Qantas Airways Ltd (QAN) — Cash Flow Reinvestment Rate
Qantas Airways Ltd (QAN) has a Cash Flow Reinvestment Rate of 1.09x as of December 2025, reinvesting AU$1.84 Billion (capex AU$1.84 Billion ) from operating cash flow of AU$1.69 Billion. Check earnings quality score of Qantas Airways Ltd to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Qantas Airways Ltd Cash Flow Reinvestment Rate (1994–2025)
Historical reinvestment intensity for Qantas Airways Ltd across 30 annual periods. Explore investment intensity of Qantas Airways Ltd to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Qantas Airways Ltd (1994–2025)
Year-by-year capital reinvestment analysis for Qantas Airways Ltd. For live market cap and broader valuation context, see how much is Qantas Airways Ltd worth.
| Year | Reinvestment Rate | Total Reinvested (AUD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.82x | AU$7.73 Billion | AU$4.25 Billion | AU$3.92 Billion | ▲ +9.6% |
| 2024 | 1.66x | AU$5.56 Billion | AU$3.35 Billion | AU$2.67 Billion | ▲ +61.5% |
| 2023 | 1.03x | AU$5.19 Billion | AU$5.05 Billion | AU$2.56 Billion | ▲ +139.2% |
| 2022 | 0.43x | AU$1.15 Billion | AU$2.67 Billion | AU$906.00 Million | ▼ -70.4% |
| 2020 | 1.45x | AU$1.57 Billion | AU$1.08 Billion | AU$1.55 Billion | ▲ +125.8% |
| 2019 | 0.64x | AU$2.04 Billion | AU$3.16 Billion | AU$1.99 Billion | ▲ +9.5% |
| 2018 | 0.59x | AU$2.00 Billion | AU$3.41 Billion | AU$2.00 Billion | ▲ +11.2% |
| 2017 | 0.53x | AU$1.43 Billion | AU$2.70 Billion | AU$1.41 Billion | ▼ -58.2% |
| 2016 | 1.26x | AU$3.56 Billion | AU$2.82 Billion | AU$1.64 Billion | ▲ +80.6% |
| 2015 | 0.70x | AU$1.43 Billion | AU$2.05 Billion | AU$1.38 Billion | ▼ -40.9% |
| 2014 | 1.19x | AU$1.27 Billion | AU$1.07 Billion | AU$1.20 Billion | ▲ +23.9% |
| 2013 | 0.96x | AU$1.36 Billion | AU$1.42 Billion | AU$1.31 Billion | ▼ -23.2% |
| 2012 | 1.25x | AU$2.25 Billion | AU$1.81 Billion | AU$2.22 Billion | ▼ -12.4% |
| 2011 | 1.42x | AU$2.41 Billion | AU$1.69 Billion | AU$2.41 Billion | ▲ +10.1% |
| 2010 | 1.29x | AU$1.69 Billion | AU$1.31 Billion | AU$1.69 Billion | ▼ -4.7% |
| 2009 | 1.36x | AU$1.53 Billion | AU$1.13 Billion | AU$1.53 Billion | ▲ +102.6% |
| 2008 | 0.67x | AU$1.42 Billion | AU$2.13 Billion | AU$1.42 Billion | ▲ +27.4% |
| 2007 | 0.53x | AU$1.24 Billion | AU$2.35 Billion | AU$1.24 Billion | ▼ -30.3% |
| 2006 | 0.75x | AU$1.53 Billion | AU$2.03 Billion | AU$1.53 Billion | ▼ -12.7% |
| 2005 | 0.86x | AU$1.68 Billion | AU$1.95 Billion | AU$1.68 Billion | ▼ -13.3% |
| 2004 | 1.00x | AU$1.99 Billion | AU$2.00 Billion | AU$1.99 Billion | ▼ -56.3% |
| 2003 | 2.28x | AU$2.94 Billion | AU$1.29 Billion | AU$2.94 Billion | ▲ +11.3% |
| 2002 | 2.05x | AU$2.34 Billion | AU$1.14 Billion | AU$2.34 Billion | ▲ +136.7% |
| 2001 | 0.86x | AU$951.10 Million | AU$1.10 Billion | AU$951.10 Million | ▲ +20.0% |
| 2000 | 0.72x | AU$1.15 Billion | AU$1.60 Billion | AU$1.15 Billion | ▼ -30.1% |
| 1999 | 1.03x | AU$1.24 Billion | AU$1.21 Billion | AU$1.24 Billion | ▲ +82.8% |
| 1998 | 0.56x | AU$686.60 Million | AU$1.22 Billion | AU$686.60 Million | ▲ +0.2% |
| 1997 | 0.56x | AU$624.80 Million | AU$1.11 Billion | AU$624.80 Million | ▲ +2.8% |
| 1995 | 0.55x | AU$467.20 Million | AU$853.80 Million | AU$467.20 Million | ▲ +55.8% |
| 1994 | 0.35x | AU$256.00 Million | AU$729.00 Million | AU$256.00 Million | — |