Eni S.p.A Capital Reinvestment Ratio (2016–2025)

This chart tracks Eni S.p.A's Capital Reinvestment Ratio across 10 annual periods.

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. For live market cap and broader valuation context, see ENI1 stock market capitalisation.

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
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow