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). See how leveraged is Polski Koncern Naftowy ORLEN SA's balance sheet to measure how much of total assets are equity-financed.
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. Check how aggressively does Polski Koncern Naftowy ORLEN SA reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
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 stock market capitalisation.
| 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 | — |