HEINEKEN SP. ADR 1/2 (HNK2) — Capital Reinvestment Ratio
Latest as of December 2025:
0.48x
HEINEKEN SP. ADR 1/2 (HNK2) has a Capital Reinvestment Ratio of 0.48x as of December 2025, meaning it reinvests 0% of its operating cash flow (€5.01 Billion) in capital expenditures (€2.40 Billion). See free cash flow generation of HEINEKEN SP. ADR 1/2 to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.48x
Capex / Operating Cash Flow
Operating Cash Flow
€5.01 Billion
EUR
Capital Expenditures
€2.40 Billion
EUR
Data as of
Dec 2025
Most recent filing
HEINEKEN SP. ADR 1/2 Capital Reinvestment Ratio (2022–2025)
This chart tracks HEINEKEN SP. ADR 1/2's Capital Reinvestment Ratio across 4 annual periods.
Annual Capital Reinvestment Ratio for HEINEKEN SP. ADR 1/2 (2022–2025)
Year-by-year Capital Reinvestment Ratio for HEINEKEN SP. ADR 1/2 from 2022 to 2025. For live market cap and broader valuation context, see HNK2 market cap.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.48x | €5.01 Billion | €2.40 Billion | ▲ +7.0% |
| 2024 | 0.45x | €5.50 Billion | €2.46 Billion | ▼ -25.9% |
| 2023 | 0.60x | €4.43 Billion | €2.68 Billion | ▲ +35.1% |
| 2022 | 0.45x | €4.50 Billion | €2.01 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow