Qantas Airways Ltd Capital Reinvestment Ratio
Qantas Airways Ltd capital reinvestment ratio. Qantas Airways Ltd (QAN) has a Capital Reinvestment Ratio of 1.09x as of December 2025, meaning it reinvests 1% of its operating cash flow (AU$1.69 Billion) in capital expenditures (AU$1.84 Billion). Check Qantas Airways Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Qantas Airways Ltd (1994–2025)
Capital reinvestment ratio of Qantas Airways Ltd from 1994 to 2025. This chart tracks Qantas Airways Ltd's Capital Reinvestment Ratio across 30 annual periods. Also explore Qantas Airways Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Qantas Airways Ltd Capital Reinvestment Ratio by Year (1994–2025)
Qantas Airways Ltd capital reinvestment ratio by year from 1994 to 2025. For the full cash flow conversion analysis, see cash flow conversion of Qantas Airways Ltd.
| Year | Reinvestment Ratio | Operating CF (AUD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.92x | AU$4.25 Billion | AU$3.92 Billion | ▲ +15.6% |
| 2024 | 0.80x | AU$3.35 Billion | AU$2.67 Billion | ▲ +57.2% |
| 2023 | 0.51x | AU$5.05 Billion | AU$2.56 Billion | ▲ +49.5% |
| 2022 | 0.34x | AU$2.67 Billion | AU$906.00 Million | ▼ -76.3% |
| 2020 | 1.43x | AU$1.08 Billion | AU$1.55 Billion | ▲ +127.9% |
| 2019 | 0.63x | AU$3.16 Billion | AU$1.99 Billion | ▲ +7.0% |
| 2018 | 0.59x | AU$3.41 Billion | AU$2.00 Billion | ▲ +12.3% |
| 2017 | 0.52x | AU$2.70 Billion | AU$1.41 Billion | ▼ -10.3% |
| 2016 | 0.58x | AU$2.82 Billion | AU$1.64 Billion | ▼ -13.3% |
| 2015 | 0.67x | AU$2.05 Billion | AU$1.38 Billion | ▼ -39.9% |
| 2014 | 1.12x | AU$1.07 Billion | AU$1.20 Billion | ▲ +21.1% |
| 2013 | 0.92x | AU$1.42 Billion | AU$1.31 Billion | ▼ -24.8% |
| 2012 | 1.23x | AU$1.81 Billion | AU$2.22 Billion | ▼ -13.7% |
| 2011 | 1.42x | AU$1.69 Billion | AU$2.41 Billion | ▲ +10.1% |
| 2010 | 1.29x | AU$1.31 Billion | AU$1.69 Billion | ▼ -4.7% |
| 2009 | 1.36x | AU$1.13 Billion | AU$1.53 Billion | ▲ +102.6% |
| 2008 | 0.67x | AU$2.13 Billion | AU$1.42 Billion | ▲ +27.4% |
| 2007 | 0.53x | AU$2.35 Billion | AU$1.24 Billion | ▼ -30.3% |
| 2006 | 0.75x | AU$2.03 Billion | AU$1.53 Billion | ▼ -12.7% |
| 2005 | 0.86x | AU$1.95 Billion | AU$1.68 Billion | ▼ -13.3% |
| 2004 | 1.00x | AU$2.00 Billion | AU$1.99 Billion | ▼ -56.3% |
| 2003 | 2.28x | AU$1.29 Billion | AU$2.94 Billion | ▲ +11.3% |
| 2002 | 2.05x | AU$1.14 Billion | AU$2.34 Billion | ▲ +136.7% |
| 2001 | 0.86x | AU$1.10 Billion | AU$951.10 Million | ▲ +20.0% |
| 2000 | 0.72x | AU$1.60 Billion | AU$1.15 Billion | ▼ -30.1% |
| 1999 | 1.03x | AU$1.21 Billion | AU$1.24 Billion | ▲ +82.8% |
| 1998 | 0.56x | AU$1.22 Billion | AU$686.60 Million | ▲ +0.2% |
| 1997 | 0.56x | AU$1.11 Billion | AU$624.80 Million | ▲ +2.8% |
| 1995 | 0.55x | AU$853.80 Million | AU$467.20 Million | ▲ +55.8% |
| 1994 | 0.35x | AU$729.00 Million | AU$256.00 Million | — |