Ambev (ABEV) Change in Taxes (2012 - 2025)
Ambev (ABEV) posted Change in Taxes of -$82.0 million for Q4 2025, up 57.38% on a QoQ basis from -$192.4 million in Q3 2025, and down 20.86% year-over-year from -$103.6 million in Q4 2024.
Ambev (ABEV) Change in Taxes (2012 - 2025) Analysis & Trends
Ambev's Change in Taxes history runs 14 years deep, the most recent figure standing at -$82.0 million for Q4 2025.
- Quarterly Change in Taxes fell 20.86% year-over-year to -$82.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$745.3 million (down 4.84% YoY) and the FY2016 annual result came in at -$1.6 billion, down 149.33% from the prior year.
- Change in Taxes was -$82.0 million for Q4 2025 at Ambev, up from -$192.4 million in the prior quarter.
- Across five years, Change in Taxes topped out at $53.2 million in Q3 2023 and bottomed at -$489.7 million in Q1 2024.
- A 5-year average of -$149.0 million and a median of -$91.6 million in 2023 frame the typical range for Change in Taxes.
- Annual changes were most pronounced in 2023 — Change in Taxes soared 413.24% — and 2025, when it slumped 1316.6%.
- Ambev's Change in Taxes stood at $38.8 million in 2021, then sank by 143.86% to -$17.0 million in 2022, then surged by 413.24% to $53.2 million in 2023, then slumped by 227.43% to -$67.8 million in 2024, then slipped by 20.86% to -$82.0 million in 2025.
- Business Quant data shows ABEV's Change in Taxes at -$82.0 million in Q4 2025, -$192.4 million in Q3 2025, and -$183.0 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,315.79 Bn | 3,674.57 Bn | 387.52 Bn | -11.48 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 | -82.00 Mn |
| 5 | Constellation Brands | 23.08 Bn | 22.99 Bn | 1.32 Bn | - |
| 6 | Molson Coors Beverage | 8.14 Bn | 7.76 Bn | 897.20 Mn | - |
| 7 | Boston Beer | 1.96 Bn | 1.70 Bn | 286.37 Mn | - |
| 8 | NFiniTi | 720.00 Mn | 719.98 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -82.00 Mn |
| Dec 31, 2025 | -82.00 Mn |
| Sep 30, 2025 | -192.38 Mn |
| Sep 30, 2025 | -192.38 Mn |
| Jun 30, 2025 | -183.02 Mn |
| Jun 30, 2025 | -183.02 Mn |
| Mar 31, 2025 | -287.88 Mn |
| Mar 31, 2025 | -287.88 Mn |
| Dec 31, 2024 | -67.85 Mn |
| Dec 31, 2024 | -67.85 Mn |
| Sep 30, 2024 | -13.58 Mn |
| Sep 30, 2024 | -13.58 Mn |
| Jun 30, 2024 | -139.77 Mn |
| Jun 30, 2024 | -139.77 Mn |
| Mar 31, 2024 | -489.70 Mn |
| Mar 31, 2024 | -489.70 Mn |
| Sep 30, 2023 | 53.24 Mn |
| Sep 30, 2023 | 53.24 Mn |
| Jun 30, 2023 | -91.61 Mn |
| Jun 30, 2023 | -91.61 Mn |