Ambev (ABEV) Goodwill (2011 - 2025)
Ambev (ABEV) reported Goodwill of $7.7 billion for Q4 2025, up 0.98% on a YoY basis from $7.6 billion in Q4 2024, and up 3.63% quarter-over-quarter from $7.4 billion in Q3 2025.
Ambev (ABEV) Goodwill (2011 - 2025) Analysis & Trends
Ambev has reported Goodwill for 15 years, with the latest figure at $7.7 billion in Q4 2025.
- For the quarter ending Q4 2025, Goodwill rose 0.98% year-over-year to $7.7 billion; the trailing twelve-month figure through Dec 2025 stood at $7.7 billion (up 0.98% YoY), and the FY2025 full-year result was $7.7 billion, up 0.98% from the prior year.
- Goodwill for Q4 2025 stood at $7.7 billion, up from $7.4 billion in the prior quarter.
- The five-year high for Goodwill was $8.4 billion in Q2 2022, with the low at $7.2 billion in Q1 2025.
- Historically, Goodwill has averaged $7.7 billion across 5 years, with a median of $7.7 billion in 2022.
- Annual changes were most pronounced in 2021 — Goodwill declined 12.53% — and 2022, when it climbed 12.25%.
- Ambev's Goodwill stood at $7.6 billion in 2021, then grew by 1.48% to $7.7 billion in 2022, then decreased by 0.52% to $7.7 billion in 2023, then retreated by 0.61% to $7.6 billion in 2024, then advanced by 0.98% to $7.7 billion in 2025.
- The last three Goodwill figures came in at $7.7 billion (Q4 2025), $7.4 billion (Q3 2025), and $7.4 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,586.00 Bn | 387.52 Bn |
| 2 | Anheuser-Busch InBev | 143.88 Bn | 131.66 Bn | 8.61 Bn |
| 3 | Ambev | 35.18 Bn | 31.41 Bn | 2.42 Bn |
| 4 | Constellation Brands | 26.02 Bn | 25.92 Bn | 951.70 Mn |
| 5 | Mexican Economic Development | 19.03 Bn | 13.06 Bn | - |
| 6 | Molson Coors Beverage | 7.85 Bn | 7.59 Bn | 897.20 Mn |
| 7 | Boston Beer | 1.90 Bn | 1.74 Bn | 213.96 Mn |
| 8 | NFiniTi | - | - | - |
| 9 | Molson Coors Beverage | - | - | 897.20 Mn |
| 10 | Anheuser-Busch InBev | - | - | 8.61 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 7.70 Bn |
| Sep 30, 2025 | 7.43 Bn |
| Jun 30, 2025 | 7.36 Bn |
| Mar 31, 2025 | 7.24 Bn |
| Dec 31, 2024 | 7.63 Bn |
| Sep 30, 2024 | 7.55 Bn |
| Jun 30, 2024 | 8.10 Bn |
| Mar 31, 2024 | 7.96 Bn |
| Dec 31, 2023 | 7.68 Bn |
| Sep 30, 2023 | 8.15 Bn |
| Jun 30, 2023 | 7.94 Bn |
| Mar 31, 2023 | 7.74 Bn |
| Dec 31, 2022 | 7.72 Bn |
| Sep 30, 2022 | 7.95 Bn |
| Jun 30, 2022 | 8.43 Bn |
| Mar 31, 2022 | 7.50 Bn |
| Dec 31, 2021 | 7.60 Bn |
| Sep 30, 2021 | 7.99 Bn |
| Jun 30, 2021 | 7.51 Bn |
| Mar 31, 2021 | 7.81 Bn |