Northwest Natural Gas Co (NWN) — Capital Reinvestment Ratio
Northwest Natural Gas Co (NWN) has a Capital Reinvestment Ratio of 0.98x as of March 2026, meaning it reinvests 1% of its operating cash flow ($116.13 Million) in capital expenditures ($113.66 Million). Check Northwest Natural Gas Co 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
Northwest Natural Gas Co Capital Reinvestment Ratio (1994–2025)
This chart tracks Northwest Natural Gas Co's Capital Reinvestment Ratio across 27 annual periods. For the full cash flow conversion analysis, see NWN cash flow metrics.
Annual Capital Reinvestment Ratio for Northwest Natural Gas Co (1994–2025)
Year-by-year Capital Reinvestment Ratio for Northwest Natural Gas Co from 1994 to 2025. See Northwest Natural Gas Co (NWN) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.73x | $269.12 Million | $466.89 Million | ▼ -11.9% |
| 2024 | 1.97x | $200.28 Million | $394.40 Million | ▲ +68.4% |
| 2023 | 1.17x | $279.95 Million | $327.35 Million | ▼ -49.1% |
| 2022 | 2.30x | $147.67 Million | $339.36 Million | ▲ +24.8% |
| 2021 | 1.84x | $160.35 Million | $295.26 Million | ▼ -6.2% |
| 2020 | 1.96x | $143.02 Million | $280.89 Million | ▲ +50.2% |
| 2019 | 1.31x | $185.30 Million | $242.28 Million | ▲ +2.8% |
| 2018 | 1.27x | $168.77 Million | $214.64 Million | ▲ +23.2% |
| 2017 | 1.03x | $206.70 Million | $213.32 Million | ▲ +64.3% |
| 2016 | 0.63x | $222.15 Million | $139.51 Million | ▼ -2.0% |
| 2015 | 0.64x | $184.69 Million | $118.32 Million | ▲ +15.0% |
| 2014 | 0.56x | $215.66 Million | $120.09 Million | ▼ -29.3% |
| 2013 | 0.79x | $176.39 Million | $138.92 Million | ▲ +0.7% |
| 2012 | 0.78x | $168.84 Million | $132.03 Million | ▲ +81.6% |
| 2011 | 0.43x | $233.46 Million | $100.53 Million | ▼ -78.1% |
| 2010 | 1.96x | $126.47 Million | $248.50 Million | ▲ +249.5% |
| 2009 | 0.56x | $240.34 Million | $135.12 Million | ▼ -81.2% |
| 2008 | 3.00x | $34.72 Million | $104.00 Million | ▲ +365.2% |
| 2007 | 0.64x | $183.64 Million | $118.23 Million | ▼ -1.5% |
| 2006 | 0.65x | $148.57 Million | $97.08 Million | ▼ -46.2% |
| 2005 | 1.22x | $79.07 Million | $96.10 Million | ▼ -13.9% |
| 2004 | 1.41x | $107.74 Million | $152.05 Million | ▲ +18.5% |
| 2003 | 1.19x | $106.81 Million | $127.22 Million | ▲ +79.5% |
| 2002 | 0.66x | $123.83 Million | $82.16 Million | ▼ -34.0% |
| 2001 | 1.01x | $71.52 Million | $71.94 Million | ▲ +9.1% |
| 2000 | 0.92x | $87.24 Million | $80.44 Million | ▲ +1217.3% |
| 1994 | 0.07x | $110.00 Million | $7.70 Million | — |