Tegna Inc (TGNA) — Capital Reinvestment Ratio
Latest as of December 2025:
0.19x
Tegna Inc (TGNA) has a Capital Reinvestment Ratio of 0.19x as of December 2025, meaning it reinvests 0% of its operating cash flow ($107.37 Million) in capital expenditures ($20.62 Million). Check TGNA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
0.19x
Capex / Operating Cash Flow
Operating Cash Flow
$107.37 Million
USD
Capital Expenditures
$20.62 Million
USD
Data as of
Dec 2025
Most recent filing
Tegna Inc Capital Reinvestment Ratio (1984–2025)
This chart tracks Tegna Inc's Capital Reinvestment Ratio across 42 annual periods. For the full cash flow conversion analysis, see TGNA cash flow metrics.
Annual Capital Reinvestment Ratio for Tegna Inc (1984–2025)
Year-by-year Capital Reinvestment Ratio for Tegna Inc from 1984 to 2025. See TGNA FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.13x | $326.00 Million | $43.43 Million | ▲ +74.0% |
| 2024 | 0.08x | $684.97 Million | $52.44 Million | ▼ -17.8% |
| 2023 | 0.09x | $587.25 Million | $54.69 Million | ▲ +47.4% |
| 2022 | 0.06x | $812.15 Million | $51.33 Million | ▼ -49.7% |
| 2021 | 0.13x | $501.61 Million | $63.08 Million | ▲ +122.5% |
| 2020 | 0.06x | $805.14 Million | $45.50 Million | ▼ -81.0% |
| 2019 | 0.30x | $297.47 Million | $88.36 Million | ▲ +140.1% |
| 2018 | 0.12x | $527.21 Million | $65.23 Million | ▼ -37.8% |
| 2017 | 0.20x | $386.21 Million | $76.89 Million | ▲ +43.5% |
| 2016 | 0.14x | $683.43 Million | $94.80 Million | ▼ -28.4% |
| 2015 | 0.19x | $613.11 Million | $118.77 Million | ▲ +5.8% |
| 2014 | 0.18x | $821.20 Million | $150.35 Million | ▼ -15.2% |
| 2013 | 0.22x | $511.49 Million | $110.41 Million | ▲ +77.8% |
| 2012 | 0.12x | $756.74 Million | $91.87 Million | ▲ +36.4% |
| 2011 | 0.09x | $814.14 Million | $72.45 Million | ▼ -0.4% |
| 2010 | 0.09x | $772.88 Million | $69.07 Million | ▲ +14.3% |
| 2009 | 0.08x | $866.58 Million | $67.74 Million | ▼ -51.8% |
| 2008 | 0.16x | $1.02 Billion | $165.00 Million | ▲ +27.3% |
| 2007 | 0.13x | $1.35 Billion | $171.41 Million | ▼ -6.1% |
| 2006 | 0.14x | $1.48 Billion | $200.78 Million | ▼ -26.0% |
| 2005 | 0.18x | $1.43 Billion | $262.64 Million | ▲ +4.0% |
| 2004 | 0.18x | $1.59 Billion | $279.79 Million | ▼ -7.2% |
| 2003 | 0.19x | $1.48 Billion | $281.26 Million | ▼ -28.6% |
| 2002 | 0.27x | $1.03 Billion | $274.83 Million | ▲ +8.3% |
| 2001 | 0.25x | $1.32 Billion | $324.58 Million | ▼ -64.7% |
| 2000 | 0.70x | $502.33 Million | $350.58 Million | ▲ +209.8% |
| 1999 | 0.23x | $1.15 Billion | $258.40 Million | ▼ -64.4% |
| 1998 | 0.63x | $970.50 Million | $614.20 Million | ▲ +152.0% |
| 1997 | 0.25x | $881.10 Million | $221.30 Million | ▼ -41.4% |
| 1996 | 0.43x | $606.90 Million | $260.00 Million | ▲ +40.9% |
| 1995 | 0.30x | $603.50 Million | $183.50 Million | ▲ +49.9% |
| 1994 | 0.20x | $714.30 Million | $144.90 Million | ▲ +2.9% |
| 1993 | 0.20x | $670.30 Million | $132.10 Million | ▼ -30.3% |
| 1992 | 0.28x | $545.00 Million | $154.10 Million | ▼ -32.2% |
| 1991 | 0.42x | $461.20 Million | $192.40 Million | ▲ +36.8% |
| 1990 | 0.31x | $615.40 Million | $187.70 Million | ▼ -15.1% |
| 1989 | 0.36x | $603.40 Million | $216.70 Million | ▼ -2.9% |
| 1988 | 0.37x | $521.90 Million | $193.10 Million | ▼ -30.0% |
| 1987 | 0.53x | $455.40 Million | $240.60 Million | ▲ +51.1% |
| 1986 | 0.35x | $560.20 Million | $195.90 Million | ▼ -38.6% |
| 1985 | 0.57x | $355.70 Million | $202.60 Million | ▲ +76.0% |
| 1984 | 0.32x | $361.90 Million | $117.10 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow