Telefónica S.A (TNE2) — Cash Flow Reinvestment Rate
Telefónica S.A (TNE2) has a Cash Flow Reinvestment Rate of 0.47x as of September 2023, reinvesting €1.39 Billion (capex €1.36 Billion plus investments €-36.00 Million) from operating cash flow of €2.95 Billion. Explore Telefónica S.A (TNE2) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Telefónica S.A Cash Flow Reinvestment Rate (2016–2022)
Historical reinvestment intensity for Telefónica S.A across 7 annual periods. Also explore Telefónica S.A balance sheet assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Telefónica S.A (2016–2022)
Year-by-year capital reinvestment analysis for Telefónica S.A. For live market cap and broader valuation context, see TNE2 market cap overview.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2022 | 0.57x | €6.65 Billion | €11.76 Billion | €6.35 Billion | ▼ -14.9% |
| 2021 | 0.66x | €6.83 Billion | €10.27 Billion | €6.73 Billion | ▲ +16.1% |
| 2020 | 0.57x | €7.55 Billion | €13.20 Billion | €7.53 Billion | ▲ +0.8% |
| 2019 | 0.57x | €8.53 Billion | €15.02 Billion | €8.41 Billion | ▼ -13.7% |
| 2018 | 0.66x | €8.84 Billion | €13.42 Billion | €8.78 Billion | ▼ -1.5% |
| 2017 | 0.67x | €9.21 Billion | €13.80 Billion | €9.14 Billion | ▼ -48.8% |
| 2016 | 1.30x | €17.39 Billion | €13.34 Billion | €9.19 Billion | — |