São Martinho S.A (SMTO3) — Cash Flow Reinvestment Rate
São Martinho S.A (SMTO3) has a Cash Flow Reinvestment Rate of 0.86x as of March 2026, reinvesting R$1.82 Billion (capex R$916.75 Million plus investments R$-903.84 Million) from operating cash flow of R$2.11 Billion. Check São Martinho S.A (SMTO3) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
São Martinho S.A Cash Flow Reinvestment Rate (2004–2026)
Historical reinvestment intensity for São Martinho S.A across 23 annual periods. Explore how much of São Martinho S.A's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for São Martinho S.A (2004–2026)
Year-by-year capital reinvestment analysis for São Martinho S.A. For live market cap and broader valuation context, see how much is São Martinho S.A worth.
| Year | Reinvestment Rate | Total Reinvested (BRL) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2026 | 1.31x | R$4.23 Billion | R$3.22 Billion | R$2.52 Billion | ▼ -22.1% |
| 2025 | 1.68x | R$4.53 Billion | R$2.69 Billion | R$2.78 Billion | ▲ +27.0% |
| 2024 | 1.33x | R$4.99 Billion | R$3.76 Billion | R$2.49 Billion | ▲ +14.7% |
| 2023 | 1.16x | R$3.45 Billion | R$2.99 Billion | R$1.20 Billion | ▼ -5.2% |
| 2022 | 1.22x | R$4.21 Billion | R$3.45 Billion | R$2.47 Billion | ▲ +20.1% |
| 2021 | 1.02x | R$2.31 Billion | R$2.27 Billion | R$1.51 Billion | ▲ +35.0% |
| 2020 | 0.75x | R$1.47 Billion | R$1.96 Billion | R$1.39 Billion | ▼ -28.7% |
| 2019 | 1.05x | R$1.77 Billion | R$1.68 Billion | R$1.29 Billion | ▲ +11.7% |
| 2018 | 0.94x | R$1.42 Billion | R$1.51 Billion | R$1.17 Billion | ▼ -3.1% |
| 2017 | 0.97x | R$925.38 Million | R$949.32 Million | R$873.77 Million | ▼ -50.1% |
| 2016 | 1.95x | R$1.46 Billion | R$749.64 Million | R$728.92 Million | ▲ +112.8% |
| 2015 | 0.92x | R$740.96 Million | R$806.85 Million | R$669.60 Million | ▼ -26.6% |
| 2014 | 1.25x | R$592.30 Million | R$473.42 Million | R$513.76 Million | ▲ +14.1% |
| 2013 | 1.10x | R$445.75 Million | R$406.63 Million | R$445.75 Million | ▼ -16.7% |
| 2012 | 1.32x | R$616.36 Million | R$468.27 Million | R$616.36 Million | ▲ +33.6% |
| 2011 | 0.99x | R$458.93 Million | R$465.86 Million | R$458.93 Million | ▲ +165.2% |
| 2010 | 0.37x | R$165.38 Million | R$445.27 Million | R$165.38 Million | ▼ -83.0% |
| 2009 | 2.19x | R$431.96 Million | R$197.42 Million | R$431.96 Million | ▼ -73.7% |
| 2008 | 8.32x | R$634.07 Million | R$76.23 Million | R$634.07 Million | ▲ +678.3% |
| 2007 | 1.07x | R$302.48 Million | R$283.02 Million | R$302.48 Million | ▼ -26.9% |
| 2006 | 1.46x | R$53.65 Million | R$36.70 Million | R$53.65 Million | ▲ +112.4% |
| 2005 | 0.69x | R$38.49 Million | R$55.91 Million | R$38.49 Million | ▲ +59.8% |
| 2004 | 0.43x | R$34.01 Million | R$78.92 Million | R$34.01 Million | — |