Ambev (ABEV) EBITDA Margin (2012 - 2026)
Ambev's (ABEV) quarterly EBITDA Margin came in at 23.89% in Q2 2026, up 200.0% on a YoY basis from 7.96% in Q2 2025, and down 10.37% quarter-over-quarter from 26.66% in Q1 2026.
Analysis
Ambev (ABEV) EBITDA Margin (2012 - 2026) Analysis & Trends
Ambev (ABEV) has reported EBITDA Margin for 15 consecutive years, with 23.89% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin rose 200.0% year-over-year to 23.89%; the trailing twelve-month figure through Jun 2026 stood at 27.14% (up 215.0% YoY), and the FY2025 full-year result was 26.42%, up 205.0% from the prior year.
- EBITDA Margin eased to 23.89% in Q2 2026 per ABEV's latest filing, from 26.66% in the prior quarter.
- Across five years, EBITDA Margin topped out at 104.06% in Q4 2022 and bottomed at 14.61% in Q1 2022.
- Historically, EBITDA Margin has averaged 29.57% across 5 years, with a median of 26.88% in 2022.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin tumbled 7606 bps in 2023, then soared 796 bps in 2024.
- Over 5 years, EBITDA Margin stood at 104.06% in 2022, then sank by 73 bps to 28.0% in 2023, then slipped by 1 bps to 27.83% in 2024, then rose by 0 bps to 27.83% in 2025, then decreased by 14 bps to 23.89% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 23.89%, 26.66%, and 27.83% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ambev | 47.60 Bn | 44.09 Bn | 2.06 Bn | 23.89% |
| 2 | Constellation Brands | 21.89 Bn | 21.79 Bn | 1.32 Bn | 32.63% |
| 3 | Molson Coors Beverage | 8.77 Bn | 6.83 Bn | 1.06 Bn | 9.21% |
| 4 | United Breweries | 2.20 Bn | -245.21 Bn | 252.83 Bn | 5.20% |
| 5 | Boston Beer | 1.75 Bn | 1.49 Bn | 286.37 Mn | 11.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.89% |
| Mar 31, 2026 | 26.66% |
| Dec 31, 2025 | 27.83% |
| Sep 30, 2025 | 30.25% |
| Jun 30, 2025 | 21.90% |
| Mar 31, 2025 | 25.38% |
| Dec 31, 2024 | 27.83% |
| Sep 30, 2024 | 24.05% |
| Jun 30, 2024 | 20.35% |
| Mar 31, 2024 | 24.09% |
| Dec 31, 2023 | 28.00% |
| Sep 30, 2023 | 32.33% |
| Jun 30, 2023 | 27.25% |
| Mar 31, 2023 | 16.13% |
| Dec 31, 2022 | 104.06% |
| Sep 30, 2022 | 27.10% |
| Jun 30, 2022 | 30.59% |
| Mar 31, 2022 | 14.61% |
| Dec 31, 2021 | 101.59% |
| Sep 30, 2021 | 29.03% |