United Breweries (CCU) Net Margin (2009 - 2026)
United Breweries recorded quarterly Net Margin of 6.57% in Q1 2026, up 439.72% quarter-over-quarter from 1.93% in Q2 2025, and down 49.0% year-over-year from 12.89% in Q1 2025.
United Breweries' Net Margin history runs 18 years deep, the most recent figure standing at 6.57% for Q1 2026.
- In Q1 2026, Net Margin fell 49.0% year-over-year to 6.57%; the TTM figure through Mar 2026 stood at 3.15% (up 314.0% YoY), while the FY2025 annual figure was 4.03%, down 151.0% from the prior year.
- Net Margin came in at 6.57% for Q1 2026 at United Breweries, up from 1.93% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 9.21% in Q1 2022 to a low of 1.93% in Q2 2025.
- A 5-year average of 5.27% and a median of 7.03% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin surged 338 bps in 2022 and plunged 340 bps in 2023, its largest moves.
- United Breweries' Net Margin stood at 8.96% in 2022, then declined by 19 bps to 7.29% in 2023, then gained by 5 bps to 7.66% in 2024, then tumbled by 125 bps to 1.93% in 2025, then soared by 440 bps to 6.57% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 6.57%, 1.93%, and 7.07% for Q1 2026, Q2 2025, and Q1 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,730.53 Bn | 387.52 Bn | 6.57% |
| 2 | Anheuser-Busch InBev | 144.87 Bn | 132.65 Bn | 8.61 Bn | 23.39% |
| 3 | Mexican Economic Development | 102.46 Bn | 96.50 Bn | - | - |
| 4 | Constellation Brands | 26.22 Bn | 26.12 Bn | 951.70 Mn | 11.70% |
| 5 | Ambev | 9.36 Bn | 5.68 Bn | 2.42 Bn | 29.56% |
| 6 | Molson Coors Beverage | 8.04 Bn | 7.77 Bn | 897.20 Mn | 5.52% |
| 7 | Boston Beer | 1.99 Bn | 1.83 Bn | 213.96 Mn | -33.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.57% |
| Jun 30, 2025 | -1.93% |
| Mar 31, 2025 | 7.07% |
| Dec 31, 2024 | 7.66% |
| Jun 30, 2024 | 0.00% |
| Mar 31, 2024 | 7.00% |
| Dec 31, 2023 | 7.29% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 7.97% |
| Dec 31, 2022 | 8.96% |
| Jun 30, 2022 | 3.40% |
| Mar 31, 2022 | 9.21% |
| Dec 31, 2021 | 8.96% |
| Sep 30, 2021 | 6.77% |
| Jun 30, 2021 | 0.02% |
| Mar 31, 2021 | 11.30% |
| Dec 31, 2020 | 9.18% |
| Sep 30, 2020 | 2.83% |
| Mar 31, 2020 | 9.49% |
| Dec 31, 2019 | 9.51% |
| Sep 30, 2019 | 2.21% |
| Sep 30, 2018 | 4.99% |
| Dec 31, 2017 | 10.87% |
| Jun 30, 2017 | 2.45% |
| Dec 31, 2016 | 11.55% |
| Sep 30, 2016 | 5.80% |
| Jun 30, 2016 | 2.04% |
| Mar 31, 2016 | 10.76% |
| Dec 31, 2015 | 8.98% |
| Sep 30, 2015 | 5.86% |
| Jun 30, 2015 | 5.97% |
| Mar 31, 2015 | 11.31% |
| Dec 31, 2014 | 12.29% |
| Sep 30, 2014 | 4.91% |
| Jun 30, 2014 | 8.90% |
| Mar 31, 2014 | 12.12% |
| Dec 31, 2013 | 13.03% |
| Sep 30, 2013 | 7.59% |
| Jun 30, 2013 | 6.34% |
| Dec 31, 2012 | 0.00% |
| Sep 30, 2012 | 7.13% |
| Jun 30, 2012 | 5.19% |
| Mar 31, 2012 | 14.29% |
| Dec 31, 2011 | 15.59% |
| Sep 30, 2011 | 10.04% |
| Jun 30, 2011 | 5.33% |
| Mar 31, 2011 | 18.79% |
| Dec 31, 2010 | 0.01% |
| Sep 30, 2010 | 10.13% |
| Jun 30, 2010 | 0.01% |
| Mar 31, 2010 | 0.00% |
| Dec 31, 2009 | 6,089.08% |
| Sep 30, 2009 | 10,349,158.79% |
| Jun 30, 2009 | 5.49% |
| Mar 31, 2009 | 5.10% |