Marks and Spencer Group PLC Capital Reinvestment Ratio
Marks and Spencer Group PLC capital reinvestment ratio. Marks and Spencer Group PLC (MKS) has a Capital Reinvestment Ratio of 0.44x as of March 2026, meaning it reinvests 0% of its operating cash flow (GBX932.90 Million) in capital expenditures (GBX409.00 Million). See MKS FCF generation index 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 Marks and Spencer Group PLC (1991–2026)
Capital reinvestment ratio of Marks and Spencer Group PLC from 1991 to 2026. This chart tracks Marks and Spencer Group PLC's Capital Reinvestment Ratio across 35 annual periods. See financial flexibility index of Marks and Spencer Group PLC to measure the company's free cash flow as a share of total liabilities.
Marks and Spencer Group PLC Capital Reinvestment Ratio by Year (1991–2026)
Marks and Spencer Group PLC capital reinvestment ratio by year from 1991 to 2026. For the full cash flow conversion analysis, see MKS cash generation efficiency.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.56x | GBX1.03 Billion | GBX574.80 Million | ▲ +44.8% |
| 2025 | 0.39x | GBX1.31 Billion | GBX506.90 Million | ▲ +17.1% |
| 2024 | 0.33x | GBX1.30 Billion | GBX429.30 Million | ▼ -17.2% |
| 2023 | 0.40x | GBX1.03 Billion | GBX410.30 Million | ▲ +113.3% |
| 2022 | 0.19x | GBX1.38 Billion | GBX257.40 Million | ▼ -21.3% |
| 2021 | 0.24x | GBX870.90 Million | GBX206.70 Million | ▼ -29.7% |
| 2020 | 0.34x | GBX973.10 Million | GBX328.60 Million | ▲ +0.9% |
| 2019 | 0.33x | GBX935.30 Million | GBX312.90 Million | ▼ -18.6% |
| 2018 | 0.41x | GBX849.80 Million | GBX349.20 Million | ▲ +7.0% |
| 2017 | 0.38x | GBX1.07 Billion | GBX410.20 Million | ▼ -15.4% |
| 2016 | 0.45x | GBX1.21 Billion | GBX550.10 Million | ▼ -17.1% |
| 2015 | 0.55x | GBX1.28 Billion | GBX699.80 Million | ▼ -3.6% |
| 2014 | 0.57x | GBX1.13 Billion | GBX641.60 Million | ▼ -21.9% |
| 2013 | 0.73x | GBX1.14 Billion | GBX829.70 Million | ▲ +7.7% |
| 2012 | 0.68x | GBX1.07 Billion | GBX720.70 Million | ▲ +56.8% |
| 2011 | 0.43x | GBX1.05 Billion | GBX453.80 Million | ▲ +6.9% |
| 2010 | 0.40x | GBX1.07 Billion | GBX429.50 Million | ▼ -33.5% |
| 2009 | 0.61x | GBX1.09 Billion | GBX662.40 Million | ▼ -41.7% |
| 2008 | 1.04x | GBX980.90 Million | GBX1.02 Billion | ▲ +67.1% |
| 2007 | 0.62x | GBX1.15 Billion | GBX713.40 Million | ▲ +91.5% |
| 2006 | 0.32x | GBX953.20 Million | GBX309.40 Million | ▲ +76.1% |
| 2005 | 0.18x | GBX1.32 Billion | GBX243.10 Million | ▼ -93.6% |
| 2004 | 2.87x | GBX149.20 Million | GBX428.80 Million | ▲ +509.5% |
| 2003 | 0.47x | GBX688.20 Million | GBX324.50 Million | ▲ +14.6% |
| 2002 | 0.41x | GBX694.40 Million | GBX285.70 Million | ▼ -59.5% |
| 2001 | 1.02x | GBX265.80 Million | GBX269.80 Million | ▼ -77.9% |
| 2000 | 4.59x | GBX97.50 Million | GBX447.50 Million | ▲ +113.7% |
| 1998 | 2.15x | GBX355.70 Million | GBX763.80 Million | ▲ +59.7% |
| 1997 | 1.34x | GBX338.30 Million | GBX455.00 Million | ▲ +16.0% |
| 1996 | 1.16x | GBX286.00 Million | GBX331.60 Million | ▲ +27.5% |
| 1995 | 0.91x | GBX417.10 Million | GBX379.40 Million | ▲ +45.9% |
| 1994 | 0.62x | GBX455.80 Million | GBX284.20 Million | ▼ -7.8% |
| 1993 | 0.68x | GBX376.90 Million | GBX254.90 Million | ▼ -27.8% |
| 1992 | 0.94x | GBX311.50 Million | GBX291.90 Million | ▼ -14.5% |
| 1991 | 1.10x | GBX293.20 Million | GBX321.30 Million | — |