stockrowAmbev 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
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Ambev S.A. (ABEV) Gross margin
Ambev S.A.'s gross margin over the twelve months to 30 September 2026 was 51.5%, up 0.0 percentage points from fiscal 2025 (51.4%). Over the past ten years it has ranged from 49.3% (fiscal 2022) to 65.6% (fiscal 2015); the current reading is higher than 45% of that period. That is in line with the Beverages Brewers industry median of 49.1% and above the Consumer Defensive sector median of 34.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 51.4% | 0.18 |
| FY2024 | 51.2% | 0.52 |
| FY2023 | 50.7% | 1.43 |
| FY2022 | 49.3% | (1.76) |
| FY2021 | 51.1% | (2.59) |
| FY2020 | 53.6% | (5.15) |
| FY2019 | 58.8% | (2.85) |
| FY2018 | 61.6% | (0.69) |
| FY2017 | 62.3% | (1.10) |
| FY2016 | 63.4% | (2.19) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 51.0% | (0.89) |
| Jun 2026 | 51.9% | 0.30 |
| Mar 2026 | 51.6% | 0.10 |
| Sep 2025 | 51.5% | 1.47 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| BUD Anheuser-Busch InBev SA/NV compare | 56.5% |
| STZ Constellation Brands Inc compare | 52.7% |
| ABEV Ambev S.A. | 51.5% |
| SAM The Boston Beer Company, Inc. compare | 49.1% |
| CCU Compania Cervecerias Unidas, S.A. compare | 44.7% |
| FMX Fomento Economico Mexicano S.A.B. de C.V. compare | 40.5% |
| TAP Molson Coors Beverage Company compare | 35.9% |
| Beverages Brewers industry median | 49.1% |
| Consumer Defensive sector median | 34.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement