First Quantum Minerals Ltd (FM) — Cash Flow Reinvestment Rate

Latest as of June 2026: 2.48x

First Quantum Minerals Ltd (FM) has a Cash Flow Reinvestment Rate of 2.48x as of June 2026, reinvesting CA$322.00 Million (capex CA$322.00 Million ) from operating cash flow of CA$130.00 Million. See FM free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

2.48x
(Capex + Investments) / Operating CF

Total Reinvested

CA$322.00 Million
Capex + Investments

Operating Cash Flow

CA$130.00 Million
CAD

Capital Expenditures

CA$322.00 Million
CAD

First Quantum Minerals Ltd Cash Flow Reinvestment Rate (1999–2025)

Historical reinvestment intensity for First Quantum Minerals Ltd across 26 annual periods. For the full cash flow conversion analysis, see First Quantum Minerals Ltd cash flow conversion.

Annual Cash Flow Reinvestment Rate for First Quantum Minerals Ltd (1999–2025)

Year-by-year capital reinvestment analysis for First Quantum Minerals Ltd. See FM free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (CAD) Operating CF Capex YoY Change
2025 0.71x CA$1.15 Billion CA$1.62 Billion CA$1.15 Billion ▼ -54.3%
2024 1.56x CA$2.58 Billion CA$1.65 Billion CA$1.29 Billion ▼ -16.1%
2023 1.86x CA$2.66 Billion CA$1.43 Billion CA$1.30 Billion ▲ +85.8%
2022 1.00x CA$2.34 Billion CA$2.33 Billion CA$1.17 Billion ▲ +164.0%
2021 0.38x CA$1.09 Billion CA$2.88 Billion CA$995.00 Million ▼ -52.3%
2020 0.80x CA$1.28 Billion CA$1.61 Billion CA$610.00 Million ▼ -79.0%
2019 3.80x CA$3.38 Billion CA$889.00 Million CA$1.46 Billion ▲ +53.6%
2018 2.47x CA$4.89 Billion CA$1.98 Billion CA$2.14 Billion ▼ -41.5%
2017 4.23x CA$3.87 Billion CA$914.00 Million CA$1.65 Billion ▲ +110.6%
2016 2.01x CA$1.85 Billion CA$923.00 Million CA$1.14 Billion ▲ +37.1%
2015 1.46x CA$1.74 Billion CA$1.19 Billion CA$1.56 Billion ▼ -61.5%
2014 3.80x CA$2.83 Billion CA$743.60 Million CA$2.65 Billion ▼ -28.8%
2013 5.34x CA$4.64 Billion CA$868.80 Million CA$2.60 Billion ▲ +33.1%
2012 4.01x CA$1.37 Billion CA$342.50 Million CA$1.37 Billion ▲ +57.5%
2011 2.55x CA$1.05 Billion CA$412.30 Million CA$1.05 Billion ▲ +436.4%
2010 0.47x CA$361.30 Million CA$761.30 Million CA$361.30 Million ▼ -26.2%
2009 0.64x CA$361.80 Million CA$562.60 Million CA$361.80 Million ▲ +6.9%
2008 0.60x CA$460.30 Million CA$765.40 Million CA$460.30 Million ▲ +1.8%
2007 0.59x CA$319.60 Million CA$540.80 Million CA$319.60 Million ▲ +6.0%
2006 0.56x CA$306.61 Million CA$549.88 Million CA$306.61 Million ▼ -37.5%
2005 0.89x CA$210.06 Million CA$235.49 Million CA$210.06 Million ▼ -85.8%
2004 6.30x CA$193.25 Million CA$30.69 Million CA$193.25 Million ▲ +146.8%
2003 2.55x CA$40.62 Million CA$15.92 Million CA$40.62 Million ▼ -26.2%
2001 3.46x CA$22.60 Million CA$6.54 Million CA$22.60 Million
2000 0.00x CA$0.00 CA$9.40 Million CA$0.00 ▼ -100.0%
1999 0.24x CA$2.38 Million CA$9.91 Million CA$2.38 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow