Ambev (ABEV) FCF Margin (2012 - 2026)
Ambev (ABEV) recorded FCF Margin of 40.80% in Q3 2026, up 2.61 percentage points from 38.20% a year earlier and up 13.05 percentage points from the prior quarter.
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Analysis
Ambev (ABEV) FCF Margin (2012 - 2026) Analysis & Trends
On a TTM basis, Ambev's FCF Margin came in at 36.76% as of Sep 30, 2026, up 4.02 percentage points year-over-year; for FY2025, it was 22.51%, down 1.36 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -1.75 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 23.87% in FY2024 (+0.41 pp), 23.46% in FY2023 (+5.76 pp), 17.70% in FY2022 (-3.20 pp) and 20.90% in FY2021 (-3.36 pp).
- Quarterly FCF Margin has ranged from 2.81% in Q1 2023 to 81.15% in Q4 2023 over the past five years.
- On a year-over-year basis, FCF Margin has increased for four consecutive quarters, with an average year-over-year change of -1.12 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 20.14 percentage points in Q4 2023, against a drop of 24.07 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 27.75% (Q2 2026), 16.15% (Q1 2026) and 59.99% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 415.05 Bn | 401.36 Bn | 8.45 Bn | 34.00% |
| 2 | Coca Cola Femsa Sab De Cv | 195.63 Bn | 195.63 Bn | 2.15 Bn | -5.28% |
| 3 | Pepsico | 194.97 Bn | 152.73 Bn | 13.75 Bn | 18.47% |
| 4 | Monster Beverage | 95.69 Bn | 83.94 Bn | 1.42 Bn | 18.16% |
| 5 | Diageo | 54.44 Bn | 34.51 Bn | - | - |
| 6 | Coca-Cola Europacific Partners | 53.15 Bn | 45.82 Bn | - | - |
| 7 | Keurig Dr Pepper | 50.27 Bn | 46.32 Bn | 3.07 Bn | 9.77% |
| 8 | Ambev | 43.18 Bn | 27.99 Bn | 2.14 Bn | 40.80% |
| 9 | Constellation Brands | 25.00 Bn | 24.55 Bn | 1.39 Bn | 22.72% |
| 10 | Brown Forman | 14.15 Bn | 12.83 Bn | 549.00 Mn | 13.63% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 40.80% |
| Jun 30, 2026 | 27.75% |
| Mar 31, 2026 | 16.15% |
| Dec 31, 2025 | 59.99% |
| Sep 30, 2025 | 38.20% |
| Jun 30, 2025 | 20.60% |
| Mar 31, 2025 | 9.03% |
| Dec 31, 2024 | 57.09% |
| Sep 30, 2024 | 42.06% |
| Jun 30, 2024 | 21.88% |
| Mar 31, 2024 | 8.55% |
| Dec 31, 2023 | 81.15% |
| Sep 30, 2023 | 45.31% |
| Jun 30, 2023 | 24.93% |
| Mar 31, 2023 | 2.81% |
| Dec 31, 2022 | 61.02% |
| Sep 30, 2022 | 38.69% |
| Jun 30, 2022 | 21.99% |
| Mar 31, 2022 | 7.64% |
| Dec 31, 2021 | 67.25% |
API Access
Ambev FCF 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=fcf-margin&ticker=ABEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=ABEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();