Ambev (ABEV) EBT Margin (2012 - 2025)
Ambev (ABEV) posted EBT Margin of 23.91% for Q4 2025, down 4.39% on a QoQ basis from 25.01% in Q3 2025, and down 165.0% year-over-year from 36.79% in Q4 2024.
Ambev (ABEV) EBT Margin (2012 - 2025) Analysis & Trends
Ambev's EBT Margin history runs 14 years deep, the most recent figure standing at 23.91% for Q4 2025.
- Quarterly EBT Margin fell 165.0% year-over-year to 23.91% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 22.07% (up 39.0% YoY) and the FY2025 annual result came in at 22.01%, up 22.0% from the prior year.
- EBT Margin was 23.91% for Q4 2025 at Ambev, down from 25.01% in the prior quarter.
- Across five years, EBT Margin topped out at 25.56% in Q4 2024 and bottomed at 12.55% in Q2 2023.
- A 5-year average of 19.81% and a median of 19.5% in 2022 frame the typical range for EBT Margin.
- Peak annual rise in EBT Margin reached 1348 bps in 2021, while the deepest fall reached 2697 bps in 2021.
- Ambev's EBT Margin stood at 18.65% in 2021, then advanced by 2 bps to 19.07% in 2022, then gained by 24 bps to 23.65% in 2023, then rose by 8 bps to 25.56% in 2024, then decreased by 6 bps to 23.91% in 2025.
- Business Quant data shows ABEV's EBT Margin at 23.91% in Q4 2025, 25.01% in Q3 2025, and 17.02% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,330.57 Bn | 3,689.35 Bn | 387.52 Bn | 9.43% |
| 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 | 23.91% |
| 5 | Constellation Brands | 23.03 Bn | 22.93 Bn | 1.32 Bn | 29.34% |
| 6 | Molson Coors Beverage | 8.13 Bn | 7.74 Bn | 897.20 Mn | 53.08% |
| 7 | Boston Beer | 1.95 Bn | 1.69 Bn | 286.37 Mn | 11.90% |
| 8 | NFiniTi | 720.00 Mn | 719.98 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 23.91% |
| Sep 30, 2025 | 25.01% |
| Jun 30, 2025 | 17.02% |
| Mar 31, 2025 | 21.59% |
| Dec 31, 2024 | 25.56% |
| Sep 30, 2024 | 21.13% |
| Jun 30, 2024 | 17.12% |
| Mar 31, 2024 | 22.07% |
| Dec 31, 2023 | 23.65% |
| Sep 30, 2023 | 19.98% |
| Jun 30, 2023 | 12.55% |
| Mar 31, 2023 | 18.89% |
| Dec 31, 2022 | 19.07% |
| Sep 30, 2022 | 13.62% |
| Jun 30, 2022 | 19.67% |
| Mar 31, 2022 | 19.34% |
| Dec 31, 2021 | 18.65% |
| Sep 30, 2021 | 16.88% |
| Jun 30, 2021 | 23.02% |
| Mar 31, 2021 | 17.52% |