Smith & Nephew PLC (SN) — Cash Flow Reinvestment Rate
Smith & Nephew PLC (SN) has a Cash Flow Reinvestment Rate of 0.33x as of December 2025, reinvesting GBX301.83 Million (capex GBX301.83 Million ) from operating cash flow of GBX912.39 Million. Explore SN capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Smith & Nephew PLC Cash Flow Reinvestment Rate (1991–2025)
Historical reinvestment intensity for Smith & Nephew PLC across 34 annual periods. Also explore Smith & Nephew PLC assets under control for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Smith & Nephew PLC (1991–2025)
Year-by-year capital reinvestment analysis for Smith & Nephew PLC. For live market cap and broader valuation context, see Smith & Nephew PLC market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (GBX) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.34x | GBX442.08 Million | GBX1.31 Billion | GBX442.08 Million | ▼ -65.0% |
| 2024 | 0.96x | GBX950.00 Million | GBX987.00 Million | GBX381.00 Million | ▼ -33.1% |
| 2023 | 1.44x | GBX875.00 Million | GBX608.00 Million | GBX427.00 Million | ▼ -18.9% |
| 2022 | 1.77x | GBX830.00 Million | GBX468.00 Million | GBX358.00 Million | ▲ +279.4% |
| 2021 | 0.47x | GBX410.00 Million | GBX877.00 Million | GBX408.00 Million | ▼ -2.9% |
| 2020 | 0.48x | GBX450.00 Million | GBX935.00 Million | GBX443.00 Million | ▲ +29.5% |
| 2019 | 0.37x | GBX434.00 Million | GBX1.17 Billion | GBX408.00 Million | ▼ -0.9% |
| 2018 | 0.37x | GBX349.00 Million | GBX931.00 Million | GBX347.00 Million | ▲ +6.4% |
| 2017 | 0.35x | GBX384.00 Million | GBX1.09 Billion | GBX376.00 Million | ▼ -61.4% |
| 2016 | 0.91x | GBX775.00 Million | GBX849.00 Million | GBX392.00 Million | ▲ +144.2% |
| 2015 | 0.37x | GBX385.00 Million | GBX1.03 Billion | GBX358.00 Million | ▼ -33.0% |
| 2014 | 0.56x | GBX381.00 Million | GBX683.00 Million | GBX375.00 Million | ▲ +39.4% |
| 2013 | 0.40x | GBX347.00 Million | GBX867.00 Million | GBX340.00 Million | ▲ +36.2% |
| 2012 | 0.29x | GBX265.00 Million | GBX902.00 Million | GBX265.00 Million | ▼ -22.9% |
| 2011 | 0.38x | GBX321.00 Million | GBX842.00 Million | GBX321.00 Million | ▲ +4.0% |
| 2010 | 0.37x | GBX315.00 Million | GBX859.00 Million | GBX315.00 Million | ▼ -17.1% |
| 2009 | 0.44x | GBX318.00 Million | GBX719.00 Million | GBX318.00 Million | ▼ -13.4% |
| 2008 | 0.51x | GBX289.00 Million | GBX566.00 Million | GBX289.00 Million | ▲ +11.6% |
| 2007 | 0.46x | GBX194.00 Million | GBX424.00 Million | GBX194.00 Million | ▼ -27.5% |
| 2006 | 0.63x | GBX222.00 Million | GBX352.00 Million | GBX222.00 Million | ▼ -18.0% |
| 2005 | 0.77x | GBX200.00 Million | GBX260.00 Million | GBX200.00 Million | ▲ +42.9% |
| 2004 | 0.54x | GBX195.55 Million | GBX363.28 Million | GBX195.55 Million | ▲ +14.3% |
| 2003 | 0.47x | GBX130.36 Million | GBX276.79 Million | GBX130.36 Million | ▼ -16.7% |
| 2002 | 0.57x | GBX137.30 Million | GBX242.85 Million | GBX137.30 Million | ▼ -24.9% |
| 2001 | 0.75x | GBX108.78 Million | GBX144.46 Million | GBX108.78 Million | ▼ -20.2% |
| 1999 | 0.94x | GBX108.55 Million | GBX115.02 Million | GBX108.55 Million | ▼ -3.9% |
| 1998 | 0.98x | GBX115.03 Million | GBX117.19 Million | GBX115.03 Million | ▼ -6.6% |
| 1997 | 1.05x | GBX119.35 Million | GBX113.57 Million | GBX119.35 Million | ▲ +20.0% |
| 1996 | 0.88x | GBX124.50 Million | GBX142.14 Million | GBX124.50 Million | ▼ -41.3% |
| 1995 | 1.49x | GBX108.16 Million | GBX72.47 Million | GBX108.16 Million | ▲ +75.2% |
| 1994 | 0.85x | GBX99.75 Million | GBX117.10 Million | GBX99.75 Million | ▼ -62.2% |
| 1993 | 2.26x | GBX97.78 Million | GBX43.34 Million | GBX97.78 Million | ▲ +146.7% |
| 1992 | 0.91x | GBX69.62 Million | GBX76.14 Million | GBX69.62 Million | ▲ +17.7% |
| 1991 | 0.78x | GBX82.71 Million | GBX106.47 Million | GBX82.71 Million | — |