Polski Koncern Naftowy ORLEN SA (PKN) — Capital Reinvestment Ratio
Latest as of December 2025:
0.75x
Polski Koncern Naftowy ORLEN SA (PKN) has a Capital Reinvestment Ratio of 0.75x as of December 2025, meaning it reinvests 1% of its operating cash flow (zł12.91 Billion) in capital expenditures (zł9.66 Billion). See Polski Koncern Naftowy ORLEN SA free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.75x
Capex / Operating Cash Flow
Operating Cash Flow
zł12.91 Billion
PLN
Capital Expenditures
zł9.66 Billion
PLN
Data as of
Dec 2025
Most recent filing
Polski Koncern Naftowy ORLEN SA Capital Reinvestment Ratio (2004–2025)
This chart tracks Polski Koncern Naftowy ORLEN SA's Capital Reinvestment Ratio across 22 annual periods.
Annual Capital Reinvestment Ratio for Polski Koncern Naftowy ORLEN SA (2004–2025)
Year-by-year Capital Reinvestment Ratio for Polski Koncern Naftowy ORLEN SA from 2004 to 2025. For live market cap and broader valuation context, see PKN market cap overview.
| Year | Reinvestment Ratio | Operating CF (PLN) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.63x | zł47.22 Billion | zł29.93 Billion | ▼ -24.9% |
| 2024 | 0.84x | zł36.63 Billion | zł30.94 Billion | ▼ -2.8% |
| 2023 | 0.87x | zł41.91 Billion | zł36.40 Billion | ▲ +33.0% |
| 2022 | 0.65x | zł30.95 Billion | zł20.22 Billion | ▼ -22.6% |
| 2021 | 0.84x | zł13.29 Billion | zł11.22 Billion | ▼ -19.2% |
| 2020 | 1.04x | zł7.25 Billion | zł7.57 Billion | ▲ +118.8% |
| 2019 | 0.48x | zł9.32 Billion | zł4.45 Billion | ▼ -46.6% |
| 2018 | 0.89x | zł4.98 Billion | zł4.45 Billion | ▲ +78.3% |
| 2017 | 0.50x | zł8.05 Billion | zł4.04 Billion | ▼ -7.0% |
| 2016 | 0.54x | zł9.33 Billion | zł5.03 Billion | ▼ -6.2% |
| 2015 | 0.58x | zł5.35 Billion | zł3.08 Billion | ▼ -50.5% |
| 2014 | 1.16x | zł3.19 Billion | zł3.70 Billion | ▲ +174.3% |
| 2013 | 0.42x | zł5.67 Billion | zł2.40 Billion | ▼ -46.6% |
| 2012 | 0.79x | zł3.09 Billion | zł2.45 Billion | ▼ -91.8% |
| 2011 | 9.61x | zł264.64 Million | zł2.54 Billion | ▲ +1335.5% |
| 2010 | 0.67x | zł5.56 Billion | zł3.72 Billion | ▲ +12.7% |
| 2009 | 0.59x | zł4.50 Billion | zł2.67 Billion | ▼ -54.3% |
| 2008 | 1.30x | zł3.05 Billion | zł3.97 Billion | ▼ -52.3% |
| 2007 | 2.72x | zł1.36 Billion | zł3.69 Billion | ▲ +393.8% |
| 2006 | 0.55x | zł3.49 Billion | zł1.92 Billion | ▼ -4.8% |
| 2005 | 0.58x | zł3.50 Billion | zł2.03 Billion | ▲ +14.9% |
| 2004 | 0.50x | zł3.62 Billion | zł1.82 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow