Rheinmetall AG (RHM) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.11x

Rheinmetall AG (RHM) has a Cash Flow Reinvestment Rate of 0.11x as of December 2025, reinvesting €274.00 Million (capex €274.00 Million ) from operating cash flow of €2.50 Billion. See Rheinmetall AG free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.11x
(Capex + Investments) / Operating CF

Total Reinvested

€274.00 Million
Capex + Investments

Operating Cash Flow

€2.50 Billion
EUR

Capital Expenditures

€274.00 Million
EUR

Rheinmetall AG Cash Flow Reinvestment Rate (2013–2025)

Historical reinvestment intensity for Rheinmetall AG across 13 annual periods. For the full cash flow conversion analysis, see Rheinmetall AG cash conversion from operations.

Annual Cash Flow Reinvestment Rate for Rheinmetall AG (2013–2025)

Year-by-year capital reinvestment analysis for Rheinmetall AG. See Rheinmetall AG leverage flexibility 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
2025 0.38x €872.00 Million €2.29 Billion €872.00 Million ▼ -10.4%
2024 0.43x €732.00 Million €1.72 Billion €732.00 Million ▼ -40.1%
2023 0.71x €528.00 Million €743.00 Million €398.00 Million ▼ -86.0%
2022 5.07x €883.00 Million €174.00 Million €349.00 Million ▲ +712.4%
2021 0.62x €431.00 Million €690.00 Million €271.00 Million ▲ +10.1%
2020 0.57x €257.00 Million €453.00 Million €237.00 Million ▼ -8.2%
2019 0.62x €372.00 Million €602.00 Million €288.00 Million ▼ -49.1%
2018 1.21x €294.00 Million €242.00 Million €277.00 Million ▲ +90.6%
2017 0.64x €348.00 Million €546.00 Million €270.00 Million ▼ -60.6%
2016 1.62x €719.00 Million €444.00 Million €283.00 Million ▲ +52.5%
2015 1.06x €360.00 Million €339.00 Million €310.00 Million ▼ -67.6%
2014 3.27x €334.00 Million €102.00 Million €284.00 Million ▲ +186.7%
2013 1.14x €241.00 Million €211.00 Million €191.00 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow