MTN Group Ltd (MTN) — Cash Flow Reinvestment Rate
MTN Group Ltd (MTN) has a Cash Flow Reinvestment Rate of 0.30x as of December 2025, reinvesting ZAC12.87 Billion (capex ZAC12.87 Billion ) from operating cash flow of ZAC43.23 Billion. See cash generation quality of MTN Group Ltd to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
MTN Group Ltd Cash Flow Reinvestment Rate (2001–2025)
Historical reinvestment intensity for MTN Group Ltd across 24 annual periods. For the full cash flow conversion analysis, see MTN Group Ltd cash conversion from operations.
Annual Cash Flow Reinvestment Rate for MTN Group Ltd (2001–2025)
Year-by-year capital reinvestment analysis for MTN Group Ltd. See financial flexibility index of MTN Group Ltd to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (ZAC) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.43x | ZAC33.72 Billion | ZAC77.94 Billion | ZAC32.87 Billion | ▼ -68.9% |
| 2024 | 1.39x | ZAC65.02 Billion | ZAC46.82 Billion | ZAC31.68 Billion | ▼ -10.2% |
| 2023 | 1.55x | ZAC99.05 Billion | ZAC64.06 Billion | ZAC46.80 Billion | ▲ +18.0% |
| 2022 | 1.31x | ZAC89.25 Billion | ZAC68.12 Billion | ZAC45.81 Billion | ▲ +109.5% |
| 2021 | 0.63x | ZAC42.08 Billion | ZAC67.29 Billion | ZAC35.23 Billion | ▲ +10.6% |
| 2020 | 0.57x | ZAC33.08 Billion | ZAC58.51 Billion | ZAC30.18 Billion | ▼ -25.0% |
| 2019 | 0.75x | ZAC27.36 Billion | ZAC36.29 Billion | ZAC27.04 Billion | ▼ -16.1% |
| 2018 | 0.90x | ZAC29.12 Billion | ZAC32.39 Billion | ZAC28.20 Billion | ▼ -22.5% |
| 2017 | 1.16x | ZAC27.49 Billion | ZAC23.69 Billion | ZAC26.66 Billion | ▼ -68.2% |
| 2016 | 3.65x | ZAC75.66 Billion | ZAC20.72 Billion | ZAC35.25 Billion | ▲ +30.1% |
| 2015 | 2.81x | ZAC36.84 Billion | ZAC13.12 Billion | ZAC32.02 Billion | ▲ +143.7% |
| 2014 | 1.15x | ZAC31.25 Billion | ZAC27.13 Billion | ZAC22.84 Billion | ▲ +14.6% |
| 2013 | 1.01x | ZAC27.17 Billion | ZAC27.02 Billion | ZAC24.57 Billion | ▼ -2.4% |
| 2012 | 1.03x | ZAC25.82 Billion | ZAC25.08 Billion | ZAC25.82 Billion | ▲ +84.1% |
| 2011 | 0.56x | ZAC15.59 Billion | ZAC27.87 Billion | ZAC15.59 Billion | ▲ +17.2% |
| 2010 | 0.48x | ZAC16.58 Billion | ZAC34.73 Billion | ZAC16.58 Billion | ▼ -41.7% |
| 2009 | 0.82x | ZAC29.70 Billion | ZAC36.28 Billion | ZAC29.70 Billion | ▼ -1.2% |
| 2008 | 0.83x | ZAC28.37 Billion | ZAC34.24 Billion | ZAC28.37 Billion | ▲ +31.2% |
| 2007 | 0.63x | ZAC16.33 Billion | ZAC25.85 Billion | ZAC16.33 Billion | ▲ +13.7% |
| 2006 | 0.56x | ZAC9.80 Billion | ZAC17.62 Billion | ZAC9.80 Billion | ▼ -20.9% |
| 2005 | 0.70x | ZAC6.44 Billion | ZAC9.16 Billion | ZAC6.44 Billion | ▲ +19.7% |
| 2003 | 0.59x | ZAC5.05 Billion | ZAC8.60 Billion | ZAC5.05 Billion | ▼ -20.5% |
| 2002 | 0.74x | ZAC3.94 Billion | ZAC5.33 Billion | ZAC3.94 Billion | ▼ -33.4% |
| 2001 | 1.11x | ZAC3.45 Billion | ZAC3.11 Billion | ZAC3.45 Billion | — |