Ambev S.A. Capital Reinvestment Ratio
Ambev S.A. 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). Check ABEV3 capex plus investments 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. (2001–2025)
Capital reinvestment ratio of Ambev S.A. from 2001 to 2025. This chart tracks Ambev S.A.'s Capital Reinvestment Ratio across 25 annual periods. Also explore Ambev S.A. annual equity growth to track the company's year-over-year net asset growth rate.
Ambev S.A. Capital Reinvestment Ratio by Year (2001–2025)
Ambev S.A. capital reinvestment ratio by year from 2001 to 2025. For the full cash flow conversion analysis, see Ambev S.A. operating cash flow efficiency.
| 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 | — |