Telecom Argentina (TECO2) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.78x

Telecom Argentina (TECO2) has a Cash Flow Reinvestment Rate of 0.78x as of December 2025, reinvesting AR$849.66 Billion (capex AR$714.68 Billion plus investments AR$134.97 Billion) from operating cash flow of AR$1.09 Trillion. See Telecom Argentina free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.78x
(Capex + Investments) / Operating CF

Total Reinvested

AR$849.66 Billion
Capex + Investments

Operating Cash Flow

AR$1.09 Trillion
ARS

Capital Expenditures

AR$714.68 Billion
ARS

Telecom Argentina Cash Flow Reinvestment Rate (2015–2025)

Historical reinvestment intensity for Telecom Argentina across 11 annual periods. For the full cash flow conversion analysis, see TECO2 cash generation efficiency.

Annual Cash Flow Reinvestment Rate for Telecom Argentina (2015–2025)

Year-by-year capital reinvestment analysis for Telecom Argentina. See TECO2 financial flexibility score 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 0.62x AR$1.49 Trillion AR$2.39 Trillion AR$1.49 Trillion ▲ +27.3%
2024 0.49x AR$398.15 Billion AR$811.50 Billion AR$394.21 Billion ▼ -71.3%
2023 1.71x AR$1.06 Trillion AR$617.70 Billion AR$463.51 Billion ▲ +127.2%
2022 0.75x AR$161.21 Billion AR$214.02 Billion AR$117.25 Billion ▲ +0.0%
2021 0.75x AR$161.21 Billion AR$214.02 Billion AR$117.25 Billion ▲ +0.0%
2020 0.75x AR$161.21 Billion AR$214.02 Billion AR$117.25 Billion ▲ +12.3%
2019 0.67x AR$112.92 Billion AR$168.36 Billion AR$101.04 Billion ▼ -40.4%
2018 1.13x AR$79.20 Billion AR$70.38 Billion AR$64.64 Billion ▲ +19.1%
2017 0.94x AR$33.15 Billion AR$35.10 Billion AR$29.41 Billion ▲ +8.2%
2016 0.87x AR$22.68 Billion AR$25.98 Billion AR$11.34 Billion ▲ +20.4%
2015 0.72x AR$4.72 Billion AR$6.51 Billion AR$4.34 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow