Ambev (ABEV) Free Cash Flow (2012 - 2025)

Ambev (ABEV) posted Free Cash Flow of $2.8 billion for Q4 2025, up 73.05% on a QoQ basis from $1.6 billion in Q3 2025, and up 4.96% year-over-year from $2.7 billion in Q4 2024.

Ambev (ABEV) Free Cash Flow (2012 - 2025) Analysis & Trends

Ambev's Free Cash Flow history runs 14 years deep, the most recent figure standing at $2.8 billion for Q4 2025.

  • Quarterly Free Cash Flow rose 4.96% year-over-year to $2.8 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $6.0 billion (down 1.83% YoY) and the FY2025 annual result came in at $3.7 billion, down 7.54% from the prior year.
  • Free Cash Flow was $2.8 billion for Q4 2025 at Ambev, up from $1.6 billion in the prior quarter.
  • Across five years, Free Cash Flow topped out at $3.0 billion in Q4 2023 and bottomed at $539.7 million in Q1 2023.
  • A 5-year average of $1.5 billion and a median of $1.3 billion in 2021 frame the typical range for Free Cash Flow.
  • Annual changes were most pronounced in 2022 — Free Cash Flow sank 41.03% — and 2024, when it surged 46.21%.
  • Ambev's Free Cash Flow stood at $2.6 billion in 2021, then slipped by 4.79% to $2.5 billion in 2022, then climbed by 21.29% to $3.0 billion in 2023, then slipped by 10.61% to $2.7 billion in 2024, then climbed by 4.96% to $2.8 billion in 2025.
  • Business Quant data shows ABEV's Free Cash Flow at $2.8 billion in Q4 2025, $1.6 billion in Q3 2025, and $888.6 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 United Breweries 4,315.79 Bn 3,674.57 Bn 387.52 Bn 212.93 Bn
2 Mexican Economic Development 1,198.50 Bn 1,192.35 Bn - -
3 Anheuser-Busch InBev 166.38 Bn 154.16 Bn 8.61 Bn -
4 Ambev 49.20 Bn 45.43 Bn 2.42 Bn 2.76 Bn
5 Constellation Brands 23.08 Bn 22.99 Bn 1.32 Bn 484.60 Mn
6 Molson Coors Beverage 8.14 Bn 7.76 Bn 897.20 Mn -229.20 Mn
7 Boston Beer 1.96 Bn 1.70 Bn 286.37 Mn 127.47 Mn
8 NFiniTi 720.00 Mn 719.98 Mn - -5,268.00

Historic Data

Download Data
DateValue
Dec 31, 2025 2.82 Bn
Dec 31, 2025 2.82 Bn
Sep 30, 2025 1.63 Bn
Sep 30, 2025 1.63 Bn
Jun 30, 2025 888.65 Mn
Jun 30, 2025 888.65 Mn
Mar 31, 2025 611.87 Mn
Mar 31, 2025 611.87 Mn
Dec 31, 2024 2.69 Bn
Dec 31, 2024 2.69 Bn
Sep 30, 2024 1.65 Bn
Sep 30, 2024 1.65 Bn
Jun 30, 2024 937.26 Mn
Jun 30, 2024 937.26 Mn
Mar 31, 2024 789.08 Mn
Mar 31, 2024 789.08 Mn
Dec 31, 2023 3.01 Bn
Dec 31, 2023 3.01 Bn
Sep 30, 2023 1.83 Bn
Sep 30, 2023 1.83 Bn