Brazil was Ambev’s largest segment in fiscal 2024, bringing in $40.22B of $81.07B (50%).
| Segments [axis] | FY 2015 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2024 |
|---|---|---|---|---|---|---|
| North Latin America Segment | — | — | ||||
| North Latin America Segment - Brazil | — | — | ||||
| Brazil | — | $40.22B | ||||
| Brazil 1 | $30.54B | — | ||||
| North Latin America Segment - Brazil Beer Operations | — | — | ||||
| Latin America - South | — | $19.83B | ||||
| South Latin America | $16.57B | — | ||||
| South Latin America Segment | — | — | ||||
| Canada | $10.75B | $9.99B | ||||
| Canada Segment | — | — | ||||
| Cac | $9.95B | $11.02B | ||||
| C A C | — | — | ||||
| North Latin America Segment - Brazil Soft Drink & Non-Alcoholic And Non-Carbonated Operations | — | — | ||||
| North Latin America Segment - Central America Operations, Excluding Latin America South Segment | — | — | ||||
| Total | $67.80B | $81.07B |
Ambev brought in $81.07B from its four segments in fiscal 2024, the year ended December 31, 2024. Ambev regrouped these segments after fiscal 2021, so the total does not compare directly with that year's $67.80B. Brazil was the largest at $40.22B (49.6%), ahead of Latin America - South at $19.83B (24.5%) and Cac at $11.02B (13.6%). The remaining segment, Canada, brought in $9.99B.
Compared with fiscal 2021, the previous year with figures, Cac grew 10.8% to $11.02B, while Canada fell 7.0% to $9.99B.
Ambev began breaking out Brazil in fiscal 2024 and Latin America - South in fiscal 2024. Ambev stopped reporting Brazil 1 ($30.54B in fiscal 2021) and South Latin America ($16.57B in fiscal 2021) as separate segments.
Ambev (ABEV) reports its revenue by segments [axis]. In fiscal 2024, Brazil was its largest segment, bringing in $40.22B (49.6% of the total), followed by Latin America - South at $19.83B (24.5%).
Brazil was Ambev's largest segment in fiscal 2024, bringing in $40.22B, or 49.6% of the $81.07B total across its four segments.
Every figure comes from Ambev's annual financial filings, as reported. Each line keeps the name Ambev gives it, and years follow its fiscal calendar.
Ambev's revenue by segments [axis] goes back to fiscal 2015, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.