Ambev (ABEV) EBT Margin (2011 - 2026)
Ambev's (ABEV) quarterly EBT Margin came in at 21.95% in Q2 2026, up 493.0% YoY from 3.7% in Q2 2025, and down 8.19% on a QoQ basis from 23.91% in Q4 2025.
Ambev (ABEV) EBT Margin (2011 - 2026) Analysis & Trends
Ambev (ABEV) has 16 years of EBT Margin data on file, last reported at 21.95% in Q2 2026.
- Quarterly EBT Margin rose 493.0% year-over-year to 21.95% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 22.15% (up 53.0% YoY) and the FY2025 annual result came in at 22.01%, up 22.0% from the prior year.
- EBT Margin declined to 21.95% in Q2 2026, from 23.91% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 25.56% in Q4 2024 to a low of 12.55% in Q2 2023.
- A 5-year average of 20.13% and a median of 19.98% in 2023 frame the typical range for EBT Margin.
- The widest YoY moves for EBT Margin: up 636 bps in 2023, down 712 bps in 2023.
- Tracing ABEV's EBT Margin over 5 years: stood at 19.07% in 2022, then increased by 24 bps to 23.65% in 2023, then grew by 8 bps to 25.56% in 2024, then fell by 6 bps to 23.91% in 2025, then slipped by 8 bps to 21.95% in 2026.
- The last three EBT Margin figures came in at 21.95% (Q2 2026), 23.91% (Q4 2025), and 25.01% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 2,224.41 Bn | 1,851.39 Bn | 252.83 Bn | -0.01% |
| 2 | Constellation Brands | 23.10 Bn | 23.00 Bn | 1.32 Bn | 29.34% |
| 3 | Molson Coors Beverage | 8.00 Bn | 5.87 Bn | 1.06 Bn | 7.85% |
| 4 | Boston Beer | 1.97 Bn | 1.71 Bn | 286.37 Mn | 11.90% |
| 5 | Ambev | 624,799.98 | -3.50 Bn | 2.29 Bn | 21.95% |
| 6 | Anheuser-Busch InBev | 157,405.59 | -7.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 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% |
| Jun 30, 2021 | 23.02% |