Arrow Financial Corporation (AROW) — Cash Flow Reinvestment Rate

Latest as of June 2026: 1.47x

Arrow Financial Corporation (AROW) has a Cash Flow Reinvestment Rate of 1.47x as of June 2026, reinvesting $23.14 Million (capex $4.21 Million plus investments $18.93 Million) from operating cash flow of $15.79 Million. See Arrow Financial Corporation free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.47x
(Capex + Investments) / Operating CF

Total Reinvested

$23.14 Million
Capex + Investments

Operating Cash Flow

$15.79 Million
USD

Capital Expenditures

$4.21 Million
USD

Arrow Financial Corporation Cash Flow Reinvestment Rate (1991–2025)

Historical reinvestment intensity for Arrow Financial Corporation across 35 annual periods. For the full cash flow conversion analysis, see AROW operating cash flow.

Annual Cash Flow Reinvestment Rate for Arrow Financial Corporation (1991–2025)

Year-by-year capital reinvestment analysis for Arrow Financial Corporation. See Arrow Financial Corporation (AROW) financial flexibility to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.50x $20.77 Million $41.28 Million $5.09 Million ▼ -81.7%
2024 2.74x $94.55 Million $34.47 Million $5.60 Million ▲ +13.2%
2023 2.42x $144.64 Million $59.71 Million $14.25 Million ▲ +94.7%
2022 1.24x $74.31 Million $59.71 Million $14.25 Million ▼ -69.3%
2021 4.05x $276.12 Million $68.21 Million $7.14 Million ▼ -6.3%
2020 4.32x $182.76 Million $42.31 Million $5.13 Million ▼ -4.6%
2019 4.53x $198.93 Million $43.94 Million $7.79 Million ▼ -15.2%
2018 5.34x $224.14 Million $41.98 Million $5.10 Million ▲ +33.7%
2017 3.99x $151.03 Million $37.83 Million $2.60 Million ▼ -12.2%
2016 4.55x $157.78 Million $34.70 Million $1.44 Million ▼ -42.2%
2015 7.87x $227.58 Million $28.93 Million $1.62 Million ▲ +270.2%
2014 2.13x $65.11 Million $30.64 Million $1.47 Million ▼ -48.2%
2013 4.10x $150.31 Million $36.67 Million $2.23 Million ▲ +96.1%
2012 2.09x $67.84 Million $32.46 Million $8.07 Million ▲ +137.6%
2011 0.88x $31.74 Million $36.09 Million $5.37 Million ▲ +731.6%
2010 0.11x $1.08 Million $10.22 Million $1.08 Million ▼ -19.8%
2009 0.13x $2.50 Million $18.96 Million $2.50 Million ▲ +36.7%
2008 0.10x $2.47 Million $25.59 Million $2.47 Million ▲ +41.1%
2007 0.07x $1.45 Million $21.21 Million $1.45 Million ▲ +17.5%
2006 0.06x $1.35 Million $23.18 Million $1.35 Million ▼ -12.9%
2005 0.07x $1.59 Million $23.77 Million $1.59 Million ▼ -21.8%
2004 0.09x $1.85 Million $21.61 Million $1.85 Million ▲ +45.9%
2003 0.06x $1.53 Million $26.15 Million $1.53 Million ▼ -30.2%
2002 0.08x $1.59 Million $18.96 Million $1.59 Million ▲ +30.6%
2001 0.06x $1.81 Million $28.13 Million $1.81 Million ▼ -26.7%
2000 0.09x $1.77 Million $20.21 Million $1.77 Million ▼ -34.9%
1999 0.13x $1.90 Million $14.10 Million $1.90 Million ▲ +128.1%
1998 0.06x $1.40 Million $23.70 Million $1.40 Million ▼ -21.2%
1997 0.08x $900.00K $12.00 Million $900.00K ▼ -53.9%
1996 0.16x $2.10 Million $12.90 Million $2.10 Million ▲ +692.2%
1995 0.02x $600.00K $29.20 Million $600.00K ▼ -46.1%
1994 0.04x $800.00K $21.00 Million $800.00K ▲ +319.0%
1993 0.01x $400.00K $44.00 Million $400.00K ▼ -50.6%
1992 0.02x $700.00K $38.00 Million $700.00K ▼ -77.2%
1991 0.08x $1.70 Million $21.00 Million $1.70 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow