Volkswagen AG (VOW) — Capital Reinvestment Ratio
Latest as of March 2026:
0.96x
Volkswagen AG (VOW) has a Capital Reinvestment Ratio of 0.96x as of March 2026, meaning it reinvests 1% of its operating cash flow (€5.21 Billion) in capital expenditures (€5.03 Billion). See how much free cash does Volkswagen AG generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.96x
Capex / Operating Cash Flow
Operating Cash Flow
€5.21 Billion
EUR
Capital Expenditures
€5.03 Billion
EUR
Data as of
Mar 2026
Most recent filing
Volkswagen AG Capital Reinvestment Ratio (2000–2025)
This chart tracks Volkswagen AG's Capital Reinvestment Ratio across 25 annual periods.
Annual Capital Reinvestment Ratio for Volkswagen AG (2000–2025)
Year-by-year Capital Reinvestment Ratio for Volkswagen AG from 2000 to 2025. For live market cap and broader valuation context, see Volkswagen AG (VOW) total market value.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.62x | €15.01 Billion | €24.35 Billion | ▲ +1.4% |
| 2024 | 1.60x | €17.15 Billion | €27.45 Billion | ▲ +20.1% |
| 2023 | 1.33x | €19.36 Billion | €25.80 Billion | ▲ +67.5% |
| 2022 | 0.80x | €28.50 Billion | €22.67 Billion | ▲ +66.2% |
| 2021 | 0.48x | €38.63 Billion | €18.50 Billion | ▼ -32.8% |
| 2020 | 0.71x | €24.90 Billion | €17.75 Billion | ▼ -33.9% |
| 2019 | 1.08x | €17.98 Billion | €19.40 Billion | ▼ -58.6% |
| 2018 | 2.61x | €7.27 Billion | €18.96 Billion | ▲ +30.1% |
| 2016 | 2.00x | €9.43 Billion | €18.90 Billion | ▲ +50.4% |
| 2015 | 1.33x | €13.68 Billion | €18.23 Billion | ▼ -13.5% |
| 2014 | 1.54x | €10.78 Billion | €16.61 Billion | ▲ +25.9% |
| 2013 | 1.22x | €12.60 Billion | €15.41 Billion | ▼ -32.7% |
| 2012 | 1.82x | €7.21 Billion | €13.11 Billion | ▲ +58.5% |
| 2011 | 1.15x | €8.50 Billion | €9.75 Billion | ▲ +77.0% |
| 2010 | 0.65x | €11.46 Billion | €7.42 Billion | ▲ +4.4% |
| 2009 | 0.62x | €12.74 Billion | €7.91 Billion | ▼ -86.2% |
| 2008 | 4.50x | €2.70 Billion | €12.15 Billion | ▲ +696.3% |
| 2007 | 0.56x | €15.66 Billion | €8.85 Billion | ▲ +5.7% |
| 2006 | 0.53x | €14.47 Billion | €7.73 Billion | ▼ -35.1% |
| 2005 | 0.82x | €10.71 Billion | €8.82 Billion | ▲ +4.9% |
| 2004 | 0.78x | €11.46 Billion | €8.99 Billion | ▼ -26.1% |
| 2003 | 1.06x | €8.37 Billion | €8.89 Billion | ▲ +19.6% |
| 2002 | 0.89x | €10.46 Billion | €9.29 Billion | ▲ +1.3% |
| 2001 | 0.88x | €10.04 Billion | €8.80 Billion | ▲ +9.2% |
| 2000 | 0.80x | €9.21 Billion | €7.39 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow