Eneva S.A (ENEV3) — Capital Reinvestment Ratio
Latest as of March 2026:
1.95x
Eneva S.A (ENEV3) has a Capital Reinvestment Ratio of 1.95x as of March 2026, meaning it reinvests 2% of its operating cash flow (R$994.04 Million) in capital expenditures (R$1.94 Billion). See how much free cash does Eneva S.A generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
1.95x
Capex / Operating Cash Flow
Operating Cash Flow
R$994.04 Million
BRL
Capital Expenditures
R$1.94 Billion
BRL
Data as of
Mar 2026
Most recent filing
Eneva S.A Capital Reinvestment Ratio (2008–2025)
This chart tracks Eneva S.A's Capital Reinvestment Ratio across 13 annual periods.
Annual Capital Reinvestment Ratio for Eneva S.A (2008–2025)
Year-by-year Capital Reinvestment Ratio for Eneva S.A from 2008 to 2025. For live market cap and broader valuation context, see market value of Eneva S.A.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.56x | R$3.63 Billion | R$5.66 Billion | ▲ +153.3% |
| 2024 | 0.62x | R$4.16 Billion | R$2.56 Billion | ▼ -33.0% |
| 2023 | 0.92x | R$2.79 Billion | R$2.56 Billion | ▼ -51.4% |
| 2022 | 1.89x | R$1.27 Billion | R$2.40 Billion | ▲ +105.0% |
| 2021 | 0.92x | R$1.23 Billion | R$1.14 Billion | ▼ -45.0% |
| 2020 | 1.68x | R$1.25 Billion | R$2.09 Billion | ▲ +175.9% |
| 2019 | 0.61x | R$1.37 Billion | R$829.92 Million | ▲ +103.7% |
| 2018 | 0.30x | R$1.53 Billion | R$455.57 Million | ▼ -2.5% |
| 2017 | 0.31x | R$1.01 Billion | R$308.89 Million | ▲ +29.8% |
| 2016 | 0.24x | R$664.98 Million | R$156.76 Million | ▼ -75.1% |
| 2015 | 0.95x | R$246.76 Million | R$233.44 Million | ▲ +450.3% |
| 2014 | 0.17x | R$590.53 Million | R$101.51 Million | ▼ -99.6% |
| 2008 | 45.97x | R$20.59 Million | R$946.58 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow