Heineken Holding NV (HEIO) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.25x

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. Explore HEIO capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.25x
(Capex + Investments) / Operating CF

Total Reinvested

€839.00 Million
Capex + Investments

Operating Cash Flow

€3.32 Billion
EUR

Capital Expenditures

€839.00 Million
EUR

Heineken Holding NV Cash Flow Reinvestment Rate (2000–2025)

Historical reinvestment intensity for Heineken Holding NV across 26 annual periods. Also explore how large is Heineken Holding NV's balance sheet for the complete picture of this company's asset base.

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 Heineken Holding NV (HEIO) total market value.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow