Air Canada Cash Flow Reinvestment Rate
Air Canada cash flow reinvestment rate. Air Canada (AC) has a Cash Flow Reinvestment Rate of 0.27x as of March 2026, reinvesting CA$481.00 Million (capex CA$477.00 Million plus investments CA$4.00 Million) from operating cash flow of CA$1.80 Billion. Explore AC debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cash Flow Reinvestment Rate of Air Canada (2003–2025)
Cash flow reinvestment rate of Air Canada from 2003 to 2025. Historical reinvestment intensity for Air Canada across 18 annual periods. Explore AC capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Air Canada Cash Flow Reinvestment Rate by Year (2003–2025)
Air Canada cash flow reinvestment rate by year from 2003 to 2025. Year-by-year capital reinvestment analysis for Air Canada. For the full cash flow conversion analysis, see AC operating cash flow.
| Year | Reinvestment Rate | Total Reinvested (CAD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.29x | CA$4.72 Billion | CA$3.66 Billion | CA$2.91 Billion | ▲ +26.9% |
| 2024 | 1.02x | CA$4.00 Billion | CA$3.93 Billion | CA$2.64 Billion | ▲ +48.3% |
| 2023 | 0.69x | CA$2.96 Billion | CA$4.32 Billion | CA$1.56 Billion | ▼ -60.1% |
| 2022 | 1.72x | CA$4.07 Billion | CA$2.37 Billion | CA$1.57 Billion | ▲ +103.6% |
| 2019 | 0.84x | CA$4.82 Billion | CA$5.71 Billion | CA$2.02 Billion | ▼ -40.1% |
| 2018 | 1.41x | CA$4.89 Billion | CA$3.47 Billion | CA$2.20 Billion | ▼ -24.5% |
| 2017 | 1.87x | CA$5.11 Billion | CA$2.74 Billion | CA$2.42 Billion | ▼ -13.8% |
| 2016 | 2.17x | CA$5.25 Billion | CA$2.42 Billion | CA$2.92 Billion | ▲ +97.0% |
| 2015 | 1.10x | CA$2.21 Billion | CA$2.01 Billion | CA$1.81 Billion | ▼ -35.4% |
| 2014 | 1.70x | CA$1.60 Billion | CA$941.00 Million | CA$1.50 Billion | ▲ +6.1% |
| 2013 | 1.60x | CA$1.17 Billion | CA$731.00 Million | CA$962.00 Million | ▲ +123.1% |
| 2012 | 0.72x | CA$462.00 Million | CA$643.00 Million | CA$462.00 Million | ▲ +91.4% |
| 2011 | 0.38x | CA$220.00 Million | CA$586.00 Million | CA$220.00 Million | ▲ +196.8% |
| 2010 | 0.13x | CA$118.00 Million | CA$933.00 Million | CA$118.00 Million | ▼ -97.9% |
| 2007 | 6.07x | CA$2.61 Billion | CA$429.00 Million | CA$2.61 Billion | ▲ +168.8% |
| 2006 | 2.26x | CA$888.00 Million | CA$393.00 Million | CA$888.00 Million | ▲ +1.0% |
| 2005 | 2.24x | CA$868.00 Million | CA$388.00 Million | CA$868.00 Million | — |
| 2003 | 0.00x | CA$0.00 | CA$139.00 Million | CA$0.00 | — |