Enel SpA (ENLA) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.58x

Enel SpA (ENLA) has a Cash Flow Reinvestment Rate of 0.58x as of December 2025, reinvesting €2.79 Billion (capex €2.79 Billion ) from operating cash flow of €4.83 Billion. Check Enel SpA earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.58x
(Capex + Investments) / Operating CF

Total Reinvested

€2.79 Billion
Capex + Investments

Operating Cash Flow

€4.83 Billion
EUR

Capital Expenditures

€2.79 Billion
EUR

Enel SpA Cash Flow Reinvestment Rate (2016–2025)

Historical reinvestment intensity for Enel SpA across 10 annual periods. Explore Enel SpA cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Annual Cash Flow Reinvestment Rate for Enel SpA (2016–2025)

Year-by-year capital reinvestment analysis for Enel SpA. For live market cap and broader valuation context, see Enel SpA market cap and net worth.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 0.69x €9.63 Billion €13.93 Billion €9.63 Billion ▼ -35.9%
2024 1.08x €14.27 Billion €13.22 Billion €10.17 Billion ▼ -32.5%
2023 1.60x €23.38 Billion €14.62 Billion €12.77 Billion ▼ -48.4%
2022 3.10x €26.87 Billion €8.67 Billion €13.24 Billion ▲ +45.6%
2021 2.13x €21.42 Billion €10.07 Billion €10.54 Billion ▲ +32.7%
2020 1.60x €18.45 Billion €11.51 Billion €8.33 Billion ▲ +3.9%
2019 1.54x €17.35 Billion €11.25 Billion €8.24 Billion ▲ +3.1%
2018 1.50x €16.57 Billion €11.07 Billion €6.91 Billion ▼ -8.3%
2017 1.63x €16.52 Billion €10.12 Billion €7.23 Billion ▼ -5.1%
2016 1.72x €16.93 Billion €9.85 Billion €8.84 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow