Photronics Inc (PLAB) — Capital Reinvestment Ratio
Photronics Inc (PLAB) has a Capital Reinvestment Ratio of 0.97x as of April 2026, meaning it reinvests 1% of its operating cash flow ($47.03 Million) in capital expenditures ($45.80 Million). Check Photronics Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Photronics Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Photronics Inc's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see PLAB cash generation efficiency.
Annual Capital Reinvestment Ratio for Photronics Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Photronics Inc from 1989 to 2025. See Photronics Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.76x | $247.80 Million | $188.14 Million | ▲ +51.6% |
| 2024 | 0.50x | $261.44 Million | $130.94 Million | ▲ +15.3% |
| 2023 | 0.43x | $302.18 Million | $131.29 Million | ▲ +6.4% |
| 2022 | 0.41x | $275.19 Million | $112.34 Million | ▼ -43.7% |
| 2021 | 0.72x | $150.77 Million | $109.27 Million | ▲ +46.1% |
| 2020 | 0.50x | $143.05 Million | $70.97 Million | ▼ -79.9% |
| 2019 | 2.47x | $71.84 Million | $177.19 Million | ▲ +247.8% |
| 2018 | 0.71x | $130.57 Million | $92.58 Million | ▼ -25.3% |
| 2017 | 0.95x | $96.83 Million | $91.97 Million | ▲ +131.3% |
| 2016 | 0.41x | $122.14 Million | $50.15 Million | ▼ -47.4% |
| 2015 | 0.78x | $133.19 Million | $104.03 Million | ▼ -17.4% |
| 2014 | 0.95x | $96.36 Million | $91.08 Million | ▲ +47.3% |
| 2013 | 0.64x | $99.40 Million | $63.79 Million | ▼ -12.3% |
| 2012 | 0.73x | $132.55 Million | $96.98 Million | ▲ +21.7% |
| 2011 | 0.60x | $136.55 Million | $82.12 Million | ▼ -19.2% |
| 2010 | 0.74x | $95.92 Million | $71.38 Million | ▲ +44.9% |
| 2009 | 0.51x | $68.15 Million | $34.99 Million | ▼ -55.0% |
| 2008 | 1.14x | $92.08 Million | $105.12 Million | ▲ +63.4% |
| 2007 | 0.70x | $134.69 Million | $94.13 Million | ▼ -14.2% |
| 2006 | 0.81x | $116.20 Million | $94.65 Million | ▼ -4.3% |
| 2005 | 0.85x | $142.57 Million | $121.35 Million | ▲ +34.1% |
| 2004 | 0.63x | $126.22 Million | $80.14 Million | ▲ +12.4% |
| 2003 | 0.56x | $83.23 Million | $47.02 Million | ▼ -39.1% |
| 2002 | 0.93x | $136.40 Million | $126.46 Million | ▲ +116.4% |
| 2001 | 0.43x | $113.58 Million | $48.67 Million | ▼ -51.3% |
| 2000 | 0.88x | $49.59 Million | $43.60 Million | ▼ -32.8% |
| 1999 | 1.31x | $55.30 Million | $72.40 Million | ▼ -40.3% |
| 1998 | 2.19x | $45.10 Million | $98.90 Million | ▲ +5.9% |
| 1997 | 2.07x | $46.50 Million | $96.30 Million | ▲ +43.3% |
| 1996 | 1.45x | $38.60 Million | $55.80 Million | ▲ +36.8% |
| 1995 | 1.06x | $33.60 Million | $35.50 Million | ▲ +257.9% |
| 1994 | 0.30x | $21.00 Million | $6.20 Million | ▼ -80.0% |
| 1993 | 1.48x | $10.50 Million | $15.50 Million | ▲ +16.1% |
| 1992 | 1.27x | $9.20 Million | $11.70 Million | ▲ +74.9% |
| 1991 | 0.73x | $8.80 Million | $6.40 Million | ▼ -7.0% |
| 1990 | 0.78x | $7.80 Million | $6.10 Million | ▼ -0.9% |
| 1989 | 0.79x | $3.80 Million | $3.00 Million | — |