Ambev (ABEV) EBT Margin (2012 - 2025)
Ambev posted quarterly EBT Margin of 23.91% for Q4 2025, down 165.0% year-on-year from 36.79% in Q4 2024, and down 4.39% on a QoQ basis from 25.01% in Q3 2025.
Ambev (ABEV) has 14 years of EBT Margin data on file, last reported at 23.91% in Q4 2025.
- For the quarter ending Q4 2025, EBT Margin fell 165.0% year-over-year to 23.91%; the trailing twelve-month figure through Dec 2025 stood at 22.07% (up 39.0% YoY), and the FY2025 full-year result was 22.01%, up 22.0% from the prior year.
- EBT Margin for Q4 2025 stood at 23.91%, down from 25.01% in the prior quarter.
- Across five years, EBT Margin topped out at 25.56% in Q4 2024 and bottomed at 0.0% in Q4 2023.
- The 5-year median for EBT Margin is 19.2% (2022), against an average of 18.63%.
- The widest annual swing landed in 2021, when EBT Margin tumbled 2697 bps; it then soared 2556 bps in 2024.
- A 5-year view of EBT Margin shows it stood at 18.65% in 2021, then gained by 2 bps to 19.07% in 2022, then sank by 100 bps to 0.0% in 2023, then surged by 108098565 bps to 25.56% in 2024, then retreated by 6 bps to 23.91% in 2025.
- The last three EBT Margin figures came in at 23.91% (Q4 2025), 25.01% (Q3 2025), and 17.02% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,730.53 Bn | 387.52 Bn | 9.43% |
| 2 | Anheuser-Busch InBev | 144.87 Bn | 132.65 Bn | 8.61 Bn | 23.39% |
| 3 | Mexican Economic Development | 102.46 Bn | 96.50 Bn | - | - |
| 4 | Constellation Brands | 26.22 Bn | 26.12 Bn | 951.70 Mn | 18.29% |
| 5 | Ambev | 9.36 Bn | 5.68 Bn | 2.42 Bn | 23.91% |
| 6 | Molson Coors Beverage | 8.04 Bn | 7.77 Bn | 897.20 Mn | 7.16% |
| 7 | Boston Beer | 1.99 Bn | 1.83 Bn | 213.96 Mn | -43.54% |
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% |
| Dec 31, 2020 | 45.61% |
| Sep 30, 2020 | 15.58% |
| Jun 30, 2020 | 9.54% |
| Mar 31, 2020 | 11.83% |
| Dec 31, 2019 | 7.14% |
| Sep 30, 2019 | 1,330.08% |
| Jun 30, 2019 | 24.54% |
| Mar 31, 2019 | 27.19% |
| Dec 31, 2018 | 28.66% |
| Sep 30, 2018 | 24.80% |
| Jun 30, 2018 | 22.45% |
| Mar 31, 2018 | 27.51% |
| Dec 31, 2017 | 33.42% |
| Sep 30, 2017 | 25.82% |
| Jun 30, 2017 | 22.84% |
| Mar 31, 2017 | 23.38% |
| Dec 31, 2016 | 40.71% |
| Sep 30, 2016 | 22.94% |
| Jun 30, 2016 | 23.12% |
| Mar 31, 2016 | 27.93% |
| Dec 31, 2015 | 38.82% |
| Sep 30, 2015 | 36.31% |
| Jun 30, 2015 | 27.85% |
| Mar 31, 2015 | 36.35% |
| Dec 31, 2014 | 44.76% |
| Sep 30, 2014 | 37.94% |
| Jun 30, 2014 | 30.22% |
| Mar 31, 2014 | 34.81% |
| Dec 31, 2013 | 48.35% |
| Sep 30, 2013 | 37.32% |
| Jun 30, 2013 | 32.16% |
| Mar 31, 2013 | 0.36% |
| Dec 31, 2012 | 46.29% |
| Sep 30, 2012 | 36.13% |
| Jun 30, 2012 | 33.31% |