Vodacom Group Ltd (VOD) — Capital Reinvestment Ratio
Vodacom Group Ltd (VOD) has a Capital Reinvestment Ratio of 0.36x as of March 2026, meaning it reinvests 0% of its operating cash flow (ZAC34.43 Billion) in capital expenditures (ZAC12.23 Billion). Check VOD tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Vodacom Group Ltd Capital Reinvestment Ratio (2004–2026)
This chart tracks Vodacom Group Ltd's Capital Reinvestment Ratio across 23 annual periods. For the full cash flow conversion analysis, see Vodacom Group Ltd (VOD) cash flow conversion.
Annual Capital Reinvestment Ratio for Vodacom Group Ltd (2004–2026)
Year-by-year Capital Reinvestment Ratio for Vodacom Group Ltd from 2004 to 2026. See VOD FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (ZAC) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.43x | ZAC53.51 Billion | ZAC23.25 Billion | ▼ -7.1% |
| 2025 | 0.47x | ZAC52.80 Billion | ZAC24.69 Billion | ▲ +2.7% |
| 2024 | 0.46x | ZAC49.01 Billion | ZAC22.32 Billion | ▼ -7.5% |
| 2023 | 0.49x | ZAC40.95 Billion | ZAC20.18 Billion | ▲ +21.1% |
| 2022 | 0.41x | ZAC34.03 Billion | ZAC13.84 Billion | ▲ +1.0% |
| 2021 | 0.40x | ZAC33.36 Billion | ZAC13.44 Billion | ▼ -4.7% |
| 2020 | 0.42x | ZAC32.83 Billion | ZAC13.89 Billion | ▼ -13.1% |
| 2019 | 0.49x | ZAC28.04 Billion | ZAC13.65 Billion | ▲ +17.4% |
| 2018 | 0.41x | ZAC26.11 Billion | ZAC10.82 Billion | ▼ -8.7% |
| 2017 | 0.45x | ZAC25.74 Billion | ZAC11.69 Billion | ▼ -18.5% |
| 2016 | 0.56x | ZAC24.34 Billion | ZAC13.56 Billion | ▼ -3.7% |
| 2015 | 0.58x | ZAC21.22 Billion | ZAC12.28 Billion | ▲ +38.3% |
| 2014 | 0.42x | ZAC23.60 Billion | ZAC9.88 Billion | ▲ +7.4% |
| 2013 | 0.39x | ZAC20.00 Billion | ZAC7.79 Billion | ▼ -0.6% |
| 2012 | 0.39x | ZAC19.31 Billion | ZAC7.57 Billion | ▼ -3.2% |
| 2011 | 0.40x | ZAC16.40 Billion | ZAC6.64 Billion | ▼ -4.0% |
| 2010 | 0.42x | ZAC14.95 Billion | ZAC6.31 Billion | ▼ -75.7% |
| 2009 | 1.73x | ZAC4.18 Billion | ZAC7.25 Billion | ▲ +35.9% |
| 2008 | 1.28x | ZAC5.13 Billion | ZAC6.54 Billion | ▲ +4.1% |
| 2007 | 1.23x | ZAC4.86 Billion | ZAC5.96 Billion | ▲ +15.2% |
| 2006 | 1.06x | ZAC4.50 Billion | ZAC4.79 Billion | ▲ +35.7% |
| 2005 | 0.78x | ZAC4.15 Billion | ZAC3.25 Billion | ▲ +27.9% |
| 2004 | 0.61x | ZAC4.79 Billion | ZAC2.93 Billion | — |