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) Return on assets

Alert me on Return on assets

Ambev S.A.'s return on assets over the twelve months to 30 September 2026 was 11.7%, up 1.8 percentage points from fiscal 2025 (9.90%). Over the past ten years it has ranged from 8.82% (fiscal 2020) to 14.0% (fiscal 2016); the current reading is higher than 45% of that period. That is above the Beverages Brewers industry median of 3.93% and above the Consumer Defensive sector median of 0.45%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 9.90% 0.46
FY2024 9.44% (1.46)
FY2023 10.9% 0.21
FY2022 10.7% 1.29
FY2021 9.40% 0.58
FY2020 8.82% (2.76)
FY2019 11.6% 0.19
FY2018 11.4% 2.43
FY2017 8.96% (4.99)
FY2016 14.0% 0.95

Against its own ten years

Low 8.82% High 14.0%
Ten-year median 10.7%
Current reading's percentile 45

Return on assets against peers

Company Return on assets
ABEV Ambev S.A. 11.7%
STZ Constellation Brands Inc compare 8.85%
FMX Fomento Economico Mexicano S.A.B. de C.V. compare 4.61%
TAP Molson Coors Beverage Company compare 3.93%
CCU Compania Cervecerias Unidas, S.A. compare 3.12%
BUD Anheuser-Busch InBev SA/NV compare 0.00%
SAM The Boston Beer Company, Inc. compare −5.88%
Beverages Brewers industry median 3.93%
Consumer Defensive sector median 0.45%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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