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). See free cash flow generation of United States Cellular Corporation to measure how efficiently the company converts operating cash flow to free cash.
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.
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. For live market cap and broader valuation context, see United States Cellular Corporation market cap and net worth.
| 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 | — |