Smiths Group PLC (SMIN) — 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 (SMIN) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Smiths Group PLC Capital Reinvestment Ratio (1991–2025)
This chart tracks Smiths Group PLC's Capital Reinvestment Ratio across 35 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Smiths Group PLC.
Annual Capital Reinvestment Ratio for Smiths Group PLC (1991–2025)
Year-by-year Capital Reinvestment Ratio for Smiths Group PLC from 1991 to 2025. See Smiths Group PLC free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.16x | 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 | — |