Eni S.p.A (ENI1) — Cash Flow Reinvestment Rate

Latest as of March 2026: 1.77x

Eni S.p.A (ENI1) has a Cash Flow Reinvestment Rate of 1.77x as of March 2026, reinvesting €2.52 Billion (capex €2.43 Billion plus investments €-89.00 Million) from operating cash flow of €1.43 Billion. See how much free cash does Eni S.p.A generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.77x
(Capex + Investments) / Operating CF

Total Reinvested

€2.52 Billion
Capex + Investments

Operating Cash Flow

€1.43 Billion
EUR

Capital Expenditures

€2.43 Billion
EUR

Eni S.p.A Cash Flow Reinvestment Rate (2016–2025)

Historical reinvestment intensity for Eni S.p.A across 10 annual periods. For the full cash flow conversion analysis, see ENI1 cash flow conversion.

Annual Cash Flow Reinvestment Rate for Eni S.p.A (2016–2025)

Year-by-year capital reinvestment analysis for Eni S.p.A. See Eni S.p.A (ENI1) flexibility index 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 0.83x €11.11 Billion €13.33 Billion €9.23 Billion ▲ +15.9%
2024 0.72x €9.41 Billion €13.09 Billion €8.49 Billion ▼ -41.6%
2023 1.23x €19.12 Billion €15.54 Billion €9.32 Billion ▲ +163.7%
2022 0.47x €8.15 Billion €17.46 Billion €7.70 Billion ▼ -42.6%
2021 0.81x €10.46 Billion €12.86 Billion €4.95 Billion ▼ -25.5%
2020 1.09x €5.27 Billion €4.82 Billion €4.41 Billion ▲ +19.4%
2019 0.91x €11.33 Billion €12.39 Billion €8.05 Billion ▲ +42.2%
2018 0.64x €8.78 Billion €13.65 Billion €8.78 Billion ▼ -26.1%
2017 0.87x €8.80 Billion €10.12 Billion €8.49 Billion ▼ -45.3%
2016 1.59x €13.62 Billion €8.56 Billion €9.18 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow