Thales S.A. (HO) — Cash Flow Reinvestment Rate
Latest as of June 2025:
0.39x
Thales S.A. (HO) has a Cash Flow Reinvestment Rate of 0.39x as of June 2025, reinvesting €311.30 Million (capex €311.30 Million ) from operating cash flow of €808.00 Million. Check HO cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
0.39x
(Capex + Investments) / Operating CF
Total Reinvested
€311.30 Million
Capex + Investments
Operating Cash Flow
€808.00 Million
EUR
Capital Expenditures
€311.30 Million
EUR
Thales S.A. Cash Flow Reinvestment Rate (2001–2024)
Historical reinvestment intensity for Thales S.A. across 24 annual periods. Explore Thales S.A. (HO) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Thales S.A. (2001–2024)
Year-by-year capital reinvestment analysis for Thales S.A.. For live market cap and broader valuation context, see HO company net worth.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.26x | €685.90 Million | €2.64 Billion | €623.10 Million | ▼ -91.3% |
| 2023 | 2.99x | €4.77 Billion | €1.60 Billion | €625.60 Million | ▲ +460.4% |
| 2022 | 0.53x | €1.63 Billion | €3.06 Billion | €502.73 Million | ▲ +207.2% |
| 2021 | 0.17x | €470.00 Million | €2.71 Billion | €450.80 Million | ▼ -44.3% |
| 2020 | 0.31x | €419.60 Million | €1.35 Billion | €395.40 Million | ▼ -89.2% |
| 2019 | 2.89x | €5.12 Billion | €1.77 Billion | €503.30 Million | ▲ +402.9% |
| 2018 | 0.57x | €719.75 Million | €1.25 Billion | €370.95 Million | ▲ +12.0% |
| 2017 | 0.51x | €1.06 Billion | €2.06 Billion | €447.51 Million | ▼ -43.5% |
| 2016 | 0.91x | €1.28 Billion | €1.41 Billion | €451.11 Million | ▲ +179.4% |
| 2015 | 0.33x | €518.33 Million | €1.59 Billion | €438.23 Million | ▼ -44.3% |
| 2014 | 0.58x | €618.26 Million | €1.06 Billion | €486.96 Million | ▲ +17.6% |
| 2013 | 0.50x | €526.80 Million | €1.06 Billion | €452.80 Million | ▲ +35.0% |
| 2012 | 0.37x | €494.30 Million | €1.34 Billion | €494.30 Million | ▼ -19.7% |
| 2011 | 0.46x | €264.10 Million | €577.20 Million | €264.10 Million | ▼ -24.1% |
| 2010 | 0.60x | €315.20 Million | €522.80 Million | €315.20 Million | ▲ +6933.9% |
| 2009 | 0.01x | €9.90 Million | €1.16 Billion | €9.90 Million | — |
| 2008 | 0.00x | €0.00 | €820.80 Million | €0.00 | — |
| 2007 | 0.00x | €0.00 | €984.90 Million | €0.00 | ▼ -100.0% |
| 2006 | 0.55x | €412.10 Million | €753.60 Million | €412.10 Million | ▼ -14.7% |
| 2005 | 0.64x | €390.80 Million | €609.60 Million | €390.80 Million | ▼ -26.0% |
| 2004 | 0.87x | €310.60 Million | €358.60 Million | €310.60 Million | ▲ +46.9% |
| 2003 | 0.59x | €375.50 Million | €636.80 Million | €375.50 Million | ▼ -56.8% |
| 2002 | 1.37x | €417.60 Million | €305.80 Million | €417.60 Million | ▲ +70.1% |
| 2001 | 0.80x | €535.60 Million | €667.00 Million | €535.60 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow