Ambev S.A. (ABEV)
NYSE: ABEV · Real-Time Price · USD
3.150
+0.070 (2.27%)
Apr 9, 2026, 4:00 PM EDT - Market closed

Ambev Cash Flow Statement

Millions BRL. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
15,98814,84714,96014,89113,123
Depreciation & Amortization
6,8327,1266,4185,9565,397
Stock-Based Compensation
454.2400.9331.6313.9387.6
Other Adjustments
6,4726,5934,3302,8082,408
Change in Receivables
-312.9220.4-1,374-322.5341.4
Changes in Inventories
-30.9-1,7031,301-3,088-3,500
Changes in Accounts Payable
-1,2721,317-223.1726.66,158
Changes in Other Operating Activities
-3,680-2,704-1,032-643.7-1,413
Operating Cash Flow
24,45026,09924,71120,64222,901
Operating Cash Flow Growth
-6.32%5.61%19.71%-9.87%21.45%
Capital Expenditures
-4,591-4,749-6,004-6,533-7,677
Sale of Property, Plant & Equipment
167.3170.6154.1133.9301.7
Purchases of Investments
-----5.3
Payments for Business Acquisitions
-----133.8
Proceeds from Business Divestments
-91.610.3-46.5-30.5
Other Investing Activities
-435.3-895.2130.51,398-221
Investing Cash Flow
-4,950-5,463-5,766-5,004-7,735
Long-Term Debt Issued
51.1489.149.8274.9315.2
Long-Term Debt Repaid
-1,330-1,935-1,408-1,085-3,117
Net Long-Term Debt Issued (Repaid)
-1,279-1,446-1,358-810-2,802
Issuance of Common Stock
---23.89.1
Repurchase of Common Stock
-1,861-467.6-119-54.1-44.2
Net Common Stock Issued (Repurchased)
-1,861-467.6-119-30.3-35.1
Common Dividends Paid
-20,464-4,056-11,922-12,242-11,115
Other Financing Activities
-3,169-4,382-2,717-3,255-2,090
Financing Cash Flow
-26,772-10,352-16,115-16,338-16,042
Effect of Exchange Rate Changes on Cash and Cash Equivalents
-2,6862,253-1,623-1,045382.6
Net Cash Flow
-7,27110,2832,830-699.9-875.7
Free Cash Flow
19,86021,35018,70714,10915,224
Free Cash Flow Growth
-6.98%14.12%32.59%-7.32%7.49%
FCF Margin
22.51%23.87%23.46%17.70%20.90%
Free Cash Flow Per Share
1.271.351.180.890.96
Levered Free Cash Flow
11,48312,27913,60410,0668,834
Unlevered Free Cash Flow
16,45415,89819,19614,92015,255
Updated Feb 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q