Smiths Group PLC Capital Reinvestment Ratio
Smiths Group PLC capital reinvestment ratio. Smiths Group PLC (SMIN) has a Capital Reinvestment Ratio of 0.24x as of January 2026, meaning it reinvests 0% of its operating cash flow (GBX123.00 Million) in capital expenditures (GBX29.00 Million). Check Smiths Group PLC cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Smiths Group PLC (1991–2025)
Capital reinvestment ratio of Smiths Group PLC from 1991 to 2025. This chart tracks Smiths Group PLC's Capital Reinvestment Ratio across 35 annual periods. Also explore SMIN shareholders equity momentum to track the company's year-over-year net asset growth rate.
Smiths Group PLC Capital Reinvestment Ratio by Year (1991–2025)
Smiths Group PLC capital reinvestment ratio by year from 1991 to 2025. For the full cash flow conversion analysis, see Smiths Group PLC cash conversion from operations.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.16x | GBX456.00 Million | GBX72.00 Million | ▼ -23.3% |
| 2024 | 0.21x | GBX418.00 Million | GBX86.00 Million | ▼ -25.6% |
| 2023 | 0.28x | GBX293.00 Million | GBX81.00 Million | ▼ -12.4% |
| 2022 | 0.32x | GBX279.00 Million | GBX88.00 Million | ▲ +44.2% |
| 2021 | 0.22x | GBX535.00 Million | GBX117.00 Million | ▼ -14.7% |
| 2020 | 0.26x | GBX429.00 Million | GBX110.00 Million | ▼ -24.8% |
| 2019 | 0.34x | GBX346.00 Million | GBX118.00 Million | ▲ +30.3% |
| 2018 | 0.26x | GBX405.00 Million | GBX106.00 Million | ▲ +17.2% |
| 2017 | 0.22x | GBX479.00 Million | GBX107.00 Million | ▼ -26.0% |
| 2016 | 0.30x | GBX358.00 Million | GBX108.00 Million | ▼ -15.5% |
| 2015 | 0.36x | GBX266.00 Million | GBX95.00 Million | ▼ -2.7% |
| 2014 | 0.37x | GBX256.20 Million | GBX94.00 Million | ▲ +35.1% |
| 2013 | 0.27x | GBX353.40 Million | GBX96.00 Million | ▼ -1.3% |
| 2012 | 0.28x | GBX331.50 Million | GBX91.20 Million | ▼ -1.8% |
| 2011 | 0.28x | GBX321.70 Million | GBX90.10 Million | ▲ +45.7% |
| 2010 | 0.19x | GBX410.50 Million | GBX78.90 Million | ▼ -34.4% |
| 2009 | 0.29x | GBX332.10 Million | GBX97.30 Million | ▼ -42.0% |
| 2008 | 0.51x | GBX198.10 Million | GBX100.10 Million | ▼ -47.2% |
| 2007 | 0.96x | GBX246.00 Million | GBX235.30 Million | ▲ +56.2% |
| 2006 | 0.61x | GBX389.10 Million | GBX238.30 Million | ▲ +7.7% |
| 2005 | 0.57x | GBX319.30 Million | GBX181.60 Million | ▲ +15.9% |
| 2004 | 0.49x | GBX163.30 Million | GBX80.10 Million | ▲ +11.6% |
| 2003 | 0.44x | GBX214.30 Million | GBX94.20 Million | ▲ +10.6% |
| 2002 | 0.40x | GBX275.40 Million | GBX109.50 Million | ▼ -70.5% |
| 2001 | 1.35x | GBX167.80 Million | GBX226.40 Million | ▲ +251.4% |
| 2000 | 0.38x | GBX132.30 Million | GBX50.80 Million | ▼ -2.6% |
| 1999 | 0.39x | GBX127.90 Million | GBX50.40 Million | ▲ +9.0% |
| 1998 | 0.36x | GBX116.50 Million | GBX42.10 Million | ▼ -32.0% |
| 1997 | 0.53x | GBX91.40 Million | GBX48.60 Million | ▲ +30.9% |
| 1996 | 0.41x | GBX100.20 Million | GBX40.70 Million | ▲ +2.2% |
| 1995 | 0.40x | GBX90.60 Million | GBX36.00 Million | ▲ +31.4% |
| 1994 | 0.30x | GBX92.90 Million | GBX28.10 Million | ▼ -15.3% |
| 1993 | 0.36x | GBX88.80 Million | GBX31.70 Million | ▼ -15.2% |
| 1992 | 0.42x | GBX63.40 Million | GBX26.70 Million | ▼ -48.2% |
| 1991 | 0.81x | GBX31.60 Million | GBX25.70 Million | — |