Heineken Holding NV (HEIO) — Cash Flow Reinvestment Rate
Heineken Holding NV (HEIO) has a Cash Flow Reinvestment Rate of 0.25x as of December 2025, reinvesting €839.00 Million (capex €839.00 Million ) from operating cash flow of €3.32 Billion. Check HEIO cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Heineken Holding NV Cash Flow Reinvestment Rate (2000–2025)
Historical reinvestment intensity for Heineken Holding NV across 26 annual periods. Explore HEIO strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Heineken Holding NV (2000–2025)
Year-by-year capital reinvestment analysis for Heineken Holding NV. For live market cap and broader valuation context, see market value of Heineken Holding NV.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.48x | €2.40 Billion | €5.01 Billion | €2.40 Billion | ▼ -46.2% |
| 2024 | 0.89x | €4.90 Billion | €5.50 Billion | €2.46 Billion | ▼ -36.9% |
| 2023 | 1.41x | €6.25 Billion | €4.43 Billion | €2.68 Billion | ▲ +47.7% |
| 2022 | 0.96x | €4.30 Billion | €4.50 Billion | €2.01 Billion | ▲ +76.5% |
| 2021 | 0.54x | €2.26 Billion | €4.18 Billion | €1.60 Billion | ▼ -9.7% |
| 2020 | 0.60x | €1.88 Billion | €3.14 Billion | €1.64 Billion | ▼ -47.2% |
| 2019 | 1.14x | €4.93 Billion | €4.34 Billion | €2.10 Billion | ▲ +125.2% |
| 2018 | 0.50x | €2.21 Billion | €4.39 Billion | €2.06 Billion | ▲ +2.5% |
| 2017 | 0.49x | €1.91 Billion | €3.88 Billion | €1.83 Billion | ▼ -52.8% |
| 2016 | 1.04x | €3.87 Billion | €3.72 Billion | €1.87 Billion | ▲ +63.8% |
| 2015 | 0.64x | €2.22 Billion | €3.49 Billion | €1.73 Billion | ▲ +25.2% |
| 2014 | 0.51x | €1.55 Billion | €3.06 Billion | €1.55 Billion | ▼ -5.0% |
| 2013 | 0.53x | €1.56 Billion | €2.91 Billion | €1.45 Billion | ▲ +15.5% |
| 2012 | 0.46x | €1.25 Billion | €2.69 Billion | €1.25 Billion | ▲ +57.5% |
| 2011 | 0.29x | €856.00 Million | €2.91 Billion | €856.00 Million | ▲ +11.0% |
| 2010 | 0.26x | €704.00 Million | €2.66 Billion | €704.00 Million | ▼ -18.9% |
| 2009 | 0.33x | €777.00 Million | €2.38 Billion | €777.00 Million | ▼ -57.0% |
| 2008 | 0.76x | €1.26 Billion | €1.66 Billion | €1.26 Billion | ▲ +14.7% |
| 2007 | 0.66x | €1.15 Billion | €1.73 Billion | €1.15 Billion | ▲ +39.5% |
| 2006 | 0.47x | €877.00 Million | €1.85 Billion | €877.00 Million | ▲ +1.6% |
| 2005 | 0.47x | €874.00 Million | €1.87 Billion | €874.00 Million | ▲ +10.9% |
| 2004 | 0.42x | €678.00 Million | €1.61 Billion | €678.00 Million | ▲ +12.8% |
| 2003 | 0.37x | €611.00 Million | €1.64 Billion | €611.00 Million | ▼ -36.5% |
| 2002 | 0.59x | €696.00 Million | €1.18 Billion | €696.00 Million | ▲ +18.3% |
| 2001 | 0.50x | €579.00 Million | €1.17 Billion | €579.00 Million | ▲ +23.1% |
| 2000 | 0.40x | €418.00 Million | €1.03 Billion | €418.00 Million | — |