Air Canada Cash Flow Reinvestment Rate

Latest as of March 2026: 0.27x

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

0.27x
(Capex + Investments) / Operating CF

Total Reinvested

CA$481.00 Million
Capex + Investments

Operating Cash Flow

CA$1.80 Billion
CAD

Capital Expenditures

CA$477.00 Million
CAD

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 —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow