Banco BTG Pactual S.A. (BPAC11) — Capital Reinvestment Ratio

Latest as of December 2025: 0.31x

Banco BTG Pactual S.A. (BPAC11) has a Capital Reinvestment Ratio of 0.31x as of December 2025, meaning it reinvests 0% of its operating cash flow (R$1.42 Billion) in capital expenditures (R$443.05 Million). Check BPAC11 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.31x
Capex / Operating Cash Flow

Operating Cash Flow

R$1.42 Billion
BRL

Capital Expenditures

R$443.05 Million
BRL

Data as of

Dec 2025
Most recent filing

Banco BTG Pactual S.A. Capital Reinvestment Ratio (2008–2024)

This chart tracks Banco BTG Pactual S.A.'s Capital Reinvestment Ratio across 9 annual periods. For the full cash flow conversion analysis, see BPAC11 cash flow conversion.

Annual Capital Reinvestment Ratio for Banco BTG Pactual S.A. (2008–2024)

Year-by-year Capital Reinvestment Ratio for Banco BTG Pactual S.A. from 2008 to 2024. See BPAC11 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (BRL) Capital Expenditures YoY Change
2024 0.22x R$2.93 Billion R$647.52 Million ▲ +207.1%
2022 0.07x R$21.90 Billion R$1.57 Billion ▼ -21.1%
2020 0.09x R$2.35 Billion R$213.57 Million ▲ +180.6%
2018 0.03x R$1.33 Billion R$43.02 Million ▲ +12012.3%
2017 0.00x R$13.19 Billion R$3.53 Million ▼ -97.7%
2016 0.01x R$18.81 Billion R$222.26 Million ▼ -87.6%
2014 0.10x R$1.90 Billion R$180.66 Million ▼ -9.4%
2010 0.10x R$3.39 Billion R$356.15 Million ▲ +581.7%
2008 0.02x R$1.03 Billion R$15.91 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow