Thales S.A. (HO) — Capital Reinvestment Ratio
Latest as of June 2025:
0.39x
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 HO cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.39x
Capex / Operating Cash Flow
Operating Cash Flow
€808.00 Million
EUR
Capital Expenditures
€311.30 Million
EUR
Data as of
Jun 2025
Most recent filing
Thales S.A. Capital Reinvestment Ratio (2001–2024)
This chart tracks Thales S.A.'s Capital Reinvestment Ratio across 22 annual periods.
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 value 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow