Ambev (ABEV) Capital Expenditures (2012 - 2025)

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

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

Ambev's Capital Expenditures history runs 14 years deep, the most recent figure standing at -$302.4 million for Q4 2025.

  • Quarterly Capital Expenditures fell 15.68% year-over-year to -$302.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$827.5 million (up 5.8% YoY) and the FY2025 annual result came in at $851.5 million, down 3.92% from the prior year.
  • Capital Expenditures was -$302.4 million for Q4 2025 at Ambev, down from -$191.6 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at -$141.3 million in Q1 2025 and bottomed at -$539.7 million in Q4 2021.
  • A 5-year average of -$279.9 million and a median of -$261.5 million in 2023 frame the typical range for Capital Expenditures.
  • Annual changes were most pronounced in 2021 — Capital Expenditures tumbled 108.96% — and 2024, when it jumped 43.06%.
  • Ambev's Capital Expenditures stood at -$539.7 million in 2021, then climbed by 28.31% to -$386.9 million in 2022, then dropped by 18.65% to -$459.1 million in 2023, then soared by 43.06% to -$261.4 million in 2024, then decreased by 15.68% to -$302.4 million in 2025.
  • Business Quant data shows ABEV's Capital Expenditures at -$302.4 million in Q4 2025, -$191.6 million in Q3 2025, and -$192.2 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 United Breweries 4,315.79 Bn 3,674.57 Bn 387.52 Bn -38.66 Bn
2 Mexican Economic Development 1,198.50 Bn 1,192.35 Bn - -
3 Anheuser-Busch InBev 166.38 Bn 154.16 Bn 8.61 Bn -
4 Ambev 49.20 Bn 45.43 Bn 2.42 Bn -302.38 Mn
5 Constellation Brands 23.08 Bn 22.99 Bn 1.32 Bn 177.20 Mn
6 Molson Coors Beverage 8.14 Bn 7.76 Bn 897.20 Mn 231.70 Mn
7 Boston Beer 1.96 Bn 1.70 Bn 286.37 Mn 10.54 Mn
8 NFiniTi 720.00 Mn 719.98 Mn - -

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