Volkswagen AG VZO O.N. (VOW3) — Capital Reinvestment Ratio
Volkswagen AG VZO O.N. (VOW3) has a Capital Reinvestment Ratio of 0.79x as of September 2025, meaning it reinvests 1% of its operating cash flow (€6.75 Billion) in capital expenditures (€5.36 Billion). Check Volkswagen AG VZO O.N. (VOW3) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Volkswagen AG VZO O.N. Capital Reinvestment Ratio (2000–2024)
This chart tracks Volkswagen AG VZO O.N.'s Capital Reinvestment Ratio across 24 annual periods. For the full cash flow conversion analysis, see VOW3 cash flow conversion.
Annual Capital Reinvestment Ratio for Volkswagen AG VZO O.N. (2000–2024)
Year-by-year Capital Reinvestment Ratio for Volkswagen AG VZO O.N. from 2000 to 2024. See cash generation quality of Volkswagen AG VZO O.N. to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 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 | — |