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) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check First Capital Real Estate Investment Tru (FCR-UN) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 FCR-UN market cap overview.
| 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 | — |