Ambev (ABEV) Gross Margin (2011 - 2026)
Ambev's Gross Margin was 51.86% in the quarter ended Jun 30, 2026, up 1.86 percentage points from 50.00% a year earlier and up 0.30 percentage points from the prior quarter.
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Analysis
Ambev (ABEV) Gross Margin (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ambev's Gross Margin was 51.90% through Jun 30, 2026, up 0.43 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 51.42%, up 0.18 percentage points from the prior year.
- Gross Margin has now increased for three consecutive years, though with a five-year change of -2.21 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Gross Margin was 51.24% in the year ended Dec 31, 2024 (+0.52 pp), 50.72% in the year ended Dec 31, 2023 (+1.44 pp), 49.29% in the year ended Dec 31, 2022 (-1.77 pp) and 51.05% in the year ended Dec 31, 2021 (-2.58 pp).
- Quarterly Gross Margin has moved between 47.89% (the quarter ended Jun 30, 2022) and 53.68% (the quarter ended Dec 31, 2024) over five years.
- Compared with a year earlier, Gross Margin was higher in seven of the last eight quarters, with an average year-over-year change of +0.52 percentage points.
- The best year-over-year quarter for Gross Margin over five years was the quarter ended Dec 31, 2023 (a gain of 1.88 percentage points); the worst was the quarter ended Dec 31, 2021 (a drop of 3.51 percentage points).
- Per Business Quant data, ABEV's Gross Margin in the three quarters before the quarter ended Jun 30, 2026 was 51.56% (quarter ended Mar 31, 2026), 52.63% (quarter ended Dec 31, 2025) and 51.46% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 62.89% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | 47.09% |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 54.42% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 55.95% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 51.86% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 41.95% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 49.46% |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | 37.93% |
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();