Airports Of Thailand PCL (AOT) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.077x

Based on the latest financial reports, Airports Of Thailand PCL (AOT) has a cash flow conversion efficiency ratio of 0.077x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (฿10.20 Billion ≈ $318.04 Million USD) by net assets (฿131.88 Billion ≈ $4.11 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Airports Of Thailand PCL (AOT) net asset quality to measure how much of total assets are equity-financed.

Airports Of Thailand PCL - Cash Flow Conversion Efficiency Trend (2004–2025)

This chart illustrates how Airports Of Thailand PCL's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check AOT cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Airports Of Thailand PCL Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Airports Of Thailand PCL ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Chunghwa Telecom Co. Ltd F:CHWD	0.080x
China State Construction Engineering Corp Ltd SHG:601668	0.033x
IQVIA Holdings Inc NYSE:IQV	0.408x
Ares Management LP NYSE:ARES	0.048x
VICI Properties Inc NYSE:VICI	0.022x
Standard Bank Group Ltd JSE:SBK	0.252x
DENSO CORP. ADR 4 F:DNOA	N/A
Shenzhen Mindray Bio-Medical Electronics Co Ltd Class A SHE:300760	0.076x

Annual Cash Flow Conversion Efficiency for Airports Of Thailand PCL (2004–2025)

The table below shows the annual cash flow conversion efficiency of Airports Of Thailand PCL from 2004 to 2025. For the full company profile with market capitalisation and key ratios, see AOT market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-09-30	฿132.84 Billion ≈ $4.14 Billion	฿26.72 Billion ≈ $832.80 Million	0.201x	-38.08%
2024-09-30	฿126.40 Billion ≈ $3.94 Billion	฿41.06 Billion ≈ $1.28 Billion	0.325x	+115.95%
2023-09-30	฿112.18 Billion ≈ $3.50 Billion	฿16.87 Billion ≈ $525.91 Million	0.150x	+9098.65%
2022-09-30	฿102.52 Billion ≈ $3.20 Billion	฿-171.36 Million ≈ $-5.34 Million	-0.002x	+98.41%
2021-09-30	฿113.42 Billion ≈ $3.54 Billion	฿-11.93 Billion ≈ $-371.99 Million	-0.105x	-5918.26%
2020-09-30	฿143.03 Billion ≈ $4.46 Billion	฿258.67 Million ≈ $8.06 Million	0.002x	-99.15%
2019-09-30	฿154.54 Billion ≈ $4.82 Billion	฿32.92 Billion ≈ $1.03 Billion	0.213x	-9.14%
2018-09-30	฿144.27 Billion ≈ $4.50 Billion	฿33.82 Billion ≈ $1.05 Billion	0.234x	+13.90%
2017-09-30	฿131.69 Billion ≈ $4.10 Billion	฿27.10 Billion ≈ $844.75 Million	0.206x	-17.49%
2016-09-30	฿121.58 Billion ≈ $3.79 Billion	฿30.33 Billion ≈ $945.23 Million	0.249x	+8.98%
2015-09-30	฿108.81 Billion ≈ $3.39 Billion	฿24.91 Billion ≈ $776.29 Million	0.229x	+17.52%
2014-09-30	฿97.25 Billion ≈ $3.03 Billion	฿18.94 Billion ≈ $590.37 Million	0.195x	-13.19%
2013-09-30	฿91.74 Billion ≈ $2.86 Billion	฿20.58 Billion ≈ $641.58 Million	0.224x	+8.55%
2012-09-30	฿77.79 Billion ≈ $2.42 Billion	฿16.08 Billion ≈ $501.20 Million	0.207x	-11.57%
2011-09-30	฿71.55 Billion ≈ $2.23 Billion	฿16.73 Billion ≈ $521.34 Million	0.234x	+6.91%
2010-09-30	฿74.09 Billion ≈ $2.31 Billion	฿16.20 Billion ≈ $504.92 Million	0.219x	+45.93%
2009-09-30	฿73.26 Billion ≈ $2.28 Billion	฿10.98 Billion ≈ $342.12 Million	0.150x	-3.42%
2008-09-30	฿76.31 Billion ≈ $2.38 Billion	฿11.84 Billion ≈ $368.98 Million	0.155x	+103.76%
2007-09-30	฿69.69 Billion ≈ $2.17 Billion	฿5.31 Billion ≈ $165.37 Million	0.076x	-47.99%
2006-09-30	฿71.07 Billion ≈ $2.22 Billion	฿10.40 Billion ≈ $324.26 Million	0.146x	-2.63%
2005-09-30	฿64.48 Billion ≈ $2.01 Billion	฿9.69 Billion ≈ $302.13 Million	0.150x	-16.72%
2004-09-30	฿58.40 Billion ≈ $1.82 Billion	฿10.54 Billion ≈ $328.55 Million	0.181x	--

About Airports Of Thailand PCL

BK:AOT Thailand Airports & Air Services

Market Cap

$28.39 Billion

฿910.71 Billion THB

Market Cap Rank

#935 Global

#5 in Thailand

Share Price

฿63.75

Change (1 day)

+0.39%

52-Week Range

฿36.00 - ฿64.75

All Time High

฿79.16