Vodafone Group PLC (VOD) — Capital Reinvestment Ratio
Latest as of March 2026:
0.28x
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). See Vodafone Group PLC (VOD) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.28x
Capex / Operating Cash Flow
Operating Cash Flow
GBX8.88 Billion
GBX
Capital Expenditures
GBX2.45 Billion
GBX
Data as of
Mar 2026
Most recent filing
Vodafone Group PLC Capital Reinvestment Ratio (1991–2026)
This chart tracks Vodafone Group PLC's Capital Reinvestment Ratio across 36 annual periods.
Annual Capital Reinvestment Ratio for Vodafone Group PLC (1991–2026)
Year-by-year Capital Reinvestment Ratio for Vodafone Group PLC from 1991 to 2026. For live market cap and broader valuation context, see Vodafone Group PLC market cap and net worth.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow