Ambev S.A. (ABEV)

Ambev Balance Sheet

Financials in millions BRL. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	18,638	28,596	16,059	14,926	16,628
Short-Term Investments	1,682	1,242	277.2	454.5	1,915
Cash & Short-Term Investments	20,320	29,838	16,336	15,381	18,542
Cash Growth	-31.90%	82.65%	6.21%	-17.05%	-1.32%
Accounts Receivable	6,352	6,270	5,742	5,349	4,792
Other Receivables	4,393	4,801	3,814	14,170	14,945
Total Trade Receivables	10,744	11,071	9,555	19,519	19,737
Inventory	10,520	11,690	9,619	12,923	11,000
Other Current Assets	2,291	1,558	1,053	-	-
Total Current Assets	87,372	108,312	36,563	37,817	38,627
Net Property, Plant & Equipment	27,644	30,170	26,630	30,056	29,224
Other Intangible Assets	11,043	12,531	10,042	9,222	8,689
Goodwill	41,538	44,343	38,004	40,594	42,411
Long-Term Investments	609.1	579.9	531.3	551	498.1
Other Long-Term Assets	20,377	20,729	20,874	9,712	8,501
Total Assets	145,087	162,508	132,644	137,958	138,603
Accounts Payable	23,743	25,224	23,195	24,838	25,695
Accrued Expenses	2,201	2,780	2,129	2,336	2,439
Short-Term Debt	1,167	1,276	1,298	3,845	3,131
Other Current Liabilities	18,488	20,109	14,383	12,315	11,162
Total Current Liabilities	45,599	49,389	41,005	40,540	38,866
Long-Term Debt	2,220	2,176	2,203	-	-
Other Long-Term Liabilities	8,494	11,362	9,292	7,571	8,944
Total Long-Term Liabilities	10,713	13,539	11,495	7,571	8,944
Total Liabilities	56,312	62,928	52,501	54,630	54,585
Common Stock	58,275	58,226	58,178	58,131	58,043
Accumulated Other Comprehensive Income	-78,365	-68,557	-	-	-
Retained Earnings	108,004	108,973	98,669	92,247	86,379
Total Common Shareholders' Equity	87,914	98,642	156,847	150,377	144,421
Minority Interest	860.7	938.4	-	-	-
Shareholders' Equity	88,775	99,581	156,847	150,377	144,421
Total Liabilities & Equity	290,174	325,017	132,644	137,958	138,603
Total Debt	3,387	3,453	3,501	3,845	3,131
Net Cash (Debt)	16,933	26,385	12,835	11,536	15,411
Net Cash Growth	-35.82%	105.57%	11.26%	-25.15%	10.10%
Net Cash Per Share	1.08	1.67	0.81	0.73	0.97
Book Value	87,914	98,642	156,847	150,377	144,421
Book Value Per Share	5.61	6.24	9.90	9.49	9.11
Tangible Book Value	35,333	41,769	108,802	100,561	93,321
Tangible Book Value Per Share	2.25	2.64	6.87	6.35	5.88

Updated Feb 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q