National Bank of Canada (NA) — Capital Reinvestment Ratio
Latest as of April 2026:
0.01x
National Bank of Canada (NA) has a Capital Reinvestment Ratio of 0.01x as of April 2026, meaning it reinvests 0% of its operating cash flow (CA$3.78 Billion) in capital expenditures (CA$47.00 Million). See National Bank of Canada free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.01x
Capex / Operating Cash Flow
Operating Cash Flow
CA$3.78 Billion
CAD
Capital Expenditures
CA$47.00 Million
CAD
Data as of
Apr 2026
Most recent filing
National Bank of Canada Capital Reinvestment Ratio (1993–2025)
This chart tracks National Bank of Canada's Capital Reinvestment Ratio across 22 annual periods.
Annual Capital Reinvestment Ratio for National Bank of Canada (1993–2025)
Year-by-year Capital Reinvestment Ratio for National Bank of Canada from 1993 to 2025. For live market cap and broader valuation context, see NA market cap.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.11x | CA$4.63 Billion | CA$502.00 Million | ▼ -28.3% |
| 2024 | 0.15x | CA$4.65 Billion | CA$703.00 Million | ▲ +19.9% |
| 2023 | 0.13x | CA$5.17 Billion | CA$651.00 Million | ▲ +250.6% |
| 2021 | 0.04x | CA$6.04 Billion | CA$217.00 Million | ▲ +294.6% |
| 2020 | 0.01x | CA$19.98 Billion | CA$182.00 Million | ▼ -47.6% |
| 2019 | 0.02x | CA$8.28 Billion | CA$144.00 Million | ▼ -37.8% |
| 2018 | 0.03x | CA$5.86 Billion | CA$164.00 Million | ▼ -54.7% |
| 2017 | 0.06x | CA$1.52 Billion | CA$94.00 Million | ▲ +559.0% |
| 2016 | 0.01x | CA$5.44 Billion | CA$51.00 Million | ▼ -96.2% |
| 2015 | 0.25x | CA$6.38 Billion | CA$1.57 Billion | ▲ +1945.2% |
| 2014 | 0.01x | CA$4.15 Billion | CA$50.00 Million | ▼ -94.3% |
| 2013 | 0.21x | CA$696.00 Million | CA$146.00 Million | ▲ +131.7% |
| 2012 | 0.09x | CA$1.94 Billion | CA$176.00 Million | ▼ -29.8% |
| 2011 | 0.13x | CA$2.08 Billion | CA$268.00 Million | ▲ +184.7% |
| 2007 | 0.05x | CA$2.63 Billion | CA$119.00 Million | ▼ -77.2% |
| 2004 | 0.20x | CA$282.00 Million | CA$56.00 Million | ▼ -47.9% |
| 1999 | 0.38x | CA$625.00 Million | CA$238.00 Million | ▲ +148.3% |
| 1998 | 0.15x | CA$313.00 Million | CA$48.00 Million | ▲ +355.1% |
| 1997 | 0.03x | CA$1.57 Billion | CA$53.00 Million | ▼ -97.7% |
| 1996 | 1.46x | CA$70.00 Million | CA$102.00 Million | ▲ +2464.1% |
| 1995 | 0.06x | CA$1.00 Billion | CA$57.00 Million | ▼ -41.9% |
| 1993 | 0.10x | CA$531.40 Million | CA$52.00 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow