American States Water Company (AWR) — Capital Reinvestment Ratio
American States Water Company (AWR) has a Capital Reinvestment Ratio of 0.84x as of June 2026, meaning it reinvests 1% of its operating cash flow ($116.55 Million) in capital expenditures ($97.56 Million). Check AWR goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
American States Water Company Capital Reinvestment Ratio (1994–2025)
This chart tracks American States Water Company's Capital Reinvestment Ratio across 32 annual periods. For the full cash flow conversion analysis, see AWR operating cash flow.
Annual Capital Reinvestment Ratio for American States Water Company (1994–2025)
Year-by-year Capital Reinvestment Ratio for American States Water Company from 1994 to 2025. See American States Water Company 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 | 1.03x | $229.73 Million | $236.82 Million | ▼ -11.7% |
| 2024 | 1.17x | $198.73 Million | $231.96 Million | ▼ -58.1% |
| 2023 | 2.79x | $67.68 Million | $188.54 Million | ▲ +97.4% |
| 2022 | 1.41x | $117.80 Million | $166.24 Million | ▲ +12.9% |
| 2021 | 1.25x | $115.58 Million | $144.51 Million | ▲ +17.1% |
| 2020 | 1.07x | $122.17 Million | $130.42 Million | ▼ -17.9% |
| 2019 | 1.30x | $116.86 Million | $151.94 Million | ▲ +40.5% |
| 2018 | 0.93x | $136.77 Million | $126.56 Million | ▲ +18.2% |
| 2017 | 0.78x | $144.55 Million | $113.13 Million | ▼ -41.6% |
| 2016 | 1.34x | $96.95 Million | $129.87 Million | ▲ +46.0% |
| 2015 | 0.92x | $95.14 Million | $87.32 Million | ▲ +106.5% |
| 2014 | 0.44x | $163.27 Million | $72.55 Million | ▼ -38.1% |
| 2013 | 0.72x | $135.71 Million | $97.38 Million | ▲ +6.9% |
| 2012 | 0.67x | $101.49 Million | $68.10 Million | ▼ -33.0% |
| 2011 | 1.00x | $80.17 Million | $80.28 Million | ▼ -31.9% |
| 2010 | 1.47x | $53.76 Million | $79.05 Million | ▲ +37.8% |
| 2009 | 1.07x | $72.59 Million | $77.46 Million | ▼ -7.9% |
| 2008 | 1.16x | $63.10 Million | $73.09 Million | ▲ +18.5% |
| 2007 | 0.98x | $51.02 Million | $49.87 Million | ▼ -24.3% |
| 2006 | 1.29x | $51.56 Million | $66.60 Million | ▼ -0.9% |
| 2005 | 1.30x | $54.60 Million | $71.18 Million | ▼ -22.1% |
| 2004 | 1.67x | $50.34 Million | $84.22 Million | ▲ +36.7% |
| 2003 | 1.22x | $46.76 Million | $57.21 Million | ▼ -22.4% |
| 2002 | 1.58x | $25.78 Million | $40.66 Million | ▲ +29.7% |
| 2001 | 1.22x | $39.60 Million | $48.15 Million | ▼ -18.2% |
| 2000 | 1.49x | $30.79 Million | $45.76 Million | ▲ +0.3% |
| 1999 | 1.48x | $39.00 Million | $57.80 Million | ▲ +11.3% |
| 1998 | 1.33x | $31.40 Million | $41.80 Million | ▲ +10.1% |
| 1997 | 1.21x | $28.70 Million | $34.70 Million | ▲ +18.3% |
| 1996 | 1.02x | $31.30 Million | $32.00 Million | ▼ -25.1% |
| 1995 | 1.37x | $18.90 Million | $25.80 Million | ▼ -16.0% |
| 1994 | 1.63x | $17.60 Million | $28.60 Million | — |