Naturgy BAN SA (GBAN) — Cash Flow Reinvestment Rate
Naturgy BAN SA (GBAN) has a Cash Flow Reinvestment Rate of 0.13x as of June 2026, reinvesting AR$13.48 Billion (capex AR$13.48 Billion ) from operating cash flow of AR$104.68 Billion. See GBAN free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see Naturgy BAN SA operating cash flow efficiency.
Annual Cash Flow Reinvestment Rate for Naturgy BAN SA (2015–2025)
Year-by-year capital reinvestment analysis for Naturgy BAN SA. See financial flexibility index of Naturgy BAN SA to measure the company's free cash flow as a share of total liabilities.
| 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 | — |