Norsk Hydro ASA (NOHA) — Capital Reinvestment Ratio
Norsk Hydro ASA (NOHA) has a Capital Reinvestment Ratio of 0.51x as of December 2025, meaning it reinvests 1% of its operating cash flow (€7.99 Billion) in capital expenditures (€4.06 Billion). Check NOHA 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
Norsk Hydro ASA Capital Reinvestment Ratio (2016–2025)
This chart tracks Norsk Hydro ASA's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see NOHA cash flow metrics.
Annual Capital Reinvestment Ratio for Norsk Hydro ASA (2016–2025)
Year-by-year Capital Reinvestment Ratio for Norsk Hydro ASA from 2016 to 2025. See how much free cash does Norsk Hydro ASA generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.50x | €23.31 Billion | €11.58 Billion | ▼ -43.7% |
| 2024 | 0.88x | €15.36 Billion | €13.55 Billion | ▲ +85.5% |
| 2023 | 0.48x | €27.31 Billion | €13.00 Billion | ▲ +45.4% |
| 2022 | 0.33x | €29.34 Billion | €9.60 Billion | ▼ -22.1% |
| 2021 | 0.42x | €14.33 Billion | €6.02 Billion | ▼ -3.0% |
| 2020 | 0.43x | €12.76 Billion | €5.53 Billion | ▼ -37.7% |
| 2019 | 0.70x | €12.55 Billion | €8.73 Billion | ▼ -32.3% |
| 2018 | 1.03x | €7.03 Billion | €7.22 Billion | ▲ +102.1% |
| 2017 | 0.51x | €14.35 Billion | €7.30 Billion | ▼ -26.3% |
| 2016 | 0.69x | €10.02 Billion | €6.91 Billion | — |