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 0.04 +1.45%
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

Ambev S.A. (ABEV) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Ambev S.A. (ABEV) trades at a EV/EBITDA of 7.6×. Over the past ten years it has ranged from 4.2× (January 2025) to 18.1× (March 2018); the current reading is higher than 19% of that period. That is below the Beverages Brewers industry median of 10.5× and below the Consumer Defensive sector median of 9.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 6.7× 48.96%
FY2024 4.5× (44.56%)
FY2023 8.1× (3.94%)
FY2022 8.4× (14.86%)
FY2021 9.9× (8.87%)
FY2020 10.8× (19.43%)
FY2019 13.4× 30.77%
FY2018 10.3× (36.31%)
FY2017 16.1× 21.13%
FY2016 13.3× 33.45%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 7.9× (12.61%)
Jun 2026 9.1× 18.12%
Mar 2026 7.7× 28.61%
Sep 2025 6.0× (9.71%)
42 more quarters

Against its own ten years

Low 4.2× High 18.1×
Ten-year median 10.0×
Current reading's percentile 19

EV/EBITDA against peers

Company EV/EBITDA
SAM The Boston Beer Company, Inc. compare n/m
TAP Molson Coors Beverage Company compare 7.0×
ABEV Ambev S.A. 7.6×
FMX Fomento Economico Mexicano S.A.B. de C.V. compare 10.0×
STZ Constellation Brands Inc compare 10.9×
CCU Compania Cervecerias Unidas, S.A. compare 11.6×
BUD Anheuser-Busch InBev SA/NV compare 13.8×
Beverages Brewers industry median 10.5×
Consumer Defensive sector median 9.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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