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 GBX290.84 Million (capex GBX290.84 Million ) from operating cash flow of GBX880.25 Million. Check earnings quality score of Smith & Nephew PLC to evaluate the quality of earnings relative to operating cash generation.
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. Explore SN strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
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 market value of Smith & Nephew PLC.
| Year | Reinvestment Rate | Total Reinvested (GBX) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.34x | GBX444.08 Million | GBX1.31 Billion | GBX442.08 Million | ▼ -64.8% |
| 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 | — |