Air Liquide SA (AI) — Cash Flow Reinvestment Rate
Latest as of December 2025:
0.57x
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. Explore Air Liquide SA capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
0.57x
(Capex + Investments) / Operating CF
Total Reinvested
€2.01 Billion
Capex + Investments
Operating Cash Flow
€3.50 Billion
EUR
Capital Expenditures
€2.01 Billion
EUR
Air Liquide SA Cash Flow Reinvestment Rate (2004–2025)
Historical reinvestment intensity for Air Liquide SA across 22 annual periods. Also explore Air Liquide SA total assets for the complete picture of this company's asset base.
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 AI market cap overview.
| 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 | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow