Nestle S.A. (NESN) — Capital Reinvestment Ratio
Nestle S.A. (NESN) has a Capital Reinvestment Ratio of 0.33x as of June 2026, meaning it reinvests 0% of its operating cash flow (CHF5.34 Billion) in capital expenditures (CHF1.77 Billion). Check Nestle S.A. (NESN) 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
Nestle S.A. Capital Reinvestment Ratio (1998–2025)
This chart tracks Nestle S.A.'s Capital Reinvestment Ratio across 28 annual periods. For the full cash flow conversion analysis, see NESN operating cash flow.
Annual Capital Reinvestment Ratio for Nestle S.A. (1998–2025)
Year-by-year Capital Reinvestment Ratio for Nestle S.A. from 1998 to 2025. See Nestle S.A. free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CHF) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.28x | CHF15.90 Billion | CHF4.53 Billion | ▼ -20.4% |
| 2024 | 0.36x | CHF16.68 Billion | CHF5.96 Billion | ▼ -8.1% |
| 2023 | 0.39x | CHF15.94 Billion | CHF6.20 Billion | ▼ -13.6% |
| 2022 | 0.45x | CHF11.91 Billion | CHF5.36 Billion | ▲ +16.9% |
| 2021 | 0.39x | CHF13.86 Billion | CHF5.34 Billion | ▲ +26.9% |
| 2020 | 0.30x | CHF14.38 Billion | CHF4.36 Billion | ▲ +14.3% |
| 2019 | 0.27x | CHF15.85 Billion | CHF4.21 Billion | ▲ +5.7% |
| 2018 | 0.25x | CHF15.40 Billion | CHF3.87 Billion | ▼ -9.4% |
| 2017 | 0.28x | CHF14.20 Billion | CHF3.94 Billion | ▲ +7.8% |
| 2016 | 0.26x | CHF15.58 Billion | CHF4.01 Billion | ▼ -4.9% |
| 2015 | 0.27x | CHF14.30 Billion | CHF3.87 Billion | ▲ +1.7% |
| 2014 | 0.27x | CHF14.70 Billion | CHF3.91 Billion | ▼ -19.0% |
| 2013 | 0.33x | CHF14.99 Billion | CHF4.93 Billion | ▼ -9.2% |
| 2012 | 0.36x | CHF15.77 Billion | CHF5.71 Billion | ▼ -29.7% |
| 2011 | 0.51x | CHF9.76 Billion | CHF5.03 Billion | ▲ +40.6% |
| 2010 | 0.37x | CHF13.61 Billion | CHF4.98 Billion | ▲ +30.3% |
| 2009 | 0.28x | CHF17.93 Billion | CHF5.04 Billion | ▼ -44.5% |
| 2008 | 0.51x | CHF10.76 Billion | CHF5.45 Billion | ▲ +21.8% |
| 2007 | 0.42x | CHF13.44 Billion | CHF5.59 Billion | ▼ -0.7% |
| 2006 | 0.42x | CHF11.68 Billion | CHF4.89 Billion | ▲ +3.4% |
| 2005 | 0.40x | CHF10.21 Billion | CHF4.13 Billion | ▲ +4.6% |
| 2004 | 0.39x | CHF10.41 Billion | CHF4.03 Billion | ▼ -2.5% |
| 2003 | 0.40x | CHF10.12 Billion | CHF4.02 Billion | ▼ -4.7% |
| 2002 | 0.42x | CHF10.25 Billion | CHF4.27 Billion | ▼ -8.0% |
| 2001 | 0.45x | CHF8.61 Billion | CHF3.90 Billion | ▲ +14.7% |
| 2000 | 0.39x | CHF8.85 Billion | CHF3.49 Billion | ▲ +9.7% |
| 1999 | 0.36x | CHF8.19 Billion | CHF2.94 Billion | ▼ -25.1% |
| 1998 | 0.48x | CHF6.37 Billion | CHF3.06 Billion | — |