Telecom Italia S.p.A (TQIR) — Capital Reinvestment Ratio
Telecom Italia S.p.A (TQIR) has a Capital Reinvestment Ratio of 0.74x as of December 2025, meaning it reinvests 1% of its operating cash flow (€1.10 Billion) in capital expenditures (€816.00 Million). Check Telecom Italia S.p.A tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Telecom Italia S.p.A Capital Reinvestment Ratio (2013–2025)
This chart tracks Telecom Italia S.p.A's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see Telecom Italia S.p.A (TQIR) cash conversion ratio.
Annual Capital Reinvestment Ratio for Telecom Italia S.p.A (2013–2025)
Year-by-year Capital Reinvestment Ratio for Telecom Italia S.p.A from 2013 to 2025. See cash generation quality of Telecom Italia S.p.A to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.99x | €2.54 Billion | €2.50 Billion | ▲ +13.8% |
| 2024 | 0.87x | €3.18 Billion | €2.75 Billion | ▲ +6.8% |
| 2023 | 0.81x | €3.49 Billion | €2.83 Billion | ▼ -37.1% |
| 2022 | 1.29x | €4.89 Billion | €6.30 Billion | ▲ +39.2% |
| 2021 | 0.93x | €4.34 Billion | €4.01 Billion | ▲ +74.4% |
| 2020 | 0.53x | €6.55 Billion | €3.48 Billion | ▼ -13.5% |
| 2019 | 0.61x | €5.95 Billion | €3.65 Billion | ▼ -37.8% |
| 2018 | 0.99x | €4.59 Billion | €4.53 Billion | ▲ +76.3% |
| 2017 | 0.56x | €5.40 Billion | €3.02 Billion | ▼ -32.0% |
| 2016 | 0.82x | €5.66 Billion | €4.66 Billion | ▲ +19.9% |
| 2015 | 0.69x | €5.05 Billion | €3.47 Billion | ▲ +44.2% |
| 2014 | 0.48x | €4.70 Billion | €2.24 Billion | ▼ -25.5% |
| 2013 | 0.64x | €6.87 Billion | €4.39 Billion | — |