Ambev S.A. Capital Reinvestment Ratio
Ambev S.A. capital reinvestment ratio. Ambev S.A. (AMNA) has a Capital Reinvestment Ratio of 0.19x as of June 2026, meaning it reinvests 0% of its operating cash flow (€4.71 Billion) in capital expenditures (€879.90 Million). Check AMNA cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Ambev S.A. (2015–2025)
Capital reinvestment ratio of Ambev S.A. from 2015 to 2025. This chart tracks Ambev S.A.'s Capital Reinvestment Ratio across 11 annual periods. Also explore how fast is Ambev S.A. growing its equity to track the company's year-over-year net asset growth rate.
Ambev S.A. Capital Reinvestment Ratio by Year (2015–2025)
Ambev S.A. capital reinvestment ratio by year from 2015 to 2025. For the full cash flow conversion analysis, see AMNA cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | €24.45 Billion | €4.59 Billion | ▲ +3.2% |
| 2024 | 0.18x | €26.10 Billion | €4.75 Billion | ▼ -25.1% |
| 2023 | 0.24x | €24.71 Billion | €6.00 Billion | ▼ -23.2% |
| 2022 | 0.32x | €20.64 Billion | €6.53 Billion | ▼ -5.6% |
| 2021 | 0.34x | €22.90 Billion | €7.68 Billion | ▲ +34.7% |
| 2020 | 0.25x | €18.86 Billion | €4.69 Billion | ▼ -9.8% |
| 2019 | 0.28x | €18.38 Billion | €5.07 Billion | ▲ +41.7% |
| 2018 | 0.19x | €18.35 Billion | €3.57 Billion | ▲ +8.6% |
| 2017 | 0.18x | €17.87 Billion | €3.20 Billion | ▼ -46.5% |
| 2016 | 0.33x | €12.34 Billion | €4.13 Billion | ▲ +50.1% |
| 2015 | 0.22x | €23.58 Billion | €5.26 Billion | — |