Kellanova (K) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.60x

Kellanova (K) has a Cash Flow Reinvestment Rate of 0.60x as of September 2025, reinvesting $300.00 Million (capex $144.00 Million plus investments $-156.00 Million) from operating cash flow of $503.00 Million. Check cash flow quality index of Kellanova to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.60x
(Capex + Investments) / Operating CF

Total Reinvested

$300.00 Million
Capex + Investments

Operating Cash Flow

$503.00 Million
USD

Capital Expenditures

$144.00 Million
USD

Kellanova Cash Flow Reinvestment Rate (1989–2024)

Historical reinvestment intensity for Kellanova across 36 annual periods. Explore K long-term investment intensity to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Kellanova (1989–2024)

Year-by-year capital reinvestment analysis for Kellanova. For live market cap and broader valuation context, see Kellanova stock valuation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2024 0.78x $1.38 Billion $1.76 Billion $628.00 Million ▲ +4.0%
2023 0.75x $1.24 Billion $1.65 Billion $677.00 Million ▲ +32.9%
2022 0.57x $936.00 Million $1.65 Billion $488.00 Million ▲ +74.1%
2021 0.33x $554.00 Million $1.70 Billion $553.00 Million ▲ +14.1%
2020 0.29x $567.00 Million $1.99 Billion $505.00 Million ▼ -48.4%
2019 0.55x $651.00 Million $1.18 Billion $586.00 Million ▼ -12.1%
2018 0.63x $967.00 Million $1.54 Billion $578.00 Million ▼ -35.0%
2017 0.97x $1.59 Billion $1.65 Billion $501.00 Million ▲ +195.4%
2016 0.33x $534.00 Million $1.63 Billion $507.00 Million ▼ -45.0%
2015 0.60x $1.01 Billion $1.69 Billion $553.00 Million ▲ +81.9%
2014 0.33x $588.00 Million $1.79 Billion $582.00 Million ▼ -7.0%
2013 0.35x $637.00 Million $1.81 Billion $637.00 Million ▲ +16.3%
2012 0.30x $533.00 Million $1.76 Billion $533.00 Million ▼ -18.6%
2011 0.37x $594.00 Million $1.59 Billion $594.00 Million ▼ -20.8%
2010 0.47x $474.00 Million $1.01 Billion $474.00 Million ▲ +104.9%
2009 0.23x $377.00 Million $1.64 Billion $377.00 Million ▼ -36.9%
2008 0.36x $461.00 Million $1.27 Billion $461.00 Million ▲ +15.9%
2007 0.31x $472.00 Million $1.50 Billion $472.00 Million ▼ -2.2%
2006 0.32x $453.10 Million $1.41 Billion $453.10 Million ▼ -1.9%
2005 0.33x $374.20 Million $1.14 Billion $374.20 Million ▲ +44.4%
2004 0.23x $278.60 Million $1.23 Billion $278.60 Million ▲ +7.4%
2003 0.21x $247.20 Million $1.17 Billion $247.20 Million ▼ -16.7%
2002 0.25x $253.50 Million $999.90 Million $253.50 Million ▲ +3.8%
2001 0.24x $276.50 Million $1.13 Billion $276.50 Million ▼ -6.8%
2000 0.26x $230.90 Million $880.90 Million $230.90 Million ▼ -63.1%
1999 0.71x $564.40 Million $795.20 Million $564.40 Million ▲ +27.1%
1998 0.56x $402.00 Million $720.00 Million $402.00 Million ▲ +45.4%
1997 0.38x $337.80 Million $879.80 Million $337.80 Million ▼ -66.4%
1996 1.14x $812.50 Million $711.50 Million $812.50 Million ▲ +276.6%
1995 0.30x $315.70 Million $1.04 Billion $315.70 Million ▼ -17.2%
1994 0.37x $354.30 Million $966.80 Million $354.30 Million ▼ -34.8%
1993 0.56x $449.70 Million $800.20 Million $449.70 Million ▼ -12.0%
1992 0.64x $473.60 Million $741.90 Million $473.60 Million ▲ +78.9%
1991 0.36x $333.50 Million $934.40 Million $333.50 Million ▼ -8.8%
1990 0.39x $320.50 Million $819.20 Million $320.50 Million ▼ -59.0%
1989 0.95x $508.70 Million $533.50 Million $508.70 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow