Ambev (ABEV) Invested Capital (2011 - 2025)
Ambev (ABEV) reported Invested Capital of $22.6 billion for Q4 2025, down 0.85% on a YoY basis from $22.8 billion in Q4 2024, and up 32.71% quarter-over-quarter from $17.0 billion in Q3 2025.
Ambev (ABEV) Invested Capital (2011 - 2025) Analysis & Trends
Ambev has reported Invested Capital for 15 years, with the latest figure at $22.6 billion in Q4 2025.
- For the quarter ending Q4 2025, Invested Capital fell 0.85% year-over-year to $22.6 billion; the trailing twelve-month figure through Dec 2025 stood at $22.6 billion (down 0.85% YoY), and the FY2025 full-year result was $22.6 billion, down 0.85% from the prior year.
- Invested Capital for Q4 2025 stood at $22.6 billion, up from $17.0 billion in the prior quarter.
- The five-year high for Invested Capital was $22.8 billion in Q4 2023, with the low at $15.8 billion in Q2 2021.
- Historically, Invested Capital has averaged $18.6 billion across 5 years, with a median of $17.9 billion in 2024.
- Annual changes were most pronounced in 2022 — Invested Capital grew 17.16% — and 2025, when it decreased 10.65%.
- Ambev's Invested Capital stood at $21.3 billion in 2021, then climbed by 5.15% to $22.4 billion in 2022, then grew by 1.79% to $22.8 billion in 2023, then fell by 0.29% to $22.8 billion in 2024, then dropped by 0.85% to $22.6 billion in 2025.
- The last three Invested Capital figures came in at $22.6 billion (Q4 2025), $17.0 billion (Q3 2025), and $16.7 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,586.00 Bn | 387.52 Bn | 1,616.48 Bn |
| 2 | Anheuser-Busch InBev | 143.88 Bn | 131.66 Bn | 8.61 Bn | 188.30 Bn |
| 3 | Ambev | 35.18 Bn | 31.41 Bn | 2.42 Bn | 22.59 Bn |
| 4 | Constellation Brands | 26.02 Bn | 25.92 Bn | 951.70 Mn | 18.38 Bn |
| 5 | Mexican Economic Development | 19.03 Bn | 13.06 Bn | - | - |
| 6 | Molson Coors Beverage | 7.85 Bn | 7.59 Bn | 897.20 Mn | 16.27 Bn |
| 7 | Boston Beer | 1.90 Bn | 1.74 Bn | 213.96 Mn | 682.59 Mn |
| 8 | NFiniTi | - | - | - | 142.92 Mn |
| 9 | Molson Coors Beverage | - | - | 897.20 Mn | 16.27 Bn |
| 10 | Anheuser-Busch InBev | - | - | 8.61 Bn | 188.30 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 22.59 Bn |
| Sep 30, 2025 | 17.02 Bn |
| Jun 30, 2025 | 16.67 Bn |
| Mar 31, 2025 | 16.48 Bn |
| Dec 31, 2024 | 22.78 Bn |
| Sep 30, 2024 | 18.00 Bn |
| Jun 30, 2024 | 18.65 Bn |
| Mar 31, 2024 | 17.84 Bn |
| Dec 31, 2023 | 22.85 Bn |
| Sep 30, 2023 | 19.00 Bn |
| Jun 30, 2023 | 17.73 Bn |
| Mar 31, 2023 | 16.97 Bn |
| Dec 31, 2022 | 22.44 Bn |
| Sep 30, 2022 | 18.02 Bn |
| Jun 30, 2022 | 18.48 Bn |
| Mar 31, 2022 | 15.86 Bn |
| Dec 31, 2021 | 21.34 Bn |
| Sep 30, 2021 | 17.62 Bn |
| Jun 30, 2021 | 15.77 Bn |
| Mar 31, 2021 | 16.15 Bn |