Ambev (ABEV) EBT Margin (2012 - 2026)
Ambev (ABEV) reported EBT Margin of 24.30% for Q3 2026, down 0.71 percentage points from 25.01% a year earlier but up 2.77 percentage points from the prior quarter.
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Analysis
Ambev (ABEV) EBT Margin (2012 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Ambev's EBT Margin came in at 22.96%, up 0.41 percentage points year-over-year; for FY2025, it was 22.01%, up 0.22 percentage points from FY2024.
- EBT Margin has increased for three consecutive years, though with a five-year change of -1.11 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 21.79% in FY2024 (+2.93 pp), 18.86% in FY2023 (+1.00 pp), 17.86% in FY2022 (-1.03 pp) and 18.89% in FY2021 (-4.23 pp).
- Five-year quarterly EBT Margin spans a low of 12.55% in Q2 2023 and a high of 25.56% in Q4 2024.
- Year over year, EBT Margin gained in four of the last eight quarters, with an average year-over-year change of +0.97 percentage points.
- The high point for year-over-year EBT Margin in five years was Q3 2023 (a gain of 6.36 percentage points); the low point was Q4 2021 (a drop of 26.97 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 21.54% (Q2 2026), 21.95% (Q1 2026) and 23.91% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 412.59 Bn | 398.91 Bn | 8.45 Bn | 36.12% |
| 2 | Diageo | 224.80 Bn | 204.87 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 197.26 Bn | 197.26 Bn | 2.15 Bn | 12.33% |
| 4 | Pepsico | 193.72 Bn | 151.48 Bn | 13.75 Bn | 15.45% |
| 5 | Monster Beverage | 89.30 Bn | 77.55 Bn | 1.42 Bn | 30.28% |
| 6 | Coca-Cola Europacific Partners | 53.58 Bn | 46.24 Bn | - | - |
| 7 | Keurig Dr Pepper | 50.27 Bn | 46.31 Bn | 3.07 Bn | 4.17% |
| 8 | Ambev | 43.42 Bn | 28.22 Bn | 2.14 Bn | 24.30% |
| 9 | Constellation Brands | 24.72 Bn | 24.27 Bn | 1.39 Bn | 25.90% |
| 10 | Brown Forman | 13.95 Bn | 12.63 Bn | 549.00 Mn | 19.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.30% |
| 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% |
API Access
Ambev EBT 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=ebt-margin&ticker=ABEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=ABEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();