SHELL PLC WI ADR/2 (L3H) — Capital Reinvestment Ratio
SHELL PLC WI ADR/2 (L3H) has a Capital Reinvestment Ratio of 0.56x as of December 2025, meaning it reinvests 1% of its operating cash flow (€9.44 Billion) in capital expenditures (€5.25 Billion). Check tangible equity quality of SHELL PLC WI ADR/2 to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
SHELL PLC WI ADR/2 Capital Reinvestment Ratio (2021–2025)
This chart tracks SHELL PLC WI ADR/2's Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see SHELL PLC WI ADR/2 cash conversion from operations.
Annual Capital Reinvestment Ratio for SHELL PLC WI ADR/2 (2021–2025)
Year-by-year Capital Reinvestment Ratio for SHELL PLC WI ADR/2 from 2021 to 2025. See SHELL PLC WI ADR/2 (L3H) 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 | 0.44x | €42.86 Billion | €18.95 Billion | ▲ +23.3% |
| 2024 | 0.36x | €54.69 Billion | €19.60 Billion | ▼ -15.5% |
| 2023 | 0.42x | €54.19 Billion | €22.99 Billion | ▲ +28.4% |
| 2022 | 0.33x | €68.41 Billion | €22.60 Billion | ▼ -21.6% |
| 2021 | 0.42x | €45.10 Billion | €19.00 Billion | — |