Ambev S.A. (AMNA) — Cash Flow Reinvestment Rate
Ambev S.A. (AMNA) has a Cash Flow Reinvestment Rate of 0.20x as of June 2026, reinvesting €960.00 Million (capex €879.90 Million plus investments €-80.10 Million) from operating cash flow of €4.71 Billion. See Ambev S.A. (AMNA) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Ambev S.A. Cash Flow Reinvestment Rate (2015–2025)
Historical reinvestment intensity for Ambev S.A. across 11 annual periods. For the full cash flow conversion analysis, see Ambev S.A. operating cash flow efficiency.
Annual Cash Flow Reinvestment Rate for Ambev S.A. (2015–2025)
Year-by-year capital reinvestment analysis for Ambev S.A.. See Ambev S.A. leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.21x | €5.03 Billion | €24.45 Billion | €4.59 Billion | ▼ -4.7% |
| 2024 | 0.22x | €5.64 Billion | €26.10 Billion | €4.75 Billion | ▼ -54.6% |
| 2023 | 0.48x | €11.77 Billion | €24.71 Billion | €6.00 Billion | ▲ +24.2% |
| 2022 | 0.38x | €7.92 Billion | €20.64 Billion | €6.53 Billion | ▲ +10.9% |
| 2021 | 0.35x | €7.92 Billion | €22.90 Billion | €7.68 Billion | ▲ +0.7% |
| 2020 | 0.34x | €6.48 Billion | €18.86 Billion | €4.69 Billion | ▲ +22.8% |
| 2019 | 0.28x | €5.14 Billion | €18.38 Billion | €5.07 Billion | ▲ +42.7% |
| 2018 | 0.20x | €3.60 Billion | €18.35 Billion | €3.57 Billion | ▲ +0.7% |
| 2017 | 0.19x | €3.48 Billion | €17.87 Billion | €3.20 Billion | ▼ -76.0% |
| 2016 | 0.81x | €10.03 Billion | €12.34 Billion | €4.13 Billion | ▲ +245.8% |
| 2015 | 0.24x | €5.54 Billion | €23.58 Billion | €5.26 Billion | — |