Polski Koncern Naftowy ORLEN SA (PKN) — Capital Reinvestment Ratio
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). Check Polski Koncern Naftowy ORLEN SA 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
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. For the full cash flow conversion analysis, see PKN cash generation efficiency.
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. See Polski Koncern Naftowy ORLEN SA free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |