Ambev SA

Ambev SA

3.30
USD
+0.02
(+0.69%)
0.21EPS
15.59P/E
48.63BMarket Cap
Oct 29Next Earn
Ambev SA
LSE:0A6X
(London Stock Exchange)

Recent

price

3.30

P/E

ratio

15.59

div

yld

4.87%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
BRL
1.63
1.67
3.34
2.76
2.42
2.96
2.9
3.04
3.19
3.3
3.7
4.62
5.05
5.05
5.67
5.64
5.66
Revenue per Share
0.49
0.32
0.65
0.75
0.77
0.79
0.8
0.46
0.7
0.75
0.72
0.8
0.92
0.92
0.92
0.99
1.04
Basic EPS, GAAP
0.49
0.58
1.16
0.91
0.73
1.16
0.52
0.96
0.94
0.84
0.9
0.97
0.89
1.19
1.35
1.27
1.54
Free Cash Flow per Basic Share
0.32
0.34
0.58
0.58
0.77
0.73
0.66
0.56
0.56
0.5
0.43
0.7
0.78
0.76
0.26
1.31
0.83
Dividend per Share
1.57
1.48
1.62
2.74
2.68
3.07
2.85
2.9
3.57
3.89
4.68
5.24
5.19
5
6.26
5.62
5.7
Book Value per Share
0.33
-0.17
-0.27
0.81
0.7
0.78
0.58
0.6
1.02
1.27
1.66
2
2.04
1.96
2.65
2.26
2.43
Tangible Book Value per Share
15,516
16,292
9,716
12,708
15,719
15,763
15,733
15,747
15,755
15,764
15,770
15,774
15,779
15,781
15,771
15,654
15,606
Basic Weighted Avg Shares
25,233
27,127
32,478
35,079
38,080
46,720
45,603
47,899
50,231
52,005
58,379
72,854
79,709
79,737
89,453
88,243
88,268
Sales/Revenue/Turnover
39.51
41.31
41.37
41.88
41.11
40.03
34.11
33.91
33.7
31.23
27.51
23.6
21.83
23.54
24.04
25.3
26.39
Operating Margin (%)
1,567
1,662
1,953
2,105
2,393
3,075
3,512
4,037
4,448
4,675
5,167
5,397
5,956
6,418
7,126
6,832
6,551
Depreciation Expense
7,561
5,146
6,346
9,557
12,066
12,424
12,547
7,269
10,995
11,780
11,379
12,671
14,458
14,502
14,437
15,503
16,247
Net Income, GAAP
21.48
22.37
18.28
17.88
13.97
22.01
2.35
39.33
13.52
5.83
13.06
4.63
- -
0.5
23.81
17.68
17.94
Effective Tax Rate (%)
29.97
18.97
19.54
27.24
31.68
26.59
27.51
15.18
21.89
22.65
19.49
17.39
18.14
18.19
16.14
17.57
18.41
Profit Margin (%)
2,356
325
977
3,456
-1,096
-1,827
-4,887
-4,704
121
2,610
1,865
-239
-2,724
-4,442
4,767
-1,724
853
Working Capital
4,164
1,890
2,316
1,865
1,635
2,317
1,766
2,831
2,162
2,410
2,054
2,254
2,788
2,203
2,176
2,220
1,875
LT Debt
24,565
33,125
37,523
44,225
43,645
50,334
46,651
47,564
57,455
62,556
75,151
84,018
83,328
80,144
99,581
88,775
88,893
Total Equity
23.96
24.85
27.34
26.92
27.17
27.18
29.37
17.78
24.04
22.12
17.86
18.35
- -
20.37
16.59
18.41
19.86
Return on Invested Capital (%)
26.27
7.34
8
19.13
27.03
25.82
26.84
15.42
21.36
20.59
17.67
16.72
- -
19.72
16.99
17.68
19.1
Return on Capital (%)
32.61
21.69
26.18
27.95
28.32
27.44
26.94
16.08
21.59
20.05
16.85
16.2
17.57
18.02
16.26
16.62
17.97
Return on Common Equity (%)

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,167
1,104
1,074
LT Borrowings
257
234
1,875
LT Finance Leases
1,963
1,767
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15,653
15,633
15,489
Market Capitalization
211,755
234,753
251,393

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
43,876
42,833
40,475
Cash, Cash Equivalents & STI
20,320
19,641
18,346
Accounts Receivable, Net
6,352
5,931
5,569
Inventories
10,520
10,399
10,416
Total Current Liabilities
45,599
41,664
39,622
Payables & Accruals
38,312
34,375
32,102
ST Debt
1,167
1,104
1,074
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.5%
4.11%
-10.85%
Free Cash Flow
6.27%
7.98%
-6.98%
Net Income, GAAP
4.66%
6.54%
7.39%
Sales/Revenue/Turnover
6.84%
9.02%
-1.35%
Total Cash Common Dividend
35.98%
81.65%
404.47%

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20,276
20,044
22,097
27,035
89,453
2025
22,497
20,090
20,847
24,808
88,243
2026
22,464
20,149
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.23
0.15
0.22
0.31
0.92
2025
0.24
0.17
0.3
0.28
0.99
2026
0.24
0.22
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
0.01
0.25
0.26
2025
0.42
0.13
0.13
0.62
1.31
2026
- -
0.08
- -
- -
- -
Business
Ambev S.A. produces, distributes and sells beer, draft beer, carbonated soft drinks, malt beverages, other alcoholic beverages, non-alcoholic and non-carbonated products primarily in Brazil, Central America and the Caribbean, Latin America South, and Canada. The company offers a broad portfolio of beer brands including Skol, Brahma, Antarctica, Budweiser, Stella Artois, Corona, Quilmes, Labatt, Presidente, Bucanero and Cristal; carbonated soft drinks, bottled water, isotonic beverages, energy drinks, coconut water, powdered and natural juices, and ready-to-drink teas such as Guaraná Antarctica, Gatorade, H2OH!, Pepsi Black, Lipton Iced Tea, Fusion, Pepsi-Cola, Canada Dry, Squirt, Red Rock, Red Bull, Seven Up, Nutrl, Bud Light Seltzer, Palm Bay and Mike's; as well as craft beers from acquisitions like Wäls, Colorado, Bogotá Beer Company, Mill Street Brewery and balanced choice options including Michelob Ultra and Stella Pure Gold no-alcohol variants. Founded in 1999 through the merger of Companhia Cervejaria Brahma (established 1888) and Companhia Antarctica Paulista (established 1885), Ambev maintains headquarters in São Paulo, Brazil, and operates in 18 countries encompassing direct operations in Guatemala (serving El Salvador, Honduras and Nicaragua), Dominican Republic, Cuba, Panama, Barbados, Saint Vincent, Dominica, Antigua, Argentina, Bolivia, Chile, Paraguay and Uruguay through subsidiaries and alliances such as Quilmes and Cervecería Nacional Dominicana. As a subsidiary of Anheuser-Busch InBev, Ambev focuses on premiumization, digital transformation via its B2B platform BEES serving over 3 million monthly active retailers, and portfolio expansion into super premium and balanced choice segments. In recent developments, the company reports robust Q3 2025 performance with 7% net revenue growth, mid-teens expansion in premium brands nearing 50% market share in Brazil, doubled volumes for Stella Pure Gold, 100% GMV increase in Ze Delivery digital ecosystem, expanded environmental initiatives boosting investor confidence, and ongoing SKU optimization alongside rigorous zero-based budgeting for margin expansion.

Company News

  • Is Ambev (ABEV) a Solid Growth Stock? 3 Reasons to Think "Yes"

  • Are Consumer Staples Stocks Lagging Ambev (ABEV) This Year?

  • Bank of America Reaffirms Underperform Rating for Ambev (NYSE:ABEV)

  • Investors Buy Large Volume of Ambev Call Options (NYSE:ABEV)

  • Ambev S.A. $ABEV Stock Sold by Corient Private Wealth LP

  • Archford Capital Strategies LLC Sells 352,698 Shares of Ambev S.A. $ABEV

  • Ambev: Strong Beverage Leader That Can Win From Brazil's Election Uncertainty

  • Ambev S.A. $ABEV Shares Sold by Bank of America Corp DE

  • Ambev S.A. (ABEV) Q2 2026 Earnings Call Transcript

  • Ambev Q2 Earnings Call Highlights

  • CCU vs. ABEV: Which Stock Should Value Investors Buy Now?

  • Ambev (ABEV) Moves to Buy: Rationale Behind the Upgrade

  • Are Consumer Staples Stocks Lagging Ambev (ABEV) This Year?

  • How 770 Shares of This Beer Giant Yield About $100 a Year

  • Ambev: Don't Ignore This High-Quality Beverage Leader

  • Is Ambev (ABEV) Stock Outpacing Its Consumer Staples Peers This Year?

  • Ambev: The Market Has Sobered Up Recently

  • Ambev (ABEV) is an Incredible Growth Stock: 3 Reasons Why

  • Got $500? 1 Dirt-Cheap Dividend Powerhouse Under $5 to Buy and Hold Forever

  • Are Consumer Staples Stocks Lagging Ambev (ABEV) This Year?