Vodafone Group PLC Capital Reinvestment Ratio
Vodafone Group PLC capital reinvestment ratio. Vodafone Group PLC (VOD) has a Capital Reinvestment Ratio of 0.28x as of March 2026, meaning it reinvests 0% of its operating cash flow (GBX8.88 Billion) in capital expenditures (GBX2.45 Billion). Check Vodafone Group PLC investment 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 Vodafone Group PLC (1991–2026)
Capital reinvestment ratio of Vodafone Group PLC from 1991 to 2026. This chart tracks Vodafone Group PLC's Capital Reinvestment Ratio across 36 annual periods. Also explore net asset growth rate of Vodafone Group PLC to track the company's year-over-year net asset growth rate.
Vodafone Group PLC Capital Reinvestment Ratio by Year (1991–2026)
Vodafone Group PLC capital reinvestment ratio by year from 1991 to 2026. For the full cash flow conversion analysis, see Vodafone Group PLC cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.36x | GBX13.27 Billion | GBX4.82 Billion | ▼ -16.6% |
| 2025 | 0.44x | GBX15.37 Billion | GBX6.70 Billion | ▲ +5.2% |
| 2024 | 0.41x | GBX16.56 Billion | GBX6.86 Billion | ▼ -18.8% |
| 2023 | 0.51x | GBX18.05 Billion | GBX9.21 Billion | ▲ +1.8% |
| 2022 | 0.50x | GBX18.08 Billion | GBX9.06 Billion | ▼ -0.2% |
| 2021 | 0.50x | GBX17.21 Billion | GBX8.64 Billion | ▲ +14.7% |
| 2020 | 0.44x | GBX17.38 Billion | GBX7.61 Billion | ▲ +12.4% |
| 2019 | 0.39x | GBX12.98 Billion | GBX5.05 Billion | ▲ +7.7% |
| 2018 | 0.36x | GBX13.60 Billion | GBX4.92 Billion | ▼ -18.2% |
| 2017 | 0.44x | GBX14.22 Billion | GBX6.29 Billion | ▼ -60.9% |
| 2016 | 1.13x | GBX13.29 Billion | GBX15.03 Billion | ▲ +23.7% |
| 2015 | 0.91x | GBX13.28 Billion | GBX12.15 Billion | ▲ +29.5% |
| 2014 | 0.71x | GBX7.53 Billion | GBX5.32 Billion | ▼ -13.2% |
| 2013 | 0.81x | GBX12.69 Billion | GBX10.32 Billion | ▲ +40.9% |
| 2012 | 0.58x | GBX12.36 Billion | GBX7.14 Billion | ▼ -19.8% |
| 2011 | 0.72x | GBX13.65 Billion | GBX9.83 Billion | ▲ +34.9% |
| 2010 | 0.53x | GBX14.67 Billion | GBX7.83 Billion | ▼ -16.9% |
| 2009 | 0.64x | GBX11.72 Billion | GBX7.52 Billion | ▲ +35.0% |
| 2008 | 0.48x | GBX12.41 Billion | GBX5.90 Billion | ▲ +6.3% |
| 2007 | 0.45x | GBX14.92 Billion | GBX6.68 Billion | ▼ -3.7% |
| 2006 | 0.47x | GBX15.95 Billion | GBX7.41 Billion | ▲ +13.5% |
| 2005 | 0.41x | GBX17.71 Billion | GBX7.26 Billion | ▲ +16.5% |
| 2004 | 0.35x | GBX19.29 Billion | GBX6.78 Billion | ▼ -31.9% |
| 2003 | 0.52x | GBX15.12 Billion | GBX7.81 Billion | ▲ +1.0% |
| 2002 | 0.51x | GBX13.25 Billion | GBX6.78 Billion | ▼ -92.3% |
| 2001 | 6.65x | GBX4.10 Billion | GBX27.28 Billion | ▲ +486.9% |
| 2000 | 1.13x | GBX2.99 Billion | GBX3.39 Billion | ▼ -3.1% |
| 1999 | 1.17x | GBX965.37 Million | GBX1.13 Billion | ▲ +26.5% |
| 1998 | 0.92x | GBX867.93 Million | GBX801.93 Million | ▼ -4.9% |
| 1997 | 0.97x | GBX510.11 Million | GBX495.85 Million | ▲ +8.4% |
| 1996 | 0.90x | GBX481.38 Million | GBX431.81 Million | ▼ -0.6% |
| 1995 | 0.90x | GBX254.21 Million | GBX229.32 Million | ▲ +33.0% |
| 1994 | 0.68x | GBX308.74 Million | GBX209.39 Million | ▲ +28.2% |
| 1993 | 0.53x | GBX330.05 Million | GBX174.55 Million | ▲ +26.8% |
| 1992 | 0.42x | GBX206.93 Million | GBX86.30 Million | ▼ -62.8% |
| 1991 | 1.12x | GBX191.61 Million | GBX214.87 Million | — |