SPS Commerce Inc (SPSC) — Capital Reinvestment Ratio
SPS Commerce Inc (SPSC) has a Capital Reinvestment Ratio of 0.13x as of March 2026, meaning it reinvests 0% of its operating cash flow ($55.63 Million) in capital expenditures ($7.14 Million). See SPSC net asset quality score to measure how much of total assets are equity-financed.
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. Check SPS Commerce Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for SPS Commerce Inc (2009–2025)
Year-by-year Capital Reinvestment Ratio for SPS Commerce Inc from 2009 to 2025. For live market cap and broader valuation context, see market value of SPS Commerce Inc.
| 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 | — |