Ambev (ABEV) FCF Margin (2012 - 2026)
Ambev (ABEV) recorded FCF Margin of 23.38% in the quarter ended Jun 30, 2026, up 2.78 percentage points from 20.60% a year earlier and up 9.31 percentage points from the prior quarter.
Ambev (ABEV) FCF Margin (2012 - 2026) Analysis & Trends
On a TTM basis, Ambev's FCF Margin came in at 31.54% as of Jun 30, 2026, down 2.22 percentage points year-over-year; for the year ended Dec 31, 2025, it was 22.51%, down 1.36 percentage points from the prior year.
- Annual FCF Margin has a five-year change of -1.75 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, FCF Margin came in at 23.87% in the year ended Dec 31, 2024 (+0.41 pp), 23.46% in the year ended Dec 31, 2023 (+5.76 pp), 17.70% in the year ended Dec 31, 2022 (-3.20 pp) and 20.90% in the year ended Dec 31, 2021 (-3.36 pp).
- Quarterly FCF Margin has ranged from 2.81% in the quarter ended Mar 31, 2023 to 81.15% in the quarter ended Dec 31, 2023 over the past five years.
- On a year-over-year basis, FCF Margin rose in three of the last eight quarters, with an average year-over-year change of -4.10 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 20.14 percentage points in the quarter ended Dec 31, 2023, against a drop of 24.07 percentage points in the quarter ended Dec 31, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 14.07% (quarter ended Mar 31, 2026), 53.42% (quarter ended Dec 31, 2025) and 33.19% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 38.15% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | -5.29% |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 18.47% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 18.16% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 27.75% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 9.77% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 22.72% |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | 6.39% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 43.79% |
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_KEY
import 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();