Ambev (ABEV) Capital Expenditures (2012 - 2025)

Ambev (ABEV) reported Capital Expenditures of -$302.4 million for Q4 2025, down 15.68% on a YoY basis from -$358.6 million in Q4 2024, and down 57.82% quarter-over-quarter from -$191.6 million in Q3 2025.

Ambev (ABEV) Capital Expenditures (2012 - 2025) Analysis & Trends

Ambev has reported Capital Expenditures for 14 years, with the latest figure at -$302.4 million in Q4 2025.

  • For the quarter ending Q4 2025, Capital Expenditures fell 15.68% year-over-year to -$302.4 million; the trailing twelve-month figure through Dec 2025 stood at -$827.5 million (up 5.8% YoY), and the FY2025 full-year result was $851.5 million, up 4.2% from the prior year.
  • Capital Expenditures for Q4 2025 stood at -$302.4 million, down from -$191.6 million in the prior quarter.
  • The five-year high for Capital Expenditures was -$141.3 million in Q1 2025, with the low at -$539.7 million in Q4 2021.
  • Historically, Capital Expenditures has averaged -$279.9 million across 5 years, with a median of -$261.5 million in 2023.
  • Annual changes were most pronounced in 2021 — Capital Expenditures plunged 108.96% — and 2024, when it jumped 43.06%.
  • Ambev's Capital Expenditures stood at -$539.7 million in 2021, then gained by 28.31% to -$386.9 million in 2022, then decreased by 18.65% to -$459.1 million in 2023, then jumped by 43.06% to -$261.4 million in 2024, then fell by 15.68% to -$302.4 million in 2025.
  • The last three Capital Expenditures figures came in at -$302.4 million (Q4 2025), -$191.6 million (Q3 2025), and -$192.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 United Breweries 4,105.18 Bn 3,586.00 Bn 387.52 Bn -38.66 Bn
2 Anheuser-Busch InBev 143.88 Bn 131.66 Bn 8.61 Bn -
3 Ambev 35.18 Bn 31.41 Bn 2.42 Bn -302.38 Mn
4 Constellation Brands 26.02 Bn 25.92 Bn 951.70 Mn 218.90 Mn
5 Mexican Economic Development 19.03 Bn 13.06 Bn - -
6 Molson Coors Beverage 7.85 Bn 7.59 Bn 897.20 Mn 231.70 Mn
7 Boston Beer 1.90 Bn 1.74 Bn 213.96 Mn 12.32 Mn
8 NFiniTi - - - -
9 Molson Coors Beverage - - 897.20 Mn 231.70 Mn
10 Anheuser-Busch InBev - - 8.61 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 -302.38 Mn
Dec 31, 2025 -302.38 Mn
Sep 30, 2025 -191.60 Mn
Sep 30, 2025 -191.60 Mn
Jun 30, 2025 -192.22 Mn
Jun 30, 2025 -192.22 Mn
Mar 31, 2025 -141.33 Mn
Mar 31, 2025 -141.33 Mn
Dec 31, 2024 -261.39 Mn
Dec 31, 2024 -261.39 Mn
Sep 30, 2024 -213.88 Mn
Sep 30, 2024 -213.88 Mn
Jun 30, 2024 -197.73 Mn
Jun 30, 2024 -197.73 Mn
Mar 31, 2024 -205.44 Mn
Mar 31, 2024 -205.44 Mn
Dec 31, 2023 -459.08 Mn
Dec 31, 2023 -459.08 Mn
Sep 30, 2023 -262.85 Mn
Sep 30, 2023 -262.85 Mn