Ambev (ABEV) Goodwill & Intangibles (2011 - 2025)
Ambev (ABEV) reported Goodwill & Intangibles of $9.8 billion for Q4 2025, little changed on a YoY basis from $9.8 billion in Q4 2024, and up 3.57% quarter-over-quarter from $9.4 billion in Q3 2025.
Ambev (ABEV) Goodwill & Intangibles (2011 - 2025) Analysis & Trends
Ambev has reported Goodwill & Intangibles for 15 years, with the latest figure at $9.8 billion in Q4 2025.
- For the quarter ending Q4 2025, Goodwill & Intangibles changed 0.34% year-over-year to $9.8 billion; the trailing twelve-month figure through Dec 2025 stood at $9.8 billion (changed 0.34% YoY), and the FY2025 full-year result was $9.8 billion, changed 0.34% from the prior year.
- Goodwill & Intangibles for Q4 2025 stood at $9.8 billion, up from $9.4 billion in the prior quarter.
- The five-year high for Goodwill & Intangibles was $10.3 billion in Q2 2024, with the low at $7.7 billion in Q4 2021.
- Historically, Goodwill & Intangibles has averaged $9.4 billion across 5 years, with a median of $9.5 billion in 2023.
- Annual changes were most pronounced in 2021 — Goodwill & Intangibles fell 12.74% — and 2024, when it increased 23.11%.
- Ambev's Goodwill & Intangibles stood at $7.7 billion in 2021, then gained by 1.04% to $7.8 billion in 2022, then increased by 2.13% to $7.9 billion in 2023, then advanced by 23.11% to $9.8 billion in 2024, then declined by 0.34% to $9.8 billion in 2025.
- The last three Goodwill & Intangibles figures came in at $9.8 billion (Q4 2025), $9.4 billion (Q3 2025), and $9.4 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 | 9.75 Bn |
| Sep 30, 2025 | 9.42 Bn |
| Jun 30, 2025 | 9.37 Bn |
| Mar 31, 2025 | 9.26 Bn |
| Dec 31, 2024 | 9.79 Bn |
| Sep 30, 2024 | 9.64 Bn |
| Jun 30, 2024 | 10.33 Bn |
| Mar 31, 2024 | 10.13 Bn |
| Dec 31, 2023 | 7.95 Bn |
| Sep 30, 2023 | 10.09 Bn |
| Jun 30, 2023 | 9.79 Bn |
| Mar 31, 2023 | 9.52 Bn |
| Dec 31, 2022 | 7.78 Bn |
| Sep 30, 2022 | 9.70 Bn |
| Jun 30, 2022 | 10.18 Bn |
| Mar 31, 2022 | 8.98 Bn |
| Dec 31, 2021 | 7.70 Bn |
| Sep 30, 2021 | 9.56 Bn |
| Jun 30, 2021 | 8.95 Bn |
| Mar 31, 2021 | 9.34 Bn |