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. Explore how much does Qantas Airways Ltd reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore QAN total assets for the complete picture of this company's asset base.
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 Qantas Airways Ltd stock valuation.
| 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 | — |