Cellnex Telecom SA Capital Reinvestment Ratio
Cellnex Telecom SA capital reinvestment ratio. Cellnex Telecom SA (CLNX) has a Capital Reinvestment Ratio of 0.84x as of June 2023, meaning it reinvests 1% of its operating cash flow (€1.36 Billion) in capital expenditures (€1.14 Billion). See CLNX free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Cellnex Telecom SA (2011–2025)
Capital reinvestment ratio of Cellnex Telecom SA from 2011 to 2025. This chart tracks Cellnex Telecom SA's Capital Reinvestment Ratio across 15 annual periods. See Cellnex Telecom SA (CLNX) flexibility index to measure the company's free cash flow as a share of total liabilities.
Cellnex Telecom SA Capital Reinvestment Ratio by Year (2011–2025)
Cellnex Telecom SA capital reinvestment ratio by year from 2011 to 2025. For the full cash flow conversion analysis, see cash efficiency ratio of Cellnex Telecom SA.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.77x | €2.29 Billion | €1.76 Billion | ▼ -12.5% |
| 2024 | 0.88x | €2.31 Billion | €2.03 Billion | ▼ -17.0% |
| 2023 | 1.06x | €2.07 Billion | €2.19 Billion | ▼ -24.4% |
| 2022 | 1.40x | €1.83 Billion | €2.57 Billion | ▲ +5.3% |
| 2021 | 1.33x | €1.14 Billion | €1.52 Billion | ▲ +38.9% |
| 2020 | 0.96x | €791.65 Million | €759.65 Million | ▼ -55.0% |
| 2019 | 2.13x | €419.56 Million | €894.22 Million | ▲ +46.7% |
| 2018 | 1.45x | €396.28 Million | €575.91 Million | ▼ -17.5% |
| 2017 | 1.76x | €262.73 Million | €462.55 Million | ▲ +94.0% |
| 2016 | 0.91x | €251.91 Million | €228.56 Million | ▲ +53.7% |
| 2015 | 0.59x | €237.92 Million | €140.49 Million | ▼ -56.1% |
| 2014 | 1.35x | €132.14 Million | €177.74 Million | ▼ -7.7% |
| 2013 | 1.46x | €115.09 Million | €167.81 Million | ▲ +93.9% |
| 2012 | 0.75x | €145.92 Million | €109.73 Million | ▲ +120.3% |
| 2011 | 0.34x | €89.61 Million | €30.59 Million | — |