SES S. A. (SESG) — Cash Flow Reinvestment Rate

Latest as of June 2025: 0.46x

SES S. A. (SESG) has a Cash Flow Reinvestment Rate of 0.46x as of June 2025, reinvesting €231.00 Million (capex €231.00 Million ) from operating cash flow of €501.00 Million. See SES S. A. free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.46x
(Capex + Investments) / Operating CF

Total Reinvested

€231.00 Million
Capex + Investments

Operating Cash Flow

€501.00 Million
EUR

Capital Expenditures

€231.00 Million
EUR

SES S. A. Cash Flow Reinvestment Rate (2002–2024)

Historical reinvestment intensity for SES S. A. across 23 annual periods. For the full cash flow conversion analysis, see SESG cash flow conversion.

Annual Cash Flow Reinvestment Rate for SES S. A. (2002–2024)

Year-by-year capital reinvestment analysis for SES S. A.. See financial flexibility index of SES S. A. to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2024 0.46x €462.00 Million €1.01 Billion €303.00 Million ▲ +102.4%
2023 0.23x €775.00 Million €3.42 Billion €405.00 Million ▼ -89.4%
2022 2.14x €3.15 Billion €1.48 Billion €1.35 Billion ▲ +390.8%
2021 0.44x €563.00 Million €1.29 Billion €280.00 Million ▲ +6.9%
2020 0.41x €427.00 Million €1.05 Billion €210.00 Million ▼ -24.7%
2019 0.54x €613.10 Million €1.13 Billion €305.30 Million ▼ -0.8%
2018 0.54x €649.00 Million €1.19 Billion €328.20 Million ▼ -29.8%
2017 0.78x €971.60 Million €1.25 Billion €481.20 Million ▼ -50.6%
2016 1.57x €2.00 Billion €1.27 Billion €620.00 Million ▲ +276.4%
2015 0.42x €605.40 Million €1.45 Billion €568.70 Million ▲ +9.5%
2014 0.38x €472.40 Million €1.24 Billion €454.10 Million ▲ +9.8%
2013 0.35x €398.50 Million €1.15 Billion €383.00 Million ▼ -32.7%
2012 0.52x €635.60 Million €1.23 Billion €635.60 Million ▼ -33.6%
2011 0.78x €837.50 Million €1.08 Billion €837.50 Million ▲ +4.1%
2010 0.74x €804.50 Million €1.08 Billion €804.50 Million ▲ +3.6%
2009 0.72x €773.40 Million €1.08 Billion €773.40 Million ▼ -0.9%
2008 0.72x €751.70 Million €1.04 Billion €751.70 Million ▲ +31.3%
2007 0.55x €658.60 Million €1.19 Billion €658.60 Million ▲ +26.3%
2006 0.44x €463.50 Million €1.06 Billion €463.50 Million ▼ -2.4%
2005 0.45x €493.00 Million €1.10 Billion €493.00 Million ▼ -29.9%
2004 0.64x €527.90 Million €825.40 Million €527.90 Million ▲ +116.7%
2003 0.30x €317.60 Million €1.08 Billion €317.60 Million ▼ -46.0%
2002 0.55x €686.50 Million €1.26 Billion €686.50 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow