Ambev (ABEV) Tax Rate (2012 - 2026)
Ambev's (ABEV) quarterly Tax Rate came in at 19.92% in Q2 2026, down 153.0% on a YoY basis from 37.59% in Q2 2025, and up 6.06% quarter-over-quarter from 21.21% in Q1 2026.
Analysis
Ambev (ABEV) Tax Rate (2012 - 2026) Analysis & Trends
Ambev (ABEV) has reported Tax Rate for 15 consecutive years, with 19.92% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 153.0% year-over-year to 19.92%; the trailing twelve-month figure through Jun 2026 stood at 18.02% (up 549.0% YoY), and the FY2025 full-year result was 17.68%, up 614.0% from the prior year.
- Tax Rate climbed to 19.92% in Q2 2026 per ABEV's latest filing, from 21.21% in the prior quarter.
- Across five years, Tax Rate topped out at 17.47% in Q4 2022 and bottomed at 28.55% in Q2 2024.
- Historically, Tax Rate has averaged 10.31% across 5 years, with a median of 14.2% in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 2293 bps in 2023, then sank 3807 bps in 2024.
- Over 5 years, Tax Rate stood at 17.47% in 2022, then sank by 124 bps to 4.19% in 2023, then sank by 551 bps to 27.29% in 2024, then climbed by 13 bps to 23.64% in 2025, then increased by 16 bps to 19.92% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 19.92%, 21.21%, and 23.64% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ambev | 47.48 Bn | 43.85 Bn | 2.06 Bn | -19.92% |
| 2 | Constellation Brands | 21.38 Bn | 21.29 Bn | 1.32 Bn | 11.59% |
| 3 | Molson Coors Beverage | 7.22 Bn | 5.09 Bn | 1.06 Bn | 21.72% |
| 4 | United Breweries | 2.18 Bn | -370.84 Bn | 252.83 Bn | -52.24% |
| 5 | Boston Beer | 1.74 Bn | 1.47 Bn | 286.37 Mn | 28.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -19.92% |
| Mar 31, 2026 | -21.21% |
| Dec 31, 2025 | -23.64% |
| Sep 30, 2025 | -6.72% |
| Jun 30, 2025 | -18.40% |
| Mar 31, 2025 | -21.66% |
| Dec 31, 2024 | -27.29% |
| Sep 30, 2024 | -23.63% |
| Jun 30, 2024 | -28.55% |
| Mar 31, 2024 | -15.00% |
| Dec 31, 2023 | -4.19% |
| Sep 30, 2023 | -1.10% |
| Jun 30, 2023 | 9.52% |
| Mar 31, 2023 | -1.51% |
| Dec 31, 2022 | 17.47% |
| Sep 30, 2022 | 14.66% |
| Jun 30, 2022 | -13.41% |
| Mar 31, 2022 | -1.03% |
| Dec 31, 2021 | 47.59% |
| Sep 30, 2021 | 18.90% |