AENA SME UNSP.ADR/1/10 (A440) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.43x

AENA SME UNSP.ADR/1/10 (A440) has a Cash Flow Reinvestment Rate of 0.43x as of June 2026, reinvesting €293.64 Million (capex €273.50 Million plus investments €20.15 Million) from operating cash flow of €690.06 Million. See how much free cash does AENA SME UNSP.ADR/1/10 generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.43x
(Capex + Investments) / Operating CF

Total Reinvested

€293.64 Million
Capex + Investments

Operating Cash Flow

€690.06 Million
EUR

Capital Expenditures

€273.50 Million
EUR

AENA SME UNSP.ADR/1/10 Cash Flow Reinvestment Rate (2021–2025)

Historical reinvestment intensity for AENA SME UNSP.ADR/1/10 across 5 annual periods. For the full cash flow conversion analysis, see AENA SME UNSP.ADR/1/10 operating cash flow efficiency.

Annual Cash Flow Reinvestment Rate for AENA SME UNSP.ADR/1/10 (2021–2025)

Year-by-year capital reinvestment analysis for AENA SME UNSP.ADR/1/10. See financial agility of AENA SME UNSP.ADR/1/10 to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 0.51x €1.43 Billion €2.79 Billion €1.06 Billion ▲ +68.2%
2024 0.30x €835.04 Million €2.75 Billion €823.00 Million ▼ -53.7%
2023 0.66x €1.46 Billion €2.22 Billion €1.38 Billion ▲ +60.0%
2022 0.41x €763.58 Million €1.86 Billion €727.69 Million ▼ -83.1%
2021 2.43x €680.55 Million €280.47 Million €671.08 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow