Ambev S.A. (ABEV)

Ambev Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	17,992	18,638	28,596	16,059	14,926	16,628
Short-Term Investments	-	-	-	-	-	1,915
Cash & Short-Term Investments	17,992	18,638	28,596	16,059	14,926	18,542
Cash Growth	-11.42%	-34.82%	78.07%	7.59%	-19.50%	-1.32%
Accounts Receivable	5,931	6,352	6,270	5,742	5,349	4,792
Other Receivables	-	-	-	-	-	3,210
Total Trade Receivables	5,931	6,352	6,270	5,742	5,349	8,002
Inventory	10,399	10,520	11,690	9,619	12,923	11,000
Other Current Assets	-	-	-	-	-	1,083
Total Current Assets	42,833	43,496	54,156	36,563	37,817	38,627
Net Property, Plant & Equipment	26,388	27,644	30,170	26,630	30,056	29,224
Other Intangible Assets	11,014	11,043	12,531	10,042	9,222	8,689
Goodwill	40,856	41,538	44,343	38,004	40,594	42,411
Long-Term Investments	1,056	485.8	395.4	289.1	331.9	305.2
Other Long-Term Assets	29,126	28,866	28,514	26,260	24,556	19,346
Total Assets	142,761	145,087	162,508	132,644	137,958	138,603
Accounts Payable	22,207	313	327.7	307.3	509.4	25,078
Accrued Expenses	1,819	2,201	2,780	2,129	2,336	8,516
Short-Term Debt	-	-	-	-	74.3	30.5
Current Portion of Long-Term Debt	3,106	3,387	3,453	3,501	-	847.1
Other Current Liabilities	9,109	4,932	9,630	6,720	6,874	4,394
Total Current Liabilities	41,664	45,599	49,389	41,005	40,540	38,866
Long-Term Debt	-	-	-	-	3,771	2,254
Other Long-Term Liabilities	15,697	45,480	46,737	39,844	41,066	13,465
Total Long-Term Liabilities	10,273	10,713	13,539	11,495	14,090	15,719
Total Liabilities	51,937	56,312	62,928	52,501	54,630	54,585
Common Stock	58,308	58,275	58,226	58,178	58,131	58,043
Additional Paid-in Capital	107,648	108,004	108,973	98,669	92,247	86,379
Accumulated Other Comprehensive Income	-80,142	-78,365	-68,557	-77,878	-68,422	-61,778
Retained Earnings	4,312	-	-	-	-	-
Total Common Shareholders' Equity	90,126	87,914	98,642	78,969	81,956	82,643
Minority Interest	697.87	860.7	938.4	1,175	1,372	1,375
Shareholders' Equity	90,824	88,775	99,581	80,144	83,328	84,018
Total Liabilities & Equity	142,761	145,087	162,508	132,644	137,958	138,603
Total Debt	3,106	3,387	3,453	3,501	3,845	3,131
Net Cash (Debt)	14,886	15,251	25,143	12,558	11,081	15,411
Net Cash Growth	-2.40%	-39.34%	100.22%	13.32%	-28.09%	10.10%
Net Cash Per Share	0.95	0.97	1.59	0.79	0.70	0.97
Book Value	90,126	87,914	98,642	78,969	81,956	82,643
Book Value Per Share	5.75	5.61	6.24	4.99	5.17	5.21
Tangible Book Value	38,256	35,333	41,769	30,924	32,139	31,543
Tangible Book Value Per Share	2.44	2.25	2.64	1.95	2.03	1.99

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q