Air Canada (AC) — 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. Check cash flow quality index of Air Canada to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Air Canada Cash Flow Reinvestment Rate (2003–2025)
Historical reinvestment intensity for Air Canada across 18 annual periods. Explore Air Canada (AC) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Air Canada (2003–2025)
Year-by-year capital reinvestment analysis for Air Canada. For live market cap and broader valuation context, see AC market cap overview.
| 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 | — |