Ambev S.A. (ABEV)

Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, soft drinks, malt and food, and other beverages in Brazil, Central America and Caribbean, Latin America South, and Canada. The company offers beer, ready-to-drink cocktails and spritzers, soft drinks, water, teas, and isotonic drinks under the Brahma, Skol, Antarctica, Original, Quilmes, Andes Origen, Patricia, Paceha, Huari, Pilsen, Presidente, Balboa, Guaraná Antarctica, and Beats brands. It sells its products to distributors, supermarkets, and retailers within a broad distribution network. The company was founded in 1853 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.

Symbol
ABEV
Exchange
NYSE
Sector
Consumer Defensive
Industry
Beverages - Brewers
52 week range
2.1 - 3.45

Valuation

Share price
$2.93 (close of 2026-09-23)
P/E (TTM)
15.24x
Price to book
2.69x
Price to free cash flow
12.00x

Price performance

PeriodChange
1 day-1.68%
5 days-2.98%
1 month+1.74%
3 months-7.28%
6 months+4.64%
Year to date+18.62%
1 year+26.29%
3 years+11.41%
5 years-0.68%
10 years-51.73%
All time+551.11%

Profitability and growth

Return on equity
17.46%
Return on invested capital
31.71%
Return on assets
10.69%
Return on capital employed
23.44%
Gross margin
51.42%
Net margin
17.57%
EBITDA margin
33.10%
Revenue growth
-1.35%
Net income growth
7.39%
Free cash flow growth
-6.98%

Cash flow and balance sheet

Free cash flow yield (TTM)
8.33%
Current ratio
0.96x
Net debt to EBITDA
-0.53x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Shares outstanding
15.62B

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3151.42%17.57%17.46%31.71%
2024-12-3151.24%16.14%14.50%29.29%
2023-12-3150.72%18.19%18.09%27.86%
2022-12-3149.29%18.14%17.35%23.58%
2021-12-3151.05%17.39%15.08%24.23%
2020-12-3153.64%19.49%15.14%22.61%
2019-12-3158.32%22.65%18.83%28.87%
2018-12-3161.68%21.89%19.14%31.93%
2017-12-3162.36%15.18%15.28%29.93%
2016-12-3163.43%27.51%26.89%41.42%

Investor relations

Next earnings report

Next confirmed report
2026-10-29

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-30Jun/2026-
2026-05-05--
2025-10-30--
2025-07-31--
2025-07-30--
2025-05-08--
2025-05-06--
2025-02-26--

Filings and sources

Company website
ambev.com.br
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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All Consumer Defensive companies

Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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