Ambev S.A. (ABEV3) — Capital Reinvestment Ratio
Latest as of March 2026:
0.15x
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 Ambev S.A. free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.15x
Capex / Operating Cash Flow
Operating Cash Flow
R$3.16 Billion
BRL
Capital Expenditures
R$466.86 Million
BRL
Data as of
Mar 2026
Most recent filing
Ambev S.A. Capital Reinvestment Ratio (2001–2025)
This chart tracks Ambev S.A.'s Capital Reinvestment Ratio across 25 annual periods.
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 market value of Ambev S.A..
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow