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| Date | Value |
|---|---|
| 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 |