Acerinox (ACX) — Cash Flow Reinvestment Rate
Latest as of December 2025:
1.27x
Acerinox (ACX) has a Cash Flow Reinvestment Rate of 1.27x as of December 2025, reinvesting €392.19 Million (capex €181.44 Million plus investments €210.75 Million) from operating cash flow of €307.85 Million. Explore Acerinox capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
1.27x
(Capex + Investments) / Operating CF
Total Reinvested
€392.19 Million
Capex + Investments
Operating Cash Flow
€307.85 Million
EUR
Capital Expenditures
€181.44 Million
EUR
Acerinox Cash Flow Reinvestment Rate (2004–2025)
Historical reinvestment intensity for Acerinox across 21 annual periods. Also explore ACX total assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Acerinox (2004–2025)
Year-by-year capital reinvestment analysis for Acerinox. For live market cap and broader valuation context, see ACX market cap overview.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.67x | €306.21 Million | €455.83 Million | €304.95 Million | ▼ -82.1% |
| 2024 | 3.75x | €1.10 Billion | €293.67 Million | €204.78 Million | ▲ +416.7% |
| 2023 | 0.73x | €349.40 Million | €481.48 Million | €174.90 Million | ▲ +50.6% |
| 2022 | 0.48x | €262.22 Million | €544.08 Million | €136.72 Million | ▲ +81.1% |
| 2021 | 0.27x | €103.20 Million | €387.81 Million | €102.14 Million | ▲ +9.5% |
| 2020 | 0.24x | €102.22 Million | €420.55 Million | €101.43 Million | ▼ -40.2% |
| 2019 | 0.41x | €145.84 Million | €358.72 Million | €145.66 Million | ▼ -9.3% |
| 2018 | 0.45x | €146.35 Million | €326.40 Million | €146.15 Million | ▼ -11.7% |
| 2017 | 0.51x | €185.75 Million | €365.85 Million | €185.58 Million | ▼ -57.4% |
| 2016 | 1.19x | €320.34 Million | €268.79 Million | €163.02 Million | ▼ -71.1% |
| 2015 | 4.13x | €71.91 Million | €17.42 Million | €70.12 Million | ▲ +157.3% |
| 2014 | 1.60x | €80.01 Million | €49.88 Million | €78.89 Million | ▲ +151.8% |
| 2013 | 0.64x | €165.19 Million | €259.28 Million | €164.51 Million | ▲ +135.7% |
| 2012 | 0.27x | €152.82 Million | €565.46 Million | €152.82 Million | ▼ -34.7% |
| 2011 | 0.41x | €181.20 Million | €438.08 Million | €181.20 Million | ▼ -34.4% |
| 2010 | 0.63x | €224.25 Million | €355.54 Million | €224.25 Million | ▼ -48.5% |
| 2009 | 1.23x | €231.09 Million | €188.59 Million | €231.09 Million | ▲ +81.4% |
| 2008 | 0.68x | €334.93 Million | €495.95 Million | €334.93 Million | ▲ +99.4% |
| 2007 | 0.34x | €209.70 Million | €619.12 Million | €209.70 Million | ▼ -59.6% |
| 2005 | 0.84x | €199.63 Million | €237.82 Million | €199.63 Million | ▼ -7.0% |
| 2004 | 0.90x | €169.01 Million | €187.24 Million | €169.01 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow