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) Return on invested capital
Ambev S.A.'s return on invested capital over the twelve months to 30 September 2026 was 19.5%, down 1.1 percentage points from fiscal 2025 (20.5%). Over the past ten years it has ranged from 15.5% (fiscal 2022) to 30.4% (fiscal 2015); the current reading is higher than 64% of that period. That is above the Beverages Brewers industry median of 5.99% and above the Consumer Defensive sector median of 0.96%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 20.5% | 1.58 |
| FY2024 | 18.9% | 1.35 |
| FY2023 | 17.6% | 2.11 |
| FY2022 | 15.5% | (0.23) |
| FY2021 | 15.7% | (1.22) |
| FY2020 | 16.9% | (1.97) |
| FY2019 | 18.9% | (3.11) |
| FY2018 | 22.0% | (3.78) |
| FY2017 | 25.8% | 1.31 |
| FY2016 | 24.5% | (5.95) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| ABEV Ambev S.A. | 19.5% |
| FMX Fomento Economico Mexicano S.A.B. de C.V. compare | 14.5% |
| STZ Constellation Brands Inc compare | 9.11% |
| CCU Compania Cervecerias Unidas, S.A. compare | 5.99% |
| TAP Molson Coors Beverage Company compare | 5.15% |
| BUD Anheuser-Busch InBev SA/NV compare | 0.00% |
| SAM The Boston Beer Company, Inc. compare | −14.1% |
| Beverages Brewers industry median | 5.99% |
| Consumer Defensive sector median | 0.96% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on ABEV
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- 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
- 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