Firstrand Ltd (FSR) — Cash Flow Reinvestment Rate
Firstrand Ltd (FSR) has a Cash Flow Reinvestment Rate of 0.19x as of December 2025, reinvesting ZAC7.96 Billion (capex ZAC7.96 Billion ) from operating cash flow of ZAC42.71 Billion. Check FSR cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Firstrand Ltd Cash Flow Reinvestment Rate (2004–2024)
Historical reinvestment intensity for Firstrand Ltd across 18 annual periods. Explore FSR strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Firstrand Ltd (2004–2024)
Year-by-year capital reinvestment analysis for Firstrand Ltd. For live market cap and broader valuation context, see market value of Firstrand Ltd.
| Year | Reinvestment Rate | Total Reinvested (ZAC) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.66x | ZAC12.35 Billion | ZAC18.69 Billion | ZAC6.36 Billion | ▲ +359.9% |
| 2023 | 0.14x | ZAC6.85 Billion | ZAC47.66 Billion | ZAC5.19 Billion | ▼ -5.6% |
| 2020 | 0.15x | ZAC6.07 Billion | ZAC39.85 Billion | ZAC5.96 Billion | ▼ -76.6% |
| 2019 | 0.65x | ZAC5.02 Billion | ZAC7.73 Billion | ZAC4.19 Billion | ▲ +228.7% |
| 2018 | 0.20x | ZAC5.77 Billion | ZAC29.18 Billion | ZAC4.16 Billion | ▼ -66.2% |
| 2017 | 0.59x | ZAC5.10 Billion | ZAC8.72 Billion | ZAC5.01 Billion | ▼ -54.7% |
| 2015 | 1.29x | ZAC5.69 Billion | ZAC4.40 Billion | ZAC4.52 Billion | ▲ +223.5% |
| 2014 | 0.40x | ZAC4.74 Billion | ZAC11.88 Billion | ZAC4.12 Billion | ▲ +21.4% |
| 2013 | 0.33x | ZAC4.55 Billion | ZAC13.84 Billion | ZAC4.55 Billion | ▼ -68.7% |
| 2012 | 1.05x | ZAC4.46 Billion | ZAC4.24 Billion | ZAC4.46 Billion | ▲ +327.8% |
| 2011 | 0.25x | ZAC2.99 Billion | ZAC12.15 Billion | ZAC2.99 Billion | ▲ +8.0% |
| 2010 | 0.23x | ZAC2.20 Billion | ZAC9.65 Billion | ZAC2.20 Billion | ▼ -55.2% |
| 2009 | 0.51x | ZAC4.96 Billion | ZAC9.76 Billion | ZAC4.96 Billion | ▼ -23.6% |
| 2008 | 0.66x | ZAC4.73 Billion | ZAC7.12 Billion | ZAC4.73 Billion | ▲ +166.1% |
| 2007 | 0.25x | ZAC2.34 Billion | ZAC9.37 Billion | ZAC2.34 Billion | ▼ -42.9% |
| 2006 | 0.44x | ZAC1.26 Billion | ZAC2.88 Billion | ZAC1.26 Billion | ▲ +849.0% |
| 2005 | 0.05x | ZAC627.00 Million | ZAC13.59 Billion | ZAC627.00 Million | ▼ -99.9% |
| 2004 | 55.27x | ZAC1.66 Billion | ZAC30.00 Million | ZAC1.66 Billion | — |