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) Revenue growth

Alert me on Revenue growth

Ambev S.A.'s revenue growth over the twelve months to 30 September 2026 was 1.54%, up 6.2 percentage points from fiscal 2025 (−4.70%). Over the past ten years it has ranged from −15.0% (fiscal 2020) to 19.2% (fiscal 2021); the current reading is higher than 45% of that period. That is in line with the Beverages Brewers industry median of 1.54% and below the Consumer Defensive sector median of 4.10%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 −4.70% (8.54)
FY2024 3.84% 0.40
FY2023 3.44% (10.93)
FY2022 14.4% (4.83)
FY2021 19.2% 34.23
FY2020 −15.0% (12.01)
FY2019 −3.02% 5.37
FY2018 −8.39% (23.13)
FY2017 14.7% 23.08
FY2016 −8.34% 4.00

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 18.5% 14.68
Jun 2026 3.83% 12.41
Mar 2026 −8.58% (4.65)
Sep 2025 −3.93% 3.74
42 more quarters

Against its own ten years

Low −15.0% High 19.2%
Ten-year median −3.02%
Current reading's percentile 45

Revenue growth against peers

Company Revenue growth
FMX Fomento Economico Mexicano S.A.B. de C.V. compare 26.2%
BUD Anheuser-Busch InBev SA/NV compare 9.19%
CCU Compania Cervecerias Unidas, S.A. compare 1.91%
ABEV Ambev S.A. 1.54%
TAP Molson Coors Beverage Company compare −1.58%
SAM The Boston Beer Company, Inc. compare −3.71%
STZ Constellation Brands Inc compare −4.32%
Beverages Brewers industry median 1.54%
Consumer Defensive sector median 4.10%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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