Nebius Group N.V. (NBIS) — Capital Reinvestment Ratio
Nebius Group N.V. (NBIS) has a Capital Reinvestment Ratio of 2.46x as of March 2026, meaning it reinvests 2% of its operating cash flow ($834.30 Million) in capital expenditures ($2.06 Billion). Check tangible equity quality of Nebius Group N.V. to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Nebius Group N.V. Capital Reinvestment Ratio (2009–2025)
This chart tracks Nebius Group N.V.'s Capital Reinvestment Ratio across 17 annual periods. For the full cash flow conversion analysis, see NBIS cash flow conversion.
Annual Capital Reinvestment Ratio for Nebius Group N.V. (2009–2025)
Year-by-year Capital Reinvestment Ratio for Nebius Group N.V. from 2009 to 2025. See Nebius Group N.V. free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 10.57x | $384.80 Million | $4.07 Billion | ▲ +221.3% |
| 2024 | 3.29x | $245.60 Million | $807.70 Million | ▲ +3172.1% |
| 2023 | 0.10x | $829.80 Million | $83.40 Million | ▲ +379.8% |
| 2022 | 0.02x | $697.00 Million | $14.60 Million | ▼ -99.6% |
| 2021 | 4.80x | $124.62 Million | $598.37 Million | ▲ +537.7% |
| 2020 | 0.75x | $438.20 Million | $329.97 Million | ▲ +62.7% |
| 2019 | 0.46x | $715.83 Million | $331.36 Million | ▼ -53.9% |
| 2018 | 1.00x | $405.97 Million | $407.57 Million | ▲ +92.6% |
| 2017 | 0.52x | $412.21 Million | $214.83 Million | ▲ +36.9% |
| 2016 | 0.38x | $412.96 Million | $157.19 Million | ▼ -43.5% |
| 2015 | 0.67x | $263.69 Million | $177.54 Million | ▲ +8.1% |
| 2014 | 0.62x | $279.67 Million | $174.13 Million | ▲ +85.5% |
| 2013 | 0.34x | $447.18 Million | $150.10 Million | ▼ -2.9% |
| 2012 | 0.35x | $379.53 Million | $131.15 Million | ▼ -53.1% |
| 2011 | 0.74x | $234.65 Million | $172.87 Million | ▲ +94.4% |
| 2010 | 0.38x | $185.52 Million | $70.32 Million | ▲ +22.4% |
| 2009 | 0.31x | $105.76 Million | $32.75 Million | — |