Air Liquide SA (AI) — Cash Flow Reinvestment Rate
Air Liquide SA (AI) has a Cash Flow Reinvestment Rate of 0.57x as of December 2025, reinvesting €2.01 Billion (capex €2.01 Billion ) from operating cash flow of €3.50 Billion. Check Air Liquide SA (AI) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Air Liquide SA Cash Flow Reinvestment Rate (2004–2025)
Historical reinvestment intensity for Air Liquide SA across 22 annual periods. Explore Air Liquide SA long-term investment allocation to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Air Liquide SA (2004–2025)
Year-by-year capital reinvestment analysis for Air Liquide SA. For live market cap and broader valuation context, see market cap of Air Liquide SA.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.60x | €3.84 Billion | €6.35 Billion | €3.84 Billion | ▼ -46.2% |
| 2024 | 1.12x | €7.11 Billion | €6.32 Billion | €3.53 Billion | ▲ +8.8% |
| 2023 | 1.03x | €6.47 Billion | €6.26 Billion | €3.39 Billion | ▼ -7.8% |
| 2022 | 1.12x | €6.51 Billion | €5.81 Billion | €3.27 Billion | ▼ -0.3% |
| 2021 | 1.13x | €6.27 Billion | €5.57 Billion | €2.92 Billion | ▲ +27.8% |
| 2020 | 0.88x | €4.58 Billion | €5.21 Billion | €2.63 Billion | ▼ -20.5% |
| 2019 | 1.11x | €5.22 Billion | €4.71 Billion | €2.64 Billion | ▲ +15.6% |
| 2018 | 0.96x | €4.52 Billion | €4.72 Billion | €2.25 Billion | ▲ +1.2% |
| 2017 | 0.95x | €4.03 Billion | €4.25 Billion | €2.18 Billion | ▼ -77.9% |
| 2016 | 4.29x | €15.85 Billion | €3.70 Billion | €2.26 Billion | ▲ +498.6% |
| 2015 | 0.72x | €2.03 Billion | €2.83 Billion | €2.03 Billion | ▲ +5.7% |
| 2014 | 0.68x | €1.92 Billion | €2.83 Billion | €1.90 Billion | ▼ -12.1% |
| 2013 | 0.77x | €2.16 Billion | €2.80 Billion | €2.16 Billion | ▲ +4.0% |
| 2012 | 0.74x | €2.01 Billion | €2.71 Billion | €2.01 Billion | ▲ +2.5% |
| 2011 | 0.72x | €1.75 Billion | €2.43 Billion | €1.75 Billion | ▲ +20.8% |
| 2010 | 0.60x | €1.45 Billion | €2.42 Billion | €1.45 Billion | ▲ +4.1% |
| 2009 | 0.58x | €1.41 Billion | €2.45 Billion | €1.41 Billion | ▼ -30.9% |
| 2008 | 0.83x | €1.91 Billion | €2.29 Billion | €1.91 Billion | ▲ +28.7% |
| 2007 | 0.65x | €1.36 Billion | €2.10 Billion | €1.36 Billion | ▲ +1.3% |
| 2006 | 0.64x | €1.13 Billion | €1.77 Billion | €1.13 Billion | ▲ +12.6% |
| 2005 | 0.57x | €975.20 Million | €1.72 Billion | €975.20 Million | ▼ -8.6% |
| 2004 | 0.62x | €901.00 Million | €1.45 Billion | €901.00 Million | — |