SES S.A (SES) — Cash Flow Reinvestment Rate
Latest as of December 2025:
0.60x
SES S.A (SES) has a Cash Flow Reinvestment Rate of 0.60x as of December 2025, reinvesting €548.00 Million (capex €548.00 Million ) from operating cash flow of €908.00 Million. Explore SES S.A capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
0.60x
(Capex + Investments) / Operating CF
Total Reinvested
€548.00 Million
Capex + Investments
Operating Cash Flow
€908.00 Million
EUR
Capital Expenditures
€548.00 Million
EUR
SES S.A Cash Flow Reinvestment Rate (2016–2025)
Historical reinvestment intensity for SES S.A across 10 annual periods. Also explore SES current and non-current assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for SES S.A (2016–2025)
Year-by-year capital reinvestment analysis for SES S.A. For live market cap and broader valuation context, see market value of SES S.A.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.60x | €548.00 Million | €908.00 Million | €548.00 Million | ▲ +31.4% |
| 2024 | 0.46x | €462.00 Million | €1.01 Billion | €303.00 Million | ▲ +106.2% |
| 2023 | 0.22x | €775.00 Million | €3.48 Billion | €405.00 Million | ▼ -89.4% |
| 2022 | 2.11x | €3.11 Billion | €1.48 Billion | €1.31 Billion | ▲ +418.3% |
| 2021 | 0.41x | €526.00 Million | €1.29 Billion | €243.00 Million | ▲ +9.9% |
| 2020 | 0.37x | €388.00 Million | €1.05 Billion | €171.00 Million | ▼ -28.5% |
| 2019 | 0.52x | €586.80 Million | €1.13 Billion | €279.00 Million | ▲ +111.1% |
| 2018 | 0.25x | €292.00 Million | €1.19 Billion | €290.80 Million | ▼ -32.6% |
| 2017 | 0.36x | €454.80 Million | €1.25 Billion | €446.10 Million | ▼ -76.9% |
| 2016 | 1.57x | €2.00 Billion | €1.27 Billion | €620.00 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow