Diageo PLC (DGE) — 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). Check Diageo 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
Diageo PLC Capital Reinvestment Ratio (1996–2025)
This chart tracks Diageo PLC's Capital Reinvestment Ratio across 30 annual periods. For the full cash flow conversion analysis, see Diageo PLC cash conversion from operations.
Annual Capital Reinvestment Ratio for Diageo PLC (1996–2025)
Year-by-year Capital Reinvestment Ratio for Diageo PLC from 1996 to 2025. See DGE cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.38x | 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 | — |