Kellanova (K) — Capital Reinvestment Ratio
Kellanova (K) has a Capital Reinvestment Ratio of 0.29x as of September 2025, meaning it reinvests 0% of its operating cash flow ($503.00 Million) in capital expenditures ($144.00 Million). See debt-free asset ratio of Kellanova to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Kellanova Capital Reinvestment Ratio (1989–2024)
This chart tracks Kellanova's Capital Reinvestment Ratio across 36 annual periods. Check total reinvestment intensity of Kellanova to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Kellanova (1989–2024)
Year-by-year Capital Reinvestment Ratio for Kellanova from 1989 to 2024. For live market cap and broader valuation context, see K market cap overview.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.36x | $1.76 Billion | $628.00 Million | ▼ -13.3% |
| 2023 | 0.41x | $1.65 Billion | $677.00 Million | ▲ +39.2% |
| 2022 | 0.30x | $1.65 Billion | $488.00 Million | ▼ -9.1% |
| 2021 | 0.33x | $1.70 Billion | $553.00 Million | ▲ +27.9% |
| 2020 | 0.25x | $1.99 Billion | $505.00 Million | ▼ -49.0% |
| 2019 | 0.50x | $1.18 Billion | $586.00 Million | ▲ +32.4% |
| 2018 | 0.38x | $1.54 Billion | $578.00 Million | ▲ +23.6% |
| 2017 | 0.30x | $1.65 Billion | $501.00 Million | ▼ -2.3% |
| 2016 | 0.31x | $1.63 Billion | $507.00 Million | ▼ -4.8% |
| 2015 | 0.33x | $1.69 Billion | $553.00 Million | ▲ +0.7% |
| 2014 | 0.32x | $1.79 Billion | $582.00 Million | ▼ -7.9% |
| 2013 | 0.35x | $1.81 Billion | $637.00 Million | ▲ +16.3% |
| 2012 | 0.30x | $1.76 Billion | $533.00 Million | ▼ -18.6% |
| 2011 | 0.37x | $1.59 Billion | $594.00 Million | ▼ -20.8% |
| 2010 | 0.47x | $1.01 Billion | $474.00 Million | ▲ +104.9% |
| 2009 | 0.23x | $1.64 Billion | $377.00 Million | ▼ -36.9% |
| 2008 | 0.36x | $1.27 Billion | $461.00 Million | ▲ +15.9% |
| 2007 | 0.31x | $1.50 Billion | $472.00 Million | ▼ -2.2% |
| 2006 | 0.32x | $1.41 Billion | $453.10 Million | ▼ -1.9% |
| 2005 | 0.33x | $1.14 Billion | $374.20 Million | ▲ +44.4% |
| 2004 | 0.23x | $1.23 Billion | $278.60 Million | ▲ +7.4% |
| 2003 | 0.21x | $1.17 Billion | $247.20 Million | ▼ -16.7% |
| 2002 | 0.25x | $999.90 Million | $253.50 Million | ▲ +3.8% |
| 2001 | 0.24x | $1.13 Billion | $276.50 Million | ▼ -6.8% |
| 2000 | 0.26x | $880.90 Million | $230.90 Million | ▼ -63.1% |
| 1999 | 0.71x | $795.20 Million | $564.40 Million | ▲ +27.1% |
| 1998 | 0.56x | $720.00 Million | $402.00 Million | ▲ +45.4% |
| 1997 | 0.38x | $879.80 Million | $337.80 Million | ▼ -66.4% |
| 1996 | 1.14x | $711.50 Million | $812.50 Million | ▲ +276.6% |
| 1995 | 0.30x | $1.04 Billion | $315.70 Million | ▼ -17.2% |
| 1994 | 0.37x | $966.80 Million | $354.30 Million | ▼ -34.8% |
| 1993 | 0.56x | $800.20 Million | $449.70 Million | ▼ -12.0% |
| 1992 | 0.64x | $741.90 Million | $473.60 Million | ▲ +78.9% |
| 1991 | 0.36x | $934.40 Million | $333.50 Million | ▼ -8.8% |
| 1990 | 0.39x | $819.20 Million | $320.50 Million | ▼ -59.0% |
| 1989 | 0.95x | $533.50 Million | $508.70 Million | — |