Ambev (ABEV) EBT Margin (2012 - 2026)
Ambev's (ABEV) quarterly EBT Margin came in at 21.54% in Q2 2026, up 451.0% on a YoY basis from 3.91% in Q2 2025, and down 1.9% quarter-over-quarter from 21.95% in Q1 2026.
Analysis
Ambev (ABEV) EBT Margin (2012 - 2026) Analysis & Trends
Ambev (ABEV) has reported EBT Margin for 15 consecutive years, with 21.54% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin rose 451.0% year-over-year to 21.54%; the trailing twelve-month figure through Jun 2026 stood at 23.09% (up 148.0% YoY), and the FY2025 full-year result was 22.01%, up 22.0% from the prior year.
- EBT Margin retreated to 21.54% in Q2 2026 per ABEV's latest filing, from 21.95% 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.
- Historically, EBT Margin has averaged 20.2% across 5 years, with a median of 20.56% in 2023.
- The widest YoY moves for EBT Margin: up 636 bps in 2023, down 712 bps in 2023.
- Over 5 years, EBT Margin stood at 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, then fell by 10 bps to 21.54% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 21.54%, 21.95%, and 23.91% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ambev | 47.60 Bn | 44.09 Bn | 2.06 Bn | 21.54% |
| 2 | Constellation Brands | 21.89 Bn | 21.79 Bn | 1.32 Bn | 29.34% |
| 3 | Molson Coors Beverage | 8.77 Bn | 6.83 Bn | 1.06 Bn | 7.85% |
| 4 | United Breweries | 2.20 Bn | -245.21 Bn | 252.83 Bn | -7.05% |
| 5 | Boston Beer | 1.75 Bn | 1.49 Bn | 286.37 Mn | 11.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.54% |
| Mar 31, 2026 | 21.95% |
| 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% |