Ambev (ABEV) Change in Taxes (2012 - 2025)
Ambev (ABEV) reported Change in Taxes of $260.1 million for Q4 2025, up 180.14% on a YoY basis from $92.8 million in Q4 2024, and up 504.68% quarter-over-quarter from -$64.3 million in Q3 2025.
Ambev (ABEV) Change in Taxes (2012 - 2025) Analysis & Trends
Ambev has reported Change in Taxes for 14 years, with the latest figure at $260.1 million in Q4 2025.
- For the quarter ending Q4 2025, Change in Taxes rose 180.14% year-over-year to $260.1 million; the trailing twelve-month figure through Dec 2025 stood at $486.4 million (up 144.9% YoY), and the FY2025 full-year result was $636.8 million, down 20.25% from the prior year.
- Change in Taxes for Q4 2025 stood at $260.1 million, up from -$64.3 million in the prior quarter.
- The five-year high for Change in Taxes was $260.1 million in Q4 2025, with the low at -$324.5 million in Q4 2024.
- Historically, Change in Taxes has averaged $22.7 million across 5 years, with a median of $22.3 million in 2021.
- The largest YoY upside for Change in Taxes was 2073.18% in 2024 against a maximum downside of 910.59% in 2024.
- Ambev's Change in Taxes stood at $64.0 million in 2021, then tumbled by 324.37% to -$143.7 million in 2022, then surged by 127.86% to $40.0 million in 2023, then slumped by 910.59% to -$324.5 million in 2024, then surged by 180.14% to $260.1 million in 2025.
- The last three Change in Taxes figures came in at $260.1 million (Q4 2025), -$64.3 million (Q3 2025), and $111.1 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,586.00 Bn | 387.52 Bn | - |
| 2 | Anheuser-Busch InBev | 143.88 Bn | 131.66 Bn | 8.61 Bn | -720.00 |
| 3 | Ambev | 35.18 Bn | 31.41 Bn | 2.42 Bn | 260.09 Mn |
| 4 | Constellation Brands | 26.02 Bn | 25.92 Bn | 951.70 Mn | - |
| 5 | Mexican Economic Development | 19.03 Bn | 13.06 Bn | - | - |
| 6 | Molson Coors Beverage | 7.85 Bn | 7.59 Bn | 897.20 Mn | - |
| 7 | Boston Beer | 1.90 Bn | 1.74 Bn | 213.96 Mn | -7.89 Mn |
| 8 | NFiniTi | - | - | - | - |
| 9 | Molson Coors Beverage | - | - | 897.20 Mn | - |
| 10 | Anheuser-Busch InBev | - | - | 8.61 Bn | -720.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 260.09 Mn |
| Dec 31, 2025 | 260.09 Mn |
| Sep 30, 2025 | -64.27 Mn |
| Sep 30, 2025 | -64.27 Mn |
| Jun 30, 2025 | 111.12 Mn |
| Jun 30, 2025 | 111.12 Mn |
| Mar 31, 2025 | 179.48 Mn |
| Mar 31, 2025 | 179.48 Mn |
| Dec 31, 2024 | -324.53 Mn |
| Dec 31, 2024 | -324.53 Mn |
| Sep 30, 2024 | 198.97 Mn |
| Sep 30, 2024 | 198.97 Mn |
| Jun 30, 2024 | 188.45 Mn |
| Jun 30, 2024 | 188.45 Mn |
| Mar 31, 2024 | 135.73 Mn |
| Mar 31, 2024 | 135.73 Mn |
| Dec 31, 2023 | 40.04 Mn |
| Dec 31, 2023 | 40.04 Mn |
| Sep 30, 2023 | 9.16 Mn |
| Sep 30, 2023 | 9.16 Mn |