Naturgy BAN SA (GBAN) — Cash Flow Reinvestment Rate
Naturgy BAN SA (GBAN) has a Cash Flow Reinvestment Rate of 0.73x as of December 2025, reinvesting AR$23.03 Billion (capex AR$23.03 Billion ) from operating cash flow of AR$31.69 Billion. Explore Naturgy BAN SA capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Naturgy BAN SA Cash Flow Reinvestment Rate (2015–2025)
Historical reinvestment intensity for Naturgy BAN SA across 10 annual periods. Also explore how large is Naturgy BAN SA's balance sheet for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Naturgy BAN SA (2015–2025)
Year-by-year capital reinvestment analysis for Naturgy BAN SA. For live market cap and broader valuation context, see Naturgy BAN SA (GBAN) total market value.
| Year | Reinvestment Rate | Total Reinvested (ARS) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.33x | AR$56.39 Billion | AR$170.31 Billion | AR$56.39 Billion | ▼ -30.1% |
| 2024 | 0.47x | AR$59.48 Billion | AR$125.50 Billion | AR$33.98 Billion | ▲ +26.4% |
| 2023 | 0.38x | AR$45.41 Billion | AR$121.08 Billion | AR$22.98 Billion | ▼ -46.8% |
| 2022 | 0.70x | AR$8.19 Billion | AR$11.62 Billion | AR$3.75 Billion | ▲ +16.4% |
| 2021 | 0.61x | AR$5.85 Billion | AR$9.67 Billion | AR$3.80 Billion | ▲ +7.4% |
| 2020 | 0.56x | AR$3.62 Billion | AR$6.43 Billion | AR$2.12 Billion | ▼ -48.7% |
| 2019 | 1.10x | AR$5.83 Billion | AR$5.31 Billion | AR$3.30 Billion | ▲ +54.6% |
| 2018 | 0.71x | AR$3.31 Billion | AR$4.66 Billion | AR$3.30 Billion | ▲ +35.7% |
| 2016 | 0.52x | AR$378.52 Million | AR$723.55 Million | AR$350.03 Million | ▲ +70.9% |
| 2015 | 0.31x | AR$250.41 Million | AR$817.83 Million | AR$239.78 Million | — |