Nestlé S.A (NESM) — Cash Flow Reinvestment Rate

Latest as of December 2022: 0.49x

Nestlé S.A (NESM) has a Cash Flow Reinvestment Rate of 0.49x as of December 2022, reinvesting €1.96 Billion (capex €1.36 Billion plus investments €-596.50 Million) from operating cash flow of €3.99 Billion. See Nestlé S.A free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.49x
(Capex + Investments) / Operating CF

Total Reinvested

€1.96 Billion
Capex + Investments

Operating Cash Flow

€3.99 Billion
EUR

Capital Expenditures

€1.36 Billion
EUR

Nestlé S.A Cash Flow Reinvestment Rate (2013–2024)

Historical reinvestment intensity for Nestlé S.A across 12 annual periods. For the full cash flow conversion analysis, see Nestlé S.A (NESM) cash flow conversion.

Annual Cash Flow Reinvestment Rate for Nestlé S.A (2013–2024)

Year-by-year capital reinvestment analysis for Nestlé S.A. See NESM FCF to total liabilities ratio 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
2024 0.87x €14.59 Billion €16.68 Billion €5.96 Billion ▲ +12.5%
2023 0.78x €12.40 Billion €15.94 Billion €6.20 Billion ▼ -8.1%
2022 0.85x €10.08 Billion €11.91 Billion €5.09 Billion ▲ +19.2%
2021 0.71x €9.85 Billion €13.86 Billion €4.88 Billion ▲ +104.0%
2020 0.35x €5.01 Billion €14.38 Billion €4.08 Billion ▼ -10.0%
2019 0.39x €6.13 Billion €15.85 Billion €3.69 Billion ▼ -28.2%
2018 0.54x €8.30 Billion €15.40 Billion €3.87 Billion ▲ +74.5%
2017 0.31x €4.38 Billion €14.20 Billion €3.94 Billion ▼ -55.5%
2016 0.69x €10.81 Billion €15.58 Billion €4.69 Billion ▲ +128.2%
2015 0.30x €4.35 Billion €14.30 Billion €3.87 Billion ▼ -36.4%
2014 0.48x €7.03 Billion €14.70 Billion €3.91 Billion ▼ -6.9%
2013 0.51x €7.70 Billion €14.99 Billion €4.93 Billion —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow