Larsen & Toubro Limited (LTO) — Capital Reinvestment Ratio
Larsen & Toubro Limited (LTO) has a Capital Reinvestment Ratio of 0.48x as of March 2025, meaning it reinvests 0% of its operating cash flow (€91.61 Billion) in capital expenditures (€44.19 Billion). Check how tangible is Larsen & Toubro Limited's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Larsen & Toubro Limited Capital Reinvestment Ratio (2017–2025)
This chart tracks Larsen & Toubro Limited's Capital Reinvestment Ratio across 7 annual periods. For the full cash flow conversion analysis, see LTO cash flow conversion.
Annual Capital Reinvestment Ratio for Larsen & Toubro Limited (2017–2025)
Year-by-year Capital Reinvestment Ratio for Larsen & Toubro Limited from 2017 to 2025. See LTO free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.48x | €91.61 Billion | €44.19 Billion | ▲ +95.1% |
| 2024 | 0.25x | €182.66 Billion | €45.17 Billion | ▲ +35.9% |
| 2023 | 0.18x | €227.77 Billion | €41.44 Billion | ▲ +12.1% |
| 2022 | 0.16x | €191.64 Billion | €31.11 Billion | ▲ +107.2% |
| 2021 | 0.08x | €230.72 Billion | €18.08 Billion | ▼ -85.1% |
| 2020 | 0.53x | €65.42 Billion | €34.37 Billion | ▲ +17.4% |
| 2017 | 0.45x | €66.55 Billion | €29.77 Billion | — |