Arrow Financial Corporation (AROW) — Capital Reinvestment Ratio
Arrow Financial Corporation (AROW) has a Capital Reinvestment Ratio of 0.27x as of June 2026, meaning it reinvests 0% of its operating cash flow ($15.79 Million) in capital expenditures ($4.21 Million). Check tangible equity quality of Arrow Financial Corporation to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Arrow Financial Corporation Capital Reinvestment Ratio (1991–2025)
This chart tracks Arrow Financial Corporation's Capital Reinvestment Ratio across 35 annual periods. For the full cash flow conversion analysis, see AROW cash flow conversion.
Annual Capital Reinvestment Ratio for Arrow Financial Corporation (1991–2025)
Year-by-year Capital Reinvestment Ratio for Arrow Financial Corporation from 1991 to 2025. See cash generation quality of Arrow Financial Corporation to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |