Growth Metrics

Ambev (ABEV) Invested Capital (2011 - 2025)

Ambev posted quarterly Invested Capital of $22.6 billion for Q4 2025, down 0.85% year-on-year from $22.8 billion in Q4 2024, and down 0.85% on a QoQ basis from $22.8 billion in Q4 2024.

Ambev (ABEV) has 15 years of Invested Capital data on file, last reported 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, down from $22.8 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $22.8 billion in Q4 2023 and bottomed at $12.9 billion in Q1 2023.
  • The 5-year median for Invested Capital is $22.4 billion (2022), against an average of $19.8 billion.
  • The widest annual swing landed in 2021, when Invested Capital grew 8.36%; it then retreated 0.85% in 2025.
  • A 5-year view of Invested Capital shows it stood at $21.3 billion in 2021, then grew by 5.15% to $22.4 billion in 2022, then increased by 1.79% to $22.8 billion in 2023, then retreated by 0.29% to $22.8 billion in 2024, then declined by 0.85% to $22.6 billion in 2025.
  • The last three Invested Capital figures came in at $22.6 billion (Q4 2025), $22.8 billion (Q4 2024), and $22.8 billion (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 United Breweries 4,105.18 Bn 3,730.53 Bn 387.52 Bn 1,772.12 Bn
2 Anheuser-Busch InBev 144.87 Bn 132.65 Bn 8.61 Bn 188.30 Bn
3 Mexican Economic Development 102.46 Bn 96.50 Bn - -
4 Constellation Brands 26.22 Bn 26.12 Bn 951.70 Mn 18.38 Bn
5 Ambev 9.36 Bn 5.68 Bn 2.42 Bn 22.59 Bn
6 Molson Coors Beverage 8.04 Bn 7.77 Bn 897.20 Mn 16.27 Bn
7 Boston Beer 1.99 Bn 1.83 Bn 213.96 Mn 682.59 Mn

Historic Data

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DateValue
Dec 31, 2025 22.59 Bn
Dec 31, 2024 22.78 Bn
Dec 31, 2023 22.85 Bn
Jun 30, 2023 13.47 Bn
Mar 31, 2023 12.94 Bn
Dec 31, 2022 22.44 Bn
Dec 31, 2021 21.34 Bn
Dec 31, 2020 19.70 Bn
Jun 30, 2020 618.42 Mn
Dec 31, 2019 20.91 Bn
Dec 31, 2018 16.17 Bn
Dec 31, 2017 21.46 Bn
Dec 31, 2016 21.57 Bn
Dec 31, 2015 13.70 Bn
Dec 31, 2014 17.85 Bn
Dec 31, 2013 20.30 Bn
Dec 31, 2012 19.26 Bn
Dec 31, 2011 19.68 Bn