IREN Ltd (IREN) — Capital Reinvestment Ratio

Latest as of December 2025: 3.92x

IREN Ltd (IREN) has a Capital Reinvestment Ratio of 3.92x as of December 2025, meaning it reinvests 4% of its operating cash flow ($71.65 Million) in capital expenditures ($280.61 Million). See IREN free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

3.92x
Capex / Operating Cash Flow

Operating Cash Flow

$71.65 Million
USD

Capital Expenditures

$280.61 Million
USD

Data as of

Dec 2025
Most recent filing

IREN Ltd Capital Reinvestment Ratio (2021–2025)

This chart tracks IREN Ltd's Capital Reinvestment Ratio across 5 annual periods.

Annual Capital Reinvestment Ratio for IREN Ltd (2021–2025)

Year-by-year Capital Reinvestment Ratio for IREN Ltd from 2021 to 2025. For live market cap and broader valuation context, see market cap of IREN Ltd.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2025 5.58x $245.89 Million $1.37 Billion ▼ -39.3%
2024 9.19x $52.22 Million $479.91 Million ▼ -54.6%
2023 20.26x $5.73 Million $116.06 Million ▲ +48.4%
2022 13.65x $21.56 Million $294.25 Million ▲ +229.3%
2021 4.15x $1.31 Million $5.45 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow