First Quantum Minerals Ltd (FM) — Cash Flow Reinvestment Rate
First Quantum Minerals Ltd (FM) has a Cash Flow Reinvestment Rate of 0.55x as of December 2025, reinvesting CA$1.13 Billion (capex CA$1.13 Billion ) from operating cash flow of CA$2.08 Billion. Explore FM capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
First Quantum Minerals Ltd Cash Flow Reinvestment Rate (1999–2025)
Historical reinvestment intensity for First Quantum Minerals Ltd across 26 annual periods. Also explore balance sheet size of First Quantum Minerals Ltd for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for First Quantum Minerals Ltd (1999–2025)
Year-by-year capital reinvestment analysis for First Quantum Minerals Ltd. For live market cap and broader valuation context, see First Quantum Minerals Ltd (FM) total market value.
| Year | Reinvestment Rate | Total Reinvested (CAD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.55x | CA$1.13 Billion | CA$2.08 Billion | CA$1.13 Billion | ▼ -65.1% |
| 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 | — |