Aena SA Capital Reinvestment Ratio

Latest as of March 2026: 0.33x

Aena SA capital reinvestment ratio. Aena SA (AENA) has a Capital Reinvestment Ratio of 0.33x as of March 2026, meaning it reinvests 0% of its operating cash flow (€908.40 Million) in capital expenditures (€298.88 Million). Check cash flow reinvestment rate of Aena SA to assess the company's total reinvestment commitment from operating cash flow.

Capital Reinvestment Ratio

0.33x
Capex / Operating Cash Flow

Operating Cash Flow

€908.40 Million
EUR

Capital Expenditures

€298.88 Million
EUR

Data as of

Mar 2026
Most recent filing

Capital Reinvestment Ratio of Aena SA (2011–2025)

Capital reinvestment ratio of Aena SA from 2011 to 2025. This chart tracks Aena SA's Capital Reinvestment Ratio across 15 annual periods. Also explore how fast is Aena SA growing its equity to track the company's year-over-year net asset growth rate.

Aena SA Capital Reinvestment Ratio by Year (2011–2025)

Aena SA capital reinvestment ratio by year from 2011 to 2025. For the full cash flow conversion analysis, see cash flow conversion of Aena SA.

Year Reinvestment Ratio Operating CF (EUR) Capital Expenditures YoY Change
2025 0.25x €2.83 Billion €720.28 Million ▼ -15.1%
2024 0.30x €2.75 Billion €825.18 Million ▲ +22.3%
2023 0.25x €2.22 Billion €545.02 Million ▼ -37.1%
2022 0.39x €1.86 Billion €727.69 Million ▼ -83.7%
2021 2.39x €280.47 Million €671.08 Million ▼ -30.5%
2020 3.44x €146.24 Million €503.12 Million ▲ +609.8%
2019 0.48x €2.11 Billion €1.02 Billion ▲ +81.5%
2018 0.27x €1.95 Billion €520.19 Million ▲ +45.3%
2017 0.18x €2.01 Billion €370.41 Million ▲ +11.0%
2016 0.17x €1.83 Billion €304.04 Million ▲ +6.0%
2015 0.16x €1.63 Billion €254.66 Million ▼ -33.4%
2014 0.23x €1.35 Billion €316.09 Million ▼ -42.9%
2013 0.41x €1.20 Billion €492.21 Million ▼ -64.4%
2012 1.15x €706.41 Million €814.98 Million ▲ +28.7%
2011 0.90x €659.95 Million €591.64 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow