Vonovia SE (VNA) — Cash Flow Reinvestment Rate
Vonovia SE (VNA) has a Cash Flow Reinvestment Rate of 1.98x as of September 2025, reinvesting €409.80 Million (capex €238.00 Million plus investments €-171.80 Million) from operating cash flow of €207.10 Million. See cash generation quality of Vonovia SE to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Vonovia SE Cash Flow Reinvestment Rate (2005–2024)
Historical reinvestment intensity for Vonovia SE across 20 annual periods. For the full cash flow conversion analysis, see VNA cash flow metrics.
Annual Cash Flow Reinvestment Rate for Vonovia SE (2005–2024)
Year-by-year capital reinvestment analysis for Vonovia SE. See Vonovia SE 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 |
|---|---|---|---|---|---|
| 2024 | 0.29x | €684.60 Million | €2.40 Billion | €497.00 Million | ▼ -76.9% |
| 2023 | 1.23x | €1.54 Billion | €1.25 Billion | €716.70 Million | ▲ +120.5% |
| 2022 | 0.56x | €1.17 Billion | €2.08 Billion | €228.20 Million | ▼ -19.3% |
| 2021 | 0.69x | €1.27 Billion | €1.82 Billion | €352.70 Million | ▼ -50.4% |
| 2020 | 1.40x | €2.00 Billion | €1.43 Billion | €272.30 Million | ▼ -44.1% |
| 2019 | 2.50x | €3.90 Billion | €1.56 Billion | €1.39 Billion | ▼ -32.5% |
| 2018 | 3.71x | €4.20 Billion | €1.13 Billion | €304.60 Million | ▲ +138.1% |
| 2017 | 1.56x | €1.47 Billion | €946.00 Million | €122.20 Million | ▲ +0.3% |
| 2016 | 1.55x | €1.29 Billion | €828.90 Million | €869.70 Million | ▲ +588.3% |
| 2015 | 0.23x | €155.50 Million | €689.80 Million | €155.50 Million | ▲ +999.4% |
| 2014 | 0.02x | €9.50 Million | €463.30 Million | €9.50 Million | ▼ -42.1% |
| 2013 | 0.04x | €9.20 Million | €259.60 Million | €8.30 Million | ▲ +100.9% |
| 2012 | 0.02x | €6.80 Million | €385.50 Million | €6.80 Million | ▲ +279.3% |
| 2011 | 0.00x | €2.70 Million | €580.60 Million | €2.70 Million | ▼ -29.1% |
| 2010 | 0.01x | €3.10 Million | €472.50 Million | €3.10 Million | ▼ -47.7% |
| 2009 | 0.01x | €5.10 Million | €406.20 Million | €5.10 Million | ▲ +44.5% |
| 2008 | 0.01x | €4.20 Million | €483.30 Million | €4.20 Million | ▲ +87.9% |
| 2007 | 0.00x | €2.50 Million | €540.60 Million | €2.50 Million | ▼ -97.3% |
| 2006 | 0.17x | €133.30 Million | €789.90 Million | €133.30 Million | ▲ +791.6% |
| 2005 | 0.02x | €10.40 Million | €549.50 Million | €10.40 Million | — |