Telefônica Brasil S.A. (VIVT3) — Capital Reinvestment Ratio
Telefônica Brasil S.A. (VIVT3) has a Capital Reinvestment Ratio of 0.51x as of September 2025, meaning it reinvests 1% of its operating cash flow (R$4.61 Billion) in capital expenditures (R$2.36 Billion). Check Telefônica Brasil S.A. (VIVT3) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Telefônica Brasil S.A. Capital Reinvestment Ratio (1998–2024)
This chart tracks Telefônica Brasil S.A.'s Capital Reinvestment Ratio across 27 annual periods. For the full cash flow conversion analysis, see VIVT3 cash generation efficiency.
Annual Capital Reinvestment Ratio for Telefônica Brasil S.A. (1998–2024)
Year-by-year Capital Reinvestment Ratio for Telefônica Brasil S.A. from 1998 to 2024. See Telefônica Brasil S.A. free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.47x | R$19.88 Billion | R$9.32 Billion | ▲ +0.0% |
| 2023 | 0.47x | R$18.79 Billion | R$8.81 Billion | ▼ -10.2% |
| 2022 | 0.52x | R$18.94 Billion | R$9.89 Billion | ▲ +1.6% |
| 2021 | 0.51x | R$18.07 Billion | R$9.30 Billion | ▲ +20.0% |
| 2020 | 0.43x | R$19.34 Billion | R$8.29 Billion | ▼ -14.1% |
| 2019 | 0.50x | R$17.72 Billion | R$8.84 Billion | ▼ -30.1% |
| 2018 | 0.71x | R$11.94 Billion | R$8.52 Billion | ▲ +7.8% |
| 2017 | 0.66x | R$12.64 Billion | R$8.37 Billion | ▲ +1.4% |
| 2016 | 0.65x | R$11.44 Billion | R$7.47 Billion | ▼ -4.9% |
| 2015 | 0.69x | R$9.90 Billion | R$6.79 Billion | ▼ -14.5% |
| 2014 | 0.80x | R$9.38 Billion | R$7.54 Billion | ▲ +31.7% |
| 2013 | 0.61x | R$9.58 Billion | R$5.84 Billion | ▲ +34.8% |
| 2012 | 0.45x | R$10.05 Billion | R$4.55 Billion | ▼ -20.9% |
| 2011 | 0.57x | R$8.14 Billion | R$4.65 Billion | ▲ +21.8% |
| 2010 | 0.47x | R$4.53 Billion | R$2.13 Billion | ▼ -10.2% |
| 2009 | 0.52x | R$4.45 Billion | R$2.32 Billion | ▲ +27.4% |
| 2008 | 0.41x | R$5.13 Billion | R$2.10 Billion | ▼ -2.7% |
| 2007 | 0.42x | R$4.73 Billion | R$1.99 Billion | ▲ +22.5% |
| 2006 | 0.34x | R$5.00 Billion | R$1.72 Billion | ▲ +13.7% |
| 2005 | 0.30x | R$5.54 Billion | R$1.67 Billion | ▲ +26.6% |
| 2004 | 0.24x | R$5.61 Billion | R$1.34 Billion | ▼ -10.0% |
| 2003 | 0.27x | R$4.98 Billion | R$1.32 Billion | ▼ -22.6% |
| 2002 | 0.34x | R$4.57 Billion | R$1.57 Billion | ▼ -71.1% |
| 2001 | 1.19x | R$3.77 Billion | R$4.48 Billion | ▼ -25.6% |
| 2000 | 1.60x | R$2.64 Billion | R$4.22 Billion | ▲ +49.9% |
| 1999 | 1.06x | R$2.69 Billion | R$2.86 Billion | ▼ -12.2% |
| 1998 | 1.21x | R$2.14 Billion | R$2.59 Billion | — |