Commerce Bancshares Inc (CBSH) — Free Cash Flow Generation Index
Commerce Bancshares Inc (CBSH) has a Free Cash Flow Generation Index of 0.88x as of September 2025. Free cash flow of $113.28 Million represents 1% of operating cash flow ($129.02 Million). Explore reinvestment intensity of Commerce Bancshares Inc to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Commerce Bancshares Inc Free Cash Flow Generation Index (1989–2024)
Historical FCF Generation Index trend for Commerce Bancshares Inc across 36 annual periods. For the full cash flow conversion analysis, see CBSH cash flow conversion.
Annual Free Cash Flow Generation for Commerce Bancshares Inc (1989–2024)
Year-by-year Free Cash Flow Generation Index for Commerce Bancshares Inc. Check Commerce Bancshares Inc investment reinvestment rate 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 |
|---|---|---|---|---|---|
| 2024 | 0.92x | $531.73 Million | $577.86 Million | $46.13 Million | ▲ +12.2% |
| 2023 | 0.82x | $400.69 Million | $488.77 Million | $88.07 Million | ▼ -7.2% |
| 2022 | 0.88x | $494.19 Million | $559.38 Million | $65.19 Million | ▼ -2.4% |
| 2021 | 0.91x | $541.01 Million | $597.72 Million | $56.72 Million | ▼ -4.4% |
| 2020 | 0.95x | $590.86 Million | $623.99 Million | $33.13 Million | ▲ +3.3% |
| 2019 | 0.92x | $470.22 Million | $512.79 Million | $42.58 Million | ▼ -2.4% |
| 2018 | 0.94x | $519.37 Million | $552.66 Million | $33.29 Million | ▲ +1.3% |
| 2017 | 0.93x | $395.70 Million | $426.53 Million | $30.82 Million | ▼ -2.0% |
| 2016 | 0.95x | $430.49 Million | $454.96 Million | $24.48 Million | ▲ +6.4% |
| 2015 | 0.89x | $257.17 Million | $289.06 Million | $31.90 Million | ▲ +1.2% |
| 2014 | 0.88x | $317.18 Million | $360.84 Million | $43.66 Million | ▼ -5.9% |
| 2013 | 0.93x | $337.09 Million | $360.93 Million | $23.84 Million | ▲ +2.8% |
| 2012 | 0.91x | $348.14 Million | $383.11 Million | $34.97 Million | ▼ -4.1% |
| 2011 | 0.95x | $386.03 Million | $407.36 Million | $21.33 Million | ▼ -2.5% |
| 2010 | 0.97x | $652.65 Million | $671.18 Million | $18.53 Million | ▲ +7.9% |
| 2009 | 0.90x | $266.04 Million | $295.29 Million | $29.25 Million | ▲ +12.0% |
| 2008 | 0.80x | $174.73 Million | $217.29 Million | $42.56 Million | ▼ -3.8% |
| 2007 | 0.84x | $280.60 Million | $335.70 Million | $55.10 Million | ▼ -6.5% |
| 2006 | 0.89x | $350.05 Million | $391.53 Million | $41.48 Million | ▲ +14.4% |
| 2005 | 0.78x | $229.40 Million | $293.63 Million | $64.23 Million | ▼ -10.6% |
| 2004 | 0.87x | $231.18 Million | $264.65 Million | $31.21 Million | ▲ +0.9% |
| 2003 | 0.87x | $233.59 Million | $269.70 Million | $36.11 Million | ▲ +9.0% |
| 2002 | 0.79x | $208.63 Million | $262.67 Million | $54.03 Million | ▲ +11.4% |
| 2001 | 0.71x | $195.15 Million | $273.75 Million | $78.60 Million | ▼ -9.1% |
| 2000 | 0.78x | $178.71 Million | $227.79 Million | $49.08 Million | ▲ +16.5% |
| 1999 | 0.67x | $142.60 Million | $211.70 Million | $69.10 Million | ▼ -21.7% |
| 1998 | 0.86x | $186.60 Million | $216.90 Million | $30.30 Million | ▼ -1.4% |
| 1997 | 0.87x | $188.80 Million | $216.40 Million | $27.60 Million | ▼ -0.5% |
| 1996 | 0.88x | $188.30 Million | $214.70 Million | $26.40 Million | ▲ +1.1% |
| 1995 | 0.87x | $169.50 Million | $195.30 Million | $25.80 Million | ▲ +0.9% |
| 1994 | 0.86x | $117.60 Million | $136.70 Million | $19.10 Million | ▼ -3.8% |
| 1993 | 0.89x | $134.70 Million | $150.70 Million | $16.00 Million | ▲ +50.3% |
| 1992 | 0.59x | $36.80 Million | $61.90 Million | $25.10 Million | ▼ -18.7% |
| 1991 | 0.73x | $58.60 Million | $80.10 Million | $21.50 Million | ▼ -10.8% |
| 1990 | 0.82x | $85.90 Million | $104.70 Million | $18.80 Million | ▲ +79.0% |
| 1989 | 0.46x | $31.30 Million | $68.30 Million | $37.00 Million | — |