Air Liquide SA (AI) — Capital Reinvestment Ratio
Air Liquide SA (AI) has a Capital Reinvestment Ratio of 0.57x as of December 2025, meaning it reinvests 1% of its operating cash flow (€3.50 Billion) in capital expenditures (€2.01 Billion). See AI net asset quality score to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Air Liquide SA Capital Reinvestment Ratio (2004–2025)
This chart tracks Air Liquide SA's Capital Reinvestment Ratio across 22 annual periods. Check cash flow reinvestment rate of Air Liquide SA to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Air Liquide SA (2004–2025)
Year-by-year Capital Reinvestment Ratio for Air Liquide SA from 2004 to 2025. For live market cap and broader valuation context, see market value of Air Liquide SA.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.60x | €6.35 Billion | €3.84 Billion | ▲ +8.5% |
| 2024 | 0.56x | €6.32 Billion | €3.53 Billion | ▲ +2.9% |
| 2023 | 0.54x | €6.26 Billion | €3.39 Billion | ▼ -3.8% |
| 2022 | 0.56x | €5.81 Billion | €3.27 Billion | ▲ +7.6% |
| 2021 | 0.52x | €5.57 Billion | €2.92 Billion | ▲ +3.6% |
| 2020 | 0.51x | €5.21 Billion | €2.63 Billion | ▼ -9.7% |
| 2019 | 0.56x | €4.71 Billion | €2.64 Billion | ▲ +17.3% |
| 2018 | 0.48x | €4.72 Billion | €2.25 Billion | ▼ -7.0% |
| 2017 | 0.51x | €4.25 Billion | €2.18 Billion | ▼ -16.0% |
| 2016 | 0.61x | €3.70 Billion | €2.26 Billion | ▼ -14.7% |
| 2015 | 0.72x | €2.83 Billion | €2.03 Billion | ▲ +6.5% |
| 2014 | 0.67x | €2.83 Billion | €1.90 Billion | ▼ -12.6% |
| 2013 | 0.77x | €2.80 Billion | €2.16 Billion | ▲ +3.8% |
| 2012 | 0.74x | €2.71 Billion | €2.01 Billion | ▲ +2.5% |
| 2011 | 0.72x | €2.43 Billion | €1.75 Billion | ▲ +20.8% |
| 2010 | 0.60x | €2.42 Billion | €1.45 Billion | ▲ +4.1% |
| 2009 | 0.58x | €2.45 Billion | €1.41 Billion | ▼ -30.9% |
| 2008 | 0.83x | €2.29 Billion | €1.91 Billion | ▲ +28.7% |
| 2007 | 0.65x | €2.10 Billion | €1.36 Billion | ▲ +1.3% |
| 2006 | 0.64x | €1.77 Billion | €1.13 Billion | ▲ +12.6% |
| 2005 | 0.57x | €1.72 Billion | €975.20 Million | ▼ -8.6% |
| 2004 | 0.62x | €1.45 Billion | €901.00 Million | — |