United States Cellular Corporation (USM) — Cash Flow Reinvestment Rate
United States Cellular Corporation (USM) has a Cash Flow Reinvestment Rate of 0.47x as of June 2025, reinvesting $153.00 Million (capex $77.00 Million plus investments $-76.00 Million) from operating cash flow of $325.00 Million. See United States Cellular Corporation free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
United States Cellular Corporation Cash Flow Reinvestment Rate (1992–2024)
Historical reinvestment intensity for United States Cellular Corporation across 33 annual periods. For the full cash flow conversion analysis, see United States Cellular Corporation (USM) cash conversion ratio.
Annual Cash Flow Reinvestment Rate for United States Cellular Corporation (1992–2024)
Year-by-year capital reinvestment analysis for United States Cellular Corporation. See how financially flexible is United States Cellular Corporation 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 |
|---|---|---|---|---|---|
| 2024 | 1.24x | $1.09 Billion | $883.00 Million | $537.00 Million | ▼ -23.7% |
| 2023 | 1.62x | $1.41 Billion | $866.00 Million | $738.00 Million | ▼ -42.9% |
| 2022 | 2.84x | $2.37 Billion | $832.00 Million | $1.19 Billion | ▲ +11.3% |
| 2021 | 2.55x | $2.05 Billion | $802.00 Million | $2.05 Billion | ▲ +165.1% |
| 2020 | 0.96x | $1.19 Billion | $1.24 Billion | $1.19 Billion | ▼ -25.3% |
| 2019 | 1.29x | $934.00 Million | $724.00 Million | $916.00 Million | ▲ +65.4% |
| 2018 | 0.78x | $553.00 Million | $709.00 Million | $520.00 Million | ▼ -48.0% |
| 2017 | 1.50x | $704.00 Million | $469.00 Million | $654.00 Million | ▼ -32.5% |
| 2016 | 2.22x | $1.11 Billion | $501.00 Million | $496.00 Million | ▲ +34.7% |
| 2015 | 1.65x | $916.40 Million | $555.11 Million | $866.40 Million | ▼ -59.0% |
| 2014 | 4.02x | $693.23 Million | $172.34 Million | $643.23 Million | ▲ +40.2% |
| 2013 | 2.87x | $834.40 Million | $290.90 Million | $734.40 Million | ▲ +170.4% |
| 2012 | 1.06x | $954.09 Million | $899.29 Million | $949.09 Million | ▲ +35.8% |
| 2011 | 0.78x | $771.80 Million | $987.86 Million | $771.80 Million | ▼ -11.6% |
| 2010 | 0.88x | $773.05 Million | $874.29 Million | $583.13 Million | ▲ +42.6% |
| 2009 | 0.62x | $546.76 Million | $881.81 Million | $546.76 Million | ▼ -2.3% |
| 2008 | 0.63x | $585.59 Million | $922.78 Million | $585.59 Million | ▼ -3.1% |
| 2007 | 0.66x | $565.50 Million | $863.08 Million | $565.50 Million | ▼ -21.6% |
| 2006 | 0.84x | $579.78 Million | $693.45 Million | $579.78 Million | ▼ -8.5% |
| 2005 | 0.91x | $586.58 Million | $642.17 Million | $586.58 Million | ▼ -26.3% |
| 2004 | 1.24x | $642.08 Million | $518.41 Million | $642.08 Million | ▲ +24.9% |
| 2003 | 0.99x | $616.36 Million | $621.65 Million | $616.36 Million | ▼ -12.0% |
| 2002 | 1.13x | $698.64 Million | $620.08 Million | $698.64 Million | ▲ +1.7% |
| 2001 | 1.11x | $487.81 Million | $440.35 Million | $487.81 Million | ▲ +95.6% |
| 2000 | 0.57x | $295.31 Million | $521.33 Million | $295.31 Million | ▼ -32.2% |
| 1999 | 0.84x | $278.50 Million | $333.20 Million | $278.50 Million | ▼ -33.6% |
| 1998 | 1.26x | $391.70 Million | $311.10 Million | $391.70 Million | ▲ +0.7% |
| 1997 | 1.25x | $277.80 Million | $222.10 Million | $277.80 Million | ▼ -21.6% |
| 1996 | 1.60x | $219.40 Million | $137.50 Million | $219.40 Million | ▼ -11.4% |
| 1995 | 1.80x | $208.70 Million | $115.90 Million | $208.70 Million | ▼ -4.0% |
| 1994 | 1.88x | $158.20 Million | $84.30 Million | $158.20 Million | ▼ -22.0% |
| 1993 | 2.41x | $84.90 Million | $35.30 Million | $84.90 Million | ▼ -84.2% |
| 1992 | 15.23x | $53.30 Million | $3.50 Million | $53.30 Million | — |