Enel SpA (ENLA) — Capital Reinvestment Ratio
Enel SpA (ENLA) has a Capital Reinvestment Ratio of 0.58x as of December 2025, meaning it reinvests 1% of its operating cash flow (€4.83 Billion) in capital expenditures (€2.79 Billion). Check ENLA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Enel SpA Capital Reinvestment Ratio (2016–2025)
This chart tracks Enel SpA's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see Enel SpA (ENLA) cash conversion ratio.
Annual Capital Reinvestment Ratio for Enel SpA (2016–2025)
Year-by-year Capital Reinvestment Ratio for Enel SpA from 2016 to 2025. See Enel SpA (ENLA) 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 | €13.93 Billion | €9.63 Billion | ▼ -10.0% |
| 2024 | 0.77x | €13.22 Billion | €10.17 Billion | ▼ -12.0% |
| 2023 | 0.87x | €14.62 Billion | €12.77 Billion | ▼ -42.8% |
| 2022 | 1.53x | €8.67 Billion | €13.24 Billion | ▲ +45.8% |
| 2021 | 1.05x | €10.07 Billion | €10.54 Billion | ▲ +44.7% |
| 2020 | 0.72x | €11.51 Billion | €8.33 Billion | ▼ -1.1% |
| 2019 | 0.73x | €11.25 Billion | €8.24 Billion | ▲ +17.4% |
| 2018 | 0.62x | €11.07 Billion | €6.91 Billion | ▼ -12.6% |
| 2017 | 0.71x | €10.12 Billion | €7.23 Billion | ▼ -20.5% |
| 2016 | 0.90x | €9.85 Billion | €8.84 Billion | — |