BT Group Plc (BT-A) — Capital Reinvestment Ratio
BT Group Plc (BT-A) has a Capital Reinvestment Ratio of 0.69x as of March 2026, meaning it reinvests 1% of its operating cash flow (GBX3.73 Billion) in capital expenditures (GBX2.58 Billion). Check BT Group Plc tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
BT Group Plc Capital Reinvestment Ratio (1991–2026)
This chart tracks BT Group Plc's Capital Reinvestment Ratio across 36 annual periods. For the full cash flow conversion analysis, see BT Group Plc (BT-A) cash conversion ratio.
Annual Capital Reinvestment Ratio for BT Group Plc (1991–2026)
Year-by-year Capital Reinvestment Ratio for BT Group Plc from 1991 to 2026. See BT-A free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.74x | GBX7.03 Billion | GBX5.17 Billion | ▲ +4.1% |
| 2025 | 0.71x | GBX6.99 Billion | GBX4.94 Billion | ▼ -15.4% |
| 2024 | 0.83x | GBX5.95 Billion | GBX4.97 Billion | ▲ +5.8% |
| 2023 | 0.79x | GBX6.72 Billion | GBX5.31 Billion | ▲ +1.2% |
| 2022 | 0.78x | GBX5.91 Billion | GBX4.61 Billion | ▼ -5.2% |
| 2021 | 0.82x | GBX5.96 Billion | GBX4.90 Billion | ▲ +25.6% |
| 2020 | 0.65x | GBX6.27 Billion | GBX4.11 Billion | ▼ -24.3% |
| 2019 | 0.86x | GBX4.26 Billion | GBX3.68 Billion | ▼ -24.3% |
| 2018 | 1.14x | GBX746.00 Million | GBX852.00 Million | ▲ +124.2% |
| 2017 | 0.51x | GBX6.17 Billion | GBX3.15 Billion | ▲ +7.0% |
| 2016 | 0.48x | GBX5.18 Billion | GBX2.47 Billion | ▼ -5.6% |
| 2015 | 0.50x | GBX4.80 Billion | GBX2.42 Billion | ▲ +2.6% |
| 2014 | 0.49x | GBX4.80 Billion | GBX2.36 Billion | ▼ -3.1% |
| 2013 | 0.51x | GBX5.29 Billion | GBX2.68 Billion | ▼ -43.7% |
| 2012 | 0.90x | GBX2.86 Billion | GBX2.58 Billion | ▲ +22.2% |
| 2011 | 0.74x | GBX3.59 Billion | GBX2.65 Billion | ▲ +13.4% |
| 2010 | 0.65x | GBX3.86 Billion | GBX2.51 Billion | ▼ -19.8% |
| 2009 | 0.81x | GBX3.80 Billion | GBX3.08 Billion | ▲ +14.1% |
| 2008 | 0.71x | GBX4.67 Billion | GBX3.31 Billion | ▼ -5.8% |
| 2007 | 0.75x | GBX4.38 Billion | GBX3.31 Billion | ▲ +12.8% |
| 2006 | 0.67x | GBX4.30 Billion | GBX2.87 Billion | ▼ -2.1% |
| 2005 | 0.68x | GBX4.31 Billion | GBX2.94 Billion | ▲ +15.5% |
| 2004 | 0.59x | GBX4.54 Billion | GBX2.68 Billion | ▼ -14.7% |
| 2003 | 0.69x | GBX3.72 Billion | GBX2.58 Billion | ▼ -48.9% |
| 2002 | 1.36x | GBX3.00 Billion | GBX4.07 Billion | ▼ -31.9% |
| 2001 | 1.99x | GBX4.50 Billion | GBX8.97 Billion | ▲ +68.3% |
| 2000 | 1.18x | GBX3.02 Billion | GBX3.57 Billion | ▲ +43.0% |
| 1999 | 0.83x | GBX3.89 Billion | GBX3.22 Billion | ▼ -84.7% |
| 1998 | 5.42x | GBX557.00 Million | GBX3.02 Billion | ▲ +612.5% |
| 1997 | 0.76x | GBX3.71 Billion | GBX2.82 Billion | ▲ +12.4% |
| 1996 | 0.68x | GBX3.76 Billion | GBX2.55 Billion | ▼ -35.0% |
| 1995 | 1.04x | GBX2.53 Billion | GBX2.64 Billion | ▲ +50.0% |
| 1994 | 0.69x | GBX3.11 Billion | GBX2.16 Billion | ▼ -6.0% |
| 1993 | 0.74x | GBX2.91 Billion | GBX2.15 Billion | ▲ +3.8% |
| 1992 | 0.71x | GBX3.60 Billion | GBX2.56 Billion | ▼ -15.9% |
| 1991 | 0.85x | GBX3.40 Billion | GBX2.88 Billion | — |