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	Feb '26 Feb 26, 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 Capitalization	49,825	39,236	29,855	44,538	43,235	43,562
Market Cap Growth	70.96%	31.42%	-32.97%	3.01%	-0.75%	-8.12%
Enterprise Value	46,701	36,287	27,136	41,938	40,537	40,804
Last Close Price	3.19	2.47	1.71	2.45	2.28	2.24
PE Ratio	17.70	13.94	12.79	14.90	15.81	19.16
PS Ratio	3.11	2.45	2.06	2.71	2.87	3.33
PB Ratio	3.09	2.43	1.85	2.70	2.74	2.89
P/TBV Ratio	7.77	6.12	4.42	6.99	7.11	7.70
P/FCF Ratio	12.89	10.88	8.65	11.55	16.20	15.94
P/OCF Ratio	11.22	8.84	7.08	8.74	11.07	10.60
EV/Sales Ratio	2.92	2.27	1.88	2.55	2.69	3.12
EV/EBITDA Ratio	9.45	7.34	6.28	8.68	9.59	10.64
EV/EBIT Ratio	11.44	8.89	7.75	10.80	12.15	13.15
EV/FCF Ratio	12.08	10.06	7.86	10.88	15.19	14.93
Debt / Equity Ratio	0.04	0.04	0.04	0.04	0.05	0.04
Debt / EBITDA Ratio	0.12	0.12	0.12	0.14	0.17	0.14
Debt / FCF Ratio	0.17	0.17	0.16	0.19	0.27	0.21
Net Debt / Equity Ratio	-0.19	-0.19	-0.26	-0.16	-0.14	-0.18
Net Debt / EBITDA Ratio	-0.62	-0.62	-0.99	-0.55	-0.52	-0.72
Net Debt / FCF Ratio	-0.85	-0.85	-1.24	-0.69	-0.82	-1.01
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	0.66	0.66	0.80	0.62	0.58	0.67
Current Ratio	0.96	0.96	1.10	0.89	0.93	0.99
Return on Equity (ROE)	16.98%	16.98%	16.52%	18.30%	17.80%	16.49%
Return on Assets (ROA)	9.14%	9.14%	9.18%	8.70%	7.97%	8.19%
Return on Invested Capital (ROIC)	25.07%	25.52%	23.50%	26.95%	25.12%	25.42%
Return on Capital Employed (ROCE)	22.60%	22.60%	19.20%	20.60%	18.10%	17.30%
Earnings Yield	5.65%	7.17%	7.82%	6.71%	6.33%	5.22%
FCF Yield	7.76%	9.19%	11.56%	8.66%	6.17%	6.27%
Dividend Yield	6.01%	10.72%	6.32%	6.13%	6.33%	4.83%
Payout Ratio	106.91%	131.99%	28.10%	82.21%	84.67%	87.72%
Buyback Yield / Dilution	0.83%	0.83%	0.15%	0.06%	0.06%	0.06%
Total Shareholder Return	6.84%	11.55%	6.47%	6.20%	6.39%	4.89%

Updated Feb 12, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q