H2O America (HTO) — Capital Reinvestment Ratio
H2O America (HTO) has a Capital Reinvestment Ratio of 2.82x as of September 2025, meaning it reinvests 3% of its operating cash flow ($77.27 Million) in capital expenditures ($217.87 Million). Check how tangible is H2O America's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
H2O America Capital Reinvestment Ratio (1994–2024)
This chart tracks H2O America's Capital Reinvestment Ratio across 31 annual periods. For the full cash flow conversion analysis, see H2O America (HTO) cash flow conversion.
Annual Capital Reinvestment Ratio for H2O America (1994–2024)
Year-by-year Capital Reinvestment Ratio for H2O America from 1994 to 2024. See cash generation quality of H2O America to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 1.95x | $195.53 Million | $380.64 Million | ▲ +27.8% |
| 2023 | 1.52x | $190.83 Million | $290.72 Million | ▲ +3.7% |
| 2022 | 1.47x | $166.20 Million | $244.24 Million | ▼ -24.7% |
| 2021 | 1.95x | $130.04 Million | $253.81 Million | ▼ -5.5% |
| 2020 | 2.07x | $104.05 Million | $214.97 Million | ▲ +46.8% |
| 2019 | 1.41x | $130.00 Million | $182.91 Million | ▼ -13.4% |
| 2018 | 1.62x | $91.34 Million | $148.34 Million | ▲ +7.7% |
| 2017 | 1.51x | $101.11 Million | $152.41 Million | ▲ +18.6% |
| 2016 | 1.27x | $114.57 Million | $145.58 Million | ▲ +12.9% |
| 2015 | 1.13x | $98.15 Million | $110.45 Million | ▼ -28.3% |
| 2014 | 1.57x | $65.91 Million | $103.49 Million | ▲ +2.6% |
| 2013 | 1.53x | $63.42 Million | $97.02 Million | ▲ +6.6% |
| 2012 | 1.44x | $74.37 Million | $106.76 Million | ▲ +28.8% |
| 2011 | 1.11x | $64.20 Million | $71.57 Million | ▼ -58.8% |
| 2010 | 2.71x | $37.17 Million | $100.66 Million | ▲ +130.3% |
| 2009 | 1.18x | $54.55 Million | $64.16 Million | ▼ -14.8% |
| 2008 | 1.38x | $51.79 Million | $71.54 Million | ▼ -21.9% |
| 2007 | 1.77x | $42.03 Million | $74.38 Million | ▲ +9.8% |
| 2006 | 1.61x | $44.52 Million | $71.76 Million | ▲ +32.7% |
| 2005 | 1.21x | $42.62 Million | $51.77 Million | ▲ +18.5% |
| 2004 | 1.03x | $41.23 Million | $42.26 Million | ▼ -30.8% |
| 2003 | 1.48x | $42.02 Million | $62.25 Million | ▲ +14.6% |
| 2002 | 1.29x | $29.09 Million | $37.60 Million | ▼ -31.5% |
| 2001 | 1.89x | $25.45 Million | $48.00 Million | ▲ +34.2% |
| 2000 | 1.40x | $24.03 Million | $33.77 Million | ▲ +2.4% |
| 1999 | 1.37x | $23.58 Million | $32.36 Million | ▼ -4.5% |
| 1998 | 1.44x | $26.93 Million | $38.72 Million | ▲ +42.0% |
| 1997 | 1.01x | $23.90 Million | $24.20 Million | ▼ -7.4% |
| 1996 | 1.09x | $19.30 Million | $21.10 Million | ▲ +27.7% |
| 1995 | 0.86x | $22.20 Million | $19.00 Million | ▼ -9.0% |
| 1994 | 0.94x | $18.50 Million | $17.40 Million | — |