Air New Zealand Ltd (AIZ) — Cash Flow Reinvestment Rate
Air New Zealand Ltd (AIZ) has a Cash Flow Reinvestment Rate of 3.25x as of December 2025, reinvesting AU$693.12 Million (capex AU$693.12 Million ) from operating cash flow of AU$213.04 Million. See cash generation quality of Air New Zealand Ltd to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Air New Zealand Ltd Cash Flow Reinvestment Rate (2001–2025)
Historical reinvestment intensity for Air New Zealand Ltd across 24 annual periods. For the full cash flow conversion analysis, see Air New Zealand Ltd cash conversion from operations.
Annual Cash Flow Reinvestment Rate for Air New Zealand Ltd (2001–2025)
Year-by-year capital reinvestment analysis for Air New Zealand Ltd. See Air New Zealand Ltd free cash flow to debt ratio 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 |
|---|---|---|---|---|---|
| 2025 | 0.96x | AU$899.00 Million | AU$940.00 Million | AU$780.00 Million | ▼ -52.0% |
| 2024 | 1.99x | AU$1.61 Billion | AU$810.00 Million | AU$791.00 Million | ▲ +143.1% |
| 2023 | 0.82x | AU$1.52 Billion | AU$1.85 Billion | AU$602.00 Million | ▲ +18.1% |
| 2022 | 0.69x | AU$398.10 Million | AU$574.00 Million | AU$365.00 Million | ▼ -16.8% |
| 2021 | 0.83x | AU$265.00 Million | AU$318.00 Million | AU$226.00 Million | ▼ -70.6% |
| 2020 | 2.83x | AU$651.00 Million | AU$230.00 Million | AU$615.00 Million | ▲ +211.5% |
| 2019 | 0.91x | AU$896.00 Million | AU$986.00 Million | AU$821.00 Million | ▲ +15.5% |
| 2018 | 0.79x | AU$811.00 Million | AU$1.03 Billion | AU$809.00 Million | ▼ -31.0% |
| 2017 | 1.14x | AU$1.03 Billion | AU$904.00 Million | AU$853.00 Million | ▼ -31.8% |
| 2016 | 1.67x | AU$1.79 Billion | AU$1.07 Billion | AU$998.00 Million | ▲ +62.7% |
| 2015 | 1.03x | AU$1.13 Billion | AU$1.10 Billion | AU$1.12 Billion | ▲ +4.0% |
| 2014 | 0.99x | AU$721.00 Million | AU$730.00 Million | AU$644.00 Million | ▲ +93.9% |
| 2013 | 0.51x | AU$382.00 Million | AU$750.00 Million | AU$382.00 Million | ▼ -61.4% |
| 2012 | 1.32x | AU$623.00 Million | AU$472.00 Million | AU$623.00 Million | ▼ -22.8% |
| 2011 | 1.71x | AU$797.00 Million | AU$466.00 Million | AU$797.00 Million | ▲ +31.9% |
| 2010 | 1.30x | AU$433.00 Million | AU$334.00 Million | AU$433.00 Million | ▲ +98.1% |
| 2009 | 0.65x | AU$318.00 Million | AU$486.00 Million | AU$318.00 Million | ▲ +71.2% |
| 2008 | 0.38x | AU$284.00 Million | AU$743.00 Million | AU$284.00 Million | ▼ -77.2% |
| 2007 | 1.68x | AU$556.00 Million | AU$331.00 Million | AU$556.00 Million | ▲ +4.0% |
| 2006 | 1.62x | AU$764.00 Million | AU$473.00 Million | AU$764.00 Million | ▲ +44.6% |
| 2005 | 1.12x | AU$488.00 Million | AU$437.00 Million | AU$488.00 Million | ▲ +196.7% |
| 2004 | 0.38x | AU$175.70 Million | AU$466.86 Million | AU$175.70 Million | ▼ -81.0% |
| 2002 | 1.99x | AU$111.70 Million | AU$56.25 Million | AU$111.70 Million | ▼ -40.2% |
| 2001 | 3.32x | AU$485.76 Million | AU$146.31 Million | AU$485.76 Million | — |