Associated British Foods PLC (ABF) — Capital Reinvestment Ratio
Associated British Foods PLC (ABF) has a Capital Reinvestment Ratio of 0.60x as of February 2026, meaning it reinvests 1% of its operating cash flow (GBX779.00 Million) in capital expenditures (GBX464.00 Million). Check Associated British Foods PLC tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Associated British Foods PLC Capital Reinvestment Ratio (1991–2025)
This chart tracks Associated British Foods PLC's Capital Reinvestment Ratio across 35 annual periods. For the full cash flow conversion analysis, see Associated British Foods PLC cash flow conversion.
Annual Capital Reinvestment Ratio for Associated British Foods PLC (1991–2025)
Year-by-year Capital Reinvestment Ratio for Associated British Foods PLC from 1991 to 2025. See Associated British Foods PLC free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.49x | GBX2.25 Billion | GBX1.10 Billion | ▲ +25.2% |
| 2024 | 0.39x | GBX2.87 Billion | GBX1.12 Billion | ▼ -39.7% |
| 2023 | 0.65x | GBX1.65 Billion | GBX1.07 Billion | ▼ -2.7% |
| 2022 | 0.67x | GBX1.15 Billion | GBX769.00 Million | ▲ +50.3% |
| 2021 | 0.44x | GBX1.41 Billion | GBX627.00 Million | ▲ +25.1% |
| 2020 | 0.35x | GBX1.75 Billion | GBX622.00 Million | ▼ -21.3% |
| 2019 | 0.45x | GBX1.51 Billion | GBX680.00 Million | ▼ -18.1% |
| 2018 | 0.55x | GBX1.43 Billion | GBX787.00 Million | ▲ +9.7% |
| 2017 | 0.50x | GBX1.64 Billion | GBX823.00 Million | ▼ -15.1% |
| 2016 | 0.59x | GBX1.31 Billion | GBX774.00 Million | ▲ +17.3% |
| 2015 | 0.50x | GBX1.18 Billion | GBX592.00 Million | ▲ +7.3% |
| 2014 | 0.47x | GBX1.44 Billion | GBX676.00 Million | ▲ +0.9% |
| 2013 | 0.47x | GBX1.28 Billion | GBX594.00 Million | ▼ -19.0% |
| 2012 | 0.58x | GBX1.24 Billion | GBX713.00 Million | ▼ -56.6% |
| 2011 | 1.32x | GBX637.00 Million | GBX844.00 Million | ▲ +98.6% |
| 2010 | 0.67x | GBX1.09 Billion | GBX726.00 Million | ▼ -14.3% |
| 2009 | 0.78x | GBX744.00 Million | GBX579.00 Million | ▼ -34.9% |
| 2008 | 1.20x | GBX481.00 Million | GBX575.00 Million | ▲ +79.5% |
| 2007 | 0.67x | GBX641.00 Million | GBX427.00 Million | ▼ -43.7% |
| 2006 | 1.18x | GBX376.00 Million | GBX445.00 Million | ▲ +43.9% |
| 2005 | 0.82x | GBX490.00 Million | GBX403.00 Million | ▲ +55.3% |
| 2004 | 0.53x | GBX421.00 Million | GBX223.00 Million | ▲ +22.7% |
| 2003 | 0.43x | GBX417.00 Million | GBX180.00 Million | ▼ -13.9% |
| 2002 | 0.50x | GBX371.00 Million | GBX186.00 Million | ▼ -41.4% |
| 2001 | 0.85x | GBX248.00 Million | GBX212.00 Million | ▲ +31.5% |
| 2000 | 0.65x | GBX280.00 Million | GBX182.00 Million | ▼ -20.3% |
| 1998 | 0.82x | GBX277.00 Million | GBX226.00 Million | ▼ -4.3% |
| 1997 | 0.85x | GBX298.00 Million | GBX254.00 Million | ▲ +61.4% |
| 1996 | 0.53x | GBX426.00 Million | GBX225.00 Million | ▼ -24.2% |
| 1995 | 0.70x | GBX284.00 Million | GBX198.00 Million | ▲ +6.8% |
| 1994 | 0.65x | GBX288.00 Million | GBX188.00 Million | ▼ -7.0% |
| 1993 | 0.70x | GBX272.00 Million | GBX191.00 Million | ▼ -7.2% |
| 1992 | 0.76x | GBX267.00 Million | GBX202.00 Million | ▲ +22.2% |
| 1991 | 0.62x | GBX412.00 Million | GBX255.00 Million | ▲ +0.0% |
| 1991 | 0.62x | GBX412.00 Million | GBX255.00 Million | — |