Itaú Unibanco Holding S.A. (ITUB3) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.22x

Itaú Unibanco Holding S.A. (ITUB3) has a Cash Flow Reinvestment Rate of 0.22x as of June 2026, reinvesting R$15.82 Billion (capex R$1.70 Billion plus investments R$-14.13 Billion) from operating cash flow of R$71.12 Billion. See ITUB3 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.22x
(Capex + Investments) / Operating CF

Total Reinvested

R$15.82 Billion
Capex + Investments

Operating Cash Flow

R$71.12 Billion
BRL

Capital Expenditures

R$1.70 Billion
BRL

Itaú Unibanco Holding S.A. Cash Flow Reinvestment Rate (2001–2025)

Historical reinvestment intensity for Itaú Unibanco Holding S.A. across 21 annual periods. For the full cash flow conversion analysis, see Itaú Unibanco Holding S.A. (ITUB3) cash conversion ratio.

Annual Cash Flow Reinvestment Rate for Itaú Unibanco Holding S.A. (2001–2025)

Year-by-year capital reinvestment analysis for Itaú Unibanco Holding S.A.. See Itaú Unibanco Holding S.A. (ITUB3) flexibility index 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 0.96x R$33.06 Billion R$34.47 Billion R$7.12 Billion ▼ -52.7%
2024 2.03x R$14.34 Billion R$7.07 Billion R$7.37 Billion ▲ +106.0%
2023 0.98x R$76.28 Billion R$77.49 Billion R$9.19 Billion ▲ +55.8%
2022 0.63x R$82.10 Billion R$129.97 Billion R$8.49 Billion ▲ +190.6%
2021 0.22x R$13.06 Billion R$60.11 Billion R$9.08 Billion ▲ +20.5%
2020 0.18x R$10.73 Billion R$59.49 Billion R$5.31 Billion ▼ -83.7%
2019 1.10x R$38.90 Billion R$35.22 Billion R$4.31 Billion ▲ +34.9%
2018 0.82x R$18.59 Billion R$22.71 Billion R$2.86 Billion ▼ -49.4%
2017 1.62x R$13.98 Billion R$8.64 Billion R$3.59 Billion ▲ +197.3%
2016 0.54x R$16.50 Billion R$30.31 Billion R$2.07 Billion ▲ +339.0%
2014 0.12x R$11.12 Billion R$89.73 Billion R$5.20 Billion ▼ -67.0%
2013 0.38x R$12.22 Billion R$32.53 Billion R$2.52 Billion ▲ +400.3%
2012 0.08x R$3.65 Billion R$48.63 Billion R$3.65 Billion ▲ +21.5%
2009 0.06x R$2.02 Billion R$32.67 Billion R$2.02 Billion ▼ -67.6%
2007 0.19x R$687.27 Million R$3.61 Billion R$687.27 Million ▲ +23.8%
2006 0.15x R$550.18 Million R$3.58 Billion R$550.18 Million ▲ +38.5%
2005 0.11x R$595.42 Million R$5.36 Billion R$595.42 Million ▼ -54.0%
2004 0.24x R$515.27 Million R$2.14 Billion R$515.27 Million ▲ +98.5%
2003 0.12x R$640.51 Million R$5.27 Billion R$640.51 Million ▲ +4.2%
2002 0.12x R$771.68 Million R$6.62 Billion R$771.68 Million ▲ +13.9%
2001 0.10x R$743.14 Million R$7.25 Billion R$743.14 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow