Fortum Oyj (FORTUM) — Cash Flow Reinvestment Rate
Fortum Oyj (FORTUM) has a Cash Flow Reinvestment Rate of 3.57x as of December 2025, reinvesting €189.00 Million (capex €158.00 Million plus investments €-31.00 Million) from operating cash flow of €53.00 Million. Check Fortum Oyj cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Fortum Oyj Cash Flow Reinvestment Rate (1998–2025)
Historical reinvestment intensity for Fortum Oyj across 27 annual periods. Explore investment intensity of Fortum Oyj to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Fortum Oyj (1998–2025)
Year-by-year capital reinvestment analysis for Fortum Oyj. For live market cap and broader valuation context, see Fortum Oyj market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.70x | €587.00 Million | €840.00 Million | €499.00 Million | ▼ -9.6% |
| 2024 | 0.77x | €1.08 Billion | €1.39 Billion | €472.00 Million | ▼ -79.8% |
| 2023 | 3.83x | €6.97 Billion | €1.82 Billion | €576.00 Million | ▲ +373.5% |
| 2021 | 0.81x | €4.03 Billion | €4.97 Billion | €1.18 Billion | ▼ -31.8% |
| 2020 | 1.19x | €3.03 Billion | €2.56 Billion | €1.10 Billion | ▲ +218.6% |
| 2019 | 0.37x | €751.00 Million | €2.02 Billion | €695.00 Million | ▼ -93.3% |
| 2018 | 5.55x | €4.46 Billion | €804.00 Million | €579.00 Million | ▲ +306.8% |
| 2017 | 1.36x | €1.35 Billion | €993.00 Million | €657.00 Million | ▼ -63.2% |
| 2016 | 3.70x | €2.30 Billion | €621.00 Million | €599.00 Million | ▲ +843.7% |
| 2015 | 0.39x | €542.00 Million | €1.38 Billion | €527.00 Million | ▼ -32.1% |
| 2014 | 0.58x | €1.02 Billion | €1.76 Billion | €768.00 Million | ▼ -16.5% |
| 2013 | 0.69x | €1.27 Billion | €1.84 Billion | €1.27 Billion | ▼ -32.7% |
| 2012 | 1.03x | €1.42 Billion | €1.38 Billion | €1.42 Billion | ▲ +29.2% |
| 2011 | 0.80x | €1.28 Billion | €1.61 Billion | €1.28 Billion | ▲ +1.0% |
| 2010 | 0.79x | €1.13 Billion | €1.44 Billion | €1.13 Billion | ▲ +111.4% |
| 2009 | 0.37x | €845.00 Million | €2.26 Billion | €845.00 Million | ▼ -26.6% |
| 2008 | 0.51x | €1.02 Billion | €2.00 Billion | €1.02 Billion | ▲ +43.4% |
| 2007 | 0.35x | €592.00 Million | €1.67 Billion | €592.00 Million | ▼ -15.9% |
| 2006 | 0.42x | €485.00 Million | €1.15 Billion | €485.00 Million | ▲ +71.0% |
| 2005 | 0.25x | €346.00 Million | €1.40 Billion | €346.00 Million | ▼ -33.8% |
| 2004 | 0.37x | €651.00 Million | €1.75 Billion | €651.00 Million | ▲ +6.8% |
| 2003 | 0.35x | €550.00 Million | €1.58 Billion | €550.00 Million | ▼ -27.4% |
| 2002 | 0.48x | €649.00 Million | €1.35 Billion | €649.00 Million | ▼ -16.3% |
| 2001 | 0.57x | €657.00 Million | €1.15 Billion | €657.00 Million | ▼ -66.0% |
| 2000 | 1.69x | €716.00 Million | €424.00 Million | €716.00 Million | ▲ +14.1% |
| 1999 | 1.48x | €731.00 Million | €494.00 Million | €731.00 Million | ▲ +93.2% |
| 1998 | 0.77x | €638.00 Million | €833.00 Million | €638.00 Million | — |