Ambev S.A. (AMNA) — Cash Flow Quality Index

Latest as of December 2025: 3.05x

Ambev S.A. (AMNA) has a Cash Flow Quality Index of 3.05x as of December 2025. Operating cash flow of €13.25 Billion exceeds net income of €4.35 Billion, indicating high earnings quality where cash backs reported profits. Explore long-term investment intensity of Ambev S.A. to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

3.05x
Operating CF / Net Income

Operating Cash Flow

€13.25 Billion
EUR

Net Income

€4.35 Billion
EUR

Data as of

Dec 2025
Most recent filing

Ambev S.A. Cash Flow Quality Index (2015–2025)

Historical Cash Flow Quality Index for Ambev S.A. across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check AMNA tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Ambev S.A. (2015–2025)

Year-by-year earnings quality comparison for Ambev S.A.. For live market cap and the full company financial profile, see AMNA market cap overview.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 1.58x €24.45 Billion €15.50 Billion ▼ -12.8%
2024 1.81x €26.10 Billion €14.44 Billion ▲ +6.1%
2023 1.70x €24.71 Billion €14.50 Billion ▲ +19.3%
2022 1.43x €20.64 Billion €14.46 Billion ▼ -21.0%
2021 1.81x €22.90 Billion €12.67 Billion ▲ +9.1%
2020 1.66x €18.86 Billion €11.38 Billion ▲ +6.2%
2019 1.56x €18.38 Billion €11.78 Billion ▼ -6.5%
2018 1.67x €18.35 Billion €10.99 Billion ▼ -31.6%
2017 2.44x €17.87 Billion €7.33 Billion ▲ +147.8%
2016 0.98x €12.34 Billion €12.55 Billion ▼ -48.2%
2015 1.90x €23.58 Billion €12.42 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.