Vodafone Group PLC (VOD) — Cash Flow Reinvestment Rate
Vodafone Group PLC (VOD) has a Cash Flow Reinvestment Rate of 0.54x as of September 2025, reinvesting GBX2.42 Billion (capex GBX2.42 Billion ) from operating cash flow of GBX4.51 Billion. Explore VOD capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Vodafone Group PLC Cash Flow Reinvestment Rate (1991–2025)
Historical reinvestment intensity for Vodafone Group PLC across 35 annual periods. Also explore Vodafone Group PLC (VOD) total assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Vodafone Group PLC (1991–2025)
Year-by-year capital reinvestment analysis for Vodafone Group PLC. For live market cap and broader valuation context, see Vodafone Group PLC market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (GBX) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.75x | GBX11.46 Billion | GBX15.37 Billion | GBX6.70 Billion | ▼ -4.9% |
| 2024 | 0.78x | GBX12.98 Billion | GBX16.56 Billion | GBX6.86 Billion | ▲ +47.6% |
| 2023 | 0.53x | GBX9.59 Billion | GBX18.05 Billion | GBX9.21 Billion | ▼ -7.0% |
| 2022 | 0.57x | GBX10.33 Billion | GBX18.08 Billion | GBX9.06 Billion | ▼ -4.1% |
| 2021 | 0.60x | GBX10.26 Billion | GBX17.21 Billion | GBX8.64 Billion | ▼ -14.7% |
| 2020 | 0.70x | GBX12.14 Billion | GBX17.38 Billion | GBX7.61 Billion | ▲ +41.4% |
| 2019 | 0.49x | GBX6.41 Billion | GBX12.98 Billion | GBX5.05 Billion | ▼ -10.2% |
| 2018 | 0.55x | GBX7.49 Billion | GBX13.60 Billion | GBX4.92 Billion | ▼ -4.1% |
| 2017 | 0.57x | GBX8.17 Billion | GBX14.22 Billion | GBX6.29 Billion | ▼ -54.6% |
| 2016 | 1.26x | GBX16.81 Billion | GBX13.29 Billion | GBX15.03 Billion | ▲ +30.1% |
| 2015 | 0.97x | GBX12.92 Billion | GBX13.28 Billion | GBX12.15 Billion | ▼ -82.3% |
| 2014 | 5.51x | GBX41.49 Billion | GBX7.53 Billion | GBX5.32 Billion | ▲ +577.0% |
| 2013 | 0.81x | GBX10.32 Billion | GBX12.69 Billion | GBX10.32 Billion | ▲ +40.9% |
| 2012 | 0.58x | GBX7.14 Billion | GBX12.36 Billion | GBX7.14 Billion | ▼ -19.8% |
| 2011 | 0.72x | GBX9.83 Billion | GBX13.65 Billion | GBX9.83 Billion | ▲ +34.9% |
| 2010 | 0.53x | GBX7.83 Billion | GBX14.67 Billion | GBX7.83 Billion | ▼ -16.9% |
| 2009 | 0.64x | GBX7.52 Billion | GBX11.72 Billion | GBX7.52 Billion | ▲ +35.0% |
| 2008 | 0.48x | GBX5.90 Billion | GBX12.41 Billion | GBX5.90 Billion | ▲ +6.3% |
| 2007 | 0.45x | GBX6.68 Billion | GBX14.92 Billion | GBX6.68 Billion | ▼ -3.7% |
| 2006 | 0.47x | GBX7.41 Billion | GBX15.95 Billion | GBX7.41 Billion | ▲ +13.5% |
| 2005 | 0.41x | GBX7.26 Billion | GBX17.71 Billion | GBX7.26 Billion | ▲ +16.5% |
| 2004 | 0.35x | GBX6.78 Billion | GBX19.29 Billion | GBX6.78 Billion | ▼ -31.9% |
| 2003 | 0.52x | GBX7.81 Billion | GBX15.12 Billion | GBX7.81 Billion | ▲ +1.0% |
| 2002 | 0.51x | GBX6.78 Billion | GBX13.25 Billion | GBX6.78 Billion | ▼ -92.3% |
| 2001 | 6.65x | GBX27.28 Billion | GBX4.10 Billion | GBX27.28 Billion | ▲ +486.9% |
| 2000 | 1.13x | GBX3.39 Billion | GBX2.99 Billion | GBX3.39 Billion | ▼ -3.1% |
| 1999 | 1.17x | GBX1.13 Billion | GBX965.37 Million | GBX1.13 Billion | ▲ +26.5% |
| 1998 | 0.92x | GBX801.93 Million | GBX867.93 Million | GBX801.93 Million | ▼ -4.9% |
| 1997 | 0.97x | GBX495.85 Million | GBX510.11 Million | GBX495.85 Million | ▲ +8.4% |
| 1996 | 0.90x | GBX431.81 Million | GBX481.38 Million | GBX431.81 Million | ▼ -0.6% |
| 1995 | 0.90x | GBX229.32 Million | GBX254.21 Million | GBX229.32 Million | ▲ +33.0% |
| 1994 | 0.68x | GBX209.39 Million | GBX308.74 Million | GBX209.39 Million | ▲ +28.2% |
| 1993 | 0.53x | GBX174.55 Million | GBX330.05 Million | GBX174.55 Million | ▲ +26.8% |
| 1992 | 0.42x | GBX86.30 Million | GBX206.93 Million | GBX86.30 Million | ▼ -62.8% |
| 1991 | 1.12x | GBX214.87 Million | GBX191.61 Million | GBX214.87 Million | — |