Northwest Natural Gas Co (NWN) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.98x

Northwest Natural Gas Co (NWN) has a Cash Flow Reinvestment Rate of 0.98x as of March 2026, reinvesting $113.66 Million (capex $113.66 Million ) from operating cash flow of $116.13 Million. See NWN FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.98x
(Capex + Investments) / Operating CF

Total Reinvested

$113.66 Million
Capex + Investments

Operating Cash Flow

$116.13 Million
USD

Capital Expenditures

$113.66 Million
USD

Northwest Natural Gas Co Cash Flow Reinvestment Rate (1994–2025)

Historical reinvestment intensity for Northwest Natural Gas Co across 32 annual periods. For the full cash flow conversion analysis, see NWN cash flow conversion.

Annual Cash Flow Reinvestment Rate for Northwest Natural Gas Co (1994–2025)

Year-by-year capital reinvestment analysis for Northwest Natural Gas Co. See Northwest Natural Gas Co (NWN) 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 1.73x $466.89 Million $269.12 Million $466.89 Million ▼ -57.8%
2024 4.11x $823.39 Million $200.28 Million $394.40 Million ▲ +52.2%
2023 2.70x $756.32 Million $279.95 Million $327.35 Million ▲ +17.2%
2022 2.30x $340.36 Million $147.67 Million $339.36 Million ▲ +22.1%
2021 1.89x $302.71 Million $160.35 Million $295.26 Million ▼ -6.2%
2020 2.01x $287.89 Million $143.02 Million $280.89 Million ▼ -31.7%
2019 2.95x $546.06 Million $185.30 Million $242.28 Million ▲ +15.1%
2018 2.56x $432.09 Million $168.77 Million $214.64 Million ▲ +23.8%
2017 2.07x $427.50 Million $206.70 Million $213.32 Million ▲ +66.4%
2016 1.24x $276.14 Million $222.15 Million $139.51 Million ▲ +94.0%
2015 0.64x $118.32 Million $184.69 Million $118.32 Million ▲ +15.0%
2014 0.56x $120.09 Million $215.66 Million $120.09 Million ▼ -29.3%
2013 0.79x $138.92 Million $176.39 Million $138.92 Million ▲ +0.7%
2012 0.78x $132.03 Million $168.84 Million $132.03 Million ▲ +81.6%
2011 0.43x $100.53 Million $233.46 Million $100.53 Million ▼ -78.1%
2010 1.96x $248.50 Million $126.47 Million $248.50 Million ▲ +249.5%
2009 0.56x $135.12 Million $240.34 Million $135.12 Million ▼ -81.2%
2008 3.00x $104.00 Million $34.72 Million $104.00 Million ▲ +365.2%
2007 0.64x $118.23 Million $183.64 Million $118.23 Million ▼ -1.5%
2006 0.65x $97.08 Million $148.57 Million $97.08 Million ▼ -46.2%
2005 1.22x $96.10 Million $79.07 Million $96.10 Million ▼ -13.9%
2004 1.41x $152.05 Million $107.74 Million $152.05 Million ▲ +18.5%
2003 1.19x $127.22 Million $106.81 Million $127.22 Million ▲ +79.5%
2002 0.66x $82.16 Million $123.83 Million $82.16 Million ▼ -34.0%
2001 1.01x $71.94 Million $71.52 Million $71.94 Million ▲ +9.1%
2000 0.92x $80.44 Million $87.24 Million $80.44 Million
1999 0.00x $0.00 $108.50 Million $0.00
1998 0.00x $0.00 $66.90 Million $0.00
1997 0.00x $0.00 $45.80 Million $0.00
1996 0.00x $0.00 $89.90 Million $0.00
1995 0.00x $0.00 $83.90 Million $0.00 ▼ -100.0%
1994 0.07x $7.70 Million $110.00 Million $7.70 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow