Mercedes-Benz Group AG (MBG) — Capital Reinvestment Ratio
Mercedes-Benz Group AG (MBG) has a Capital Reinvestment Ratio of 1.39x as of December 2025, meaning it reinvests 1% of its operating cash flow (€2.78 Billion) in capital expenditures (€3.85 Billion). Check MBG 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
Mercedes-Benz Group AG Capital Reinvestment Ratio (2007–2025)
This chart tracks Mercedes-Benz Group AG's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see how efficiently does Mercedes-Benz Group AG generate cash.
Annual Capital Reinvestment Ratio for Mercedes-Benz Group AG (2007–2025)
Year-by-year Capital Reinvestment Ratio for Mercedes-Benz Group AG from 2007 to 2025. See Mercedes-Benz Group AG free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.54x | €18.01 Billion | €9.74 Billion | ▲ +10.7% |
| 2024 | 0.49x | €17.73 Billion | €8.66 Billion | ▼ -13.9% |
| 2023 | 0.57x | €14.47 Billion | €8.21 Billion | ▲ +175.5% |
| 2022 | 0.21x | €16.89 Billion | €3.48 Billion | ▲ +10.5% |
| 2021 | 0.19x | €24.55 Billion | €4.58 Billion | ▼ -27.4% |
| 2020 | 0.26x | €22.33 Billion | €5.74 Billion | ▼ -71.8% |
| 2019 | 0.91x | €7.89 Billion | €7.20 Billion | ▼ -95.8% |
| 2018 | 21.97x | €343.00 Million | €7.53 Billion | ▲ +822.8% |
| 2016 | 2.38x | €3.71 Billion | €8.83 Billion | ▼ -89.6% |
| 2015 | 22.86x | €222.00 Million | €5.08 Billion | ▲ +1409.5% |
| 2013 | 1.51x | €3.29 Billion | €4.97 Billion | ▲ +585.1% |
| 2009 | 0.22x | €10.96 Billion | €2.42 Billion | ▼ -92.1% |
| 2008 | 2.79x | €4.52 Billion | €12.62 Billion | ▲ +136.1% |
| 2007 | 1.18x | €19.28 Billion | €22.80 Billion | — |