WH Smith PLC (SMWH) — Capital Reinvestment Ratio
Latest as of August 2025:
0.15x
WH Smith PLC (SMWH) has a Capital Reinvestment Ratio of 0.15x as of August 2025, meaning it reinvests 0% of its operating cash flow (GBX190.00 Million) in capital expenditures (GBX29.00 Million). See WH Smith PLC free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.15x
Capex / Operating Cash Flow
Operating Cash Flow
GBX190.00 Million
GBX
Capital Expenditures
GBX29.00 Million
GBX
Data as of
Aug 2025
Most recent filing
WH Smith PLC Capital Reinvestment Ratio (2006–2025)
This chart tracks WH Smith PLC's Capital Reinvestment Ratio across 20 annual periods.
Annual Capital Reinvestment Ratio for WH Smith PLC (2006–2025)
Year-by-year Capital Reinvestment Ratio for WH Smith PLC from 2006 to 2025. For live market cap and broader valuation context, see WH Smith PLC market cap and net worth.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.28x | GBX276.00 Million | GBX77.00 Million | ▼ -41.4% |
| 2024 | 0.48x | GBX275.00 Million | GBX131.00 Million | ▼ -2.0% |
| 2023 | 0.49x | GBX251.00 Million | GBX122.00 Million | ▲ +9.5% |
| 2022 | 0.44x | GBX187.00 Million | GBX83.00 Million | ▲ +0.9% |
| 2021 | 0.44x | GBX100.00 Million | GBX44.00 Million | ▼ -54.9% |
| 2020 | 0.98x | GBX81.00 Million | GBX79.00 Million | ▲ +209.2% |
| 2019 | 0.32x | GBX149.00 Million | GBX47.00 Million | ▲ +4.9% |
| 2018 | 0.30x | GBX143.00 Million | GBX43.00 Million | ▲ +14.1% |
| 2017 | 0.26x | GBX148.00 Million | GBX39.00 Million | ▲ +3.9% |
| 2016 | 0.25x | GBX134.00 Million | GBX34.00 Million | ▲ +7.5% |
| 2015 | 0.24x | GBX144.00 Million | GBX34.00 Million | ▼ -2.2% |
| 2014 | 0.24x | GBX116.00 Million | GBX28.00 Million | ▼ -10.2% |
| 2013 | 0.27x | GBX119.00 Million | GBX32.00 Million | ▼ -28.1% |
| 2012 | 0.37x | GBX115.00 Million | GBX43.00 Million | ▲ +7.6% |
| 2011 | 0.35x | GBX118.00 Million | GBX41.00 Million | ▲ +24.6% |
| 2010 | 0.28x | GBX104.00 Million | GBX29.00 Million | ▲ +11.5% |
| 2009 | 0.25x | GBX112.00 Million | GBX28.00 Million | ▼ -34.0% |
| 2008 | 0.38x | GBX103.00 Million | GBX39.00 Million | ▼ -4.2% |
| 2007 | 0.40x | GBX81.00 Million | GBX32.00 Million | ▲ +2.2% |
| 2006 | 0.39x | GBX75.00 Million | GBX29.00 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow