Ambev Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 20, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	42,789	38,931	29,152	44,098	42,818	44,068
Market Cap Growth	24.02%	33.55%	-33.89%	2.99%	-2.84%	-8.48%
Enterprise Value	40,652	22,859	3,705	31,263	31,282	28,657
Last Close Price	2.74	2.47	1.85	2.80	2.72	2.80
PE Ratio	15.53	13.78	12.52	14.84	15.76	19.52
PS Ratio	2.73	0.44	0.33	0.55	0.54	0.60
PB Ratio	2.71	0.44	0.30	0.28	0.28	0.31
P/TBV Ratio	0.49	0.44	0.30	0.28	0.29	0.31
P/FCF Ratio	11.50	0.78	0.58	0.99	1.12	1.21
P/OCF Ratio	9.85	0.72	0.53	0.87	0.96	1.00
EV/Sales Ratio	2.54	0.26	0.04	0.39	0.39	0.39
EV/EBITDA Ratio	8.23	0.76	0.13	1.24	1.32	1.27
EV/EBIT Ratio	9.96	0.98	0.17	1.66	1.77	1.68
EV/FCF Ratio	10.70	0.46	0.07	0.70	0.82	0.78
Debt / Equity Ratio	0.04	0.04	0.03	0.02	0.03	0.02
Debt / EBITDA Ratio	0.11	0.11	0.12	0.14	0.16	0.14
Debt / FCF Ratio	0.07	0.07	0.07	0.08	0.10	0.09
Net Debt / Equity Ratio	-0.19	-0.19	-0.27	-0.08	-0.08	-0.11
Net Debt / EBITDA Ratio	-0.56	-0.56	-0.91	-0.51	-0.49	-0.69
Net Debt / FCF Ratio	-0.34	-0.34	-0.52	-0.29	-0.30	-0.42
Asset Turnover	0.57	0.57	0.61	0.59	0.58	0.55
Inventory Turnover	3.86	3.86	4.09	3.49	3.38	3.83
Quick Ratio	0.68	0.68	0.83	0.63	0.86	0.98
Current Ratio	1.92	1.92	2.19	0.89	0.93	0.99
Return on Equity (ROE)	16.98%	16.98%	11.58%	9.74%	10.10%	9.27%
Return on Assets (ROA)	12.48%	12.48%	11.26%	13.85%	13.38%	12.35%
Return on Invested Capital (ROIC)	18.87%	18.87%	16.98%	20.10%	19.75%	18.36%
Return on Capital Employed (ROCE)	21.93%	21.94%	21.30%	19.92%	17.94%	17.84%
Earnings Yield	6.44%	7.26%	7.99%	6.74%	6.34%	5.12%
FCF Yield	8.69%	127.42%	172.61%	101.47%	88.93%	82.91%
Dividend Yield	7.03%	9.62%	2.26%	5.57%	5.41%	4.53%
Payout Ratio	106.91%	131.99%	28.10%	82.21%	84.68%	87.72%
Buyback Yield / Dilution	-0.84%	-4.61%	-1.66%	-0.03%	-0.18%	-0.12%
Total Shareholder Return	6.19%	5.01%	0.59%	5.54%	5.23%	4.41%

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

SEC Filings: 10-K · 10-Q