Telefônica Brasil S.A. (VIVT3) — Cash Flow Reinvestment Rate
Telefônica Brasil S.A. (VIVT3) has a Cash Flow Reinvestment Rate of 0.98x as of September 2025, reinvesting R$4.52 Billion (capex R$2.36 Billion plus investments R$-2.16 Billion) from operating cash flow of R$4.61 Billion. See VIVT3 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Telefônica Brasil S.A. Cash Flow Reinvestment Rate (1998–2024)
Historical reinvestment intensity for Telefônica Brasil S.A. across 27 annual periods. For the full cash flow conversion analysis, see VIVT3 cash generation efficiency.
Annual Cash Flow Reinvestment Rate for Telefônica Brasil S.A. (1998–2024)
Year-by-year capital reinvestment analysis for Telefônica Brasil S.A.. See VIVT3 free cash flow debt coverage 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 |
|---|---|---|---|---|---|
| 2024 | 0.92x | R$18.24 Billion | R$19.88 Billion | R$9.32 Billion | ▼ -2.1% |
| 2023 | 0.94x | R$17.61 Billion | R$18.79 Billion | R$8.81 Billion | ▼ -26.3% |
| 2022 | 1.27x | R$24.10 Billion | R$18.94 Billion | R$9.89 Billion | ▲ +141.0% |
| 2021 | 0.53x | R$9.54 Billion | R$18.07 Billion | R$9.30 Billion | ▲ +19.6% |
| 2020 | 0.44x | R$8.53 Billion | R$19.34 Billion | R$8.29 Billion | ▼ -13.9% |
| 2019 | 0.51x | R$9.08 Billion | R$17.72 Billion | R$8.84 Billion | ▼ -28.1% |
| 2018 | 0.71x | R$8.52 Billion | R$11.94 Billion | R$8.52 Billion | ▲ +7.3% |
| 2017 | 0.66x | R$8.40 Billion | R$12.64 Billion | R$8.37 Billion | ▼ -47.1% |
| 2016 | 1.26x | R$14.37 Billion | R$11.44 Billion | R$7.47 Billion | ▲ +82.1% |
| 2015 | 0.69x | R$6.82 Billion | R$9.90 Billion | R$6.79 Billion | ▼ -14.5% |
| 2014 | 0.81x | R$7.57 Billion | R$9.38 Billion | R$7.54 Billion | ▲ +32.3% |
| 2013 | 0.61x | R$5.84 Billion | R$9.58 Billion | R$5.84 Billion | ▲ +34.8% |
| 2012 | 0.45x | R$4.55 Billion | R$10.05 Billion | R$4.55 Billion | ▼ -20.9% |
| 2011 | 0.57x | R$4.65 Billion | R$8.14 Billion | R$4.65 Billion | ▲ +21.8% |
| 2010 | 0.47x | R$2.13 Billion | R$4.53 Billion | R$2.13 Billion | ▼ -10.2% |
| 2009 | 0.52x | R$2.32 Billion | R$4.45 Billion | R$2.32 Billion | ▲ +27.4% |
| 2008 | 0.41x | R$2.10 Billion | R$5.13 Billion | R$2.10 Billion | ▼ -2.7% |
| 2007 | 0.42x | R$1.99 Billion | R$4.73 Billion | R$1.99 Billion | ▲ +22.5% |
| 2006 | 0.34x | R$1.72 Billion | R$5.00 Billion | R$1.72 Billion | ▲ +13.7% |
| 2005 | 0.30x | R$1.67 Billion | R$5.54 Billion | R$1.67 Billion | ▲ +26.6% |
| 2004 | 0.24x | R$1.34 Billion | R$5.61 Billion | R$1.34 Billion | ▼ -10.0% |
| 2003 | 0.27x | R$1.32 Billion | R$4.98 Billion | R$1.32 Billion | ▼ -22.6% |
| 2002 | 0.34x | R$1.57 Billion | R$4.57 Billion | R$1.57 Billion | ▼ -71.1% |
| 2001 | 1.19x | R$4.48 Billion | R$3.77 Billion | R$4.48 Billion | ▼ -25.6% |
| 2000 | 1.60x | R$4.22 Billion | R$2.64 Billion | R$4.22 Billion | ▲ +49.9% |
| 1999 | 1.06x | R$2.86 Billion | R$2.69 Billion | R$2.86 Billion | ▼ -12.2% |
| 1998 | 1.21x | R$2.59 Billion | R$2.14 Billion | R$2.59 Billion | — |