Flughafen Zurich (FHZN) — Capital Reinvestment Ratio
Flughafen Zurich (FHZN) has a Capital Reinvestment Ratio of 0.73x as of December 2025, meaning it reinvests 1% of its operating cash flow (CHF381.60 Million) in capital expenditures (CHF277.90 Million). Check Flughafen Zurich tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Flughafen Zurich Capital Reinvestment Ratio (2005–2025)
This chart tracks Flughafen Zurich's Capital Reinvestment Ratio across 21 annual periods. For the full cash flow conversion analysis, see FHZN cash flow conversion.
Annual Capital Reinvestment Ratio for Flughafen Zurich (2005–2025)
Year-by-year Capital Reinvestment Ratio for Flughafen Zurich from 2005 to 2025. See Flughafen Zurich (FHZN) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CHF) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.79x | CHF683.60 Million | CHF539.10 Million | ▼ -10.6% |
| 2024 | 0.88x | CHF641.60 Million | CHF566.20 Million | ▲ +38.0% |
| 2023 | 0.64x | CHF668.70 Million | CHF427.50 Million | ▲ +57.1% |
| 2022 | 0.41x | CHF475.20 Million | CHF193.40 Million | ▼ -47.3% |
| 2021 | 0.77x | CHF218.50 Million | CHF168.70 Million | ▼ -61.5% |
| 2020 | 2.00x | CHF131.24 Million | CHF263.02 Million | ▲ +48.2% |
| 2019 | 1.35x | CHF494.62 Million | CHF669.03 Million | ▲ +218.2% |
| 2018 | 0.43x | CHF538.36 Million | CHF228.83 Million | ▲ +38.7% |
| 2017 | 0.31x | CHF529.74 Million | CHF162.32 Million | ▲ +6.9% |
| 2016 | 0.29x | CHF471.87 Million | CHF135.28 Million | ▼ -24.2% |
| 2015 | 0.38x | CHF456.18 Million | CHF172.46 Million | ▼ -30.2% |
| 2014 | 0.54x | CHF460.73 Million | CHF249.53 Million | ▲ +11.0% |
| 2013 | 0.49x | CHF458.99 Million | CHF223.87 Million | ▲ +9.7% |
| 2012 | 0.44x | CHF439.92 Million | CHF195.59 Million | ▼ -41.4% |
| 2011 | 0.76x | CHF438.90 Million | CHF332.80 Million | ▲ +35.1% |
| 2010 | 0.56x | CHF431.03 Million | CHF241.90 Million | ▲ +8.8% |
| 2009 | 0.52x | CHF350.93 Million | CHF180.95 Million | ▼ -46.7% |
| 2008 | 0.97x | CHF415.10 Million | CHF401.59 Million | ▲ +194.5% |
| 2007 | 0.33x | CHF332.10 Million | CHF109.11 Million | ▼ -8.1% |
| 2006 | 0.36x | CHF270.25 Million | CHF96.65 Million | ▼ -26.2% |
| 2005 | 0.48x | CHF238.21 Million | CHF115.48 Million | — |