Spirax Group plc (SPX) — Capital Reinvestment Ratio
Spirax Group plc (SPX) has a Capital Reinvestment Ratio of 0.19x as of June 2026, meaning it reinvests 0% of its operating cash flow (GBX66.30 Million) in capital expenditures (GBX12.50 Million). Check tangible equity quality of Spirax Group plc to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Spirax Group plc Capital Reinvestment Ratio (1991–2025)
This chart tracks Spirax Group plc's Capital Reinvestment Ratio across 35 annual periods. For the full cash flow conversion analysis, see Spirax Group plc cash conversion from operations.
Annual Capital Reinvestment Ratio for Spirax Group plc (1991–2025)
Year-by-year Capital Reinvestment Ratio for Spirax Group plc from 1991 to 2025. See Spirax 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 | 0.18x | GBX259.60 Million | GBX47.80 Million | ▼ -22.5% |
| 2024 | 0.24x | GBX312.80 Million | GBX74.30 Million | ▼ -32.7% |
| 2023 | 0.35x | GBX298.60 Million | GBX105.40 Million | ▼ -27.6% |
| 2022 | 0.49x | GBX241.10 Million | GBX117.50 Million | ▲ +107.9% |
| 2021 | 0.23x | GBX273.40 Million | GBX64.10 Million | ▲ +22.5% |
| 2020 | 0.19x | GBX259.20 Million | GBX49.60 Million | ▼ -30.3% |
| 2019 | 0.27x | GBX227.40 Million | GBX62.40 Million | ▲ +74.1% |
| 2018 | 0.16x | GBX212.60 Million | GBX33.50 Million | ▼ -15.4% |
| 2017 | 0.19x | GBX159.40 Million | GBX29.70 Million | ▲ +4.7% |
| 2016 | 0.18x | GBX157.90 Million | GBX28.10 Million | ▼ -10.8% |
| 2015 | 0.20x | GBX130.30 Million | GBX26.00 Million | ▼ -16.1% |
| 2014 | 0.24x | GBX113.66 Million | GBX27.03 Million | ▲ +36.3% |
| 2013 | 0.17x | GBX117.21 Million | GBX20.45 Million | ▼ -42.1% |
| 2012 | 0.30x | GBX107.54 Million | GBX32.41 Million | ▼ -54.5% |
| 2011 | 0.66x | GBX73.84 Million | GBX48.95 Million | ▲ +48.9% |
| 2010 | 0.45x | GBX81.49 Million | GBX36.29 Million | ▼ -12.7% |
| 2009 | 0.51x | GBX71.68 Million | GBX36.55 Million | ▲ +19.5% |
| 2008 | 0.43x | GBX64.25 Million | GBX27.42 Million | ▲ +36.3% |
| 2007 | 0.31x | GBX54.67 Million | GBX17.12 Million | ▼ -55.3% |
| 2006 | 0.70x | GBX29.41 Million | GBX20.60 Million | ▲ +110.2% |
| 2005 | 0.33x | GBX41.72 Million | GBX13.90 Million | ▲ +2.5% |
| 2004 | 0.32x | GBX44.30 Million | GBX14.39 Million | ▼ -45.3% |
| 2003 | 0.59x | GBX21.15 Million | GBX12.57 Million | ▲ +55.6% |
| 2002 | 0.38x | GBX30.59 Million | GBX11.68 Million | ▼ -57.1% |
| 2001 | 0.89x | GBX20.88 Million | GBX18.58 Million | ▼ -15.0% |
| 2000 | 1.05x | GBX15.42 Million | GBX16.15 Million | ▲ +10.6% |
| 1999 | 0.95x | GBX16.63 Million | GBX15.75 Million | ▼ -13.2% |
| 1998 | 1.09x | GBX15.84 Million | GBX17.30 Million | ▲ +63.9% |
| 1997 | 0.67x | GBX21.79 Million | GBX14.52 Million | ▼ -30.4% |
| 1996 | 0.96x | GBX20.31 Million | GBX19.44 Million | ▲ +15.9% |
| 1995 | 0.83x | GBX17.90 Million | GBX14.79 Million | ▲ +45.0% |
| 1994 | 0.57x | GBX18.51 Million | GBX10.55 Million | ▲ +1.4% |
| 1993 | 0.56x | GBX15.93 Million | GBX8.95 Million | ▼ -47.3% |
| 1992 | 1.07x | GBX11.91 Million | GBX12.69 Million | ▼ -1.2% |
| 1991 | 1.08x | GBX10.11 Million | GBX10.91 Million | — |