TELEFONICA BRASIL ADR 1 (TSPA) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.68x

TELEFONICA BRASIL ADR 1 (TSPA) has a Cash Flow Reinvestment Rate of 0.68x as of December 2025, reinvesting €3.51 Billion (capex €2.44 Billion plus investments €-1.07 Billion) from operating cash flow of €5.14 Billion. Explore TELEFONICA BRASIL ADR 1 (TSPA) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.68x
(Capex + Investments) / Operating CF

Total Reinvested

€3.51 Billion
Capex + Investments

Operating Cash Flow

€5.14 Billion
EUR

Capital Expenditures

€2.44 Billion
EUR

TELEFONICA BRASIL ADR 1 Cash Flow Reinvestment Rate (2021–2025)

Historical reinvestment intensity for TELEFONICA BRASIL ADR 1 across 5 annual periods. Also explore TELEFONICA BRASIL ADR 1 assets under control for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for TELEFONICA BRASIL ADR 1 (2021–2025)

Year-by-year capital reinvestment analysis for TELEFONICA BRASIL ADR 1. For live market cap and broader valuation context, see TSPA market cap overview.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 0.51x €10.61 Billion €20.72 Billion €9.46 Billion ▲ +7.4%
2024 0.48x €9.48 Billion €19.88 Billion €9.32 Billion ▼ -0.5%
2023 0.48x €9.01 Billion €18.79 Billion €8.81 Billion ▼ -10.3%
2022 0.53x €10.13 Billion €18.94 Billion €9.89 Billion ▲ +1.3%
2021 0.53x €9.54 Billion €18.07 Billion €9.30 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow