Ambev (ABEV) Other Working Capital Changes (2012 - 2025)

Ambev's (ABEV) quarterly Other Working Capital Changes came in at -$56.7 million in Q2 2026, down 9.83% on a YoY basis from -$62.9 million in Q2 2025, and down 11.11% quarter-over-quarter from -$51.0 million in Q1 2026.

Analysis

Ambev (ABEV) Other Working Capital Changes (2012 - 2025) Analysis & Trends

Ambev (ABEV) has reported Other Working Capital Changes for 10 consecutive years, with -$56.7 million the latest figure, recorded in Q2 2026.

For the quarter ending Q2 2026, Other Working Capital Changes fell 9.83% year-over-year to -$56.7 million; the trailing twelve-month figure through Jun 2026 stood at -$210.8 million (up 4.21% YoY), and the FY2025 full-year result was -$213.7 million, up 6.66% from the prior year.
Other Working Capital Changes retreated to -$56.7 million in Q2 2026 per ABEV's latest filing, from -$51.0 million in the prior quarter.
Across five years, Other Working Capital Changes topped out at $4.6 million in Q1 2022 and bottomed at -$8685.9 in Q4 2023.
Historically, Other Working Capital Changes has averaged $1.5 million across 5 years, with a median of $565220.4 in 2021.
The widest YoY moves for Other Working Capital Changes: up 23.51% in 2022, down 96.14% in 2022.
Over 5 years, Other Working Capital Changes stood at -$52.8 million in 2022, then plunged by 34.89% to -$71.2 million in 2023, then increased by 18.85% to -$57.8 million in 2024, then grew by 2.06% to -$56.6 million in 2025, then slipped by 0.2% to -$56.7 million in 2026.
According to Business Quant data, Other Working Capital Changes over the past three periods registered -$56.7 million, -$51.0 million, and -$56.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Set

Peer Comparison

All peers

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)
1	Coca Cola	379.05 Bn	367.07 Bn	8.42 Bn
2	Diageo	209.58 Bn	209.63 Bn	-
3	Coca Cola Femsa Sab De Cv	185.97 Bn	185.19 Bn	2.06 Bn
4	Pepsico	177.68 Bn	167.14 Bn	13.11 Bn
5	Monster Beverage	86.02 Bn	82.60 Bn	1.42 Bn
6	Ambev	46.18 Bn	42.67 Bn	2.06 Bn
7	Coca-Cola Europacific Partners	44.77 Bn	44.20 Bn	-
8	Keurig Dr Pepper	43.22 Bn	45.90 Bn	3.07 Bn
9	Andina Bottling	28.97 Bn	-301.93 Bn	698.26 Mn
10	Constellation Brands	19.91 Bn	19.81 Bn	1.32 Bn

Historic Data

Download Data

Date	Value
Mar 31, 2025	4.04 Mn
Mar 31, 2025	4.04 Mn
Jun 30, 2024	-2,692.55
Jun 30, 2024	-2,692.55
Mar 31, 2024	3.54 Mn
Mar 31, 2024	3.54 Mn
Dec 31, 2023	-8,685.87
Dec 31, 2023	-8,685.87
Mar 31, 2023	2.80 Mn
Mar 31, 2023	2.80 Mn
Dec 31, 2022	6,843.14
Dec 31, 2022	6,843.14
Jun 30, 2022	-7,347.27
Jun 30, 2022	-7,347.27
Mar 31, 2022	4.55 Mn
Mar 31, 2022	4.55 Mn
Dec 31, 2021	1.02 Mn
Dec 31, 2021	1.02 Mn
Jun 30, 2021	565,220.41
Jun 30, 2021	565,220.41

API Access

Ambev Other Working Capital Changes 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=other-working-capital-changes&ticker=ABEV&period=max&api_key=YOUR_API_KEY

import requests

url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=ABEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();

API documentation

Ambev (ABEV) Other Working Capital Changes (2012 - 2025)