Ambev (ABEV) Net Margin (2011 - 2026)
Ambev's Net Margin came in at 17.25% for the quarter ended Jun 30, 2026, up 3.51 percentage points from 13.74% a year earlier but down 0.05 percentage points from the prior quarter.
Ambev (ABEV) Net Margin (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ambev reported Net Margin of 18.83%, down 4.20 percentage points year-over-year; for the year ended Dec 31, 2025, it was 17.57%, up 1.43 percentage points from the prior year.
- Net Margin carries a five-year change of -1.92 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Net Margin was 16.14% in the year ended Dec 31, 2024 (-2.05 pp), 18.19% in the year ended Dec 31, 2023 (+0.05 pp), 18.14% in the year ended Dec 31, 2022 (+0.75 pp) and 17.39% in the year ended Dec 31, 2021 (-2.10 pp).
- The five-year range for quarterly Net Margin is -28.83% (the quarter ended Dec 31, 2023) to 43.40% (the quarter ended Sep 30, 2024).
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of +5.24 percentage points.
- The fastest year-over-year change in Net Margin over five years came in the quarter ended Dec 31, 2024 (a gain of 46.88 percentage points), and the weakest in the quarter ended Dec 31, 2021 (a drop of 39.15 percentage points).
- Business Quant data shows ABEV's Net Margin at 17.30% (quarter ended Mar 31, 2026), 17.88% (quarter ended Dec 31, 2025) and 23.33% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 375.10 Bn | 363.73 Bn | 8.42 Bn | 33.07% |
| 2 | Diageo | 209.77 Bn | 202.17 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 182.89 Bn | 182.89 Bn | 2.06 Bn | 8.14% |
| 4 | Pepsico | 175.39 Bn | 135.83 Bn | 13.11 Bn | 12.33% |
| 5 | Anheuser-Busch InBev | 138.58 Bn | 107.33 Bn | 9.58 Bn | 24.51% |
| 6 | Monster Beverage | 82.00 Bn | 70.25 Bn | 1.42 Bn | 23.04% |
| 7 | Coca-Cola Europacific Partners | 46.20 Bn | 39.44 Bn | - | - |
| 8 | Ambev | 45.08 Bn | 31.10 Bn | 2.06 Bn | 17.25% |
| 9 | Keurig Dr Pepper | 42.81 Bn | 43.05 Bn | 3.07 Bn | 1.94% |
| 10 | Andina Bottling | 24.58 Bn | -1,306.46 Bn | 698.26 Mn | -2,128.12% |
Historic Data
| Date | Value |
|---|---|
| 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 | 32.33% |
| Jun 30, 2023 | 27.25% |
| Mar 31, 2023 | 16.13% |
| Dec 31, 2022 | 3.00% |
| Sep 30, 2022 | 27.10% |
| Jun 30, 2022 | 30.59% |
| Mar 31, 2022 | 14.61% |
| Dec 31, 2021 | -1.96% |
| Sep 30, 2021 | 29.03% |
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_KEY
import 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();