GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
A

Ambev SA ADR ABEV · USD

Consumer Staples · US listing · 🇺🇸 United States

Compare

2.76

-1.08%

Close of 9 Nov 2026, in USD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$17.23bn

FY2016FY2025

Net income

$3.03bn

FY2016FY2025

Free cash flow

$3.88bn

FY2016FY2025

Shareholders' equity

$17.17bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$17.23bn$17.47bn$15.57bn$15.57bn$14.23bn$11.40bn$10.16bn$9.81bn$9.35bn$8.91bn
Gross profit$8.86bn$8.95bn$7.90bn$7.67bn$7.26bn$6.12bn$5.92bn$6.05bn$5.83bn$5.65bn
Operating income$4.36bn$4.26bn$3.68bn$3.45bn$3.34bn$3.12bn$3.14bn$3.35bn$3.23bn$3.34bn
Net income$3.03bn$2.82bn$2.83bn$2.82bn$2.47bn$2.22bn$2.30bn$2.15bn$1.42bn$2.45bn
Diluted earnings per share0.190.180.180.180.160.140.140.140.090.15

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$28.93bn$31.74bn$25.91bn$26.94bn$27.07bn$24.45bn$19.87bn$18.38bn$16.96bn$16.37bn
Cash and short-term investments$3.97bn$5.83bn$3.19bn$3.00bn$3.62bn$3.67bn$2.33bn$2.24bn$2.02bn$1.59bn
Total liabilities$11.59bn$12.29bn$10.25bn$10.67bn$10.66bn$9.77bn$7.65bn$7.47bn$7.98bn$7.26bn
Debt$278.2m$312.6m$329.9m$750.9m$611.5m$936.0m$127.6m$379.1m$334.0m$709.1m
Shareholders' equity$17.17bn$19.27bn$15.42bn$16.01bn$16.14bn$14.42bn$11.97bn$10.99bn$8.90bn$8.75bn
Shares outstanding15,656m15,810m15,828m15,839m15,859m15,869m15,872m15,859m15,841m15,827m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$4.78bn$5.10bn$4.83bn$4.03bn$4.47bn$3.68bn$3.59bn$3.58bn$3.57bn$2.41bn
Capital spending−$896.5m−$927.5m−$1.17bn−$1.28bn−$1.50bn−$916.5m−$990.1m−$697.4m−$625.7m−$807.1m
Free cash flow$3.88bn$4.17bn$3.65bn$2.76bn$2.97bn$2.77bn$2.60bn$2.89bn$2.94bn$1.60bn
Dividends paid−$4.00bn−$792.2m−$2.33bn−$2.39bn−$2.17bn−$1.34bn−$1.54bn−$1.72bn−$1.72bn−$2.02bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$3.94bn$4.39bn$4.85bn$4.07bn$3.92bn$4.39bn$5.28bn$4.32bn
Gross profit$2.04bn$2.26bn$2.55bn$2.10bn$1.96bn$2.26bn$2.83bn$2.17bn
Operating income$929.7m$1.15bn$1.44bn$1.23bn$859.2m$1.12bn$1.47bn$1.04bn
Net income$661.5m$736.0m$848.9m$926.7m$530.8m$721.4m$953.2m$675.8m
Diluted earnings per share0.040.050.050.060.030.050.060.04
Cash from operations$920.0m$617.0m$2.59bn$1.35bn$595.0m$235.0m$2.72bn$1.58bn
Capital spending−$171.0m−$91.0m−$318.0m−$203.0m−$212.0m−$161.0m−$296.0m−$231.0m
Free cash flow$749.0m$526.0m$2.27bn$1.15bn$383.0m$74.0m$2.42bn$1.35bn
Total assets$26.99bn$27.88bn$28.93bn$27.49bn$27.76bn$28.77bn$31.74bn$28.77bn
Cash and short-term investments$3.58bn$3.84bn$3.97bn$3.88bn$3.42bn$3.97bn$5.83bn$4.09bn
Debt$576.0m$261.4m$278.2m$256.8m$616.7m$628.5m$312.6m$660.2m
Shareholders' equity$17.25bn$17.60bn$17.17bn$17.97bn$18.06bn$18.46bn$19.27bn$19.17bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue3.4%8.6%6.6%
Operating income8.1%6.9%1.7%
Net income2.4%6.4%2.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin51.3%50.7%51.1%54.9%
Operating margin24.8%23.9%24.3%28.0%
Net margin16.8%17.5%17.7%19.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings12.910.415.715.317.921.932.128.972.131.7
Price to sales2.31.72.92.83.14.37.36.310.98.7

Market value over time

31 Oct 2016 to 16 Sept 2026, in USD

$93.54bn$46.58bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return23%-32%5%7%-12%-33%17%-37%29%13%

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.