Ambev S.A. (ABEV3) — Cash Flow Reinvestment Rate
Ambev S.A. (ABEV3) has a Cash Flow Reinvestment Rate of 0.16x as of March 2026, reinvesting R$499.83 Million (capex R$466.86 Million plus investments R$32.98 Million) from operating cash flow of R$3.16 Billion. See ABEV3 free cash flow to operating cash ratio 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 (2001–2025)
Historical reinvestment intensity for Ambev S.A. across 25 annual periods. For the full cash flow conversion analysis, see Ambev S.A. (ABEV3) cash conversion ratio.
Annual Cash Flow Reinvestment Rate for Ambev S.A. (2001–2025)
Year-by-year capital reinvestment analysis for Ambev S.A.. See Ambev S.A. (ABEV3) flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (BRL) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.21x | R$5.03 Billion | R$24.45 Billion | R$4.59 Billion | ▼ -47.4% |
| 2024 | 0.39x | R$10.21 Billion | R$26.10 Billion | R$4.75 Billion | ▼ -8.9% |
| 2023 | 0.43x | R$10.61 Billion | R$24.71 Billion | R$6.00 Billion | ▼ -23.2% |
| 2022 | 0.56x | R$11.54 Billion | R$20.64 Billion | R$6.53 Billion | ▲ +61.6% |
| 2021 | 0.35x | R$7.92 Billion | R$22.90 Billion | R$7.68 Billion | ▲ +0.7% |
| 2020 | 0.34x | R$6.48 Billion | R$18.86 Billion | R$4.69 Billion | ▲ +22.8% |
| 2019 | 0.28x | R$5.14 Billion | R$18.38 Billion | R$5.07 Billion | ▲ +39.3% |
| 2018 | 0.20x | R$3.60 Billion | R$17.91 Billion | R$3.57 Billion | ▲ +3.1% |
| 2017 | 0.19x | R$3.48 Billion | R$17.87 Billion | R$3.20 Billion | ▼ -76.0% |
| 2016 | 0.81x | R$10.03 Billion | R$12.34 Billion | R$4.13 Billion | ▲ +245.8% |
| 2015 | 0.24x | R$5.54 Billion | R$23.58 Billion | R$5.26 Billion | ▼ -24.4% |
| 2014 | 0.31x | R$4.94 Billion | R$15.90 Billion | R$4.49 Billion | ▲ +54.9% |
| 2013 | 0.20x | R$3.94 Billion | R$19.65 Billion | R$3.80 Billion | ▼ -6.0% |
| 2012 | 0.21x | R$3.01 Billion | R$14.13 Billion | R$3.01 Billion | ▼ -16.0% |
| 2011 | 0.25x | R$3.20 Billion | R$12.61 Billion | R$3.20 Billion | ▲ +11.7% |
| 2010 | 0.23x | R$2.29 Billion | R$10.06 Billion | R$2.29 Billion | ▲ +37.4% |
| 2009 | 0.17x | R$1.44 Billion | R$8.70 Billion | R$1.44 Billion | ▼ -40.6% |
| 2008 | 0.28x | R$1.96 Billion | R$7.03 Billion | R$1.96 Billion | ▲ +35.1% |
| 2007 | 0.21x | R$1.63 Billion | R$7.92 Billion | R$1.63 Billion | ▼ -13.5% |
| 2006 | 0.24x | R$1.42 Billion | R$5.97 Billion | R$1.42 Billion | ▼ -27.8% |
| 2005 | 0.33x | R$1.37 Billion | R$4.15 Billion | R$1.37 Billion | ▼ -11.4% |
| 2004 | 0.37x | R$1.27 Billion | R$3.42 Billion | R$1.27 Billion | ▲ +9.2% |
| 2003 | 0.34x | R$862.20 Million | R$2.53 Billion | R$862.20 Million | ▲ +79.2% |
| 2002 | 0.19x | R$522.30 Million | R$2.74 Billion | R$522.30 Million | ▼ -36.9% |
| 2001 | 0.30x | R$446.82 Million | R$1.48 Billion | R$446.82 Million | — |