United States Cellular Corporation (USM) — Capital Reinvestment Ratio
United States Cellular Corporation (USM) has a Capital Reinvestment Ratio of 0.24x as of June 2025, meaning it reinvests 0% of its operating cash flow ($325.00 Million) in capital expenditures ($77.00 Million). Check United States Cellular Corporation (USM) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
United States Cellular Corporation Capital Reinvestment Ratio (1992–2024)
This chart tracks United States Cellular Corporation's Capital Reinvestment Ratio across 33 annual periods. For the full cash flow conversion analysis, see United States Cellular Corporation cash flow conversion.
Annual Capital Reinvestment Ratio for United States Cellular Corporation (1992–2024)
Year-by-year Capital Reinvestment Ratio for United States Cellular Corporation from 1992 to 2024. See cash generation quality of United States Cellular Corporation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.61x | $883.00 Million | $537.00 Million | ▼ -28.6% |
| 2023 | 0.85x | $866.00 Million | $738.00 Million | ▼ -40.3% |
| 2022 | 1.43x | $832.00 Million | $1.19 Billion | ▼ -44.1% |
| 2021 | 2.55x | $802.00 Million | $2.05 Billion | ▲ +165.2% |
| 2020 | 0.96x | $1.24 Billion | $1.19 Billion | ▼ -24.0% |
| 2019 | 1.27x | $724.00 Million | $916.00 Million | ▲ +72.5% |
| 2018 | 0.73x | $709.00 Million | $520.00 Million | ▼ -47.4% |
| 2017 | 1.39x | $469.00 Million | $654.00 Million | ▲ +40.9% |
| 2016 | 0.99x | $501.00 Million | $496.00 Million | ▼ -36.6% |
| 2015 | 1.56x | $555.11 Million | $866.40 Million | ▼ -58.2% |
| 2014 | 3.73x | $172.34 Million | $643.23 Million | ▲ +47.8% |
| 2013 | 2.52x | $290.90 Million | $734.40 Million | ▲ +139.2% |
| 2012 | 1.06x | $899.29 Million | $949.09 Million | ▲ +35.1% |
| 2011 | 0.78x | $987.86 Million | $771.80 Million | ▲ +17.1% |
| 2010 | 0.67x | $874.29 Million | $583.13 Million | ▲ +7.6% |
| 2009 | 0.62x | $881.81 Million | $546.76 Million | ▼ -2.3% |
| 2008 | 0.63x | $922.78 Million | $585.59 Million | ▼ -3.1% |
| 2007 | 0.66x | $863.08 Million | $565.50 Million | ▼ -21.6% |
| 2006 | 0.84x | $693.45 Million | $579.78 Million | ▼ -8.5% |
| 2005 | 0.91x | $642.17 Million | $586.58 Million | ▼ -26.3% |
| 2004 | 1.24x | $518.41 Million | $642.08 Million | ▲ +24.9% |
| 2003 | 0.99x | $621.65 Million | $616.36 Million | ▼ -12.0% |
| 2002 | 1.13x | $620.08 Million | $698.64 Million | ▲ +1.7% |
| 2001 | 1.11x | $440.35 Million | $487.81 Million | ▲ +95.6% |
| 2000 | 0.57x | $521.33 Million | $295.31 Million | ▼ -32.2% |
| 1999 | 0.84x | $333.20 Million | $278.50 Million | ▼ -33.6% |
| 1998 | 1.26x | $311.10 Million | $391.70 Million | ▲ +0.7% |
| 1997 | 1.25x | $222.10 Million | $277.80 Million | ▼ -21.6% |
| 1996 | 1.60x | $137.50 Million | $219.40 Million | ▼ -11.4% |
| 1995 | 1.80x | $115.90 Million | $208.70 Million | ▼ -4.0% |
| 1994 | 1.88x | $84.30 Million | $158.20 Million | ▼ -22.0% |
| 1993 | 2.41x | $35.30 Million | $84.90 Million | ▼ -84.2% |
| 1992 | 15.23x | $3.50 Million | $53.30 Million | — |