Minerva S.A (BEEF3) — Free Cash Flow Generation Index
Latest as of December 2025:
0.63x
Minerva S.A (BEEF3) has a Free Cash Flow Generation Index of 0.63x as of December 2025. Free cash flow of R$599.33 Million represents 1% of operating cash flow (R$954.29 Million). Read BEEF3 total debt and obligations for a breakdown of total debt and financial obligations.
FCF Generation Index
0.63x
Free Cash Flow / Operating CF
Free Cash Flow
R$599.33 Million
BRL
Operating Cash Flow
R$954.29 Million
BRL
Capital Expenditures
R$354.96 Million
BRL
Minerva S.A Free Cash Flow Generation Index (2004–2025)
Historical FCF Generation Index trend for Minerva S.A across 19 annual periods. Explore BEEF3 capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Minerva S.A (2004–2025)
Year-by-year Free Cash Flow Generation Index for Minerva S.A. For the full company profile including market capitalisation, see market value of Minerva S.A.
| Year | FCG Index | Free Cash Flow (BRL) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.76x | R$3.58 Billion | R$4.70 Billion | R$1.12 Billion | ▼ -14.1% |
| 2024 | 0.89x | R$5.81 Billion | R$6.56 Billion | R$742.77 Million | ▲ +20.6% |
| 2023 | 0.73x | R$1.98 Billion | R$2.70 Billion | R$714.90 Million | ▼ -0.8% |
| 2022 | 0.74x | R$2.32 Billion | R$3.13 Billion | R$813.26 Million | ▼ -8.1% |
| 2021 | 0.81x | R$2.09 Billion | R$2.59 Billion | R$504.19 Million | ▼ -9.5% |
| 2020 | 0.89x | R$2.87 Billion | R$3.22 Billion | R$354.72 Million | ▲ +3.6% |
| 2019 | 0.86x | R$1.51 Billion | R$1.76 Billion | R$247.06 Million | ▲ +0.2% |
| 2018 | 0.86x | R$1.14 Billion | R$1.33 Billion | R$189.09 Million | ▲ +70.1% |
| 2017 | 0.50x | R$277.24 Million | R$549.76 Million | R$252.28 Million | ▼ -27.1% |
| 2016 | 0.69x | R$402.51 Million | R$582.11 Million | R$179.60 Million | ▲ +3.1% |
| 2015 | 0.67x | R$643.53 Million | R$959.27 Million | R$315.74 Million | ▲ +1725.1% |
| 2014 | 0.04x | R$11.71 Million | R$318.52 Million | R$306.81 Million | ▼ -94.1% |
| 2013 | 0.63x | R$296.75 Million | R$474.79 Million | R$178.04 Million | ▲ +9.6% |
| 2012 | 0.57x | R$237.94 Million | R$417.30 Million | R$212.99 Million | ▲ +108.1% |
| 2010 | -7.04x | R$-180.55 Million | R$25.63 Million | R$206.18 Million | ▼ -1378.8% |
| 2009 | 0.55x | R$144.02 Million | R$261.42 Million | R$138.90 Million | ▲ +345.2% |
| 2007 | -0.22x | R$-67.96 Million | R$302.52 Million | R$102.70 Million | ▼ -129.6% |
| 2006 | 0.76x | R$40.66 Million | R$53.61 Million | R$12.95 Million | ▼ -24.2% |
| 2004 | 1.00x | R$18.64 Million | R$18.64 Million | R$0.00 | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).