Aecon Group Inc. (ARE) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.062x

Based on the latest financial reports, Aecon Group Inc. (ARE) has a cash flow conversion efficiency ratio of 0.062x as of September 2025. 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 (CA$56.99 Million ≈ $41.23 Million USD) by net assets (CA$922.85 Million ≈ $667.57 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Aecon Group Inc. defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Aecon Group Inc. - Cash Flow Conversion Efficiency Trend (1996–2024)

This chart illustrates how Aecon Group Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.

Aecon Group Inc. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Aecon Group Inc. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Surgery Partners Inc NASDAQ:SGRY	0.024x
Hefei Urban Construction Development Co Ltd SHE:002208	-0.260x
Lucid Group Inc NASDAQ:LCID	-0.582x
Investis Holding SA SW:IREN	0.016x
Sigdo Koppers SN:SK	0.065x
Hefei Meiya Optoelectronic Technology Inc SHE:002690	0.084x
Black Box Limited NSE:BBOX	0.059x
Novocure Ltd NASDAQ:NVCR	-0.041x

Annual Cash Flow Conversion Efficiency for Aecon Group Inc. (1996–2024)

The table below shows the annual cash flow conversion efficiency of Aecon Group Inc. from 1996 to 2024. For the full company profile with market capitalisation and key ratios, see ARE market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$962.44 Million ≈ $696.21 Million	CA$28.65 Million ≈ $20.73 Million	0.030x	-51.20%
2023-12-31	CA$1.06 Billion ≈ $769.92 Million	CA$64.93 Million ≈ $46.97 Million	0.061x	+153.06%
2022-12-31	CA$954.00 Million ≈ $690.11 Million	CA$-109.68 Million ≈ $-79.34 Million	-0.115x	-271.47%
2021-12-31	CA$913.57 Million ≈ $660.86 Million	CA$-28.27 Million ≈ $-20.45 Million	-0.031x	-109.84%
2020-12-31	CA$874.11 Million ≈ $632.32 Million	CA$274.95 Million ≈ $198.89 Million	0.315x	+32.72%
2019-12-31	CA$858.00 Million ≈ $620.66 Million	CA$203.35 Million ≈ $147.10 Million	0.237x	-46.99%
2018-12-31	CA$825.06 Million ≈ $596.84 Million	CA$368.88 Million ≈ $266.84 Million	0.447x	+69.36%
2017-12-31	CA$771.48 Million ≈ $558.07 Million	CA$203.66 Million ≈ $147.32 Million	0.264x	+433.98%
2016-12-31	CA$753.60 Million ≈ $545.14 Million	CA$37.26 Million ≈ $26.95 Million	0.049x	-49.84%
2015-12-31	CA$718.05 Million ≈ $519.43 Million	CA$70.77 Million ≈ $51.20 Million	0.099x	-43.28%
2014-12-31	CA$655.95 Million ≈ $474.50 Million	CA$113.97 Million ≈ $82.45 Million	0.174x	-28.09%
2013-12-31	CA$586.61 Million ≈ $424.34 Million	CA$141.74 Million ≈ $102.53 Million	0.242x	+156.70%
2012-12-31	CA$549.57 Million ≈ $397.55 Million	CA$51.73 Million ≈ $37.42 Million	0.094x	-76.65%
2011-12-31	CA$489.88 Million ≈ $354.37 Million	CA$197.48 Million ≈ $142.86 Million	0.403x	+295.30%
2010-12-31	CA$475.96 Million ≈ $344.30 Million	CA$-98.25 Million ≈ $-71.07 Million	-0.206x	-1466.24%
2009-12-31	CA$462.32 Million ≈ $334.44 Million	CA$-6.09 Million ≈ $-4.41 Million	-0.013x	-103.52%
2008-12-31	CA$384.71 Million ≈ $278.30 Million	CA$143.91 Million ≈ $104.10 Million	0.374x	-13.14%
2007-12-31	CA$226.34 Million ≈ $163.73 Million	CA$97.48 Million ≈ $70.52 Million	0.431x	+4123.99%
2006-12-31	CA$153.60 Million ≈ $111.11 Million	CA$-1.64 Million ≈ $-1.19 Million	-0.011x	+95.92%
2005-12-31	CA$106.33 Million ≈ $76.92 Million	CA$-27.91 Million ≈ $-20.19 Million	-0.263x	-236.75%
2004-12-31	CA$102.96 Million ≈ $74.48 Million	CA$-8.03 Million ≈ $-5.81 Million	-0.078x	+66.78%
2003-12-31	CA$116.97 Million ≈ $84.61 Million	CA$-27.45 Million ≈ $-19.86 Million	-0.235x	+15.76%
2002-12-31	CA$131.55 Million ≈ $95.16 Million	CA$-36.65 Million ≈ $-26.51 Million	-0.279x	-133.96%
2001-12-31	CA$99.78 Million ≈ $72.18 Million	CA$81.85 Million ≈ $59.21 Million	0.820x	+162.27%
2000-12-31	CA$87.09 Million ≈ $63.00 Million	CA$27.24 Million ≈ $19.71 Million	0.313x	+26.86%
1999-12-31	CA$72.60 Million ≈ $52.52 Million	CA$17.90 Million ≈ $12.95 Million	0.247x	+220.50%
1998-12-31	CA$34.70 Million ≈ $25.10 Million	CA$-7.10 Million ≈ $-5.14 Million	-0.205x	-133.29%
1997-12-31	CA$30.10 Million ≈ $21.77 Million	CA$18.50 Million ≈ $13.38 Million	0.615x	+4.01%
1996-12-31	CA$22.00 Million ≈ $15.91 Million	CA$13.00 Million ≈ $9.40 Million	0.591x	--

About Aecon Group Inc.

TO:ARE Canada Engineering & Construction

Market Cap

$2.06 Billion

CA$2.84 Billion CAD

Market Cap Rank

#6416 Global

#204 in Canada

Share Price

CA$44.90

Change (1 day)

-0.11%

52-Week Range

CA$18.75 - CA$56.85

All Time High

CA$56.85