Kering SA (KER) — Capital Reinvestment Ratio
Kering SA (KER) has a Capital Reinvestment Ratio of 0.31x as of December 2025, meaning it reinvests 0% of its operating cash flow (€1.30 Billion) in capital expenditures (€399.00 Million). Check tangible net worth ratio of Kering SA to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Kering SA Capital Reinvestment Ratio (2003–2025)
This chart tracks Kering SA's Capital Reinvestment Ratio across 23 annual periods. For the full cash flow conversion analysis, see how efficiently does Kering SA generate cash.
Annual Capital Reinvestment Ratio for Kering SA (2003–2025)
Year-by-year Capital Reinvestment Ratio for Kering SA from 2003 to 2025. See free cash flow generation of Kering SA to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.33x | €2.51 Billion | €830.00 Million | ▼ -53.0% |
| 2024 | 0.70x | €4.71 Billion | €3.31 Billion | ▲ +20.0% |
| 2023 | 0.59x | €4.46 Billion | €2.61 Billion | ▲ +133.9% |
| 2022 | 0.25x | €4.28 Billion | €1.07 Billion | ▲ +30.7% |
| 2021 | 0.19x | €4.88 Billion | €934.00 Million | ▼ -29.7% |
| 2020 | 0.27x | €2.89 Billion | €786.90 Million | ▼ -29.5% |
| 2019 | 0.39x | €2.48 Billion | €955.80 Million | ▲ +76.2% |
| 2018 | 0.22x | €3.78 Billion | €828.00 Million | ▼ -12.0% |
| 2017 | 0.25x | €3.02 Billion | €752.00 Million | ▼ -27.0% |
| 2016 | 0.34x | €1.79 Billion | €611.00 Million | ▼ -34.3% |
| 2015 | 0.52x | €1.30 Billion | €672.10 Million | ▲ +18.7% |
| 2014 | 0.44x | €1.26 Billion | €551.40 Million | ▼ -1.6% |
| 2013 | 0.44x | €1.52 Billion | €677.70 Million | ▲ +37.4% |
| 2012 | 0.32x | €1.37 Billion | €441.90 Million | ▲ +23.3% |
| 2011 | 0.26x | €1.24 Billion | €325.30 Million | ▲ +5.4% |
| 2010 | 0.25x | €1.38 Billion | €342.60 Million | ▲ +4.2% |
| 2009 | 0.24x | €1.42 Billion | €338.90 Million | ▼ -38.2% |
| 2008 | 0.39x | €1.53 Billion | €592.70 Million | ▲ +26.4% |
| 2007 | 0.31x | €1.94 Billion | €594.30 Million | ▲ +4.2% |
| 2006 | 0.29x | €1.41 Billion | €414.90 Million | ▲ +0.7% |
| 2005 | 0.29x | €1.30 Billion | €379.50 Million | ▼ -32.2% |
| 2004 | 0.43x | €1.07 Billion | €462.00 Million | ▼ -38.2% |
| 2003 | 0.70x | €1.02 Billion | €707.00 Million | — |