Telecom Argentina S.A (TEO) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.78x

Telecom Argentina S.A (TEO) has a Cash Flow Reinvestment Rate of 0.78x as of December 2025, reinvesting €849.66 Billion (capex €714.68 Billion plus investments €134.97 Billion) from operating cash flow of €1.09 Trillion. See Telecom Argentina S.A free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.78x
(Capex + Investments) / Operating CF

Total Reinvested

€849.66 Billion
Capex + Investments

Operating Cash Flow

€1.09 Trillion
EUR

Capital Expenditures

€714.68 Billion
EUR

Telecom Argentina S.A Cash Flow Reinvestment Rate (2016–2025)

Historical reinvestment intensity for Telecom Argentina S.A across 10 annual periods. For the full cash flow conversion analysis, see how efficiently does Telecom Argentina S.A generate cash.

Annual Cash Flow Reinvestment Rate for Telecom Argentina S.A (2016–2025)

Year-by-year capital reinvestment analysis for Telecom Argentina S.A. See TEO financial flexibility index 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 0.62x €1.49 Trillion €2.39 Trillion €1.49 Trillion ▲ +27.3%
2024 0.49x €398.15 Billion €811.50 Billion €394.21 Billion ▼ -71.3%
2023 1.71x €1.06 Trillion €617.70 Billion €463.51 Billion ▲ +127.2%
2022 0.75x €161.21 Billion €214.02 Billion €117.25 Billion ▲ +0.0%
2021 0.75x €161.21 Billion €214.02 Billion €117.25 Billion ▲ +0.0%
2020 0.75x €161.21 Billion €214.02 Billion €117.25 Billion ▲ +12.3%
2019 0.67x €112.92 Billion €168.36 Billion €101.04 Billion ▼ -40.4%
2018 1.13x €79.20 Billion €70.38 Billion €64.64 Billion ▲ +19.1%
2017 0.94x €33.15 Billion €35.10 Billion €29.41 Billion ▲ +8.2%
2016 0.87x €22.68 Billion €25.98 Billion €11.34 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow