Volkswagen AG (VOW) — Cash Flow Reinvestment Rate

Latest as of June 2026: 7.65x

Volkswagen AG (VOW) has a Cash Flow Reinvestment Rate of 7.65x as of June 2026, reinvesting €5.02 Billion (capex €4.80 Billion plus investments €-222.00 Million) from operating cash flow of €657.00 Million. See VOW cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

7.65x
(Capex + Investments) / Operating CF

Total Reinvested

€5.02 Billion
Capex + Investments

Operating Cash Flow

€657.00 Million
EUR

Capital Expenditures

€4.80 Billion
EUR

Volkswagen AG Cash Flow Reinvestment Rate (2000–2025)

Historical reinvestment intensity for Volkswagen AG across 25 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Volkswagen AG.

Annual Cash Flow Reinvestment Rate for Volkswagen AG (2000–2025)

Year-by-year capital reinvestment analysis for Volkswagen AG. See financial agility of Volkswagen 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 1.72x €25.83 Billion €15.01 Billion €24.35 Billion ▼ -50.0%
2024 3.44x €59.02 Billion €17.15 Billion €27.45 Billion ▲ +18.1%
2023 2.91x €56.41 Billion €19.36 Billion €25.80 Billion ▲ +28.8%
2022 2.26x €64.49 Billion €28.50 Billion €22.67 Billion ▲ +289.2%
2021 0.58x €22.47 Billion €38.63 Billion €18.50 Billion ▼ -38.8%
2020 0.95x €23.67 Billion €24.90 Billion €17.75 Billion ▼ -12.5%
2019 1.09x €19.55 Billion €17.98 Billion €19.40 Billion ▼ -61.5%
2018 2.83x €20.55 Billion €7.27 Billion €18.96 Billion ▼ -32.7%
2016 4.20x €39.58 Billion €9.43 Billion €18.90 Billion ▲ +190.1%
2015 1.45x €19.79 Billion €13.68 Billion €18.23 Billion ▼ -17.6%
2014 1.76x €18.93 Billion €10.78 Billion €16.61 Billion ▲ +33.0%
2013 1.32x €16.62 Billion €12.60 Billion €15.41 Billion ▼ -38.0%
2012 2.13x €15.34 Billion €7.21 Billion €13.11 Billion ▲ +85.4%
2011 1.15x €9.75 Billion €8.50 Billion €9.75 Billion ▲ +77.0%
2010 0.65x €7.42 Billion €11.46 Billion €7.42 Billion ▲ +4.4%
2009 0.62x €7.91 Billion €12.74 Billion €7.91 Billion ▼ -86.2%
2008 4.50x €12.15 Billion €2.70 Billion €12.15 Billion ▲ +696.3%
2007 0.56x €8.85 Billion €15.66 Billion €8.85 Billion ▲ +5.7%
2006 0.53x €7.73 Billion €14.47 Billion €7.73 Billion ▼ -35.1%
2005 0.82x €8.82 Billion €10.71 Billion €8.82 Billion ▲ +4.9%
2004 0.78x €8.99 Billion €11.46 Billion €8.99 Billion ▼ -26.1%
2003 1.06x €8.89 Billion €8.37 Billion €8.89 Billion ▲ +19.6%
2002 0.89x €9.29 Billion €10.46 Billion €9.29 Billion ▲ +1.3%
2001 0.88x €8.80 Billion €10.04 Billion €8.80 Billion ▲ +9.2%
2000 0.80x €7.39 Billion €9.21 Billion €7.39 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow