Heidelberg Materials AG (HEI) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.43x

Heidelberg Materials AG (HEI) has a Cash Flow Reinvestment Rate of 0.43x as of December 2025, reinvesting €1.41 Billion (capex €1.41 Billion ) from operating cash flow of €3.25 Billion. See Heidelberg Materials AG free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.43x
(Capex + Investments) / Operating CF

Total Reinvested

€1.41 Billion
Capex + Investments

Operating Cash Flow

€3.25 Billion
EUR

Capital Expenditures

€1.41 Billion
EUR

Heidelberg Materials AG Cash Flow Reinvestment Rate (2002–2025)

Historical reinvestment intensity for Heidelberg Materials AG across 24 annual periods. For the full cash flow conversion analysis, see HEI operating cash flow.

Annual Cash Flow Reinvestment Rate for Heidelberg Materials AG (2002–2025)

Year-by-year capital reinvestment analysis for Heidelberg Materials AG. See financial agility of Heidelberg Materials AG 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 0.44x €1.44 Billion €3.25 Billion €1.36 Billion ▼ -54.2%
2024 0.97x €3.14 Billion €3.23 Billion €1.32 Billion ▲ +10.7%
2023 0.88x €2.81 Billion €3.21 Billion €1.33 Billion ▼ -24.7%
2022 1.16x €2.82 Billion €2.42 Billion €1.34 Billion ▲ +95.8%
2021 0.59x €1.42 Billion €2.40 Billion €1.42 Billion ▲ +80.6%
2020 0.33x €996.40 Million €3.03 Billion €969.30 Million ▼ -27.7%
2019 0.46x €1.21 Billion €2.66 Billion €1.18 Billion ▼ -21.3%
2018 0.58x €1.14 Billion €1.97 Billion €1.06 Billion ▲ +7.2%
2017 0.54x €1.10 Billion €2.04 Billion €1.04 Billion ▼ -69.9%
2016 1.79x €3.36 Billion €1.87 Billion €1.04 Billion ▲ +177.7%
2015 0.65x €936.00 Million €1.45 Billion €907.70 Million ▲ +1.2%
2014 0.64x €944.00 Million €1.48 Billion €941.20 Million ▼ -41.9%
2013 1.10x €1.16 Billion €1.06 Billion €936.40 Million ▲ +100.0%
2012 0.55x €831.40 Million €1.51 Billion €831.40 Million ▼ -16.3%
2011 0.66x €874.40 Million €1.33 Billion €874.40 Million ▲ +2.3%
2010 0.64x €734.00 Million €1.14 Billion €734.00 Million ▼ -6.2%
2009 0.68x €795.78 Million €1.16 Billion €795.78 Million ▼ -5.4%
2008 0.72x €1.10 Billion €1.52 Billion €1.10 Billion ▲ +32.9%
2007 0.54x €1.04 Billion €1.91 Billion €1.04 Billion ▲ +21.7%
2006 0.45x €562.20 Million €1.26 Billion €562.20 Million ▼ -35.2%
2005 0.69x €548.12 Million €795.02 Million €548.12 Million ▲ +38.5%
2004 0.50x €466.49 Million €937.35 Million €466.49 Million ▼ -14.9%
2003 0.58x €386.15 Million €660.22 Million €386.15 Million ▲ +20.9%
2002 0.48x €457.24 Million €944.84 Million €457.24 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow