Ambev (ABEV) EBITDA Margin (2012 - 2025)
Ambev (ABEV) reported EBITDA Margin of 27.83% for Q4 2025, up 28141.0% on a YoY basis from N/an in Q4 2024, and down 8.0% quarter-over-quarter from 30.25% in Q3 2025.
Ambev (ABEV) EBITDA Margin (2012 - 2025) Analysis & Trends
Ambev has reported EBITDA Margin for 14 years, with the latest figure at 27.83% in Q4 2025.
- For the quarter ending Q4 2025, EBITDA Margin rose 28141.0% year-over-year to 27.83%; the trailing twelve-month figure through Dec 2025 stood at 37.24% (up 10834.0% YoY), and the FY2025 full-year result was 33.44%, up 11008.0% from the prior year.
- EBITDA Margin for Q4 2025 stood at 27.83%, down from 30.25% in the prior quarter.
- The five-year high for EBITDA Margin was 52.16% in Q4 2023, with the low at 382.96% in Q2 2025.
- Historically, EBITDA Margin has averaged 80.67% across 5 years, with a median of 27.17% in 2022.
- Annual changes were most pronounced in 2021 — EBITDA Margin surged 57246 bps — and 2024, when it sank 39519 bps.
- Ambev's EBITDA Margin stood at 44.38% in 2021, then slipped by 1 bps to 44.04% in 2022, then gained by 18 bps to 52.16% in 2023, then tumbled by 586 bps to 253.58% in 2024, then jumped by 111 bps to 27.83% in 2025.
- The last three EBITDA Margin figures came in at 27.83% (Q4 2025), 30.25% (Q3 2025), and 382.96% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,586.00 Bn | 387.52 Bn | 54.39% |
| 2 | Anheuser-Busch InBev | 143.88 Bn | 131.66 Bn | 8.61 Bn | 23.39% |
| 3 | Ambev | 35.18 Bn | 31.41 Bn | 2.42 Bn | 27.83% |
| 4 | Constellation Brands | 26.02 Bn | 25.92 Bn | 951.70 Mn | 23.00% |
| 5 | Mexican Economic Development | 19.03 Bn | 13.06 Bn | - | - |
| 6 | Molson Coors Beverage | 7.85 Bn | 7.59 Bn | 897.20 Mn | 9.50% |
| 7 | Boston Beer | 1.90 Bn | 1.74 Bn | 213.96 Mn | -33.50% |
| 8 | NFiniTi | - | - | - | - |
| 9 | Molson Coors Beverage | - | - | 897.20 Mn | 9.50% |
| 10 | Anheuser-Busch InBev | - | - | 8.61 Bn | 23.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 27.83% |
| Sep 30, 2025 | 30.25% |
| Jun 30, 2025 | -382.96% |
| Mar 31, 2025 | -329.94% |
| Dec 31, 2024 | -253.58% |
| Sep 30, 2024 | -332.54% |
| Jun 30, 2024 | -359.28% |
| Mar 31, 2024 | -379.06% |
| Dec 31, 2023 | 52.16% |
| Sep 30, 2023 | 32.33% |
| Jun 30, 2023 | 27.25% |
| Mar 31, 2023 | 16.13% |
| Dec 31, 2022 | 44.04% |
| Sep 30, 2022 | 27.10% |
| Jun 30, 2022 | 30.59% |
| Mar 31, 2022 | 14.61% |
| Dec 31, 2021 | 44.38% |
| Sep 30, 2021 | 29.03% |
| Jun 30, 2021 | 33.06% |
| Mar 31, 2021 | 15.26% |