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. Explore Air Canada capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore balance sheet size of Air Canada for the complete picture of this company's asset base.
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 company net worth.
| 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 | — |