The a2 Milk Company Ltd (A2M) — Cash Flow Reinvestment Rate
The a2 Milk Company Ltd (A2M) has a Cash Flow Reinvestment Rate of 1.70x as of June 2026, reinvesting AU$64.34 Million (capex AU$64.34 Million ) from operating cash flow of AU$37.93 Million. See free cash flow generation of The a2 Milk Company Ltd to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
The a2 Milk Company Ltd Cash Flow Reinvestment Rate (2011–2026)
Historical reinvestment intensity for The a2 Milk Company Ltd across 15 annual periods. For the full cash flow conversion analysis, see The a2 Milk Company Ltd cash flow conversion.
Annual Cash Flow Reinvestment Rate for The a2 Milk Company Ltd (2011–2026)
Year-by-year capital reinvestment analysis for The a2 Milk Company Ltd. See The a2 Milk Company Ltd financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (AUD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2026 | 3.46x | AU$460.46 Million | AU$133.04 Million | AU$73.42 Million | ▲ +624.5% |
| 2025 | 0.48x | AU$96.25 Million | AU$201.48 Million | AU$3.97 Million | ▲ +125.6% |
| 2024 | 0.21x | AU$54.16 Million | AU$255.74 Million | AU$17.02 Million | ▼ -3.2% |
| 2023 | 0.22x | AU$24.35 Million | AU$111.28 Million | AU$10.41 Million | ▼ -93.2% |
| 2022 | 3.22x | AU$455.17 Million | AU$141.55 Million | AU$5.17 Million | ▲ +509.8% |
| 2021 | 0.53x | AU$47.15 Million | AU$89.42 Million | AU$7.31 Million | ▲ +675.1% |
| 2020 | 0.07x | AU$29.08 Million | AU$427.41 Million | AU$7.22 Million | ▼ -88.1% |
| 2019 | 0.57x | AU$165.70 Million | AU$289.07 Million | AU$3.36 Million | ▲ +533.3% |
| 2018 | 0.09x | AU$20.92 Million | AU$231.11 Million | AU$4.85 Million | ▼ -82.3% |
| 2017 | 0.51x | AU$51.15 Million | AU$99.94 Million | AU$2.47 Million | ▲ +173.9% |
| 2016 | 0.19x | AU$4.01 Million | AU$21.47 Million | AU$2.05 Million | ▼ -99.8% |
| 2014 | 118.60x | AU$51.59 Million | AU$435.00K | AU$2.91 Million | ▲ +12943.6% |
| 2013 | 0.91x | AU$3.32 Million | AU$3.65 Million | AU$3.32 Million | ▼ -99.2% |
| 2012 | 115.13x | AU$10.13 Million | AU$88.00K | AU$10.13 Million | ▲ +7871.5% |
| 2011 | 1.44x | AU$2.08 Million | AU$1.44 Million | AU$2.08 Million | — |