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. See Telefónica S.A (TNE2) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see Telefónica S.A cash flow conversion.
Annual Cash Flow Reinvestment Rate for Telefónica S.A (2016–2022)
Year-by-year capital reinvestment analysis for Telefónica S.A. See how financially flexible is Telefónica S.A 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 |
|---|---|---|---|---|---|
| 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 | — |