American Water Works (AWK) — Capital Reinvestment Ratio
American Water Works (AWK) has a Capital Reinvestment Ratio of 1.43x as of June 2026, meaning it reinvests 1% of its operating cash flow ($602.00 Million) in capital expenditures ($860.00 Million). Check tangible equity quality of American Water Works to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
American Water Works Capital Reinvestment Ratio (1989–2025)
This chart tracks American Water Works's Capital Reinvestment Ratio across 34 annual periods. For the full cash flow conversion analysis, see American Water Works (AWK) cash conversion ratio.
Annual Capital Reinvestment Ratio for American Water Works (1989–2025)
Year-by-year Capital Reinvestment Ratio for American Water Works from 1989 to 2025. See American Water Works free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.52x | $2.06 Billion | $3.13 Billion | ▲ +8.7% |
| 2024 | 1.40x | $2.04 Billion | $2.86 Billion | ▼ -4.3% |
| 2023 | 1.46x | $1.87 Billion | $2.73 Billion | ▼ -33.2% |
| 2022 | 2.18x | $1.11 Billion | $2.42 Billion | ▲ +68.0% |
| 2021 | 1.30x | $1.44 Billion | $1.87 Billion | ▼ -3.9% |
| 2020 | 1.35x | $1.43 Billion | $1.93 Billion | ▲ +6.4% |
| 2019 | 1.27x | $1.38 Billion | $1.76 Billion | ▲ +5.3% |
| 2018 | 1.21x | $1.39 Billion | $1.67 Billion | ▲ +15.8% |
| 2017 | 1.04x | $1.45 Billion | $1.51 Billion | ▼ -4.7% |
| 2016 | 1.09x | $1.28 Billion | $1.40 Billion | ▲ +1.7% |
| 2015 | 1.07x | $1.18 Billion | $1.27 Billion | ▲ +14.0% |
| 2014 | 0.94x | $1.10 Billion | $1.03 Billion | ▼ -19.2% |
| 2013 | 1.17x | $896.16 Million | $1.04 Billion | ▲ +13.0% |
| 2012 | 1.03x | $955.60 Million | $985.67 Million | ▼ -14.7% |
| 2011 | 1.21x | $808.36 Million | $977.99 Million | ▲ +15.8% |
| 2010 | 1.04x | $774.93 Million | $809.33 Million | ▼ -23.6% |
| 2009 | 1.37x | $596.16 Million | $815.16 Million | ▼ -27.0% |
| 2008 | 1.87x | $552.17 Million | $1.03 Billion | ▲ +15.4% |
| 2007 | 1.62x | $473.71 Million | $768.42 Million | ▼ -26.0% |
| 2006 | 2.19x | $323.75 Million | $709.29 Million | ▲ +108.3% |
| 2005 | 1.05x | $525.43 Million | $552.64 Million | ▼ -13.3% |
| 2001 | 1.21x | $327.61 Million | $397.30 Million | ▼ -6.1% |
| 2000 | 1.29x | $303.15 Million | $391.53 Million | ▼ -11.9% |
| 1999 | 1.47x | $329.39 Million | $482.76 Million | ▲ +1.3% |
| 1998 | 1.45x | $269.90 Million | $390.60 Million | ▲ +9.7% |
| 1997 | 1.32x | $267.10 Million | $352.40 Million | ▲ +0.5% |
| 1996 | 1.31x | $208.50 Million | $273.70 Million | ▼ -28.9% |
| 1995 | 1.85x | $179.10 Million | $330.80 Million | ▲ +23.3% |
| 1994 | 1.50x | $177.30 Million | $265.70 Million | ▲ +9.0% |
| 1993 | 1.38x | $140.40 Million | $193.10 Million | ▼ -0.7% |
| 1992 | 1.38x | $142.60 Million | $197.50 Million | ▼ -3.4% |
| 1991 | 1.43x | $127.40 Million | $182.60 Million | ▼ -30.5% |
| 1990 | 2.06x | $96.40 Million | $198.90 Million | ▲ +2.8% |
| 1989 | 2.01x | $104.80 Million | $210.30 Million | — |