Tullow Oil PLC (TLW) — Capital Reinvestment Ratio
Tullow Oil PLC (TLW) has a Capital Reinvestment Ratio of 0.68x as of December 2025, meaning it reinvests 1% of its operating cash flow (GBX140.93 Million) in capital expenditures (GBX95.41 Million). Check Tullow Oil PLC (TLW) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Tullow Oil PLC Capital Reinvestment Ratio (1992–2025)
This chart tracks Tullow Oil PLC's Capital Reinvestment Ratio across 33 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Tullow Oil PLC.
Annual Capital Reinvestment Ratio for Tullow Oil PLC (1992–2025)
Year-by-year Capital Reinvestment Ratio for Tullow Oil PLC from 1992 to 2025. See Tullow Oil PLC (TLW) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.59x | GBX334.30 Million | GBX195.60 Million | ▲ +97.7% |
| 2024 | 0.30x | GBX758.50 Million | GBX224.50 Million | ▼ -11.3% |
| 2023 | 0.33x | GBX876.20 Million | GBX292.50 Million | ▲ +17.4% |
| 2022 | 0.28x | GBX1.08 Billion | GBX306.40 Million | ▼ -5.4% |
| 2021 | 0.30x | GBX786.90 Million | GBX236.50 Million | ▼ -51.3% |
| 2020 | 0.62x | GBX698.60 Million | GBX430.90 Million | ▲ +49.0% |
| 2019 | 0.41x | GBX1.26 Billion | GBX520.90 Million | ▲ +13.1% |
| 2018 | 0.37x | GBX1.20 Billion | GBX440.50 Million | ▲ +45.5% |
| 2017 | 0.25x | GBX1.22 Billion | GBX307.50 Million | ▼ -87.5% |
| 2016 | 2.01x | GBX512.50 Million | GBX1.03 Billion | ▲ +28.7% |
| 2015 | 1.56x | GBX1.35 Billion | GBX2.11 Billion | ▼ -1.6% |
| 2014 | 1.59x | GBX1.48 Billion | GBX2.35 Billion | ▲ +38.0% |
| 2013 | 1.15x | GBX1.75 Billion | GBX2.01 Billion | ▼ -5.4% |
| 2012 | 1.22x | GBX1.52 Billion | GBX1.85 Billion | ▲ +27.4% |
| 2011 | 0.96x | GBX1.73 Billion | GBX1.65 Billion | ▼ -73.4% |
| 2010 | 3.59x | GBX732.40 Million | GBX2.63 Billion | ▼ -29.8% |
| 2009 | 5.12x | GBX232.20 Million | GBX1.19 Billion | ▲ +423.4% |
| 2008 | 0.98x | GBX688.86 Million | GBX674.07 Million | ▲ +1.0% |
| 2007 | 0.97x | GBX745.36 Million | GBX722.02 Million | ▲ +1.3% |
| 2006 | 0.96x | GBX637.13 Million | GBX609.44 Million | ▼ -41.0% |
| 2005 | 1.62x | GBX390.59 Million | GBX633.36 Million | ▲ +122.2% |
| 2004 | 0.73x | GBX249.95 Million | GBX182.42 Million | ▲ +3.0% |
| 2003 | 0.71x | GBX116.37 Million | GBX82.47 Million | ▼ -38.3% |
| 2002 | 1.15x | GBX85.66 Million | GBX98.45 Million | ▼ -59.5% |
| 2001 | 2.84x | GBX66.99 Million | GBX190.09 Million | ▼ -56.5% |
| 2000 | 6.52x | GBX6.25 Million | GBX40.75 Million | ▼ -31.0% |
| 1998 | 9.45x | GBX3.86 Million | GBX36.48 Million | ▲ +168.4% |
| 1997 | 3.52x | GBX4.27 Million | GBX15.02 Million | ▲ +16.8% |
| 1996 | 3.01x | GBX5.49 Million | GBX16.54 Million | ▼ -58.5% |
| 1995 | 7.27x | GBX2.53 Million | GBX18.37 Million | ▲ +231.5% |
| 1994 | 2.19x | GBX5.62 Million | GBX12.32 Million | ▼ -15.5% |
| 1993 | 2.59x | GBX2.86 Million | GBX7.43 Million | ▲ +23.0% |
| 1992 | 2.11x | GBX2.44 Million | GBX5.14 Million | — |