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). See First Capital Real Estate Investment Tru (FCR-UN) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
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.
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. For live market cap and broader valuation context, see First Capital Real Estate Investment Tru market capitalisation.
| 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 | — |