Growth Metrics

Ambev (ABEV) Retained Earnings (2011 - 2025)

Ambev posted quarterly Retained Earnings of $20.0 billion for Q4 2025, up 6.84% year-on-year from $18.8 billion in Q4 2024, and up 2.1% on a QoQ basis from $19.6 billion in Q3 2025.

Ambev (ABEV) has 15 years of Retained Earnings data on file, last reported at $20.0 billion in Q4 2025.

  • For the quarter ending Q4 2025, Retained Earnings rose 6.84% year-over-year to $20.0 billion; the trailing twelve-month figure through Dec 2025 stood at $20.0 billion (up 6.84% YoY), and the FY2025 full-year result was $20.0 billion, up 6.84% from the prior year.
  • Retained Earnings for Q4 2025 stood at $20.0 billion, up from $19.6 billion in the prior quarter.
  • Across five years, Retained Earnings topped out at $20.0 billion in Q4 2025 and bottomed at $1.2 billion in Q2 2021.
  • The 5-year median for Retained Earnings is $18.1 billion (2023), against an average of $17.1 billion.
  • The widest annual swing landed in 2021, when Retained Earnings plunged 91.28%; it then jumped 1327.72% in 2022.
  • A 5-year view of Retained Earnings shows it stood at $15.5 billion in 2021, then increased by 13.23% to $17.5 billion in 2022, then grew by 13.66% to $19.9 billion in 2023, then slipped by 5.92% to $18.8 billion in 2024, then grew by 6.84% to $20.0 billion in 2025.
  • The last three Retained Earnings figures came in at $20.0 billion (Q4 2025), $19.6 billion (Q3 2025), and $18.9 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 United Breweries 4,105.18 Bn 3,730.53 Bn 387.52 Bn 1,049.07 Bn
2 Anheuser-Busch InBev 144.87 Bn 132.65 Bn 8.61 Bn 50.13 Bn
3 Mexican Economic Development 102.46 Bn 96.50 Bn - -
4 Constellation Brands 26.22 Bn 26.12 Bn 951.70 Mn 423.20 Mn
5 Ambev 9.36 Bn 5.68 Bn 2.42 Bn 20.03 Bn
6 Molson Coors Beverage 8.04 Bn 7.77 Bn 897.20 Mn 5.78 Bn
7 Boston Beer 1.99 Bn 1.83 Bn 213.96 Mn -487,000.00

Historic Data

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DateValue
Dec 31, 2025 20.03 Bn
Sep 30, 2025 19.62 Bn
Jun 30, 2025 18.87 Bn
Mar 31, 2025 18.34 Bn
Dec 31, 2024 18.75 Bn
Sep 30, 2024 17.77 Bn
Jun 30, 2024 18.94 Bn
Mar 31, 2024 19.96 Bn
Dec 31, 2023 19.93 Bn
Sep 30, 2023 18.94 Bn
Jun 30, 2023 18.65 Bn
Mar 31, 2023 17.78 Bn
Dec 31, 2022 17.53 Bn
Sep 30, 2022 16.50 Bn
Jun 30, 2022 17.63 Bn
Mar 31, 2022 16.52 Bn
Dec 31, 2021 15.49 Bn
Sep 30, 2021 15.54 Bn
Jun 30, 2021 1.23 Bn
Mar 31, 2021 14.82 Bn
Dec 31, 2020 14.99 Bn
Sep 30, 2020 14.11 Bn
Jun 30, 2020 14.17 Bn
Mar 31, 2020 17.17 Bn
Dec 31, 2019 18.39 Bn
Sep 30, 2019 2.19 Bn
Jun 30, 2019 1.52 Bn
Mar 31, 2019 803.71 Mn
Dec 31, 2018 18.42 Bn
Sep 30, 2018 1.84 Bn
Jun 30, 2018 547.40 Mn
Mar 31, 2018 666.03 Mn
Dec 31, 2017 19.52 Bn
Sep 30, 2017 537.41 Mn
Jun 30, 2017 530.13 Mn
Mar 31, 2017 700.17 Mn
Dec 31, 2016 19.50 Bn
Sep 30, 2016 1.80 Bn
Jun 30, 2016 791.23 Mn
Mar 31, 2016 710.99 Mn
Dec 31, 2015 16.28 Bn
Sep 30, 2015 974.05 Mn
Jun 30, 2015 913.28 Mn
Mar 31, 2015 658.43 Mn
Dec 31, 2014 23.62 Bn
Sep 30, 2014 1.72 Bn
Jun 30, 2014 1.61 Bn
Mar 31, 2014 604.05 Mn
Dec 31, 2013 26.97 Bn
Dec 31, 2012 25.11 Mn
Dec 31, 2011 30.25 Mn