National Bank of Canada (NA) — Capital Reinvestment Ratio
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). Check NA tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
National Bank of Canada Capital Reinvestment Ratio (1993–2025)
This chart tracks National Bank of Canada's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see cash flow conversion of National Bank of Canada.
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. See National Bank of Canada free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.11x | 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 | — |