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Friday 6 November 2026 Export ABEV’s income statement to Excel — free account

Ambev S.A.

ABEV Consumer Defensive Beverages Brewers

Ambev S.A.’s revenue for fiscal 2025 (year ended December 2025) was $15.8 billion, down 4.70% from fiscal 2024.

Revenue
+18.5%
EPS
+83.7%
Free cash flow
+255.0%
Total debt
−5.21%

Quarter to September 2026, against a year earlier

2.80 0.01 +0.36%
Market cap
$42.3B
P/E
13.7×
Fwd P/E
—
Dividend yield
4.32%
F-score
7/9
Altman Z
3.94
Beneish M
−2.76
Dividend safety
27/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Ambev S.A. (ABEV) Debt to equity

Alert me on Debt to equity

Ambev S.A.'s debt to equity at the end of the quarter to 30 September 2026 was 0.0×, down 0.0× from fiscal 2025 (0.0×). Over the past ten years it has ranged from 0.0× (fiscal 2024) to 0.1× (fiscal 2016); the current reading is higher than 27% of that period. That is below the Beverages Brewers industry median of 0.6× and below the Consumer Defensive sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.0× 10.09%
FY2024 0.0× (20.59%)
FY2023 0.0× (3.53%)
FY2022 0.0× 22.76%
FY2021 0.0× (42.16%)
FY2020 0.1× 30.20%
FY2019 0.0× 16.39%
FY2018 0.0× (20.86%)
FY2017 0.1× (54.02%)
FY2016 0.1× 61.82%

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.0× (10.54%)
Jun 2026 0.0× (2.92%)
Mar 2026 0.0× 9.62%
Sep 2025 0.0× (7.96%)
42 more quarters

Against its own ten years

Low 0.0× High 0.1×
Ten-year median 0.0×
Current reading's percentile 27

Debt to equity against peers

Company Debt to equity
SAM The Boston Beer Company, Inc. compare 0.0×
ABEV Ambev S.A. 0.0×
FMX Fomento Economico Mexicano S.A.B. de C.V. compare 0.5×
TAP Molson Coors Beverage Company compare 0.6×
CCU Compania Cervecerias Unidas, S.A. compare 0.7×
BUD Anheuser-Busch InBev SA/NV compare 0.7×
STZ Constellation Brands Inc compare 1.2×
Beverages Brewers industry median 0.6×
Consumer Defensive sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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