Eneva S.A (ENEV3) — Cash Flow Reinvestment Rate

Latest as of March 2026: 1.95x

Eneva S.A (ENEV3) has a Cash Flow Reinvestment Rate of 1.95x as of March 2026, reinvesting R$1.94 Billion (capex R$1.94 Billion ) from operating cash flow of R$994.04 Million. See how much free cash does Eneva S.A generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.95x
(Capex + Investments) / Operating CF

Total Reinvested

R$1.94 Billion
Capex + Investments

Operating Cash Flow

R$994.04 Million
BRL

Capital Expenditures

R$1.94 Billion
BRL

Eneva S.A Cash Flow Reinvestment Rate (2004–2025)

Historical reinvestment intensity for Eneva S.A across 15 annual periods. For the full cash flow conversion analysis, see ENEV3 cash flow metrics.

Annual Cash Flow Reinvestment Rate for Eneva S.A (2004–2025)

Year-by-year capital reinvestment analysis for Eneva S.A. See Eneva S.A free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (BRL) Operating CF Capex YoY Change
2025 1.72x R$6.24 Billion R$3.63 Billion R$5.66 Billion ▲ +19.8%
2024 1.43x R$5.96 Billion R$4.16 Billion R$2.56 Billion ▼ -6.8%
2023 1.54x R$4.29 Billion R$2.79 Billion R$2.56 Billion ▼ -83.0%
2022 9.06x R$11.48 Billion R$1.27 Billion R$2.40 Billion ▲ +796.3%
2021 1.01x R$1.25 Billion R$1.23 Billion R$1.14 Billion ▼ -44.9%
2020 1.83x R$2.29 Billion R$1.25 Billion R$2.09 Billion ▲ +195.4%
2019 0.62x R$848.22 Million R$1.37 Billion R$829.92 Million ▲ +70.7%
2018 0.36x R$555.44 Million R$1.53 Billion R$455.57 Million ▼ -7.3%
2017 0.39x R$396.16 Million R$1.01 Billion R$308.89 Million ▲ +1.8%
2016 0.39x R$256.37 Million R$664.98 Million R$156.76 Million ▼ -74.3%
2015 1.50x R$370.21 Million R$246.76 Million R$233.44 Million ▲ +49.0%
2014 1.01x R$594.45 Million R$590.53 Million R$101.51 Million ▼ -97.8%
2008 45.97x R$946.58 Million R$20.59 Million R$946.58 Million
2006 0.00x R$0.00 R$595.00K R$0.00
2004 0.00x R$0.00 R$42.39 Million R$0.00
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow