Ambev (ABEV) EBITDA Margin (2012 - 2026)
Ambev (ABEV) reported EBITDA Margin of 33.47% for Q3 2026, down 4.45 percentage points from 37.92% a year earlier but up 1.98 percentage points from the prior quarter.
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Analysis
Ambev (ABEV) EBITDA Margin (2012 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Ambev's EBITDA Margin came in at 33.54%, down 0.75 percentage points year-over-year; for FY2025, it came in at 34.17%, up 1.83 percentage points from FY2024.
- EBITDA Margin has increased for three consecutive years, though with a five-year change of -2.04 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 32.34% in FY2024 (+0.67 pp), 31.67% in FY2023 (+2.00 pp), 29.66% in FY2022 (-1.19 pp) and 30.85% in FY2021 (-5.36 pp).
- Five-year quarterly EBITDA Margin spans a low of 28.93% in Q2 2024 and a high of 37.92% in Q3 2025.
- Year over year, EBITDA Margin gained in five of the last eight quarters, with an average year-over-year change of +0.67 percentage points.
- The high point for year-over-year EBITDA Margin in five years was Q3 2025 (a gain of 6.04 percentage points); the low point was Q4 2021 (a drop of 12.80 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 31.49% (Q2 2026), 33.80% (Q1 2026) and 35.15% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 413.22 Bn | 399.53 Bn | 8.45 Bn | 35.26% |
| 2 | Diageo | 224.45 Bn | 204.52 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 196.49 Bn | 189.17 Bn | - | - |
| 4 | Pepsico | 192.84 Bn | 150.60 Bn | 13.75 Bn | 20.38% |
| 5 | Anheuser-Busch InBev | 148.28 Bn | 110.64 Bn | - | - |
| 6 | Monster Beverage | 88.63 Bn | 76.88 Bn | 1.42 Bn | 30.35% |
| 7 | Coca-Cola Europacific Partners | 53.10 Bn | 46.73 Bn | - | - |
| 8 | Keurig Dr Pepper | 50.04 Bn | 46.09 Bn | 3.07 Bn | 13.28% |
| 9 | Ambev | 43.10 Bn | 28.94 Bn | - | - |
| 10 | Constellation Brands | 24.59 Bn | 24.14 Bn | 1.39 Bn | 32.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 33.47% |
| Jun 30, 2026 | 31.49% |
| Mar 31, 2026 | 33.80% |
| Dec 31, 2025 | 35.15% |
| Sep 30, 2025 | 37.92% |
| Jun 30, 2025 | 30.37% |
| Mar 31, 2025 | 33.00% |
| Dec 31, 2024 | 35.39% |
| Sep 30, 2024 | 31.88% |
| Jun 30, 2024 | 28.93% |
| Mar 31, 2024 | 32.14% |
| Dec 31, 2023 | 35.58% |
| Sep 30, 2023 | 36.45% |
| Jun 30, 2023 | 32.94% |
| Mar 31, 2023 | 31.25% |
| Dec 31, 2022 | 35.87% |
| Sep 30, 2022 | 33.18% |
| Jun 30, 2022 | 33.37% |
| Mar 31, 2022 | 29.80% |
| Dec 31, 2021 | 34.60% |
API Access
Ambev EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ABEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "ABEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ABEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();