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. Check AMNA operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
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. Explore how much of Ambev S.A.'s assets are long-term investments to see how much of total assets are deployed in long-term investments.
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 how much is Ambev S.A. worth.
| 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 | — |