Henkel AG & Co. KGaA (HEN) — Capital Reinvestment Ratio
Henkel AG & Co. KGaA (HEN) has a Capital Reinvestment Ratio of 0.36x as of June 2026, meaning it reinvests 0% of its operating cash flow (€868.00 Million) in capital expenditures (€316.00 Million). Check HEN intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Henkel AG & Co. KGaA Capital Reinvestment Ratio (1997–2025)
This chart tracks Henkel AG & Co. KGaA's Capital Reinvestment Ratio across 29 annual periods. For the full cash flow conversion analysis, see HEN cash flow metrics.
Annual Capital Reinvestment Ratio for Henkel AG & Co. KGaA (1997–2025)
Year-by-year Capital Reinvestment Ratio for Henkel AG & Co. KGaA from 1997 to 2025. See HEN FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.28x | €2.52 Billion | €693.00 Million | ▲ +37.2% |
| 2024 | 0.20x | €3.12 Billion | €626.00 Million | ▲ +7.4% |
| 2023 | 0.19x | €3.25 Billion | €608.00 Million | ▼ -60.7% |
| 2022 | 0.48x | €1.25 Billion | €593.00 Million | ▲ +57.4% |
| 2021 | 0.30x | €2.14 Billion | €647.00 Million | ▲ +30.2% |
| 2020 | 0.23x | €3.08 Billion | €715.00 Million | ▲ +11.1% |
| 2019 | 0.21x | €3.24 Billion | €677.00 Million | ▼ -34.0% |
| 2018 | 0.32x | €2.64 Billion | €837.00 Million | ▲ +10.1% |
| 2017 | 0.29x | €2.43 Billion | €700.00 Million | ▲ +46.8% |
| 2016 | 0.20x | €2.84 Billion | €557.00 Million | ▼ -26.1% |
| 2015 | 0.26x | €2.36 Billion | €625.00 Million | ▼ -4.5% |
| 2014 | 0.28x | €1.91 Billion | €531.00 Million | ▲ +45.3% |
| 2013 | 0.19x | €2.12 Billion | €404.00 Million | ▲ +28.0% |
| 2012 | 0.15x | €2.63 Billion | €393.00 Million | ▼ -40.7% |
| 2011 | 0.25x | €1.56 Billion | €393.00 Million | ▲ +81.9% |
| 2010 | 0.14x | €1.85 Billion | €256.00 Million | ▼ -67.3% |
| 2009 | 0.42x | €1.17 Billion | €493.00 Million | ▲ +0.0% |
| 2008 | 0.42x | €1.17 Billion | €493.00 Million | ▲ +9.6% |
| 2007 | 0.39x | €1.32 Billion | €510.00 Million | ▼ -8.7% |
| 2006 | 0.42x | €1.13 Billion | €478.00 Million | ▲ +21.6% |
| 2005 | 0.35x | €1.25 Billion | €436.00 Million | ▼ -91.5% |
| 2004 | 4.11x | €923.00 Million | €3.79 Billion | ▲ +517.1% |
| 2003 | 0.67x | €520.00 Million | €346.00 Million | ▲ +19.4% |
| 2002 | 0.56x | €863.00 Million | €481.00 Million | ▼ -24.1% |
| 2001 | 0.73x | €1.27 Billion | €935.00 Million | ▼ -4.0% |
| 2000 | 0.77x | €707.00 Million | €541.00 Million | ▲ +96.9% |
| 1999 | 0.39x | €1.23 Billion | €476.00 Million | ▼ -41.4% |
| 1998 | 0.66x | €848.06 Million | €562.13 Million | ▲ +19.7% |
| 1997 | 0.55x | €899.99 Million | €498.53 Million | — |