ADVANCED INF SERV(ADVANC) (NVAA) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.41x

ADVANCED INF SERV(ADVANC) (NVAA) has a Cash Flow Reinvestment Rate of 0.41x as of June 2026, reinvesting €8.98 Billion (capex €8.57 Billion plus investments €412.11 Million) from operating cash flow of €21.66 Billion. See NVAA cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.41x
(Capex + Investments) / Operating CF

Total Reinvested

€8.98 Billion
Capex + Investments

Operating Cash Flow

€21.66 Billion
EUR

Capital Expenditures

€8.57 Billion
EUR

ADVANCED INF SERV(ADVANC) Cash Flow Reinvestment Rate (2014–2025)

Historical reinvestment intensity for ADVANCED INF SERV(ADVANC) across 12 annual periods. For the full cash flow conversion analysis, see ADVANCED INF SERV(ADVANC) (NVAA) cash conversion ratio.

Annual Cash Flow Reinvestment Rate for ADVANCED INF SERV(ADVANC) (2014–2025)

Year-by-year capital reinvestment analysis for ADVANCED INF SERV(ADVANC). See ADVANCED INF SERV(ADVANC) leverage flexibility ratio 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
2025 0.40x €47.75 Billion €120.81 Billion €47.14 Billion ▲ +21.3%
2024 0.33x €38.02 Billion €116.62 Billion €38.02 Billion ▼ -44.0%
2023 0.58x €50.99 Billion €87.64 Billion €50.99 Billion ▼ -45.2%
2022 1.06x €86.35 Billion €81.40 Billion €43.36 Billion ▲ +1.4%
2021 1.05x €90.65 Billion €86.63 Billion €45.30 Billion ▼ -18.2%
2020 1.28x €109.59 Billion €85.63 Billion €54.89 Billion ▲ +82.2%
2019 0.70x €53.83 Billion €76.63 Billion €27.05 Billion ▼ -42.6%
2018 1.22x €84.61 Billion €69.13 Billion €40.73 Billion ▲ +94.9%
2017 0.63x €41.15 Billion €65.53 Billion €41.11 Billion ▼ -19.1%
2016 0.78x €47.84 Billion €61.64 Billion €47.55 Billion ▲ +43.5%
2015 0.54x €33.33 Billion €61.63 Billion €32.11 Billion ▲ +6.8%
2014 0.51x €31.81 Billion €62.82 Billion €31.73 Billion —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow