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. See ENLA FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see Enel SpA cash conversion from operations.
Annual Cash Flow Reinvestment Rate for Enel SpA (2016–2025)
Year-by-year capital reinvestment analysis for Enel SpA. See ENLA free cash flow debt coverage 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 | 0.69x | €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