Ambev (ABEV) Net Margin (2012 - 2025)
Ambev posted quarterly Net Margin of 29.56% for Q4 2025, down 297.0% year-on-year from 15.01% in Q4 2024, and up 26.72% on a QoQ basis from 23.33% in Q3 2025.
Ambev (ABEV) has 14 years of Net Margin data on file, last reported at 29.56% in Q4 2025.
- For the quarter ending Q4 2025, Net Margin fell 297.0% year-over-year to 29.56%; the trailing twelve-month figure through Dec 2025 stood at 25.14% (up 239.0% YoY), and the FY2025 full-year result was 17.57%, up 143.0% from the prior year.
- Net Margin for Q4 2025 stood at 29.56%, up from 23.33% in the prior quarter.
- Across five years, Net Margin topped out at 32.54% in Q4 2024 and bottomed at 0.0% in Q4 2023.
- The 5-year median for Net Margin is 19.08% (2022), against an average of 19.27%.
- The widest annual swing landed in 2021, when Net Margin slumped 3446 bps; it then surged 3254 bps in 2024.
- A 5-year view of Net Margin shows it stood at 19.63% in 2021, then decreased by 22 bps to 15.23% in 2022, then slumped by 100 bps to 0.0% in 2023, then surged by 132062560 bps to 32.54% in 2024, then declined by 9 bps to 29.56% in 2025.
- The last three Net Margin figures came in at 29.56% (Q4 2025), 23.33% (Q3 2025), and 20.15% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,730.53 Bn | 387.52 Bn | 6.57% |
| 2 | Anheuser-Busch InBev | 144.87 Bn | 132.65 Bn | 8.61 Bn | 23.39% |
| 3 | Mexican Economic Development | 102.46 Bn | 96.50 Bn | - | - |
| 4 | Constellation Brands | 26.22 Bn | 26.12 Bn | 951.70 Mn | 11.70% |
| 5 | Ambev | 9.36 Bn | 5.68 Bn | 2.42 Bn | 29.56% |
| 6 | Molson Coors Beverage | 8.04 Bn | 7.77 Bn | 897.20 Mn | 5.52% |
| 7 | Boston Beer | 1.99 Bn | 1.83 Bn | 213.96 Mn | -33.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 29.56% |
| Sep 30, 2025 | 23.33% |
| Jun 30, 2025 | 20.15% |
| Mar 31, 2025 | 26.26% |
| Dec 31, 2024 | 32.54% |
| Sep 30, 2024 | 16.14% |
| Jun 30, 2024 | 12.23% |
| Mar 31, 2024 | 18.76% |
| Dec 31, 2023 | 22.65% |
| Sep 30, 2023 | 19.69% |
| Jun 30, 2023 | 13.24% |
| Mar 31, 2023 | 18.59% |
| Dec 31, 2022 | 15.23% |
| Sep 30, 2022 | 11.11% |
| Jun 30, 2022 | 21.78% |
| Mar 31, 2022 | 18.91% |
| Dec 31, 2021 | 19.63% |
| Sep 30, 2021 | 12.83% |
| Jun 30, 2021 | 27.40% |
| Mar 31, 2021 | 16.43% |
| Dec 31, 2020 | 54.10% |
| Sep 30, 2020 | 16.04% |
| Jun 30, 2020 | 8.14% |
| Mar 31, 2020 | 9.61% |
| Dec 31, 2019 | 7.12% |
| Sep 30, 2019 | 1,434.56% |
| Jun 30, 2019 | 27.53% |
| Mar 31, 2019 | 28.16% |
| Dec 31, 2018 | 14.09% |
| Sep 30, 2018 | 26.08% |
| Jun 30, 2018 | 23.95% |
| Mar 31, 2018 | 32.79% |
| Dec 31, 2017 | 31.74% |
| Sep 30, 2017 | 1.20% |
| Jun 30, 2017 | 24.99% |
| Mar 31, 2017 | 26.39% |
| Dec 31, 2016 | -243.26% |
| Sep 30, 2016 | 30.37% |
| Jun 30, 2016 | 20.94% |
| Mar 31, 2016 | 30.84% |
| Dec 31, 2015 | -235.76% |
| Sep 30, 2015 | -0.18% |
| Jun 30, 2015 | 26.14% |
| Mar 31, 2015 | 27.51% |
| Dec 31, 2014 | -196.89% |
| Sep 30, 2014 | -0.14% |
| Jun 30, 2014 | 27.09% |
| Mar 31, 2014 | 40.91% |
| Dec 31, 2013 | -190.14% |
| Sep 30, 2013 | 47.15% |
| Jun 30, 2013 | 39.07% |
| Mar 31, 2013 | 0.30% |
| Dec 31, 2012 | -212.35% |
| Sep 30, 2012 | 30.90% |
| Jun 30, 2012 | 38.82% |