Ambev S.A. (AMNA) — Cash Flow Reinvestment Rate
Ambev S.A. (AMNA) has a Cash Flow Reinvestment Rate of 0.14x as of December 2025, reinvesting €1.80 Billion (capex €1.63 Billion plus investments €-172.64 Million) from operating cash flow of €13.25 Billion. Explore AMNA capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore Ambev S.A. asset portfolio for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Ambev S.A. (2015–2025)
Year-by-year capital reinvestment analysis for Ambev S.A.. For live market cap and broader valuation context, see market value of Ambev S.A..
| 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 | — |