Ambev S.A. (ABEV3) — Free Cash Flow Generation Index
Ambev S.A. (ABEV3) has a Free Cash Flow Generation Index of 0.85x as of March 2026. Free cash flow of R$2.69 Billion represents 1% of operating cash flow (R$3.16 Billion). Explore Ambev S.A. capital 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 (2001–2025)
Historical FCF Generation Index trend for Ambev S.A. across 25 annual periods. For the full cash flow conversion analysis, see Ambev S.A. cash conversion from operations.
Annual Free Cash Flow Generation for Ambev S.A. (2001–2025)
Year-by-year Free Cash Flow Generation Index for Ambev S.A.. Check ABEV3 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (BRL) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.81x | R$19.86 Billion | R$24.45 Billion | R$4.59 Billion | ▼ -0.7% |
| 2024 | 0.82x | R$21.35 Billion | R$26.10 Billion | R$4.75 Billion | ▲ +8.1% |
| 2023 | 0.76x | R$18.71 Billion | R$24.71 Billion | R$6.00 Billion | ▲ +10.8% |
| 2022 | 0.68x | R$14.11 Billion | R$20.64 Billion | R$6.53 Billion | ▲ +2.8% |
| 2021 | 0.66x | R$15.22 Billion | R$22.90 Billion | R$7.68 Billion | ▼ -11.5% |
| 2020 | 0.75x | R$14.16 Billion | R$18.86 Billion | R$4.69 Billion | ▲ +3.7% |
| 2019 | 0.72x | R$13.31 Billion | R$18.38 Billion | R$5.07 Billion | ▼ -9.5% |
| 2018 | 0.80x | R$14.34 Billion | R$17.91 Billion | R$3.57 Billion | ▼ -2.5% |
| 2017 | 0.82x | R$14.67 Billion | R$17.87 Billion | R$3.20 Billion | ▲ +23.4% |
| 2016 | 0.67x | R$8.21 Billion | R$12.34 Billion | R$4.13 Billion | ▼ -14.4% |
| 2015 | 0.78x | R$18.32 Billion | R$23.58 Billion | R$5.26 Billion | ▲ +8.3% |
| 2014 | 0.72x | R$11.40 Billion | R$15.90 Billion | R$4.49 Billion | ▼ -11.1% |
| 2013 | 0.81x | R$15.85 Billion | R$19.65 Billion | R$3.80 Billion | ▲ +2.5% |
| 2012 | 0.79x | R$11.11 Billion | R$14.13 Billion | R$3.01 Billion | ▲ +5.4% |
| 2011 | 0.75x | R$9.41 Billion | R$12.61 Billion | R$3.20 Billion | ▼ -3.4% |
| 2010 | 0.77x | R$7.78 Billion | R$10.06 Billion | R$2.29 Billion | ▼ -7.4% |
| 2009 | 0.83x | R$7.26 Billion | R$8.70 Billion | R$1.44 Billion | ▲ +15.6% |
| 2008 | 0.72x | R$5.08 Billion | R$7.03 Billion | R$1.96 Billion | ▼ -9.1% |
| 2007 | 0.79x | R$6.29 Billion | R$7.92 Billion | R$1.63 Billion | ▲ +4.2% |
| 2006 | 0.76x | R$4.55 Billion | R$5.97 Billion | R$1.42 Billion | ▲ +13.7% |
| 2005 | 0.67x | R$2.78 Billion | R$4.15 Billion | R$1.37 Billion | ▲ +6.8% |
| 2004 | 0.63x | R$2.14 Billion | R$3.42 Billion | R$1.27 Billion | ▼ -4.8% |
| 2003 | 0.66x | R$1.67 Billion | R$2.53 Billion | R$862.20 Million | ▼ -18.6% |
| 2002 | 0.81x | R$2.22 Billion | R$2.74 Billion | R$522.30 Million | ▲ +15.9% |
| 2001 | 0.70x | R$1.03 Billion | R$1.48 Billion | R$446.82 Million | — |