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. Check AIZ cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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. Explore AIZ strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Air New Zealand Ltd (2001–2025)
Year-by-year capital reinvestment analysis for Air New Zealand Ltd. For live market cap and broader valuation context, see market cap of Air New Zealand Ltd.
| 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 | — |