Air France-KLM SA Capital Reinvestment Ratio
Air France-KLM SA capital reinvestment ratio. Air France-KLM SA (AF) has a Capital Reinvestment Ratio of 0.97x as of June 2026, meaning it reinvests 1% of its operating cash flow (€996.00 Million) in capital expenditures (€970.00 Million). See Air France-KLM SA free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Air France-KLM SA (2002–2025)
Capital reinvestment ratio of Air France-KLM SA from 2002 to 2025. This chart tracks Air France-KLM SA's Capital Reinvestment Ratio across 22 annual periods. See Air France-KLM SA leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
Air France-KLM SA Capital Reinvestment Ratio by Year (2002–2025)
Air France-KLM SA capital reinvestment ratio by year from 2002 to 2025. For the full cash flow conversion analysis, see Air France-KLM SA (AF) cash conversion ratio.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.97x | €4.56 Billion | €4.45 Billion | ▼ -8.6% |
| 2024 | 1.07x | €3.50 Billion | €3.73 Billion | ▼ -6.2% |
| 2023 | 1.14x | €3.12 Billion | €3.55 Billion | ▲ +85.7% |
| 2022 | 0.61x | €4.86 Billion | €2.97 Billion | ▼ -57.4% |
| 2021 | 1.44x | €1.53 Billion | €2.20 Billion | ▲ +65.8% |
| 2019 | 0.87x | €3.90 Billion | €3.37 Billion | ▲ +16.5% |
| 2018 | 0.74x | €3.71 Billion | €2.76 Billion | ▼ -6.9% |
| 2017 | 0.80x | €2.90 Billion | €2.31 Billion | ▼ -13.8% |
| 2016 | 0.93x | €2.24 Billion | €2.07 Billion | ▲ +6.8% |
| 2015 | 0.87x | €1.90 Billion | €1.65 Billion | ▼ -38.7% |
| 2014 | 1.41x | €1.01 Billion | €1.43 Billion | ▲ +76.3% |
| 2013 | 0.80x | €1.48 Billion | €1.19 Billion | ▼ -53.6% |
| 2012 | 1.73x | €851.00 Million | €1.47 Billion | ▼ -33.6% |
| 2011 | 2.60x | €934.00 Million | €2.43 Billion | ▲ +65.7% |
| 2010 | 1.57x | €1.35 Billion | €2.12 Billion | ▼ -38.6% |
| 2008 | 2.56x | €798.00 Million | €2.04 Billion | ▲ +183.8% |
| 2007 | 0.90x | €2.59 Billion | €2.34 Billion | ▲ +8.1% |
| 2006 | 0.83x | €2.85 Billion | €2.38 Billion | ▼ -12.9% |
| 2005 | 0.96x | €2.66 Billion | €2.54 Billion | ▼ -12.1% |
| 2004 | 1.09x | €1.96 Billion | €2.13 Billion | ▲ +3.2% |
| 2003 | 1.06x | €1.20 Billion | €1.27 Billion | ▼ -19.1% |
| 2002 | 1.31x | €1.11 Billion | €1.45 Billion | — |