Ambev S.A. (ABEV)
NYSE: ABEV · Real-Time Price · USD
3.060
-0.030 (-0.97%)
At close: Jul 24, 2026, 4:00 PM EDT
3.070
+0.010 (0.31%)
After-hours: Jul 24, 2026, 7:37 PM EDT

Ambev Financials Overview

Millions BRL. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
88,21088,24389,45379,73779,70972,854
Revenue Growth
-3.78%-1.35%12.19%0.03%9.41%24.80%
Gross Profit
45,41045,37845,83840,44539,28737,195
Operating Income
23,59623,31821,80218,83117,68817,080
Net Income
11,23115,50314,43714,50214,45812,671
Earnings Per Share
1.000.990.910.920.910.80
EPS Growth
8.91%8.28%-0.29%0.36%14.17%11.43%

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Brazil
50,03049,03148,60546,36242,63635,587
CAC
10,55210,96411,02410,0459,4409,947
Latin America - South
17,48817,98819,83013,79717,37116,572
Canada
10,13910,2609,9949,53310,26210,749
Revenue (Total)
88,21088,24389,45379,73779,70972,854

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
17,99218,63828,59616,05914,92618,542
Total Debt
3,1063,3873,4533,5013,8453,131
Net Cash (Debt)
14,88615,25125,14312,55811,08115,411
Net Cash Growth
-12.91%-39.34%100.22%13.32%-28.09%10.10%
Net Cash Per Share
1.270.971.590.790.700.97

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
26,38224,45026,09924,71120,64222,901
Capital Expenditures
-4,229-4,591-4,749-6,004-6,533-7,677
Free Cash Flow
22,15319,86021,35018,70714,10915,224
Free Cash Flow Growth
0.59%-6.98%14.12%32.59%-7.32%7.49%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
51.48%51.42%51.24%50.72%49.29%51.05%
Operating Margin
26.75%26.42%24.37%23.62%22.19%23.44%
Pretax Margin
22.10%22.01%21.79%18.86%17.86%18.89%
Profit Margin
18.22%18.12%16.60%18.76%18.68%18.01%
FCF Margin
25.11%22.51%23.87%23.46%17.70%20.90%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.1141.1140.6680.7300.7620.604
Dividend Per Share Growth
-32.89%66.88%-8.57%-4.21%26.29%23.08%
Dividend Yield
3.71%9.62%2.26%5.57%5.41%4.53%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
16.0413.7812.5214.8415.7619.52
P/FCF Ratio
11.0110.718.4211.4416.0416.13
PS Ratio
2.832.412.012.682.843.37