Diageo PLC Capital Reinvestment Ratio
Diageo PLC capital reinvestment ratio. Diageo PLC (DGE) has a Capital Reinvestment Ratio of 0.91x as of June 2025, meaning it reinvests 1% of its operating cash flow (GBX1.08 Billion) in capital expenditures (GBX980.00 Million). See how much free cash does Diageo PLC generate 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 Diageo PLC (1996–2025)
Capital reinvestment ratio of Diageo PLC from 1996 to 2025. This chart tracks Diageo PLC's Capital Reinvestment Ratio across 30 annual periods. See DGE financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Diageo PLC Capital Reinvestment Ratio by Year (1996–2025)
Diageo PLC capital reinvestment ratio by year from 1996 to 2025. For the full cash flow conversion analysis, see Diageo PLC operating cash flow efficiency.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.38x | GBX4.30 Billion | GBX1.61 Billion | ▲ +50.7% |
| 2024 | 0.25x | GBX6.07 Billion | GBX1.51 Billion | ▼ -36.2% |
| 2023 | 0.39x | GBX3.02 Billion | GBX1.18 Billion | ▲ +40.0% |
| 2022 | 0.28x | GBX3.94 Billion | GBX1.10 Billion | ▲ +62.7% |
| 2021 | 0.17x | GBX3.65 Billion | GBX626.00 Million | ▼ -43.2% |
| 2020 | 0.30x | GBX2.32 Billion | GBX700.00 Million | ▲ +46.1% |
| 2019 | 0.21x | GBX3.25 Billion | GBX671.00 Million | ▲ +9.1% |
| 2018 | 0.19x | GBX3.08 Billion | GBX584.00 Million | ▲ +14.5% |
| 2017 | 0.17x | GBX3.13 Billion | GBX518.00 Million | ▼ -16.7% |
| 2016 | 0.20x | GBX2.55 Billion | GBX506.00 Million | ▼ -20.6% |
| 2015 | 0.25x | GBX2.55 Billion | GBX638.00 Million | ▼ -30.3% |
| 2014 | 0.36x | GBX1.79 Billion | GBX642.00 Million | ▲ +14.2% |
| 2013 | 0.31x | GBX2.05 Billion | GBX643.00 Million | ▲ +35.8% |
| 2012 | 0.23x | GBX2.09 Billion | GBX484.00 Million | ▲ +15.4% |
| 2011 | 0.20x | GBX2.09 Billion | GBX419.00 Million | ▲ +23.1% |
| 2010 | 0.16x | GBX2.30 Billion | GBX374.00 Million | ▼ -24.2% |
| 2009 | 0.21x | GBX1.65 Billion | GBX355.00 Million | ▲ +1.4% |
| 2008 | 0.21x | GBX1.55 Billion | GBX328.00 Million | ▲ +25.6% |
| 2007 | 0.17x | GBX1.62 Billion | GBX274.00 Million | ▲ +3.1% |
| 2006 | 0.16x | GBX1.57 Billion | GBX257.00 Million | ▼ -9.4% |
| 2005 | 0.18x | GBX1.63 Billion | GBX294.00 Million | ▼ -3.6% |
| 2004 | 0.19x | GBX1.75 Billion | GBX327.00 Million | ▼ -23.0% |
| 2003 | 0.24x | GBX1.57 Billion | GBX382.00 Million | ▼ -42.5% |
| 2002 | 0.42x | GBX1.38 Billion | GBX585.00 Million | ▼ -8.9% |
| 2001 | 0.46x | GBX945.00 Million | GBX439.00 Million | ▼ -40.0% |
| 2000 | 0.77x | GBX707.00 Million | GBX547.00 Million | ▼ -53.1% |
| 1999 | 1.65x | GBX324.00 Million | GBX534.00 Million | ▲ +116.5% |
| 1998 | 0.76x | GBX833.00 Million | GBX634.00 Million | ▲ +15.7% |
| 1997 | 0.66x | GBX690.00 Million | GBX454.00 Million | ▲ +0.0% |
| 1996 | 0.66x | GBX690.00 Million | GBX454.00 Million | — |