CPFL Energia S.A (CPFE3) — Capital Reinvestment Ratio
CPFL Energia S.A (CPFE3) has a Capital Reinvestment Ratio of 0.06x as of June 2026, meaning it reinvests 0% of its operating cash flow (R$1.71 Billion) in capital expenditures (R$100.94 Million). Check CPFL Energia S.A tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
CPFL Energia S.A Capital Reinvestment Ratio (2001–2025)
This chart tracks CPFL Energia S.A's Capital Reinvestment Ratio across 24 annual periods. For the full cash flow conversion analysis, see cash flow conversion of CPFL Energia S.A.
Annual Capital Reinvestment Ratio for CPFL Energia S.A (2001–2025)
Year-by-year Capital Reinvestment Ratio for CPFL Energia S.A from 2001 to 2025. See CPFE3 free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.05x | R$7.16 Billion | R$369.94 Million | ▼ -34.0% |
| 2024 | 0.08x | R$6.79 Billion | R$531.04 Million | ▲ +2.6% |
| 2023 | 0.08x | R$8.90 Billion | R$678.20 Million | ▲ +73.0% |
| 2022 | 0.04x | R$8.98 Billion | R$395.70 Million | ▼ -70.4% |
| 2021 | 0.15x | R$3.86 Billion | R$575.48 Million | ▲ +165.5% |
| 2020 | 0.06x | R$6.36 Billion | R$357.07 Million | ▲ +56.1% |
| 2019 | 0.04x | R$5.79 Billion | R$208.14 Million | ▼ -89.5% |
| 2018 | 0.34x | R$856.69 Million | R$292.85 Million | ▼ -72.9% |
| 2017 | 1.26x | R$2.03 Billion | R$2.57 Billion | ▲ +161.7% |
| 2016 | 0.48x | R$4.63 Billion | R$2.24 Billion | ▼ -13.5% |
| 2015 | 0.56x | R$2.56 Billion | R$1.43 Billion | ▼ -16.3% |
| 2014 | 0.67x | R$1.59 Billion | R$1.06 Billion | ▼ -3.2% |
| 2013 | 0.69x | R$2.52 Billion | R$1.73 Billion | ▼ -44.3% |
| 2012 | 1.24x | R$1.99 Billion | R$2.46 Billion | ▲ +61.6% |
| 2011 | 0.77x | R$2.49 Billion | R$1.90 Billion | ▼ -13.7% |
| 2010 | 0.89x | R$2.03 Billion | R$1.80 Billion | ▲ +76.2% |
| 2009 | 0.50x | R$2.44 Billion | R$1.23 Billion | ▼ -19.8% |
| 2008 | 0.63x | R$1.88 Billion | R$1.18 Billion | ▲ +24.5% |
| 2007 | 0.50x | R$2.25 Billion | R$1.13 Billion | ▲ +45.3% |
| 2006 | 0.35x | R$2.29 Billion | R$795.31 Million | ▼ -12.1% |
| 2005 | 0.39x | R$1.59 Billion | R$626.15 Million | ▼ -50.1% |
| 2004 | 0.79x | R$766.66 Million | R$605.88 Million | ▲ +32.5% |
| 2003 | 0.60x | R$942.78 Million | R$562.11 Million | ▼ -41.5% |
| 2001 | 1.02x | R$242.68 Million | R$247.16 Million | — |