Fortum Oyj Capital Reinvestment Ratio
Fortum Oyj 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). See how much free cash does Fortum Oyj generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Fortum Oyj (1998–2025)
Capital reinvestment ratio of Fortum Oyj from 1998 to 2025. This chart tracks Fortum Oyj's Capital Reinvestment Ratio across 27 annual periods. See Fortum Oyj leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
Fortum Oyj Capital Reinvestment Ratio by Year (1998–2025)
Fortum Oyj capital reinvestment ratio by year from 1998 to 2025. For the full cash flow conversion analysis, see FORTUM cash generation efficiency.
| 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 | — |