Smith AO Corporation (AOS) — Capital Reinvestment Ratio
Smith AO Corporation (AOS) has a Capital Reinvestment Ratio of 0.06x as of September 2025, meaning it reinvests 0% of its operating cash flow ($255.40 Million) in capital expenditures ($14.80 Million). Check AOS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Smith AO Corporation Capital Reinvestment Ratio (1989–2024)
This chart tracks Smith AO Corporation's Capital Reinvestment Ratio across 35 annual periods. For the full cash flow conversion analysis, see Smith AO Corporation cash conversion from operations.
Annual Capital Reinvestment Ratio for Smith AO Corporation (1989–2024)
Year-by-year Capital Reinvestment Ratio for Smith AO Corporation from 1989 to 2024. See Smith AO Corporation 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 |
|---|---|---|---|---|
| 2024 | 0.19x | $581.80 Million | $108.00 Million | ▲ +71.4% |
| 2023 | 0.11x | $670.30 Million | $72.60 Million | ▼ -39.7% |
| 2022 | 0.18x | $391.40 Million | $70.30 Million | ▲ +53.3% |
| 2021 | 0.12x | $641.10 Million | $75.10 Million | ▲ +15.9% |
| 2020 | 0.10x | $562.10 Million | $56.80 Million | ▼ -28.4% |
| 2019 | 0.14x | $456.20 Million | $64.40 Million | ▼ -25.6% |
| 2018 | 0.19x | $448.90 Million | $85.20 Million | ▼ -34.2% |
| 2017 | 0.29x | $326.40 Million | $94.20 Million | ▲ +59.7% |
| 2016 | 0.18x | $446.60 Million | $80.70 Million | ▼ -14.4% |
| 2015 | 0.21x | $344.40 Million | $72.70 Million | ▼ -35.3% |
| 2014 | 0.33x | $263.90 Million | $86.10 Million | ▼ -6.6% |
| 2013 | 0.35x | $279.60 Million | $97.70 Million | ▼ -28.1% |
| 2012 | 0.49x | $143.80 Million | $69.90 Million | ▼ -50.0% |
| 2011 | 0.97x | $55.00 Million | $53.50 Million | ▲ +126.9% |
| 2010 | 0.43x | $124.80 Million | $53.50 Million | ▲ +101.3% |
| 2009 | 0.21x | $267.60 Million | $57.00 Million | ▼ -65.6% |
| 2008 | 0.62x | $106.60 Million | $66.10 Million | ▲ +65.4% |
| 2007 | 0.37x | $190.50 Million | $71.40 Million | ▼ -22.3% |
| 2006 | 0.48x | $141.40 Million | $68.20 Million | ▲ +78.0% |
| 2005 | 0.27x | $186.70 Million | $50.60 Million | ▼ -62.7% |
| 2004 | 0.73x | $66.60 Million | $48.40 Million | ▼ -59.2% |
| 2003 | 1.78x | $25.20 Million | $44.90 Million | ▲ +383.1% |
| 2002 | 0.37x | $115.17 Million | $42.47 Million | ▼ -48.0% |
| 2001 | 0.71x | $49.83 Million | $35.32 Million | ▲ +51.8% |
| 2000 | 0.47x | $86.76 Million | $40.52 Million | ▼ -31.7% |
| 1999 | 0.68x | $48.01 Million | $32.81 Million | ▲ +83.2% |
| 1998 | 0.37x | $74.66 Million | $27.85 Million | ▲ +91.5% |
| 1996 | 0.19x | $194.08 Million | $37.80 Million | ▼ -75.3% |
| 1995 | 0.79x | $115.52 Million | $91.00 Million | ▲ +23.6% |
| 1994 | 0.64x | $119.47 Million | $76.13 Million | ▲ +34.4% |
| 1993 | 0.47x | $115.35 Million | $54.70 Million | ▼ -31.5% |
| 1992 | 0.69x | $67.70 Million | $46.90 Million | ▼ -31.1% |
| 1991 | 1.01x | $57.70 Million | $58.00 Million | ▲ +9.2% |
| 1990 | 0.92x | $78.90 Million | $72.60 Million | ▼ -12.0% |
| 1989 | 1.05x | $50.20 Million | $52.50 Million | — |