Voestalpine AG (VOE) — Capital Reinvestment Ratio
Voestalpine AG (VOE) has a Capital Reinvestment Ratio of 0.77x as of December 2025, meaning it reinvests 1% of its operating cash flow (€317.30 Million) in capital expenditures (€245.70 Million). Check tangible equity quality of Voestalpine AG to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Voestalpine AG Capital Reinvestment Ratio (2016–2025)
This chart tracks Voestalpine AG's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see VOE cash generation efficiency.
Annual Capital Reinvestment Ratio for Voestalpine AG (2016–2025)
Year-by-year Capital Reinvestment Ratio for Voestalpine AG from 2016 to 2025. See free cash flow generation of Voestalpine AG to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.78x | €1.42 Billion | €1.11 Billion | ▲ +4.4% |
| 2024 | 0.75x | €1.45 Billion | €1.08 Billion | ▼ -5.0% |
| 2023 | 0.79x | €956.20 Million | €752.10 Million | ▲ +49.5% |
| 2022 | 0.53x | €1.24 Billion | €654.00 Million | ▲ +43.4% |
| 2021 | 0.37x | €1.63 Billion | €599.30 Million | ▼ -36.0% |
| 2020 | 0.57x | €1.30 Billion | €747.90 Million | ▼ -36.0% |
| 2019 | 0.90x | €1.17 Billion | €1.05 Billion | ▲ +26.0% |
| 2018 | 0.71x | €1.20 Billion | €850.20 Million | ▼ -23.4% |
| 2017 | 0.93x | €1.15 Billion | €1.07 Billion | ▼ -7.3% |
| 2016 | 1.00x | €1.28 Billion | €1.28 Billion | — |