Air Liquide SA (AI) — Capital Reinvestment Ratio
Latest as of December 2025:
0.57x
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 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.57x
Capex / Operating Cash Flow
Operating Cash Flow
€3.50 Billion
EUR
Capital Expenditures
€2.01 Billion
EUR
Data as of
Dec 2025
Most recent filing
Air Liquide SA Capital Reinvestment Ratio (2004–2025)
This chart tracks Air Liquide SA's Capital Reinvestment Ratio across 22 annual periods.
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 AI company net worth.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow