Covestro AG (1COV) — Capital Reinvestment Ratio
Covestro AG (1COV) has a Capital Reinvestment Ratio of 0.66x as of September 2025, meaning it reinvests 1% of its operating cash flow (€291.00 Million) in capital expenditures (€191.00 Million). Check tangible equity quality of Covestro AG to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Covestro AG Capital Reinvestment Ratio (2012–2024)
This chart tracks Covestro AG's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see Covestro AG cash conversion from operations.
Annual Capital Reinvestment Ratio for Covestro AG (2012–2024)
Year-by-year Capital Reinvestment Ratio for Covestro AG from 2012 to 2024. See Covestro AG free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.90x | €870.00 Million | €781.00 Million | ▲ +17.0% |
| 2023 | 0.77x | €997.00 Million | €765.00 Million | ▼ -10.5% |
| 2022 | 0.86x | €970.00 Million | €832.00 Million | ▲ +146.2% |
| 2021 | 0.35x | €2.19 Billion | €764.00 Million | ▼ -38.9% |
| 2020 | 0.57x | €1.23 Billion | €704.00 Million | ▼ -13.3% |
| 2019 | 0.66x | €1.38 Billion | €910.00 Million | ▲ +121.1% |
| 2018 | 0.30x | €2.38 Billion | €707.00 Million | ▲ +35.6% |
| 2017 | 0.22x | €2.36 Billion | €518.00 Million | ▼ -6.5% |
| 2016 | 0.23x | €1.79 Billion | €419.00 Million | ▼ -32.1% |
| 2015 | 0.35x | €1.47 Billion | €509.00 Million | ▼ -47.8% |
| 2014 | 0.66x | €925.00 Million | €612.00 Million | ▲ +13.3% |
| 2013 | 0.58x | €998.00 Million | €583.00 Million | ▼ -24.9% |
| 2012 | 0.78x | €814.00 Million | €633.00 Million | — |