Ambev (ABEV) Retained Earnings (2011 - 2025)
Ambev (ABEV) posted Retained Earnings of $20.0 billion for Q4 2025, up 2.1% on a QoQ basis from $19.6 billion in Q3 2025, and up 6.84% year-over-year from $18.8 billion in Q4 2024.
Ambev (ABEV) Retained Earnings (2011 - 2025) Analysis & Trends
Ambev's Retained Earnings history runs 15 years deep, the most recent figure standing at $20.0 billion for Q4 2025.
- Quarterly Retained Earnings rose 6.84% year-over-year to $20.0 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $20.0 billion (up 6.84% YoY) and the FY2025 annual result came in at $20.0 billion, down 1.49% from the prior year.
- Retained Earnings was $20.0 billion for Q4 2025 at Ambev, 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.
- A 5-year average of $17.1 billion and a median of $18.1 billion in 2023 frame the typical range for Retained Earnings.
- Annual changes were most pronounced in 2021 — Retained Earnings sank 91.28% — and 2022, when it jumped 1327.72%.
- Ambev's Retained Earnings stood at $15.5 billion in 2021, then rose by 13.23% to $17.5 billion in 2022, then increased by 13.66% to $19.9 billion in 2023, then dropped by 5.92% to $18.8 billion in 2024, then increased by 6.84% to $20.0 billion in 2025.
- Business Quant data shows ABEV's Retained Earnings at $20.0 billion in Q4 2025, $19.6 billion in Q3 2025, and $18.9 billion in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,315.79 Bn | 3,674.57 Bn | 387.52 Bn | -27.63 Bn |
| 2 | Mexican Economic Development | 1,198.28 Bn | 1,192.13 Bn | - | - |
| 3 | Anheuser-Busch InBev | 166.56 Bn | 154.34 Bn | 8.61 Bn | 50.13 Bn |
| 4 | Ambev | 49.20 Bn | 45.43 Bn | 2.42 Bn | 20.03 Bn |
| 5 | Constellation Brands | 23.08 Bn | 22.99 Bn | 1.32 Bn | 14.05 Bn |
| 6 | Molson Coors Beverage | 8.13 Bn | 7.75 Bn | 897.20 Mn | -1.14 Bn |
| 7 | Boston Beer | 1.96 Bn | 1.69 Bn | 286.37 Mn | 5.22 Mn |
| 8 | NFiniTi | 720.00 Mn | 719.98 Mn | - | -318,794.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |