Ambev S.A. (ABEV)
NYSE: ABEV · Real-Time Price · USD
2.730
-0.070 (-2.50%)
Mar 20, 2026, 12:48 PM EDT - Market open

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
6,5006,5934,3302,8082,408
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
Operating Cash Flow
54,19755,06650,75144,61244,216
Operating Cash Flow Growth
-1.58%8.50%13.76%0.89%13.69%
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
Proceeds from Sale of Investments
-441.5-888.6136.41,413-236
Payments for Business Acquisitions
-----133.8
Proceeds from Business Divestments
-91.610.3-6.3-30.5
Other Investing Activities
-40.3-6.60.4-1515
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
177.5604.7227.4230.22,454
Net Long-Term Debt Issued (Repaid)
228.61,094277.2505.12,769
Issuance of Common Stock
-64.917.514.523.89.1
Repurchase of Common Stock
1,861467.6-54.144.2
Net Common Stock Issued (Repurchased)
1,796485.114.577.953.3
Common Dividends Paid
-20,464-4,056-11,922-12,242-11,115
Other Financing Activities
-4,256-5,730-4,030-4,110-2,753
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
49,60750,31744,74738,07936,539
Free Cash Flow Growth
-1.41%12.45%17.51%4.21%6.84%
FCF Margin
56.22%56.25%56.12%47.77%50.15%
Free Cash Flow Per Share
3.163.182.832.402.30
Levered Free Cash Flow
16,67117,52316,27112,02515,818
Unlevered Free Cash Flow
20,13418,60220,22815,56416,668
Updated Feb 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q