Kenon Holdings (KEN) — Cash Flow Reinvestment Rate

Latest as of December 2025: 1.85x

Kenon Holdings (KEN) has a Cash Flow Reinvestment Rate of 1.85x as of December 2025, reinvesting $190.32 Million (capex $49.41 Million plus investments $-140.91 Million) from operating cash flow of $102.79 Million. See KEN FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.85x
(Capex + Investments) / Operating CF

Total Reinvested

$190.32 Million
Capex + Investments

Operating Cash Flow

$102.79 Million
USD

Capital Expenditures

$49.41 Million
USD

Kenon Holdings Cash Flow Reinvestment Rate (2012–2025)

Historical reinvestment intensity for Kenon Holdings across 14 annual periods. For the full cash flow conversion analysis, see Kenon Holdings cash flow conversion.

Annual Cash Flow Reinvestment Rate for Kenon Holdings (2012–2025)

Year-by-year capital reinvestment analysis for Kenon Holdings. See KEN free cash flow debt coverage 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 0.76x $216.32 Million $283.79 Million $116.41 Million ▼ -57.6%
2024 1.80x $476.52 Million $265.08 Million $340.67 Million ▼ -30.6%
2023 2.59x $716.55 Million $276.79 Million $332.12 Million ▲ +321.6%
2022 0.61x $473.44 Million $771.00 Million $270.00 Million ▼ -66.3%
2021 1.82x $438.14 Million $240.53 Million $232.69 Million ▼ -52.9%
2020 3.87x $355.89 Million $92.00 Million $74.00 Million ▲ +738.8%
2019 0.46x $39.38 Million $85.39 Million $34.40 Million ▼ -86.8%
2018 3.49x $182.83 Million $52.38 Million $69.45 Million ▲ +66.4%
2017 2.10x $822.50 Million $392.00 Million $238.00 Million ▼ -50.7%
2016 4.26x $689.64 Million $162.00 Million $290.00 Million ▲ +68.7%
2015 2.52x $732.11 Million $290.17 Million $532.68 Million ▲ +103.3%
2014 1.24x $509.24 Million $410.38 Million $436.68 Million ▼ -12.2%
2013 1.41x $363.25 Million $256.96 Million $320.65 Million ▼ -42.9%
2012 2.47x $417.44 Million $168.72 Million $417.44 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow