MTN Group Ltd Capital Reinvestment Ratio
MTN Group Ltd capital reinvestment ratio. 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 Group Ltd free cash flow generation 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 MTN Group Ltd (2001–2025)
Capital reinvestment ratio of MTN Group Ltd from 2001 to 2025. This chart tracks MTN Group Ltd's Capital Reinvestment Ratio across 24 annual periods. See MTN Group Ltd leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
MTN Group Ltd Capital Reinvestment Ratio by Year (2001–2025)
MTN Group Ltd capital reinvestment ratio by year from 2001 to 2025. For the full cash flow conversion analysis, see MTN Group Ltd (MTN) cash conversion ratio.
| 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 | — |