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
DateValue
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