Ambev S.A. (AMNA) — Free Cash Flow Generation Index
Ambev S.A. (AMNA) has a Free Cash Flow Generation Index of 0.81x as of June 2026. Free cash flow of €3.83 Billion represents 1% of operating cash flow (€4.71 Billion). Explore Ambev S.A. (AMNA) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Ambev S.A. Free Cash Flow Generation Index (2015–2025)
Historical FCF Generation Index trend for Ambev S.A. across 11 annual periods. For the full cash flow conversion analysis, see Ambev S.A. (AMNA) cash conversion ratio.
Annual Free Cash Flow Generation for Ambev S.A. (2015–2025)
Year-by-year Free Cash Flow Generation Index for Ambev S.A.. Check AMNA capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (EUR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.81x | €19.86 Billion | €24.45 Billion | €4.59 Billion | ▼ -0.7% |
| 2024 | 0.82x | €21.35 Billion | €26.10 Billion | €4.75 Billion | ▲ +8.1% |
| 2023 | 0.76x | €18.71 Billion | €24.71 Billion | €6.00 Billion | ▲ +10.8% |
| 2022 | 0.68x | €14.11 Billion | €20.64 Billion | €6.53 Billion | ▲ +2.8% |
| 2021 | 0.66x | €15.22 Billion | €22.90 Billion | €7.68 Billion | ▼ -11.5% |
| 2020 | 0.75x | €14.16 Billion | €18.86 Billion | €4.69 Billion | ▲ +3.7% |
| 2019 | 0.72x | €13.31 Billion | €18.38 Billion | €5.07 Billion | ▼ -7.3% |
| 2018 | 0.78x | €14.34 Billion | €18.35 Billion | €3.57 Billion | ▼ -4.8% |
| 2017 | 0.82x | €14.67 Billion | €17.87 Billion | €3.20 Billion | ▼ -38.5% |
| 2016 | 1.33x | €16.48 Billion | €12.34 Billion | €4.13 Billion | ▲ +9.1% |
| 2015 | 1.22x | €28.84 Billion | €23.58 Billion | €5.26 Billion | — |