First Capital Real Estate Investment Trust (FCR-UN) — Cash Flow Quality Index
First Capital Real Estate Investment Trust (FCR-UN) has a Cash Flow Quality Index of 0.42x as of March 2026. Operating cash flow of CA$38.65 Million is below net income of CA$92.22 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore FCR-UN operating cash flow to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
First Capital Real Estate Investment Trust Cash Flow Quality Index (1996–2025)
Historical Cash Flow Quality Index for First Capital Real Estate Investment Trust across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check total reinvestment intensity of First Capital Real Estate Investment Tru to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for First Capital Real Estate Investment Trust (1996–2025)
Year-by-year earnings quality comparison for First Capital Real Estate Investment Trust. For live market cap and the full company financial profile, see FCR-UN stock market capitalisation.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | CA$206.71 Million | CA$1.06 Billion | ▼ -83.1% |
| 2024 | 1.15x | CA$233.79 Million | CA$203.25 Million | ▲ +118.3% |
| 2021 | 0.53x | CA$249.61 Million | CA$473.64 Million | ▼ -98.2% |
| 2020 | 29.34x | CA$219.50 Million | CA$7.48 Million | ▲ +4416.4% |
| 2019 | 0.65x | CA$269.15 Million | CA$414.34 Million | ▼ -19.2% |
| 2018 | 0.80x | CA$283.01 Million | CA$351.84 Million | ▲ +91.8% |
| 2017 | 0.42x | CA$270.16 Million | CA$644.16 Million | ▼ -37.4% |
| 2016 | 0.67x | CA$256.60 Million | CA$382.71 Million | ▼ -44.1% |
| 2015 | 1.20x | CA$244.43 Million | CA$203.73 Million | ▼ -12.3% |
| 2014 | 1.37x | CA$269.09 Million | CA$196.75 Million | ▲ +38.1% |
| 2013 | 0.99x | CA$212.97 Million | CA$215.01 Million | ▲ +101.6% |
| 2012 | 0.49x | CA$193.01 Million | CA$392.92 Million | ▲ +76.3% |
| 2011 | 0.28x | CA$152.96 Million | CA$548.93 Million | ▼ -93.5% |
| 2010 | 4.26x | CA$176.28 Million | CA$41.34 Million | ▲ +20.3% |
| 2009 | 3.55x | CA$148.63 Million | CA$41.91 Million | ▼ -9.1% |
| 2008 | 3.90x | CA$145.96 Million | CA$37.43 Million | ▼ -11.0% |
| 2007 | 4.38x | CA$133.06 Million | CA$30.35 Million | ▲ +74.9% |
| 2006 | 2.51x | CA$115.17 Million | CA$45.96 Million | ▼ -22.7% |
| 2005 | 3.24x | CA$94.65 Million | CA$29.20 Million | ▼ -22.5% |
| 2004 | 4.18x | CA$74.81 Million | CA$17.89 Million | ▲ +184.2% |
| 2003 | 1.47x | CA$64.79 Million | CA$44.03 Million | ▲ +11.3% |
| 2002 | 1.32x | CA$39.18 Million | CA$29.63 Million | ▲ +89.7% |
| 2001 | 0.70x | CA$32.37 Million | CA$46.44 Million | ▼ -79.6% |
| 1999 | 3.42x | CA$38.30 Million | CA$11.20 Million | ▲ +127.5% |
| 1998 | 1.50x | CA$25.10 Million | CA$16.70 Million | ▼ -32.9% |
| 1997 | 2.24x | CA$22.40 Million | CA$10.00 Million | ▲ +10.6% |
| 1996 | 2.03x | CA$16.20 Million | CA$8.00 Million | — |