Next PLC (NXT) — Capital Reinvestment Ratio
Latest as of January 2026:
0.10x
Next PLC (NXT) has a Capital Reinvestment Ratio of 0.10x as of January 2026, meaning it reinvests 0% of its operating cash flow (GBX735.20 Million) in capital expenditures (GBX72.90 Million). Check how tangible is Next PLC's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
0.10x
Capex / Operating Cash Flow
Operating Cash Flow
GBX735.20 Million
GBX
Capital Expenditures
GBX72.90 Million
GBX
Data as of
Jan 2026
Most recent filing
Next PLC Capital Reinvestment Ratio (1992–2026)
This chart tracks Next PLC's Capital Reinvestment Ratio across 35 annual periods. For the full cash flow conversion analysis, see NXT cash flow conversion.
Annual Capital Reinvestment Ratio for Next PLC (1992–2026)
Year-by-year Capital Reinvestment Ratio for Next PLC from 1992 to 2026. See NXT free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.12x | GBX1.14 Billion | GBX135.40 Million | ▼ -14.5% |
| 2025 | 0.14x | GBX1.13 Billion | GBX157.50 Million | ▼ -17.3% |
| 2024 | 0.17x | GBX1.12 Billion | GBX188.20 Million | ▼ -45.5% |
| 2023 | 0.31x | GBX798.80 Million | GBX246.10 Million | ▲ +12.4% |
| 2022 | 0.27x | GBX971.40 Million | GBX266.30 Million | ▲ +40.2% |
| 2021 | 0.20x | GBX824.80 Million | GBX161.30 Million | ▲ +32.9% |
| 2020 | 0.15x | GBX927.20 Million | GBX136.40 Million | ▲ +3.7% |
| 2019 | 0.14x | GBX868.80 Million | GBX123.20 Million | ▼ -22.7% |
| 2018 | 0.18x | GBX615.20 Million | GBX112.80 Million | ▼ -18.3% |
| 2017 | 0.22x | GBX699.50 Million | GBX157.00 Million | ▼ -7.4% |
| 2016 | 0.24x | GBX608.30 Million | GBX147.50 Million | ▲ +58.8% |
| 2015 | 0.15x | GBX743.20 Million | GBX113.50 Million | ▼ -8.8% |
| 2014 | 0.17x | GBX614.80 Million | GBX102.90 Million | ▲ +19.4% |
| 2013 | 0.14x | GBX659.00 Million | GBX92.40 Million | ▼ -44.2% |
| 2012 | 0.25x | GBX502.00 Million | GBX126.10 Million | ▼ -25.1% |
| 2011 | 0.34x | GBX430.40 Million | GBX144.30 Million | ▲ +83.4% |
| 2010 | 0.18x | GBX539.40 Million | GBX98.60 Million | ▼ -39.6% |
| 2009 | 0.30x | GBX398.70 Million | GBX120.60 Million | ▼ -19.5% |
| 2008 | 0.38x | GBX477.40 Million | GBX179.30 Million | ▲ +26.8% |
| 2007 | 0.30x | GBX472.20 Million | GBX139.90 Million | ▼ -37.0% |
| 2006 | 0.47x | GBX376.80 Million | GBX177.20 Million | ▲ +20.7% |
| 2005 | 0.39x | GBX369.50 Million | GBX144.00 Million | ▼ -17.7% |
| 2004 | 0.47x | GBX210.80 Million | GBX99.80 Million | ▼ -25.8% |
| 2003 | 0.64x | GBX135.20 Million | GBX86.30 Million | ▲ +101.5% |
| 2002 | 0.32x | GBX229.80 Million | GBX72.80 Million | ▼ -25.2% |
| 2001 | 0.42x | GBX145.50 Million | GBX61.60 Million | ▼ -15.3% |
| 2000 | 0.50x | GBX134.70 Million | GBX67.30 Million | ▼ -73.3% |
| 1999 | 1.87x | GBX63.50 Million | GBX118.90 Million | ▲ +19.4% |
| 1998 | 1.57x | GBX48.20 Million | GBX75.60 Million | ▲ +47.7% |
| 1997 | 1.06x | GBX35.50 Million | GBX37.70 Million | ▲ +40.0% |
| 1996 | 0.76x | GBX53.00 Million | GBX40.20 Million | ▲ +102.3% |
| 1995 | 0.37x | GBX89.10 Million | GBX33.40 Million | ▲ +103.9% |
| 1994 | 0.18x | GBX107.70 Million | GBX19.80 Million | ▲ +123.1% |
| 1993 | 0.08x | GBX108.00 Million | GBX8.90 Million | ▲ +231.9% |
| 1992 | 0.02x | GBX201.40 Million | GBX5.00 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow