Nebius Group N.V. (NBIS) — Cash Flow Reinvestment Rate

Latest as of March 2026: 2.46x

Nebius Group N.V. (NBIS) has a Cash Flow Reinvestment Rate of 2.46x as of March 2026, reinvesting $2.06 Billion (capex $2.06 Billion ) from operating cash flow of $834.30 Million. See Nebius Group N.V. free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

2.46x
(Capex + Investments) / Operating CF

Total Reinvested

$2.06 Billion
Capex + Investments

Operating Cash Flow

$834.30 Million
USD

Capital Expenditures

$2.06 Billion
USD

Nebius Group N.V. Cash Flow Reinvestment Rate (2009–2025)

Historical reinvestment intensity for Nebius Group N.V. across 17 annual periods. For the full cash flow conversion analysis, see NBIS cash flow conversion.

Annual Cash Flow Reinvestment Rate for Nebius Group N.V. (2009–2025)

Year-by-year capital reinvestment analysis for Nebius Group N.V.. See Nebius Group N.V. (NBIS) financial flexibility to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 10.89x $4.19 Billion $384.80 Million $4.07 Billion ▲ +139.0%
2024 4.56x $1.12 Billion $245.60 Million $807.70 Million ▲ +192.8%
2023 1.56x $1.29 Billion $829.80 Million $83.40 Million ▲ +239.2%
2022 0.46x $319.81 Million $697.00 Million $14.60 Million ▼ -93.6%
2021 7.17x $893.31 Million $124.62 Million $598.37 Million ▲ +61.7%
2020 4.43x $1.94 Billion $438.20 Million $329.97 Million ▲ +857.4%
2019 0.46x $331.36 Million $715.83 Million $331.36 Million ▼ -53.9%
2018 1.00x $407.57 Million $405.97 Million $407.57 Million ▲ +92.6%
2017 0.52x $214.83 Million $412.21 Million $214.83 Million ▲ +36.9%
2016 0.38x $157.19 Million $412.96 Million $157.19 Million ▼ -43.5%
2015 0.67x $177.54 Million $263.69 Million $177.54 Million ▲ +8.1%
2014 0.62x $174.13 Million $279.67 Million $174.13 Million ▲ +85.5%
2013 0.34x $150.10 Million $447.18 Million $150.10 Million ▼ -2.9%
2012 0.35x $131.15 Million $379.53 Million $131.15 Million ▼ -53.1%
2011 0.74x $172.87 Million $234.65 Million $172.87 Million ▲ +94.4%
2010 0.38x $70.32 Million $185.52 Million $70.32 Million ▲ +22.4%
2009 0.31x $32.75 Million $105.76 Million $32.75 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow