Ambev (ABEV) EBITDA Margin (2012 - 2025)
Ambev (ABEV) posted EBITDA Margin of 27.83% for Q4 2025, down 8.0% on a QoQ basis from 30.25% in Q3 2025, and little changed year-over-year from 27.83% in Q4 2024.
Ambev (ABEV) EBITDA Margin (2012 - 2025) Analysis & Trends
Ambev's EBITDA Margin history runs 14 years deep, the most recent figure standing at 27.83% for Q4 2025.
- Quarterly EBITDA Margin changed 0.0% year-over-year to 27.83% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 26.49% (up 223.0% YoY) and the FY2025 annual result came in at 25.7%, up 2567.0% from the prior year.
- EBITDA Margin was 27.83% for Q4 2025 at Ambev, down from 30.25% in the prior quarter.
- Across five years, EBITDA Margin topped out at 33.06% in Q2 2021 and bottomed at 14.61% in Q1 2022.
- A 5-year average of 24.24% and a median of 24.74% in 2024 frame the typical range for EBITDA Margin.
- Peak annual rise in EBITDA Margin reached 1655 bps in 2021, while the deepest fall reached 2020 bps in 2021.
- Ambev's EBITDA Margin stood at 19.86% in 2021, then dropped by 10 bps to 17.87% in 2022, then climbed by 12 bps to 20.05% in 2023, then surged by 39 bps to 27.83% in 2024, then rose by 0 bps to 27.83% in 2025.
- Business Quant data shows ABEV's EBITDA Margin at 27.83% in Q4 2025, 30.25% in Q3 2025, and 21.9% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,330.57 Bn | 3,689.35 Bn | 387.52 Bn | 54.39% |
| 2 | Mexican Economic Development | 1,197.42 Bn | 1,191.27 Bn | - | - |
| 3 | Anheuser-Busch InBev | 166.02 Bn | 153.80 Bn | 8.61 Bn | 23.39% |
| 4 | Ambev | 49.20 Bn | 45.43 Bn | 2.42 Bn | 27.83% |
| 5 | Constellation Brands | 23.03 Bn | 22.93 Bn | 1.32 Bn | 32.63% |
| 6 | Molson Coors Beverage | 8.13 Bn | 7.74 Bn | 897.20 Mn | 70.42% |
| 7 | Boston Beer | 1.95 Bn | 1.69 Bn | 286.37 Mn | 11.64% |
| 8 | NFiniTi | 720.00 Mn | 719.98 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 20.05% |
| Sep 30, 2023 | 32.33% |
| Jun 30, 2023 | 27.25% |
| Mar 31, 2023 | 16.13% |
| Dec 31, 2022 | 17.87% |
| Sep 30, 2022 | 27.10% |
| Jun 30, 2022 | 30.59% |
| Mar 31, 2022 | 14.61% |
| Dec 31, 2021 | 19.86% |
| Sep 30, 2021 | 29.03% |
| Jun 30, 2021 | 33.06% |
| Mar 31, 2021 | 15.26% |