UPM-Kymmene Oyj (UPM) — Capital Reinvestment Ratio
UPM-Kymmene Oyj (UPM) has a Capital Reinvestment Ratio of 0.75x as of June 2025, meaning it reinvests 1% of its operating cash flow (€179.00 Million) in capital expenditures (€134.00 Million). Check UPM intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
UPM-Kymmene Oyj Capital Reinvestment Ratio (1998–2024)
This chart tracks UPM-Kymmene Oyj's Capital Reinvestment Ratio across 27 annual periods. For the full cash flow conversion analysis, see UPM-Kymmene Oyj cash flow conversion.
Annual Capital Reinvestment Ratio for UPM-Kymmene Oyj (1998–2024)
Year-by-year Capital Reinvestment Ratio for UPM-Kymmene Oyj from 1998 to 2024. See UPM 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 |
|---|---|---|---|---|
| 2024 | 0.44x | €1.35 Billion | €596.00 Million | ▼ -7.4% |
| 2023 | 0.48x | €2.27 Billion | €1.08 Billion | ▼ -83.6% |
| 2022 | 2.91x | €508.00 Million | €1.48 Billion | ▲ +138.9% |
| 2021 | 1.22x | €1.25 Billion | €1.52 Billion | ▲ +39.8% |
| 2020 | 0.87x | €1.00 Billion | €875.00 Million | ▲ +299.0% |
| 2019 | 0.22x | €1.85 Billion | €403.00 Million | ▲ +0.2% |
| 2018 | 0.22x | €1.39 Billion | €303.00 Million | ▲ +11.3% |
| 2017 | 0.20x | €1.56 Billion | €305.00 Million | ▼ -6.0% |
| 2016 | 0.21x | €1.69 Billion | €351.00 Million | ▼ -42.9% |
| 2015 | 0.36x | €1.19 Billion | €432.00 Million | ▲ +19.7% |
| 2014 | 0.30x | €1.24 Billion | €378.00 Million | ▼ -33.6% |
| 2013 | 0.46x | €735.00 Million | €337.00 Million | ▲ +24.3% |
| 2012 | 0.37x | €1.01 Billion | €374.00 Million | ▲ +34.3% |
| 2011 | 0.27x | €1.04 Billion | €286.00 Million | ▲ +11.9% |
| 2010 | 0.25x | €982.00 Million | €241.00 Million | ▲ +30.9% |
| 2009 | 0.19x | €1.26 Billion | €236.00 Million | ▼ -78.9% |
| 2008 | 0.89x | €628.00 Million | €558.00 Million | ▲ +14.5% |
| 2007 | 0.78x | €867.00 Million | €673.00 Million | ▲ +48.5% |
| 2006 | 0.52x | €1.21 Billion | €634.94 Million | ▼ -35.4% |
| 2005 | 0.81x | €852.75 Million | €689.80 Million | ▲ +28.1% |
| 2004 | 0.63x | €996.61 Million | €629.24 Million | ▲ +41.5% |
| 2003 | 0.45x | €1.26 Billion | €562.97 Million | ▲ +11.6% |
| 2002 | 0.40x | €1.43 Billion | €571.78 Million | ▼ -22.6% |
| 2001 | 0.52x | €1.65 Billion | €850.80 Million | ▲ +43.2% |
| 2000 | 0.36x | €1.64 Billion | €590.93 Million | ▼ -19.8% |
| 1999 | 0.45x | €1.20 Billion | €540.62 Million | ▼ -24.9% |
| 1998 | 0.60x | €951.40 Million | €569.92 Million | — |