Ambev (ABEV) Gross Margin (2012 - 2026)
Ambev's (ABEV) quarterly Gross Margin came in at 51.86% in Q2 2026, up 186.0% on a YoY basis from 18.13% in Q2 2025, and up 0.57% quarter-over-quarter from 51.56% in Q1 2026.
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Analysis
Ambev (ABEV) Gross Margin (2012 - 2026) Analysis & Trends
Ambev (ABEV) has reported Gross Margin for 15 consecutive years, with 51.86% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 186.0% year-over-year to 51.86%; the trailing twelve-month figure through Jun 2026 stood at 51.9% (up 43.0% YoY), and the FY2025 full-year result was 51.42%, up 18.0% from the prior year.
- Gross Margin improved to 51.86% in Q2 2026 per ABEV's latest filing, from 51.56% in the prior quarter.
- Across five years, Gross Margin topped out at 53.68% in Q4 2024 and bottomed at 47.89% in Q2 2022.
- Historically, Gross Margin has averaged 50.7% across 5 years, with a median of 50.52% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 331 bps in 2022, then soared 188 bps in 2023.
- Over 5 years, Gross Margin stood at 51.59% in 2022, then grew by 4 bps to 53.47% in 2023, then grew by 0 bps to 53.68% in 2024, then slipped by 2 bps to 52.63% in 2025, then retreated by 1 bps to 51.86% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 51.86%, 51.56%, and 52.63% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 62.89% |
| 2 | Diageo | 209.58 Bn | 209.63 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 185.97 Bn | 185.19 Bn | 2.06 Bn | 47.09% |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 54.22% |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 55.95% |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | 51.86% |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | - |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 41.95% |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | 40.03% |
| 10 | Constellation Brands | 19.91 Bn | 19.81 Bn | 1.32 Bn | 50.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.86% |
| Mar 31, 2026 | 51.56% |
| Dec 31, 2025 | 52.63% |
| Sep 30, 2025 | 51.46% |
| Jun 30, 2025 | 50.00% |
| Mar 31, 2025 | 51.35% |
| Dec 31, 2024 | 53.68% |
| Sep 30, 2024 | 50.34% |
| Jun 30, 2024 | 49.81% |
| Mar 31, 2024 | 50.39% |
| Dec 31, 2023 | 53.47% |
| Sep 30, 2023 | 49.68% |
| Jun 30, 2023 | 49.01% |
| Mar 31, 2023 | 50.65% |
| Dec 31, 2022 | 51.59% |
| Sep 30, 2022 | 48.28% |
| Jun 30, 2022 | 47.89% |
| Mar 31, 2022 | 48.94% |
| Dec 31, 2021 | 52.31% |
| Sep 30, 2021 | 49.96% |
API Access
Ambev Gross 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=gross-margin&ticker=ABEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=ABEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();