Telefonica Brasil SA ADR (VIV) — Cash Flow Reinvestment Rate
Telefonica Brasil SA ADR (VIV) has a Cash Flow Reinvestment Rate of 0.44x as of June 2026, reinvesting $2.35 Billion (capex $2.35 Billion ) from operating cash flow of $5.35 Billion. See how much free cash does Telefonica Brasil SA ADR generate to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Telefonica Brasil SA ADR Cash Flow Reinvestment Rate (1998–2025)
Historical reinvestment intensity for Telefonica Brasil SA ADR across 28 annual periods. For the full cash flow conversion analysis, see VIV cash generation efficiency.
Annual Cash Flow Reinvestment Rate for Telefonica Brasil SA ADR (1998–2025)
Year-by-year capital reinvestment analysis for Telefonica Brasil SA ADR. See VIV FCF to total liabilities ratio 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 | 0.51x | $10.61 Billion | $20.72 Billion | $9.46 Billion | ▼ -44.2% |
| 2024 | 0.92x | $18.24 Billion | $19.88 Billion | $9.32 Billion | ▼ -2.1% |
| 2023 | 0.94x | $17.61 Billion | $18.79 Billion | $8.81 Billion | ▼ -26.3% |
| 2022 | 1.27x | $24.10 Billion | $18.94 Billion | $9.89 Billion | ▲ +141.0% |
| 2021 | 0.53x | $9.54 Billion | $18.07 Billion | $9.30 Billion | ▼ -30.5% |
| 2020 | 0.76x | $14.70 Billion | $19.34 Billion | $8.29 Billion | ▼ -19.7% |
| 2019 | 0.95x | $16.77 Billion | $17.72 Billion | $8.84 Billion | ▼ -20.4% |
| 2018 | 1.19x | $14.19 Billion | $11.94 Billion | $8.52 Billion | ▼ -10.6% |
| 2017 | 1.33x | $16.81 Billion | $12.64 Billion | $8.37 Billion | ▲ +5.9% |
| 2016 | 1.26x | $14.37 Billion | $11.44 Billion | $7.47 Billion | ▲ +93.6% |
| 2015 | 0.65x | $6.79 Billion | $10.47 Billion | $6.79 Billion | ▼ -19.2% |
| 2014 | 0.80x | $7.54 Billion | $9.38 Billion | $7.54 Billion | ▲ +31.7% |
| 2013 | 0.61x | $5.84 Billion | $9.58 Billion | $5.84 Billion | ▲ +30.4% |
| 2012 | 0.47x | $4.55 Billion | $9.73 Billion | $4.55 Billion | ▼ -18.2% |
| 2011 | 0.57x | $4.65 Billion | $8.14 Billion | $4.65 Billion | ▲ +21.8% |
| 2010 | 0.47x | $2.13 Billion | $4.53 Billion | $2.13 Billion | ▼ -10.9% |
| 2009 | 0.53x | $2.32 Billion | $4.41 Billion | $2.32 Billion | ▲ +28.5% |
| 2008 | 0.41x | $2.10 Billion | $5.13 Billion | $2.10 Billion | ▼ -2.7% |
| 2007 | 0.42x | $1.99 Billion | $4.73 Billion | $1.99 Billion | ▲ +22.5% |
| 2006 | 0.34x | $1.72 Billion | $5.00 Billion | $1.72 Billion | ▲ +13.7% |
| 2005 | 0.30x | $1.67 Billion | $5.54 Billion | $1.67 Billion | ▲ +26.6% |
| 2004 | 0.24x | $1.34 Billion | $5.61 Billion | $1.34 Billion | ▼ -10.0% |
| 2003 | 0.27x | $1.32 Billion | $4.96 Billion | $1.32 Billion | ▼ -22.6% |
| 2002 | 0.34x | $1.57 Billion | $4.57 Billion | $1.57 Billion | ▼ -71.1% |
| 2001 | 1.19x | $4.48 Billion | $3.77 Billion | $4.48 Billion | ▼ -25.6% |
| 2000 | 1.60x | $4.22 Billion | $2.64 Billion | $4.22 Billion | ▲ +49.9% |
| 1999 | 1.06x | $2.86 Billion | $2.69 Billion | $2.86 Billion | ▼ -12.2% |
| 1998 | 1.21x | $2.59 Billion | $2.14 Billion | $2.59 Billion | — |