Air France-KLM SA (AF) — Cash Flow Reinvestment Rate
Air France-KLM SA (AF) has a Cash Flow Reinvestment Rate of 0.65x as of March 2026, reinvesting €985.00 Million (capex €940.00 Million plus investments €45.00 Million) from operating cash flow of €1.52 Billion. Explore how much does Air France-KLM SA 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
Air France-KLM SA Cash Flow Reinvestment Rate (2002–2025)
Historical reinvestment intensity for Air France-KLM SA across 22 annual periods. Also explore AF total asset value for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Air France-KLM SA (2002–2025)
Year-by-year capital reinvestment analysis for Air France-KLM SA. For live market cap and broader valuation context, see Air France-KLM SA (AF) market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.99x | €4.50 Billion | €4.56 Billion | €4.45 Billion | ▼ -46.9% |
| 2024 | 1.86x | €6.50 Billion | €3.50 Billion | €3.73 Billion | ▼ -3.2% |
| 2023 | 1.92x | €6.00 Billion | €3.12 Billion | €3.55 Billion | ▲ +81.8% |
| 2022 | 1.06x | €5.12 Billion | €4.86 Billion | €2.97 Billion | ▼ -26.8% |
| 2021 | 1.44x | €2.21 Billion | €1.53 Billion | €2.20 Billion | ▼ -16.1% |
| 2019 | 1.72x | €6.69 Billion | €3.90 Billion | €3.37 Billion | ▲ +18.6% |
| 2018 | 1.45x | €5.38 Billion | €3.71 Billion | €2.76 Billion | ▼ -12.0% |
| 2017 | 1.65x | €4.77 Billion | €2.90 Billion | €2.31 Billion | ▲ +31.6% |
| 2016 | 1.25x | €2.80 Billion | €2.24 Billion | €2.07 Billion | ▲ +33.4% |
| 2015 | 0.94x | €1.78 Billion | €1.90 Billion | €1.65 Billion | ▼ -44.7% |
| 2014 | 1.70x | €1.72 Billion | €1.01 Billion | €1.43 Billion | ▲ +106.2% |
| 2013 | 0.82x | €1.22 Billion | €1.48 Billion | €1.19 Billion | ▼ -66.8% |
| 2012 | 2.48x | €2.11 Billion | €851.00 Million | €1.47 Billion | ▼ -24.6% |
| 2011 | 3.28x | €3.07 Billion | €934.00 Million | €2.43 Billion | ▲ +109.0% |
| 2010 | 1.57x | €2.12 Billion | €1.35 Billion | €2.12 Billion | ▼ -38.6% |
| 2008 | 2.56x | €2.04 Billion | €798.00 Million | €2.04 Billion | ▲ +183.8% |
| 2007 | 0.90x | €2.34 Billion | €2.59 Billion | €2.34 Billion | ▲ +8.1% |
| 2006 | 0.83x | €2.38 Billion | €2.85 Billion | €2.38 Billion | ▼ -12.9% |
| 2005 | 0.96x | €2.54 Billion | €2.66 Billion | €2.54 Billion | ▼ -12.1% |
| 2004 | 1.09x | €2.13 Billion | €1.96 Billion | €2.13 Billion | ▲ +3.2% |
| 2003 | 1.06x | €1.27 Billion | €1.20 Billion | €1.27 Billion | ▼ -19.1% |
| 2002 | 1.31x | €1.45 Billion | €1.11 Billion | €1.45 Billion | — |