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. See how much free cash does Air Liquide SA generate to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see Air Liquide SA (AI) cash flow conversion.
Annual Cash Flow Reinvestment Rate for Air Liquide SA (2004–2025)
Year-by-year capital reinvestment analysis for Air Liquide SA. See financial flexibility index of Air Liquide SA to measure the company's free cash flow as a share of total liabilities.
| 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 | — |