Ambev S.A. (BVMF:ABEV3)
Brazil · Delayed Price · Currency is BRL 16.10
-0.30 (-1.83%)
May 22, 2026, 5:07 PM GMT-3
Ambev Income Statement
Financials in millions BRL. Fiscal year is January - December.
Millions BRL. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 88,210 | 88,242 | 89,453 | 79,737 | 79,709 | 72,854 | |
Revenue Growth (YoY) | -3.78% | -1.35% | 12.19% | 0.03% | 9.41% | 24.80% |
Cost of Revenue | 42,800 | 42,864 | 43,615 | 39,292 | 40,422 | 35,660 |
Gross Profit | 45,410 | 45,378 | 45,838 | 40,445 | 39,287 | 37,195 |
Selling, General & Admin | 25,049 | 25,248 | 26,505 | 23,551 | 24,077 | 21,961 |
Other Operating Expenses | -2,343 | -2,351 | -2,336 | -1,943 | -2,425 | -2,058 |
Operating Expenses | 22,707 | 22,897 | 24,169 | 21,608 | 21,652 | 19,903 |
Operating Income | 22,703 | 22,481 | 21,669 | 18,837 | 17,635 | 17,291 |
Interest Expense | -2,100 | -2,071 | -2,066 | -2,432 | -2,328 | -1,432 |
Interest & Investment Income | 1,434 | 1,403 | 1,624 | 1,121 | 2,205 | 1,144 |
Earnings From Equity Investments | 102.71 | 105.79 | 3.92 | -185.41 | -29.11 | -115.7 |
Currency Exchange Gain (Loss) | -1,751 | -1,933 | 38.86 | -1,154 | -751.07 | -453.88 |
Other Non Operating Income (Expenses) | -1,038 | -645.59 | -1,131 | -937.68 | -3,588 | -2,981 |
EBT Excluding Unusual Items | 19,352 | 19,341 | 20,138 | 15,249 | 13,143 | 13,453 |
Merger & Restructuring Charges | -156.75 | -215 | -99.28 | -109.37 | -101.74 | -165.4 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | -76.69 |
Gain (Loss) on Sale of Assets | 81.04 | 85.18 | 121.29 | 86.36 | 88.76 | 142.81 |
Legal Settlements | -539.83 | -541.83 | -219.78 | -363.86 | -456.63 | -290 |
Other Unusual Items | 760.67 | 752.04 | -453.18 | 173.82 | 1,562 | 694.98 |
Pretax Income | 19,497 | 19,422 | 19,487 | 15,036 | 14,236 | 13,759 |
Income Tax Expense | 3,427 | 3,433 | 4,640 | 75.48 | -655.62 | 636.58 |
Earnings From Continuing Operations | 16,069 | 15,988 | 14,847 | 14,960 | 14,891 | 13,123 |
Minority Interest in Earnings | -491.63 | -485.03 | -409.71 | -458.52 | -433.35 | -451.61 |
Net Income | 15,578 | 15,503 | 14,437 | 14,502 | 14,458 | 12,671 |
Net Income to Common | 15,578 | 15,503 | 14,437 | 14,502 | 14,458 | 12,671 |
Net Income Growth | 7.95% | 7.38% | -0.45% | 0.30% | 14.10% | 11.35% |
Shares Outstanding (Basic) | 15,604 | 15,618 | 15,735 | 15,745 | 15,742 | 15,737 |
Shares Outstanding (Diluted) | 15,668 | 15,684 | 15,815 | 15,839 | 15,849 | 15,857 |
Shares Change (YoY) | -0.77% | -0.83% | -0.15% | -0.06% | -0.06% | -0.06% |
EPS (Basic) | 1.00 | 0.99 | 0.92 | 0.92 | 0.92 | 0.81 |
EPS (Diluted) | 0.99 | 0.99 | 0.91 | 0.92 | 0.91 | 0.80 |
EPS Growth | 8.78% | 8.28% | -0.30% | 0.36% | 14.17% | 11.42% |
Free Cash Flow | 22,178 | 19,860 | 21,350 | 18,707 | 14,109 | 15,224 |
Free Cash Flow Per Share | 1.42 | 1.27 | 1.35 | 1.18 | 0.89 | 0.96 |
Dividend Per Share | 0.859 | 1.114 | 0.668 | 0.730 | 0.762 | 0.604 |
Dividend Growth | -7.01% | 66.88% | -8.57% | -4.21% | 26.29% | 23.08% |
Gross Margin | 51.48% | 51.42% | 51.24% | 50.72% | 49.29% | 51.05% |
Operating Margin | 25.74% | 25.48% | 24.22% | 23.62% | 22.12% | 23.73% |
Profit Margin | 17.66% | 17.57% | 16.14% | 18.19% | 18.14% | 17.39% |
Free Cash Flow Margin | 25.14% | 22.51% | 23.87% | 23.46% | 17.70% | 20.90% |
EBITDA | 27,011 | 27,219 | 26,716 | 23,456 | 22,344 | 21,364 |
EBITDA Margin | 30.62% | 30.84% | 29.87% | 29.42% | 28.03% | 29.32% |
D&A For EBITDA | 4,308 | 4,737 | 5,047 | 4,619 | 4,710 | 4,073 |
EBIT | 22,703 | 22,481 | 21,669 | 18,837 | 17,635 | 17,291 |
EBIT Margin | 25.74% | 25.48% | 24.22% | 23.62% | 22.12% | 23.73% |
Effective Tax Rate | 17.58% | 17.68% | 23.81% | 0.50% | - | 4.63% |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.