Companhia de Gás de São Paulo - COMGÁS (CGAS3) — Capital Reinvestment Ratio
Companhia de Gás de São Paulo - COMGÁS (CGAS3) has a Capital Reinvestment Ratio of 0.71x as of June 2025, meaning it reinvests 1% of its operating cash flow (R$955.44 Million) in capital expenditures (R$676.63 Million). See Companhia de Gás de São Paulo - COMGÁS free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Companhia de Gás de São Paulo - COMGÁS Capital Reinvestment Ratio (2004–2023)
This chart tracks Companhia de Gás de São Paulo - COMGÁS's Capital Reinvestment Ratio across 20 annual periods.
Annual Capital Reinvestment Ratio for Companhia de Gás de São Paulo - COMGÁS (2004–2023)
Year-by-year Capital Reinvestment Ratio for Companhia de Gás de São Paulo - COMGÁS from 2004 to 2023. For live market cap and broader valuation context, see CGAS3 market cap.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2023 | 0.44x | R$3.43 Billion | R$1.50 Billion | ▲ +26.6% |
| 2022 | 0.35x | R$3.44 Billion | R$1.19 Billion | ▼ -15.7% |
| 2021 | 0.41x | R$2.51 Billion | R$1.03 Billion | ▼ -13.4% |
| 2020 | 0.47x | R$2.10 Billion | R$991.72 Million | ▲ +53.2% |
| 2019 | 0.31x | R$2.51 Billion | R$775.77 Million | ▼ -8.6% |
| 2018 | 0.34x | R$1.57 Billion | R$531.74 Million | ▲ +56.8% |
| 2017 | 0.22x | R$1.64 Billion | R$352.96 Million | ▲ +2.7% |
| 2016 | 0.21x | R$2.09 Billion | R$438.37 Million | ▼ -22.1% |
| 2015 | 0.27x | R$1.93 Billion | R$521.31 Million | ▼ -46.3% |
| 2014 | 0.50x | R$1.32 Billion | R$661.54 Million | ▼ -44.5% |
| 2013 | 0.90x | R$942.69 Million | R$852.26 Million | ▼ -28.4% |
| 2012 | 1.26x | R$488.08 Million | R$616.16 Million | ▲ +30.2% |
| 2011 | 0.97x | R$525.77 Million | R$509.71 Million | ▲ +160.0% |
| 2010 | 0.37x | R$1.09 Billion | R$405.09 Million | ▼ -9.3% |
| 2009 | 0.41x | R$987.09 Million | R$406.07 Million | ▼ -49.5% |
| 2008 | 0.81x | R$495.28 Million | R$403.47 Million | ▲ +59.2% |
| 2007 | 0.51x | R$775.74 Million | R$397.04 Million | ▼ -25.9% |
| 2006 | 0.69x | R$539.61 Million | R$372.79 Million | ▲ +5.2% |
| 2005 | 0.66x | R$667.62 Million | R$438.29 Million | ▲ +70.6% |
| 2004 | 0.38x | R$641.43 Million | R$246.83 Million | — |