UNITIL Corporation (UTL) — Capital Reinvestment Ratio
UNITIL Corporation (UTL) has a Capital Reinvestment Ratio of 3.50x as of September 2025, meaning it reinvests 4% of its operating cash flow ($15.60 Million) in capital expenditures ($54.60 Million). Check UNITIL Corporation (UTL) 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
UNITIL Corporation Capital Reinvestment Ratio (1994–2024)
This chart tracks UNITIL Corporation's Capital Reinvestment Ratio across 31 annual periods. For the full cash flow conversion analysis, see UNITIL Corporation (UTL) cash flow conversion.
Annual Capital Reinvestment Ratio for UNITIL Corporation (1994–2024)
Year-by-year Capital Reinvestment Ratio for UNITIL Corporation from 1994 to 2024. See UNITIL Corporation (UTL) 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 |
|---|---|---|---|---|
| 2024 | 1.35x | $125.90 Million | $169.90 Million | ▲ +2.4% |
| 2023 | 1.32x | $107.00 Million | $141.00 Million | ▲ +5.4% |
| 2022 | 1.25x | $97.70 Million | $122.10 Million | ▲ +17.1% |
| 2021 | 1.07x | $107.80 Million | $115.00 Million | ▼ -34.1% |
| 2020 | 1.62x | $75.70 Million | $122.60 Million | ▲ +42.5% |
| 2019 | 1.14x | $104.90 Million | $119.20 Million | ▼ -12.9% |
| 2018 | 1.30x | $78.50 Million | $102.40 Million | ▼ -5.7% |
| 2017 | 1.38x | $86.20 Million | $119.30 Million | ▼ -3.6% |
| 2016 | 1.44x | $68.30 Million | $98.10 Million | ▲ +59.1% |
| 2015 | 0.90x | $115.10 Million | $103.90 Million | ▼ -18.1% |
| 2014 | 1.10x | $84.00 Million | $92.60 Million | ▲ +18.6% |
| 2013 | 0.93x | $96.30 Million | $89.50 Million | ▼ -9.5% |
| 2012 | 1.03x | $66.70 Million | $68.50 Million | ▼ -17.4% |
| 2011 | 1.24x | $45.90 Million | $57.10 Million | ▼ -35.0% |
| 2010 | 1.92x | $25.90 Million | $49.60 Million | ▲ +66.1% |
| 2009 | 1.15x | $50.90 Million | $58.70 Million | ▲ +92.8% |
| 2008 | 0.60x | $47.30 Million | $28.30 Million | ▼ -50.7% |
| 2007 | 1.21x | $26.80 Million | $32.50 Million | ▼ -26.6% |
| 2006 | 1.65x | $20.37 Million | $33.64 Million | ▲ +63.2% |
| 2005 | 1.01x | $24.08 Million | $24.37 Million | ▲ +35.3% |
| 2004 | 0.75x | $30.65 Million | $22.92 Million | ▼ -46.7% |
| 2003 | 1.40x | $15.62 Million | $21.94 Million | ▼ -35.5% |
| 2002 | 2.18x | $9.57 Million | $20.82 Million | ▲ +154.0% |
| 2001 | 0.86x | $23.21 Million | $19.89 Million | ▼ -59.1% |
| 2000 | 2.09x | $8.86 Million | $18.56 Million | ▲ +148.8% |
| 1999 | 0.84x | $18.30 Million | $15.40 Million | ▼ -23.4% |
| 1998 | 1.10x | $13.20 Million | $14.50 Million | ▲ +28.0% |
| 1997 | 0.86x | $16.20 Million | $13.90 Million | ▼ -72.6% |
| 1996 | 3.13x | $6.20 Million | $19.40 Million | ▲ +264.3% |
| 1995 | 0.86x | $17.00 Million | $14.60 Million | ▲ +52.2% |
| 1994 | 0.56x | $16.30 Million | $9.20 Million | — |