SPS Commerce Inc (SPSC) — Capital Reinvestment Ratio
SPS Commerce Inc (SPSC) has a Capital Reinvestment Ratio of 0.13x as of June 2026, meaning it reinvests 0% of its operating cash flow ($66.03 Million) in capital expenditures ($8.60 Million). Check SPS Commerce Inc (SPSC) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
SPS Commerce Inc Capital Reinvestment Ratio (2009–2025)
This chart tracks SPS Commerce Inc's Capital Reinvestment Ratio across 17 annual periods. For the full cash flow conversion analysis, see SPS Commerce Inc (SPSC) cash conversion ratio.
Annual Capital Reinvestment Ratio for SPS Commerce Inc (2009–2025)
Year-by-year Capital Reinvestment Ratio for SPS Commerce Inc from 2009 to 2025. See SPSC free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.15x | $178.79 Million | $26.52 Million | ▲ +16.5% |
| 2024 | 0.13x | $157.40 Million | $20.05 Million | ▼ -14.7% |
| 2023 | 0.15x | $132.30 Million | $19.76 Million | ▼ -24.8% |
| 2022 | 0.20x | $100.05 Million | $19.88 Million | ▲ +14.5% |
| 2021 | 0.17x | $112.89 Million | $19.59 Million | ▼ -6.7% |
| 2020 | 0.19x | $88.56 Million | $16.47 Million | ▼ -1.7% |
| 2019 | 0.19x | $71.79 Million | $13.59 Million | ▼ -24.3% |
| 2018 | 0.25x | $55.02 Million | $13.75 Million | ▲ +6.7% |
| 2017 | 0.23x | $31.05 Million | $7.27 Million | ▼ -45.1% |
| 2016 | 0.43x | $18.77 Million | $8.01 Million | ▼ -29.7% |
| 2015 | 0.61x | $14.43 Million | $8.76 Million | ▲ +34.4% |
| 2014 | 0.45x | $16.79 Million | $7.58 Million | ▲ +44.5% |
| 2013 | 0.31x | $18.24 Million | $5.70 Million | ▼ -64.3% |
| 2012 | 0.88x | $6.83 Million | $5.98 Million | ▲ +52.1% |
| 2011 | 0.58x | $4.49 Million | $2.58 Million | ▲ +59.9% |
| 2010 | 0.36x | $4.92 Million | $1.77 Million | ▲ +85.8% |
| 2009 | 0.19x | $5.16 Million | $1.00 Million | — |