Swatch Group AG Class N (UHRN) — Capital Reinvestment Ratio
Swatch Group AG Class N (UHRN) has a Capital Reinvestment Ratio of 0.50x as of June 2026, meaning it reinvests 0% of its operating cash flow (CHF304.00 Million) in capital expenditures (CHF151.00 Million). Check Swatch Group AG Class N tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Swatch Group AG Class N Capital Reinvestment Ratio (1997–2025)
This chart tracks Swatch Group AG Class N's Capital Reinvestment Ratio across 29 annual periods. For the full cash flow conversion analysis, see UHRN cash flow conversion.
Annual Capital Reinvestment Ratio for Swatch Group AG Class N (1997–2025)
Year-by-year Capital Reinvestment Ratio for Swatch Group AG Class N from 1997 to 2025. See Swatch Group AG Class N (UHRN) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CHF) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.81x | CHF507.00 Million | CHF409.00 Million | ▼ -51.1% |
| 2024 | 1.65x | CHF333.00 Million | CHF549.00 Million | ▲ +29.2% |
| 2023 | 1.28x | CHF615.00 Million | CHF785.00 Million | ▲ +138.8% |
| 2022 | 0.53x | CHF724.00 Million | CHF387.00 Million | ▲ +135.2% |
| 2021 | 0.23x | CHF1.30 Billion | CHF295.00 Million | ▼ -25.2% |
| 2020 | 0.30x | CHF819.00 Million | CHF249.00 Million | ▼ -16.6% |
| 2019 | 0.36x | CHF1.22 Billion | CHF446.00 Million | ▼ -21.4% |
| 2018 | 0.46x | CHF943.00 Million | CHF437.00 Million | ▲ +47.9% |
| 2017 | 0.31x | CHF1.26 Billion | CHF396.00 Million | ▼ -37.2% |
| 2016 | 0.50x | CHF1.01 Billion | CHF504.00 Million | ▲ +16.4% |
| 2015 | 0.43x | CHF1.40 Billion | CHF602.00 Million | ▼ -23.8% |
| 2014 | 0.56x | CHF1.85 Billion | CHF1.04 Billion | ▲ +28.3% |
| 2013 | 0.44x | CHF1.31 Billion | CHF574.00 Million | ▼ -8.2% |
| 2012 | 0.48x | CHF999.00 Million | CHF477.00 Million | ▼ -14.3% |
| 2011 | 0.56x | CHF705.00 Million | CHF393.00 Million | ▲ +159.2% |
| 2010 | 0.22x | CHF1.35 Billion | CHF291.00 Million | ▼ -24.0% |
| 2009 | 0.28x | CHF890.00 Million | CHF252.00 Million | ▼ -55.3% |
| 2008 | 0.63x | CHF511.00 Million | CHF324.00 Million | ▲ +47.2% |
| 2007 | 0.43x | CHF875.00 Million | CHF377.00 Million | ▲ +38.5% |
| 2006 | 0.31x | CHF884.00 Million | CHF275.00 Million | ▲ +19.3% |
| 2005 | 0.26x | CHF790.00 Million | CHF206.00 Million | ▼ -42.0% |
| 2004 | 0.45x | CHF683.00 Million | CHF307.00 Million | ▲ +23.1% |
| 2003 | 0.37x | CHF627.00 Million | CHF229.00 Million | ▼ -25.4% |
| 2002 | 0.49x | CHF566.00 Million | CHF277.00 Million | ▲ +988.9% |
| 2001 | 0.04x | CHF623.00 Million | CHF28.00 Million | ▼ -88.3% |
| 2000 | 0.39x | CHF600.00 Million | CHF231.00 Million | ▲ +23.7% |
| 1999 | 0.31x | CHF601.00 Million | CHF187.00 Million | ▼ -46.8% |
| 1998 | 0.58x | CHF409.00 Million | CHF239.00 Million | ▲ +34.1% |
| 1997 | 0.44x | CHF420.00 Million | CHF183.00 Million | — |