Deutsche Telekom AG (DTEA) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.53x

Deutsche Telekom AG (DTEA) has a Cash Flow Reinvestment Rate of 0.53x as of December 2025, reinvesting €4.76 Billion (capex €4.67 Billion plus investments €-95.00 Million) from operating cash flow of €8.96 Billion. See Deutsche Telekom AG (DTEA) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.53x
(Capex + Investments) / Operating CF

Total Reinvested

€4.76 Billion
Capex + Investments

Operating Cash Flow

€8.96 Billion
EUR

Capital Expenditures

€4.67 Billion
EUR

Deutsche Telekom AG Cash Flow Reinvestment Rate (2016–2025)

Historical reinvestment intensity for Deutsche Telekom AG across 10 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Deutsche Telekom AG.

Annual Cash Flow Reinvestment Rate for Deutsche Telekom AG (2016–2025)

Year-by-year capital reinvestment analysis for Deutsche Telekom AG. See financial flexibility index of Deutsche Telekom AG 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 0.56x €22.79 Billion €40.63 Billion €19.26 Billion ▲ +14.1%
2024 0.49x €19.61 Billion €39.87 Billion €19.17 Billion ▼ -43.9%
2023 0.88x €32.50 Billion €37.07 Billion €19.61 Billion ▲ +62.3%
2022 0.54x €19.35 Billion €35.82 Billion €16.56 Billion ▲ +26.8%
2021 0.43x €13.71 Billion €32.17 Billion €13.62 Billion ▼ -23.3%
2020 0.56x €13.20 Billion €23.74 Billion €12.94 Billion ▲ +26.4%
2019 0.44x €10.15 Billion €23.07 Billion €9.98 Billion ▼ -15.4%
2018 0.52x €9.33 Billion €17.95 Billion €9.14 Billion ▼ -18.1%
2017 0.63x €10.91 Billion €17.20 Billion €9.15 Billion ▼ -63.8%
2016 1.75x €27.25 Billion €15.53 Billion €13.64 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow