Nestlé S.A (NESM) — Capital Reinvestment Ratio
Latest as of December 2022:
0.34x
Nestlé S.A (NESM) has a Capital Reinvestment Ratio of 0.34x as of December 2022, meaning it reinvests 0% of its operating cash flow (€3.99 Billion) in capital expenditures (€1.36 Billion). Check NESM goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
0.34x
Capex / Operating Cash Flow
Operating Cash Flow
€3.99 Billion
EUR
Capital Expenditures
€1.36 Billion
EUR
Data as of
Dec 2022
Most recent filing
Nestlé S.A Capital Reinvestment Ratio (2013–2024)
This chart tracks Nestlé S.A's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see NESM cash flow metrics.
Annual Capital Reinvestment Ratio for Nestlé S.A (2013–2024)
Year-by-year Capital Reinvestment Ratio for Nestlé S.A from 2013 to 2024. See NESM free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.36x | €16.68 Billion | €5.96 Billion | ▼ -8.1% |
| 2023 | 0.39x | €15.94 Billion | €6.20 Billion | ▼ -9.1% |
| 2022 | 0.43x | €11.91 Billion | €5.09 Billion | ▲ +21.6% |
| 2021 | 0.35x | €13.86 Billion | €4.88 Billion | ▲ +24.2% |
| 2020 | 0.28x | €14.38 Billion | €4.08 Billion | ▲ +21.6% |
| 2019 | 0.23x | €15.85 Billion | €3.69 Billion | ▼ -7.2% |
| 2018 | 0.25x | €15.40 Billion | €3.87 Billion | ▼ -9.4% |
| 2017 | 0.28x | €14.20 Billion | €3.94 Billion | ▼ -7.9% |
| 2016 | 0.30x | €15.58 Billion | €4.69 Billion | ▲ +11.2% |
| 2015 | 0.27x | €14.30 Billion | €3.87 Billion | ▲ +1.7% |
| 2014 | 0.27x | €14.70 Billion | €3.91 Billion | ▼ -19.0% |
| 2013 | 0.33x | €14.99 Billion | €4.93 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow