First Capital Real Estate Investment Trust (FCR-UN) — Capital Reinvestment Ratio
First Capital Real Estate Investment Trust (FCR-UN) has a Capital Reinvestment Ratio of 0.82x as of March 2026, meaning it reinvests 1% of its operating cash flow (CA$38.65 Million) in capital expenditures (CA$31.51 Million). Check FCR-UN goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
First Capital Real Estate Investment Trust Capital Reinvestment Ratio (1996–2025)
This chart tracks First Capital Real Estate Investment Trust's Capital Reinvestment Ratio across 29 annual periods. For the full cash flow conversion analysis, see FCR-UN cash generation efficiency.
Annual Capital Reinvestment Ratio for First Capital Real Estate Investment Trust (1996–2025)
Year-by-year Capital Reinvestment Ratio for First Capital Real Estate Investment Trust from 1996 to 2025. See how much free cash does First Capital Real Estate Investment Tru generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.71x | CA$206.71 Million | CA$146.90 Million | ▲ +34.2% |
| 2024 | 0.53x | CA$233.79 Million | CA$123.77 Million | ▼ -15.7% |
| 2023 | 0.63x | CA$227.73 Million | CA$143.02 Million | ▲ +26.2% |
| 2022 | 0.50x | CA$251.22 Million | CA$125.01 Million | ▼ -19.1% |
| 2021 | 0.62x | CA$249.61 Million | CA$153.52 Million | ▼ -34.2% |
| 2020 | 0.93x | CA$219.50 Million | CA$205.03 Million | ▲ +10.2% |
| 2019 | 0.85x | CA$269.15 Million | CA$228.19 Million | ▼ -9.9% |
| 2018 | 0.94x | CA$283.01 Million | CA$266.36 Million | ▲ +9.6% |
| 2017 | 0.86x | CA$270.16 Million | CA$231.91 Million | ▲ +1.0% |
| 2016 | 0.85x | CA$256.60 Million | CA$218.12 Million | ▼ -24.7% |
| 2015 | 1.13x | CA$244.43 Million | CA$275.97 Million | ▲ +19.8% |
| 2014 | 0.94x | CA$269.09 Million | CA$253.50 Million | ▼ -24.7% |
| 2013 | 1.25x | CA$212.97 Million | CA$266.53 Million | ▼ -23.5% |
| 2012 | 1.64x | CA$193.01 Million | CA$315.67 Million | ▲ +13.0% |
| 2011 | 1.45x | CA$152.96 Million | CA$221.37 Million | ▲ +11.6% |
| 2010 | 1.30x | CA$176.28 Million | CA$228.57 Million | ▼ -29.3% |
| 2009 | 1.83x | CA$148.63 Million | CA$272.73 Million | ▲ +290.5% |
| 2008 | 0.47x | CA$145.96 Million | CA$68.59 Million | ▼ -86.5% |
| 2007 | 3.48x | CA$133.06 Million | CA$463.58 Million | ▼ -19.5% |
| 2006 | 4.33x | CA$115.17 Million | CA$498.43 Million | ▲ +13.3% |
| 2005 | 3.82x | CA$94.65 Million | CA$361.47 Million | ▲ +45.9% |
| 2004 | 2.62x | CA$74.81 Million | CA$195.85 Million | ▲ +138.0% |
| 2003 | 1.10x | CA$64.79 Million | CA$71.28 Million | ▼ -13.4% |
| 2002 | 1.27x | CA$39.18 Million | CA$49.76 Million | ▼ -55.5% |
| 2001 | 2.85x | CA$32.37 Million | CA$92.35 Million | ▲ +17.0% |
| 1999 | 2.44x | CA$38.30 Million | CA$93.40 Million | ▼ -75.7% |
| 1998 | 10.04x | CA$25.10 Million | CA$251.90 Million | ▲ +5.5% |
| 1997 | 9.51x | CA$22.40 Million | CA$213.00 Million | ▲ +4.3% |
| 1996 | 9.12x | CA$16.20 Million | CA$147.70 Million | — |