Heidelberg Materials AG (HEI) — Capital Reinvestment Ratio
Heidelberg Materials AG (HEI) has a Capital Reinvestment Ratio of 0.43x as of December 2025, meaning it reinvests 0% of its operating cash flow (€3.25 Billion) in capital expenditures (€1.41 Billion). See Heidelberg Materials AG net asset quality index to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Heidelberg Materials AG Capital Reinvestment Ratio (2002–2025)
This chart tracks Heidelberg Materials AG's Capital Reinvestment Ratio across 24 annual periods. Check HEI cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Heidelberg Materials AG (2002–2025)
Year-by-year Capital Reinvestment Ratio for Heidelberg Materials AG from 2002 to 2025. For live market cap and broader valuation context, see market cap of Heidelberg Materials AG.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.42x | €3.25 Billion | €1.36 Billion | ▲ +2.4% |
| 2024 | 0.41x | €3.23 Billion | €1.32 Billion | ▼ -1.3% |
| 2023 | 0.41x | €3.21 Billion | €1.33 Billion | ▼ -24.8% |
| 2022 | 0.55x | €2.42 Billion | €1.34 Billion | ▼ -6.9% |
| 2021 | 0.59x | €2.40 Billion | €1.42 Billion | ▲ +85.0% |
| 2020 | 0.32x | €3.03 Billion | €969.30 Million | ▼ -27.9% |
| 2019 | 0.44x | €2.66 Billion | €1.18 Billion | ▼ -17.6% |
| 2018 | 0.54x | €1.97 Billion | €1.06 Billion | ▲ +6.1% |
| 2017 | 0.51x | €2.04 Billion | €1.04 Billion | ▼ -8.4% |
| 2016 | 0.55x | €1.87 Billion | €1.04 Billion | ▼ -11.4% |
| 2015 | 0.63x | €1.45 Billion | €907.70 Million | ▼ -1.5% |
| 2014 | 0.64x | €1.48 Billion | €941.20 Million | ▼ -28.2% |
| 2013 | 0.89x | €1.06 Billion | €936.40 Million | ▲ +61.2% |
| 2012 | 0.55x | €1.51 Billion | €831.40 Million | ▼ -16.3% |
| 2011 | 0.66x | €1.33 Billion | €874.40 Million | ▲ +2.3% |
| 2010 | 0.64x | €1.14 Billion | €734.00 Million | ▼ -6.2% |
| 2009 | 0.68x | €1.16 Billion | €795.78 Million | ▼ -5.4% |
| 2008 | 0.72x | €1.52 Billion | €1.10 Billion | ▲ +32.9% |
| 2007 | 0.54x | €1.91 Billion | €1.04 Billion | ▲ +21.7% |
| 2006 | 0.45x | €1.26 Billion | €562.20 Million | ▼ -35.2% |
| 2005 | 0.69x | €795.02 Million | €548.12 Million | ▲ +38.5% |
| 2004 | 0.50x | €937.35 Million | €466.49 Million | ▼ -14.9% |
| 2003 | 0.58x | €660.22 Million | €386.15 Million | ▲ +20.9% |
| 2002 | 0.48x | €944.84 Million | €457.24 Million | — |