MTN Group Ltd (MTN) — Capital Reinvestment Ratio
Latest as of December 2025:
0.30x
MTN Group Ltd (MTN) has a Capital Reinvestment Ratio of 0.30x as of December 2025, meaning it reinvests 0% of its operating cash flow (ZAC43.23 Billion) in capital expenditures (ZAC12.87 Billion). See MTN free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.30x
Capex / Operating Cash Flow
Operating Cash Flow
ZAC43.23 Billion
ZAC
Capital Expenditures
ZAC12.87 Billion
ZAC
Data as of
Dec 2025
Most recent filing
MTN Group Ltd Capital Reinvestment Ratio (2001–2025)
This chart tracks MTN Group Ltd's Capital Reinvestment Ratio across 24 annual periods.
Annual Capital Reinvestment Ratio for MTN Group Ltd (2001–2025)
Year-by-year Capital Reinvestment Ratio for MTN Group Ltd from 2001 to 2025. For live market cap and broader valuation context, see MTN company net worth.
| Year | Reinvestment Ratio | Operating CF (ZAC) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.42x | ZAC77.94 Billion | ZAC32.87 Billion | ▼ -37.7% |
| 2024 | 0.68x | ZAC46.82 Billion | ZAC31.68 Billion | ▼ -7.4% |
| 2023 | 0.73x | ZAC64.06 Billion | ZAC46.80 Billion | ▲ +8.6% |
| 2022 | 0.67x | ZAC68.12 Billion | ZAC45.81 Billion | ▲ +28.5% |
| 2021 | 0.52x | ZAC67.29 Billion | ZAC35.23 Billion | ▲ +1.5% |
| 2020 | 0.52x | ZAC58.51 Billion | ZAC30.18 Billion | ▼ -30.8% |
| 2019 | 0.75x | ZAC36.29 Billion | ZAC27.04 Billion | ▼ -14.4% |
| 2018 | 0.87x | ZAC32.39 Billion | ZAC28.20 Billion | ▼ -22.6% |
| 2017 | 1.13x | ZAC23.69 Billion | ZAC26.66 Billion | ▼ -33.9% |
| 2016 | 1.70x | ZAC20.72 Billion | ZAC35.25 Billion | ▼ -30.3% |
| 2015 | 2.44x | ZAC13.12 Billion | ZAC32.02 Billion | ▲ +189.9% |
| 2014 | 0.84x | ZAC27.13 Billion | ZAC22.84 Billion | ▼ -7.4% |
| 2013 | 0.91x | ZAC27.02 Billion | ZAC24.57 Billion | ▼ -11.7% |
| 2012 | 1.03x | ZAC25.08 Billion | ZAC25.82 Billion | ▲ +84.1% |
| 2011 | 0.56x | ZAC27.87 Billion | ZAC15.59 Billion | ▲ +17.2% |
| 2010 | 0.48x | ZAC34.73 Billion | ZAC16.58 Billion | ▼ -41.7% |
| 2009 | 0.82x | ZAC36.28 Billion | ZAC29.70 Billion | ▼ -1.2% |
| 2008 | 0.83x | ZAC34.24 Billion | ZAC28.37 Billion | ▲ +31.2% |
| 2007 | 0.63x | ZAC25.85 Billion | ZAC16.33 Billion | ▲ +13.7% |
| 2006 | 0.56x | ZAC17.62 Billion | ZAC9.80 Billion | ▼ -20.9% |
| 2005 | 0.70x | ZAC9.16 Billion | ZAC6.44 Billion | ▲ +19.7% |
| 2003 | 0.59x | ZAC8.60 Billion | ZAC5.05 Billion | ▼ -20.5% |
| 2002 | 0.74x | ZAC5.33 Billion | ZAC3.94 Billion | ▼ -33.4% |
| 2001 | 1.11x | ZAC3.11 Billion | ZAC3.45 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow