Ambev (ABEV) EBITDA (2012 - 2025)
Ambev (ABEV) reported EBITDA of $1.3 billion for Q4 2025, up 110.85% on a YoY basis from $607.3 million in Q4 2024, and up 10.64% quarter-over-quarter from $1.2 billion in Q3 2025.
Ambev (ABEV) EBITDA (2012 - 2025) Analysis & Trends
Ambev has reported EBITDA for 14 years, with the latest figure at $1.3 billion in Q4 2025.
- For the quarter ending Q4 2025, EBITDA rose 110.85% year-over-year to $1.3 billion; the trailing twelve-month figure through Dec 2025 stood at $5.9 billion (up 149.93% YoY), and the FY2025 full-year result was $5.5 billion, up 146.39% from the prior year.
- EBITDA for Q4 2025 stood at $1.3 billion, up from $1.2 billion in the prior quarter.
- The five-year high for EBITDA was $2.1 billion in Q4 2023, with the low at -$15.5 billion in Q1 2024.
- Historically, EBITDA has averaged -$3.2 billion across 5 years, with a median of $1.0 billion in 2021.
- Annual changes were most pronounced in 2021 — EBITDA soared 114.55% — and 2024, when it slumped 2537.43%.
- Ambev's EBITDA stood at $1.8 billion in 2021, then climbed by 8.5% to $1.9 billion in 2022, then increased by 10.85% to $2.1 billion in 2023, then sank by 660.16% to -$11.8 billion in 2024, then jumped by 110.85% to $1.3 billion in 2025.
- The last three EBITDA figures came in at $1.3 billion (Q4 2025), $1.2 billion (Q3 2025), and -$13.6 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,586.00 Bn | 387.52 Bn | 445.77 Bn |
| 2 | Anheuser-Busch InBev | 143.88 Bn | 131.66 Bn | 8.61 Bn | 3.64 Bn |
| 3 | Ambev | 35.18 Bn | 31.41 Bn | 2.42 Bn | 1.28 Bn |
| 4 | Constellation Brands | 26.02 Bn | 25.92 Bn | 951.70 Mn | 441.60 Mn |
| 5 | Mexican Economic Development | 19.03 Bn | 13.06 Bn | - | - |
| 6 | Molson Coors Beverage | 7.85 Bn | 7.59 Bn | 897.20 Mn | 258.30 Mn |
| 7 | Boston Beer | 1.90 Bn | 1.74 Bn | 213.96 Mn | -145.37 Mn |
| 8 | NFiniTi | - | - | - | -73,137.00 |
| 9 | Molson Coors Beverage | - | - | 897.20 Mn | 258.30 Mn |
| 10 | Anheuser-Busch InBev | - | - | 8.61 Bn | 3.64 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.28 Bn |
| Sep 30, 2025 | 1.16 Bn |
| Jun 30, 2025 | -13.59 Bn |
| Mar 31, 2025 | -12.67 Bn |
| Dec 31, 2024 | -11.80 Bn |
| Sep 30, 2024 | -13.25 Bn |
| Jun 30, 2024 | -13.85 Bn |
| Mar 31, 2024 | -15.54 Bn |
| Dec 31, 2023 | 2.11 Bn |
| Sep 30, 2023 | 1.35 Bn |
| Jun 30, 2023 | 1.04 Bn |
| Mar 31, 2023 | 637.69 Mn |
| Dec 31, 2022 | 1.90 Bn |
| Sep 30, 2022 | 1.06 Bn |
| Jun 30, 2022 | 1.12 Bn |
| Mar 31, 2022 | 515.50 Mn |
| Dec 31, 2021 | 1.75 Bn |
| Sep 30, 2021 | 1.03 Bn |
| Jun 30, 2021 | 978.68 Mn |
| Mar 31, 2021 | 465.07 Mn |