Arrow Financial Corporation (AROW) — Free Cash Flow Generation Index

Latest as of June 2026: 0.73x

Arrow Financial Corporation (AROW) has a Free Cash Flow Generation Index of 0.73x as of June 2026. Free cash flow of $11.59 Million represents 1% of operating cash flow ($15.79 Million). Explore Arrow Financial Corporation capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.73x
Free Cash Flow / Operating CF

Free Cash Flow

$11.59 Million
USD

Operating Cash Flow

$15.79 Million
USD

Capital Expenditures

$4.21 Million
USD

Arrow Financial Corporation Free Cash Flow Generation Index (1991–2025)

Historical FCF Generation Index trend for Arrow Financial Corporation across 35 annual periods. For the full cash flow conversion analysis, see Arrow Financial Corporation cash conversion from operations.

Annual Free Cash Flow Generation for Arrow Financial Corporation (1991–2025)

Year-by-year Free Cash Flow Generation Index for Arrow Financial Corporation. Check cash flow reinvestment rate of Arrow Financial Corporation to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.88x $36.19 Million $41.28 Million $5.09 Million ▲ +4.7%
2024 0.84x $28.87 Million $34.47 Million $5.60 Million ▲ +10.0%
2023 0.76x $45.46 Million $59.71 Million $14.25 Million ▲ +0.0%
2022 0.76x $45.46 Million $59.71 Million $14.25 Million ▼ -15.0%
2021 0.90x $61.07 Million $68.21 Million $7.14 Million ▲ +1.9%
2020 0.88x $37.18 Million $42.31 Million $5.13 Million ▲ +6.8%
2019 0.82x $36.16 Million $43.94 Million $7.79 Million ▼ -6.3%
2018 0.88x $36.87 Million $41.98 Million $5.10 Million ▼ -5.7%
2017 0.93x $35.23 Million $37.83 Million $2.60 Million ▼ -2.8%
2016 0.96x $33.25 Million $34.70 Million $1.44 Million ▲ +1.5%
2015 0.94x $27.30 Million $28.93 Million $1.62 Million ▼ -0.9%
2014 0.95x $29.17 Million $30.64 Million $1.47 Million ▲ +1.4%
2013 0.94x $34.44 Million $36.67 Million $2.23 Million ▲ +25.0%
2012 0.75x $24.39 Million $32.46 Million $8.07 Million ▼ -11.7%
2011 0.85x $30.71 Million $36.09 Million $5.37 Million ▼ -4.8%
2010 0.89x $9.14 Million $10.22 Million $1.08 Million ▲ +3.0%
2009 0.87x $16.46 Million $18.96 Million $2.50 Million ▼ -3.9%
2008 0.90x $23.13 Million $25.59 Million $2.47 Million ▼ -3.0%
2007 0.93x $19.76 Million $21.21 Million $1.45 Million ▼ -1.1%
2006 0.94x $21.83 Million $23.18 Million $1.35 Million ▲ +0.9%
2005 0.93x $22.18 Million $23.77 Million $1.59 Million ▲ +2.0%
2004 0.91x $19.77 Million $21.61 Million $1.85 Million ▼ -2.9%
2003 0.94x $24.62 Million $26.15 Million $1.53 Million ▲ +2.8%
2002 0.92x $17.37 Million $18.96 Million $1.59 Million ▼ -2.1%
2001 0.94x $26.32 Million $28.13 Million $1.81 Million ▲ +2.6%
2000 0.91x $18.44 Million $20.21 Million $1.77 Million ▲ +5.4%
1999 0.87x $12.20 Million $14.10 Million $1.90 Million ▼ -8.0%
1998 0.94x $22.30 Million $23.70 Million $1.40 Million ▲ +1.7%
1997 0.93x $11.10 Million $12.00 Million $900.00K ▲ +10.5%
1996 0.84x $10.80 Million $12.90 Million $2.10 Million ▼ -14.5%
1995 0.98x $28.60 Million $29.20 Million $600.00K ▲ +1.8%
1994 0.96x $20.20 Million $21.00 Million $800.00K ▼ -2.9%
1993 0.99x $43.60 Million $44.00 Million $400.00K ▲ +1.0%
1992 0.98x $37.30 Million $38.00 Million $700.00K ▲ +6.8%
1991 0.92x $19.30 Million $21.00 Million $1.70 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).