Ambev S.A. (ABEV3) — Capital Reinvestment Ratio
Ambev S.A. (ABEV3) has a Capital Reinvestment Ratio of 0.15x as of March 2026, meaning it reinvests 0% of its operating cash flow (R$3.16 Billion) in capital expenditures (R$466.86 Million). See ABEV3 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 (2001–2025)
This chart tracks Ambev S.A.'s Capital Reinvestment Ratio across 25 annual periods. Check ABEV3 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Ambev S.A. (2001–2025)
Year-by-year Capital Reinvestment Ratio for Ambev S.A. from 2001 to 2025. For live market cap and broader valuation context, see how much is Ambev S.A. worth.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | R$24.45 Billion | R$4.59 Billion | ▲ +3.2% |
| 2024 | 0.18x | R$26.10 Billion | R$4.75 Billion | ▼ -25.1% |
| 2023 | 0.24x | R$24.71 Billion | R$6.00 Billion | ▼ -23.2% |
| 2022 | 0.32x | R$20.64 Billion | R$6.53 Billion | ▼ -5.6% |
| 2021 | 0.34x | R$22.90 Billion | R$7.68 Billion | ▲ +34.7% |
| 2020 | 0.25x | R$18.86 Billion | R$4.69 Billion | ▼ -9.8% |
| 2019 | 0.28x | R$18.38 Billion | R$5.07 Billion | ▲ +38.3% |
| 2018 | 0.20x | R$17.91 Billion | R$3.57 Billion | ▲ +11.2% |
| 2017 | 0.18x | R$17.87 Billion | R$3.20 Billion | ▼ -46.5% |
| 2016 | 0.33x | R$12.34 Billion | R$4.13 Billion | ▲ +50.0% |
| 2015 | 0.22x | R$23.58 Billion | R$5.26 Billion | ▼ -21.1% |
| 2014 | 0.28x | R$15.90 Billion | R$4.49 Billion | ▲ +46.2% |
| 2013 | 0.19x | R$19.65 Billion | R$3.80 Billion | ▼ -9.4% |
| 2012 | 0.21x | R$14.13 Billion | R$3.01 Billion | ▼ -16.0% |
| 2011 | 0.25x | R$12.61 Billion | R$3.20 Billion | ▲ +11.7% |
| 2010 | 0.23x | R$10.06 Billion | R$2.29 Billion | ▲ +37.4% |
| 2009 | 0.17x | R$8.70 Billion | R$1.44 Billion | ▼ -40.6% |
| 2008 | 0.28x | R$7.03 Billion | R$1.96 Billion | ▲ +35.1% |
| 2007 | 0.21x | R$7.92 Billion | R$1.63 Billion | ▼ -13.5% |
| 2006 | 0.24x | R$5.97 Billion | R$1.42 Billion | ▼ -27.8% |
| 2005 | 0.33x | R$4.15 Billion | R$1.37 Billion | ▼ -11.4% |
| 2004 | 0.37x | R$3.42 Billion | R$1.27 Billion | ▲ +9.2% |
| 2003 | 0.34x | R$2.53 Billion | R$862.20 Million | ▲ +79.2% |
| 2002 | 0.19x | R$2.74 Billion | R$522.30 Million | ▼ -36.9% |
| 2001 | 0.30x | R$1.48 Billion | R$446.82 Million | — |