Arrow Financial Corporation (AROW) — Capital Reinvestment Ratio
Latest as of March 2026:
0.09x
Arrow Financial Corporation (AROW) has a Capital Reinvestment Ratio of 0.09x as of March 2026, meaning it reinvests 0% of its operating cash flow ($15.24 Million) in capital expenditures ($1.30 Million). See AROW cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.09x
Capex / Operating Cash Flow
Operating Cash Flow
$15.24 Million
USD
Capital Expenditures
$1.30 Million
USD
Data as of
Mar 2026
Most recent filing
Arrow Financial Corporation Capital Reinvestment Ratio (1991–2025)
This chart tracks Arrow Financial Corporation's Capital Reinvestment Ratio across 35 annual periods.
Annual Capital Reinvestment Ratio for Arrow Financial Corporation (1991–2025)
Year-by-year Capital Reinvestment Ratio for Arrow Financial Corporation from 1991 to 2025. For live market cap and broader valuation context, see how much is Arrow Financial Corporation worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | $41.28 Million | $5.09 Million | ▼ -24.1% |
| 2024 | 0.16x | $34.47 Million | $5.60 Million | ▼ -32.0% |
| 2023 | 0.24x | $59.71 Million | $14.25 Million | ▲ +0.0% |
| 2022 | 0.24x | $59.71 Million | $14.25 Million | ▲ +128.1% |
| 2021 | 0.10x | $68.21 Million | $7.14 Million | ▼ -13.7% |
| 2020 | 0.12x | $42.31 Million | $5.13 Million | ▼ -31.5% |
| 2019 | 0.18x | $43.94 Million | $7.79 Million | ▲ +45.7% |
| 2018 | 0.12x | $41.98 Million | $5.10 Million | ▲ +76.7% |
| 2017 | 0.07x | $37.83 Million | $2.60 Million | ▲ +65.6% |
| 2016 | 0.04x | $34.70 Million | $1.44 Million | ▼ -25.9% |
| 2015 | 0.06x | $28.93 Million | $1.62 Million | ▲ +17.0% |
| 2014 | 0.05x | $30.64 Million | $1.47 Million | ▼ -21.3% |
| 2013 | 0.06x | $36.67 Million | $2.23 Million | ▼ -75.5% |
| 2012 | 0.25x | $32.46 Million | $8.07 Million | ▲ +67.1% |
| 2011 | 0.15x | $36.09 Million | $5.37 Million | ▲ +40.7% |
| 2010 | 0.11x | $10.22 Million | $1.08 Million | ▼ -19.8% |
| 2009 | 0.13x | $18.96 Million | $2.50 Million | ▲ +36.7% |
| 2008 | 0.10x | $25.59 Million | $2.47 Million | ▲ +41.1% |
| 2007 | 0.07x | $21.21 Million | $1.45 Million | ▲ +17.5% |
| 2006 | 0.06x | $23.18 Million | $1.35 Million | ▼ -12.9% |
| 2005 | 0.07x | $23.77 Million | $1.59 Million | ▼ -21.8% |
| 2004 | 0.09x | $21.61 Million | $1.85 Million | ▲ +45.9% |
| 2003 | 0.06x | $26.15 Million | $1.53 Million | ▼ -30.2% |
| 2002 | 0.08x | $18.96 Million | $1.59 Million | ▲ +30.6% |
| 2001 | 0.06x | $28.13 Million | $1.81 Million | ▼ -26.7% |
| 2000 | 0.09x | $20.21 Million | $1.77 Million | ▼ -34.9% |
| 1999 | 0.13x | $14.10 Million | $1.90 Million | ▲ +128.1% |
| 1998 | 0.06x | $23.70 Million | $1.40 Million | ▼ -21.2% |
| 1997 | 0.08x | $12.00 Million | $900.00K | ▼ -53.9% |
| 1996 | 0.16x | $12.90 Million | $2.10 Million | ▲ +692.2% |
| 1995 | 0.02x | $29.20 Million | $600.00K | ▼ -46.1% |
| 1994 | 0.04x | $21.00 Million | $800.00K | ▲ +319.0% |
| 1993 | 0.01x | $44.00 Million | $400.00K | ▼ -50.6% |
| 1992 | 0.02x | $38.00 Million | $700.00K | ▼ -77.2% |
| 1991 | 0.08x | $21.00 Million | $1.70 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow