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
DateValue
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