Smith & Nephew SNATS Inc (SNN) — Capital Reinvestment Ratio
Smith & Nephew SNATS Inc (SNN) has a Capital Reinvestment Ratio of 0.33x as of December 2025, meaning it reinvests 0% of its operating cash flow ($888.43 Million) in capital expenditures ($293.76 Million). Check SNN tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Smith & Nephew SNATS Inc Capital Reinvestment Ratio (1991–2025)
This chart tracks Smith & Nephew SNATS Inc's Capital Reinvestment Ratio across 34 annual periods. For the full cash flow conversion analysis, see Smith & Nephew SNATS Inc (SNN) cash conversion ratio.
Annual Capital Reinvestment Ratio for Smith & Nephew SNATS Inc (1991–2025)
Year-by-year Capital Reinvestment Ratio for Smith & Nephew SNATS Inc from 1991 to 2025. See SNN FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.34x | $1.29 Billion | $434.01 Million | ▼ -12.7% |
| 2024 | 0.39x | $987.00 Million | $381.00 Million | ▼ -45.0% |
| 2023 | 0.70x | $608.00 Million | $427.00 Million | ▼ -8.2% |
| 2022 | 0.76x | $468.00 Million | $358.00 Million | ▲ +64.4% |
| 2021 | 0.47x | $877.00 Million | $408.00 Million | ▼ -1.8% |
| 2020 | 0.47x | $935.00 Million | $443.00 Million | ▲ +35.6% |
| 2019 | 0.35x | $1.17 Billion | $408.00 Million | ▼ -6.3% |
| 2018 | 0.37x | $931.00 Million | $347.00 Million | ▲ +8.0% |
| 2017 | 0.34x | $1.09 Billion | $376.00 Million | ▼ -25.3% |
| 2016 | 0.46x | $849.00 Million | $392.00 Million | ▲ +32.8% |
| 2015 | 0.35x | $1.03 Billion | $358.00 Million | ▼ -36.7% |
| 2014 | 0.55x | $683.00 Million | $375.00 Million | ▲ +40.0% |
| 2013 | 0.39x | $867.00 Million | $340.00 Million | ▲ +33.5% |
| 2012 | 0.29x | $902.00 Million | $265.00 Million | ▼ -22.9% |
| 2011 | 0.38x | $842.00 Million | $321.00 Million | ▲ +4.0% |
| 2010 | 0.37x | $859.00 Million | $315.00 Million | ▼ -17.1% |
| 2009 | 0.44x | $719.00 Million | $318.00 Million | ▼ -13.4% |
| 2008 | 0.51x | $566.00 Million | $289.00 Million | ▲ +11.6% |
| 2007 | 0.46x | $424.00 Million | $194.00 Million | ▼ -27.5% |
| 2006 | 0.63x | $352.00 Million | $222.00 Million | ▼ -18.0% |
| 2005 | 0.77x | $260.00 Million | $200.00 Million | ▲ +42.9% |
| 2004 | 0.54x | $363.28 Million | $195.55 Million | ▲ +14.3% |
| 2003 | 0.47x | $276.79 Million | $130.36 Million | ▼ -16.7% |
| 2002 | 0.57x | $242.85 Million | $137.30 Million | ▼ -24.9% |
| 2001 | 0.75x | $144.46 Million | $108.78 Million | ▼ -20.2% |
| 1999 | 0.94x | $115.02 Million | $108.55 Million | ▼ -3.9% |
| 1998 | 0.98x | $117.19 Million | $115.03 Million | ▼ -6.6% |
| 1997 | 1.05x | $113.57 Million | $119.35 Million | ▲ +20.0% |
| 1996 | 0.88x | $142.14 Million | $124.50 Million | ▼ -41.3% |
| 1995 | 1.49x | $72.47 Million | $108.16 Million | ▲ +75.2% |
| 1994 | 0.85x | $117.10 Million | $99.75 Million | ▼ -62.2% |
| 1993 | 2.26x | $43.34 Million | $97.78 Million | ▲ +146.7% |
| 1992 | 0.91x | $76.14 Million | $69.62 Million | ▲ +17.7% |
| 1991 | 0.78x | $106.47 Million | $82.71 Million | — |