Ambev (ABEV) Tax Rate (2012 - 2025)
Ambev (ABEV) posted Tax Rate of 23.64% for Q4 2025, down 251.95% on a QoQ basis from 6.72% in Q3 2025, and up 365.0% year-over-year from 5.08% in Q4 2024.
Ambev (ABEV) Tax Rate (2012 - 2025) Analysis & Trends
Ambev's Tax Rate history runs 14 years deep, the most recent figure standing at 23.64% for Q4 2025.
- Quarterly Tax Rate rose 365.0% year-over-year to 23.64% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 17.62% (up 595.0% YoY) and the FY2025 annual result came in at 17.68%, down 614.0% from the prior year.
- Tax Rate was 23.64% for Q4 2025 at Ambev, down from 6.72% in the prior quarter.
- Across five years, Tax Rate topped out at 18.9% in Q3 2021 and bottomed at 28.55% in Q2 2024.
- A 5-year average of 7.98% and a median of 7.71% in 2021 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate soared 2617 bps — and 2024, when it tumbled 3807 bps.
- Ambev's Tax Rate stood at 8.7% in 2021, then surged by 301 bps to 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.
- Business Quant data shows ABEV's Tax Rate at 23.64% in Q4 2025, 6.72% in Q3 2025, and 18.4% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,345.35 Bn | 3,704.13 Bn | 387.52 Bn | -23.58% |
| 2 | Mexican Economic Development | 1,208.01 Bn | 1,201.85 Bn | - | - |
| 3 | Anheuser-Busch InBev | 165.16 Bn | 152.94 Bn | 8.61 Bn | 0.00% |
| 4 | Ambev | 49.20 Bn | 45.43 Bn | 2.42 Bn | -23.64% |
| 5 | Constellation Brands | 23.15 Bn | 23.06 Bn | 1.32 Bn | 11.59% |
| 6 | Molson Coors Beverage | 8.13 Bn | 7.74 Bn | 897.20 Mn | 22.91% |
| 7 | Boston Beer | 1.95 Bn | 1.69 Bn | 286.37 Mn | 28.69% |
| 8 | NFiniTi | 720.00 Mn | 719.98 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -23.64% |
| Dec 31, 2025 | -23.64% |
| Dec 31, 2025 | -23.64% |
| Sep 30, 2025 | -6.72% |
| Sep 30, 2025 | -6.72% |
| Sep 30, 2025 | -6.72% |
| Jun 30, 2025 | -18.40% |
| Jun 30, 2025 | -18.40% |
| Jun 30, 2025 | -18.40% |
| Mar 31, 2025 | -21.66% |
| Mar 31, 2025 | -21.66% |
| Mar 31, 2025 | -21.66% |
| Dec 31, 2024 | -27.29% |
| Dec 31, 2024 | -27.29% |
| Dec 31, 2024 | -27.29% |
| Sep 30, 2024 | -23.63% |
| Sep 30, 2024 | -23.63% |
| Sep 30, 2024 | -23.63% |
| Jun 30, 2024 | -28.55% |
| Jun 30, 2024 | -28.55% |