Ambev (ABEV) Retained Earnings (2011 - 2025)

Ambev (ABEV) reported Retained Earnings of $20.0 billion for Q4 2025, up 6.84% on a YoY basis from $18.8 billion in Q4 2024, and up 2.1% quarter-over-quarter from $19.6 billion in Q3 2025.

Ambev (ABEV) Retained Earnings (2011 - 2025) Analysis & Trends

Ambev has reported Retained Earnings for 15 years, with the latest figure 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.
  • The five-year high for Retained Earnings was $20.0 billion in Q4 2025, with the low at $1.2 billion in Q2 2021.
  • Historically, Retained Earnings has averaged $17.1 billion across 5 years, with a median of $18.1 billion in 2023.
  • Annual changes were most pronounced in 2021 — Retained Earnings slumped 91.28% — and 2022, when it jumped 1327.72%.
  • Ambev's Retained Earnings stood at $15.5 billion in 2021, then grew by 13.23% to $17.5 billion in 2022, then climbed by 13.66% to $19.9 billion in 2023, then decreased by 5.92% to $18.8 billion in 2024, then climbed 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 3,586.00 Bn 387.52 Bn 1,049.07 Bn
2 Anheuser-Busch InBev 143.88 Bn 131.66 Bn 8.61 Bn 50.13 Bn
3 Ambev 35.18 Bn 31.41 Bn 2.42 Bn 20.03 Bn
4 Constellation Brands 26.02 Bn 25.92 Bn 951.70 Mn 423.20 Mn
5 Mexican Economic Development 19.03 Bn 13.06 Bn - -
6 Molson Coors Beverage 7.85 Bn 7.59 Bn 897.20 Mn 5.78 Bn
7 Boston Beer 1.90 Bn 1.74 Bn 213.96 Mn -487,000.00
8 NFiniTi - - - -318,794.00
9 Molson Coors Beverage - - 897.20 Mn 5.78 Bn
10 Anheuser-Busch InBev - - 8.61 Bn 50.13 Bn

Historic Data

Download Data
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