Ambev S.A. (AMNA) — Capital Reinvestment Ratio
Ambev S.A. (AMNA) has a Capital Reinvestment Ratio of 0.12x as of December 2025, meaning it reinvests 0% of its operating cash flow (€13.25 Billion) in capital expenditures (€1.63 Billion). See AMNA equity financing ratio to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Ambev S.A. Capital Reinvestment Ratio (2015–2025)
This chart tracks Ambev S.A.'s Capital Reinvestment Ratio across 11 annual periods. Check Ambev S.A. investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Ambev S.A. (2015–2025)
Year-by-year Capital Reinvestment Ratio for Ambev S.A. from 2015 to 2025. For live market cap and broader valuation context, see Ambev S.A. (AMNA) market capitalisation.
| 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 | — |