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
DateValue
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%