Thales S.A. (HO) — Capital Reinvestment Ratio
Thales S.A. (HO) has a Capital Reinvestment Ratio of 0.39x as of June 2025, meaning it reinvests 0% of its operating cash flow (€808.00 Million) in capital expenditures (€311.30 Million). See Thales S.A. (HO) net asset quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Thales S.A. Capital Reinvestment Ratio (2001–2024)
This chart tracks Thales S.A.'s Capital Reinvestment Ratio across 22 annual periods. Check HO cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Thales S.A. (2001–2024)
Year-by-year Capital Reinvestment Ratio for Thales S.A. from 2001 to 2024. For live market cap and broader valuation context, see market cap of Thales S.A..
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.24x | €2.64 Billion | €623.10 Million | ▼ -39.7% |
| 2023 | 0.39x | €1.60 Billion | €625.60 Million | ▲ +138.8% |
| 2022 | 0.16x | €3.06 Billion | €502.73 Million | ▼ -1.5% |
| 2021 | 0.17x | €2.71 Billion | €450.80 Million | ▼ -43.3% |
| 2020 | 0.29x | €1.35 Billion | €395.40 Million | ▲ +3.4% |
| 2019 | 0.28x | €1.77 Billion | €503.30 Million | ▼ -4.1% |
| 2018 | 0.30x | €1.25 Billion | €370.95 Million | ▲ +36.1% |
| 2017 | 0.22x | €2.06 Billion | €447.51 Million | ▼ -32.0% |
| 2016 | 0.32x | €1.41 Billion | €451.11 Million | ▲ +16.5% |
| 2015 | 0.27x | €1.59 Billion | €438.23 Million | ▼ -40.2% |
| 2014 | 0.46x | €1.06 Billion | €486.96 Million | ▲ +7.7% |
| 2013 | 0.43x | €1.06 Billion | €452.80 Million | ▲ +16.1% |
| 2012 | 0.37x | €1.34 Billion | €494.30 Million | ▼ -19.7% |
| 2011 | 0.46x | €577.20 Million | €264.10 Million | ▼ -24.1% |
| 2010 | 0.60x | €522.80 Million | €315.20 Million | ▲ +6933.9% |
| 2009 | 0.01x | €1.16 Billion | €9.90 Million | ▼ -98.4% |
| 2006 | 0.55x | €753.60 Million | €412.10 Million | ▼ -14.7% |
| 2005 | 0.64x | €609.60 Million | €390.80 Million | ▼ -26.0% |
| 2004 | 0.87x | €358.60 Million | €310.60 Million | ▲ +46.9% |
| 2003 | 0.59x | €636.80 Million | €375.50 Million | ▼ -56.8% |
| 2002 | 1.37x | €305.80 Million | €417.60 Million | ▲ +70.1% |
| 2001 | 0.80x | €667.00 Million | €535.60 Million | — |