Airtel Africa Plc (AAF) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.37x

Airtel Africa Plc (AAF) has a Cash Flow Reinvestment Rate of 0.37x as of December 2025, reinvesting GBX344.00 Million (capex GBX236.00 Million plus investments GBX-108.00 Million) from operating cash flow of GBX918.00 Million. Explore Airtel Africa Plc (AAF) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.37x
(Capex + Investments) / Operating CF

Total Reinvested

GBX344.00 Million
Capex + Investments

Operating Cash Flow

GBX918.00 Million
GBX

Capital Expenditures

GBX236.00 Million
GBX

Airtel Africa Plc Cash Flow Reinvestment Rate (2017–2025)

Historical reinvestment intensity for Airtel Africa Plc across 9 annual periods. Also explore total assets of Airtel Africa Plc for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Airtel Africa Plc (2017–2025)

Year-by-year capital reinvestment analysis for Airtel Africa Plc. For live market cap and broader valuation context, see AAF market cap.

Year Reinvestment Rate Total Reinvested (GBX) Operating CF Capex YoY Change
2025 0.63x GBX1.42 Billion GBX2.27 Billion GBX859.00 Million ▼ -37.2%
2024 1.00x GBX2.26 Billion GBX2.26 Billion GBX1.03 Billion ▼ -4.4%
2023 1.04x GBX2.31 Billion GBX2.21 Billion GBX1.28 Billion ▲ +154.4%
2022 0.41x GBX826.00 Million GBX2.01 Billion GBX739.00 Million ▼ -41.6%
2021 0.70x GBX1.17 Billion GBX1.67 Billion GBX915.00 Million ▼ -8.6%
2020 0.77x GBX1.07 Billion GBX1.39 Billion GBX811.00 Million ▼ -16.5%
2019 0.92x GBX950.00 Million GBX1.03 Billion GBX693.00 Million ▲ +27.1%
2018 0.73x GBX603.00 Million GBX831.00 Million GBX346.00 Million ▼ -47.4%
2017 1.38x GBX581.00 Million GBX421.00 Million GBX574.00 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow