International Consolidated Airlines Group S.A (IAG) — Cash Flow Reinvestment Rate
International Consolidated Airlines Group S.A (IAG) has a Cash Flow Reinvestment Rate of 0.62x as of December 2025, reinvesting €1.81 Billion (capex €1.81 Billion ) from operating cash flow of €2.92 Billion. Explore how much does International Consolidated Airlines Grou 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
International Consolidated Airlines Group S.A Cash Flow Reinvestment Rate (2003–2025)
Historical reinvestment intensity for International Consolidated Airlines Group S.A across 20 annual periods. Also explore balance sheet size of International Consolidated Airlines Grou for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for International Consolidated Airlines Group S.A (2003–2025)
Year-by-year capital reinvestment analysis for International Consolidated Airlines Group S.A. For live market cap and broader valuation context, see IAG market cap.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.63x | €4.09 Billion | €6.47 Billion | €3.38 Billion | ▼ -24.2% |
| 2024 | 0.83x | €5.32 Billion | €6.37 Billion | €2.82 Billion | ▼ -41.8% |
| 2023 | 1.43x | €6.98 Billion | €4.86 Billion | €3.55 Billion | ▼ -5.5% |
| 2022 | 1.52x | €7.34 Billion | €4.83 Billion | €3.88 Billion | ▲ +70.2% |
| 2019 | 0.89x | €3.57 Billion | €4.00 Billion | €3.46 Billion | ▼ -22.6% |
| 2018 | 1.15x | €3.73 Billion | €3.24 Billion | €2.80 Billion | ▲ +112.3% |
| 2017 | 0.54x | €1.91 Billion | €3.51 Billion | €1.49 Billion | ▼ -70.0% |
| 2016 | 1.81x | €4.79 Billion | €2.65 Billion | €3.04 Billion | ▲ +2.3% |
| 2015 | 1.77x | €3.48 Billion | €1.97 Billion | €2.04 Billion | ▼ -2.7% |
| 2014 | 1.82x | €3.38 Billion | €1.86 Billion | €2.62 Billion | ▼ -20.6% |
| 2013 | 2.29x | €2.79 Billion | €1.22 Billion | €2.20 Billion | ▼ -37.3% |
| 2012 | 3.65x | €1.24 Billion | €339.00 Million | €1.24 Billion | ▲ +162.8% |
| 2011 | 1.39x | €1.07 Billion | €770.00 Million | €1.07 Billion | ▲ +103.1% |
| 2010 | 0.68x | €641.00 Million | €936.00 Million | €641.00 Million | ▼ -69.4% |
| 2008 | 2.24x | €616.44 Million | €275.29 Million | €616.44 Million | ▲ +50.6% |
| 2007 | 1.49x | €788.95 Million | €530.57 Million | €788.95 Million | ▲ +252.5% |
| 2006 | 0.42x | €540.75 Million | €1.28 Billion | €540.75 Million | ▲ +114.5% |
| 2005 | 0.20x | €405.63 Million | €2.06 Billion | €405.63 Million | ▼ -43.9% |
| 2004 | 0.35x | €564.12 Million | €1.61 Billion | €564.12 Million | ▲ +52.1% |
| 2003 | 0.23x | €317.05 Million | €1.37 Billion | €317.05 Million | — |