Ambev (ABEV) Net Margin (2012 - 2026)
Ambev's Net Margin came in at 20.22% for Q3 2026, down 3.11 percentage points from 23.33% a year earlier but up 2.97 percentage points from the prior quarter.
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Analysis
Ambev (ABEV) Net Margin (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Ambev reported Net Margin of 18.16%, up 0.18 percentage points year-over-year; for FY2025, it was 17.57%, up 1.43 percentage points from FY2024.
- Net Margin carries a five-year change of -1.92 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 16.14% in FY2024 (-2.05 pp), 18.19% in FY2023 (+0.05 pp), 18.14% in FY2022 (+0.75 pp) and 17.39% in FY2021 (-2.10 pp).
- The five-year range for quarterly Net Margin is -28.83% (Q4 2023) to 50.40% (Q3 2023).
- Year-over-year, Net Margin increased in four of the last eight quarters, with an average year-over-year change of +3.47 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q4 2024 (a gain of 46.88 percentage points), and the weakest in Q4 2023 (a drop of 35.33 percentage points).
- Business Quant data shows ABEV's Net Margin at 17.25% (Q2 2026), 17.30% (Q1 2026) and 17.88% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 415.05 Bn | 401.36 Bn | 8.45 Bn | 29.96% |
| 2 | Coca Cola Femsa Sab De Cv | 195.63 Bn | 195.63 Bn | 2.15 Bn | 7.81% |
| 3 | Pepsico | 194.97 Bn | 152.73 Bn | 13.75 Bn | 12.06% |
| 4 | Monster Beverage | 95.69 Bn | 83.94 Bn | 1.42 Bn | 23.04% |
| 5 | Diageo | 54.44 Bn | 34.51 Bn | - | - |
| 6 | Coca-Cola Europacific Partners | 53.15 Bn | 45.82 Bn | - | - |
| 7 | Keurig Dr Pepper | 50.27 Bn | 46.32 Bn | 3.07 Bn | 1.94% |
| 8 | Ambev | 43.18 Bn | 27.99 Bn | 2.14 Bn | 20.22% |
| 9 | Constellation Brands | 25.00 Bn | 24.55 Bn | 1.39 Bn | 20.09% |
| 10 | Brown Forman | 14.15 Bn | 12.83 Bn | 549.00 Mn | 14.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.22% |
| Jun 30, 2026 | 17.25% |
| Mar 31, 2026 | 17.30% |
| Dec 31, 2025 | 17.88% |
| Sep 30, 2025 | 23.33% |
| Jun 30, 2025 | 13.74% |
| Mar 31, 2025 | 16.49% |
| Dec 31, 2024 | 18.05% |
| Sep 30, 2024 | 43.40% |
| Jun 30, 2024 | 11.99% |
| Mar 31, 2024 | 18.31% |
| Dec 31, 2023 | -28.83% |
| Sep 30, 2023 | 50.40% |
| Jun 30, 2023 | 33.36% |
| Mar 31, 2023 | 18.12% |
| Dec 31, 2022 | 6.49% |
| Sep 30, 2022 | 15.17% |
| Jun 30, 2022 | 35.72% |
| Mar 31, 2022 | 18.63% |
| Dec 31, 2021 | 17.01% |
API Access
Ambev Net 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=net-margin&ticker=ABEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=ABEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();