Ambev (ABEV) Operating Margin (2012 - 2025)

Ambev's Operating Margin history runs 14 years deep, the most recent figure standing at 27.83% for Q4 2025.

• Quarterly Operating Margin changed 0.0% year-over-year to 27.83% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 26.49% (up 223.0% YoY) and the FY2025 annual result came in at 26.42%, up 205.0% from the prior year.
• Operating Margin was 27.83% for Q4 2025 at Ambev, down from 30.25% in the prior quarter.
• Across five years, Operating Margin topped out at 30.25% in Q3 2025 and bottomed at 18.24% in Q2 2023.
• A 5-year average of 23.93% and a median of 23.96% in 2021 frame the typical range for Operating Margin.
• Peak annual rise in Operating Margin reached 833 bps in 2021, while the deepest fall reached 1658 bps in 2021.
• Ambev's Operating Margin stood at 23.47% in 2021, then grew by 2 bps to 23.92% in 2022, then climbed by 17 bps to 28.0% in 2023, then slipped by 1 bps to 27.83% in 2024, then rose by 0 bps to 27.83% in 2025.
• Business Quant data shows ABEV's Operating Margin at 27.83% in Q4 2025, 30.25% in Q3 2025, and 21.9% in Q2 2025.