Fortum Oyj (FORTUM) — Capital Reinvestment Ratio
Fortum Oyj (FORTUM) has a Capital Reinvestment Ratio of 2.98x as of December 2025, meaning it reinvests 3% of its operating cash flow (€53.00 Million) in capital expenditures (€158.00 Million). Check how tangible is Fortum Oyj's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Fortum Oyj Capital Reinvestment Ratio (1998–2025)
This chart tracks Fortum Oyj's Capital Reinvestment Ratio across 27 annual periods. For the full cash flow conversion analysis, see how efficiently does Fortum Oyj generate cash.
Annual Capital Reinvestment Ratio for Fortum Oyj (1998–2025)
Year-by-year Capital Reinvestment Ratio for Fortum Oyj from 1998 to 2025. See FORTUM cash flow after capex 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 | 0.59x | €840.00 Million | €499.00 Million | ▲ +75.2% |
| 2024 | 0.34x | €1.39 Billion | €472.00 Million | ▲ +7.1% |
| 2023 | 0.32x | €1.82 Billion | €576.00 Million | ▲ +33.6% |
| 2021 | 0.24x | €4.97 Billion | €1.18 Billion | ▼ -45.0% |
| 2020 | 0.43x | €2.56 Billion | €1.10 Billion | ▲ +24.9% |
| 2019 | 0.34x | €2.02 Billion | €695.00 Million | ▼ -52.1% |
| 2018 | 0.72x | €804.00 Million | €579.00 Million | ▲ +8.8% |
| 2017 | 0.66x | €993.00 Million | €657.00 Million | ▼ -31.4% |
| 2016 | 0.96x | €621.00 Million | €599.00 Million | ▲ +152.8% |
| 2015 | 0.38x | €1.38 Billion | €527.00 Million | ▼ -12.4% |
| 2014 | 0.44x | €1.76 Billion | €768.00 Million | ▼ -37.0% |
| 2013 | 0.69x | €1.84 Billion | €1.27 Billion | ▼ -32.7% |
| 2012 | 1.03x | €1.38 Billion | €1.42 Billion | ▲ +29.2% |
| 2011 | 0.80x | €1.61 Billion | €1.28 Billion | ▲ +1.0% |
| 2010 | 0.79x | €1.44 Billion | €1.13 Billion | ▲ +111.4% |
| 2009 | 0.37x | €2.26 Billion | €845.00 Million | ▼ -26.6% |
| 2008 | 0.51x | €2.00 Billion | €1.02 Billion | ▲ +43.4% |
| 2007 | 0.35x | €1.67 Billion | €592.00 Million | ▼ -15.9% |
| 2006 | 0.42x | €1.15 Billion | €485.00 Million | ▲ +71.0% |
| 2005 | 0.25x | €1.40 Billion | €346.00 Million | ▼ -33.8% |
| 2004 | 0.37x | €1.75 Billion | €651.00 Million | ▲ +6.8% |
| 2003 | 0.35x | €1.58 Billion | €550.00 Million | ▼ -27.4% |
| 2002 | 0.48x | €1.35 Billion | €649.00 Million | ▼ -16.3% |
| 2001 | 0.57x | €1.15 Billion | €657.00 Million | ▼ -66.0% |
| 2000 | 1.69x | €424.00 Million | €716.00 Million | ▲ +14.1% |
| 1999 | 1.48x | €494.00 Million | €731.00 Million | ▲ +93.2% |
| 1998 | 0.77x | €833.00 Million | €638.00 Million | — |