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. Check SES S.A (SES) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
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. Explore SES S.A cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
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 cap 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