Revenue
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Ambev S.a. (ABEV)
Price$3.05Cached quote
Net income
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | R$88.24B | R$89.45B | R$79.74B | R$79.71B | R$72.85B | R$58.38B | R$52.01B | R$50.23B | R$47.90B | R$45.60B | R$46.72B |
| Gross profit | R$45.38B | R$45.84B | R$40.45B | R$39.29B | R$37.19B | R$31.31B | R$30.33B | R$30.98B | R$29.87B | R$28.92B | R$30.66B |
| Gross margin | 51.42% | 51.24% | 50.72% | 49.29% | 51.05% | 53.64% | 58.32% | 61.68% | 62.36% | 63.43% | 65.62% |
| Operating expenses | R$22.06B | R$24.04B | R$218.0M | R$21.60B | R$20.11B | R$15.34B | R$14.25B | R$13.83B | R$13.32B | R$11.82B | R$11.88B |
| Operating income | R$23.32B | R$21.80B | R$18.83B | R$17.69B | R$17.08B | R$15.97B | R$16.07B | R$17.15B | R$16.55B | R$17.11B | R$18.78B |
| Operating margin | 26.42% | 24.37% | 23.62% | 22.19% | 23.44% | 27.36% | 30.91% | 34.14% | 34.56% | 37.51% | 40.19% |
| EBITDA | R$29.21B | R$28.04B | R$24.56B | R$23.13B | R$22.09B | R$20.64B | R$20.23B | R$21.30B | R$20.30B | R$20.31B | R$21.61B |
| EBITDA margin | 33.10% | 31.35% | 30.80% | 29.02% | 30.32% | 35.35% | 38.89% | 42.40% | 42.39% | 44.54% | 46.25% |
| Net income | R$15.99B | R$14.85B | R$14.96B | R$14.89B | R$13.12B | R$11.73B | R$12.19B | R$11.35B | R$7.79B | R$13.08B | R$12.88B |
| Net profit margin | 18.12% | 16.60% | 18.76% | 18.68% | 18.01% | 20.10% | 23.44% | 22.59% | 16.26% | 28.69% | 27.57% |
| Basic EPSper basic share | R$0.99 | R$0.92 | R$0.92 | R$0.92 | R$0.81 | R$0.72 | R$0.75 | R$0.70 | R$0.46 | R$0.80 | R$0.79 |
| Diluted EPSper diluted share | R$0.99 | R$0.91 | R$0.92 | R$0.91 | R$0.80 | R$0.72 | R$0.74 | R$0.69 | R$0.46 | R$0.79 | R$0.79 |
Owners
Reported shareholders
Reported holdings Number of shares
View holders
| Holder | Shares held |
|---|---|
First Eagle Investment Management, LLC | 698.65M |
GQG Partners LLC | 185.07M |
BlackRock, Inc. | 33.06M |
GOLDMAN SACHS GROUP INC | 28.98M |
LOOMIS SAYLES & CO L P | 27M |
RENAISSANCE TECHNOLOGIES LLC | 24.91M |
Seafarer Capital Partners, LLC | 24.07M |
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 23M |
BRANDES INVESTMENT PARTNERS, LP | 20.53M |
EXCHANGE TRADED CONCEPTS, LLC | 13.63M |
BANK OF AMERICA CORP /DE/ | 12.87M |
MORGAN STANLEY | 12.75M |
Allspring Global Investments Holdings, LLC | 11.83M |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 11.49M |
PRIVATE MANAGEMENT GROUP INC | 10.84M |
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 10.72M |
RWC Asset Management LLP | 10.55M |
CITADEL ADVISORS LLC | 10.04M |
DIMENSIONAL FUND ADVISORS LP | 9.88M |
STATE STREET CORP | 8.28M |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| May 5, 2026Form 4 | Zagman Paulo AndreSee Remarks | SellCommon Shares | 136.3K | $3.41 | $464.6K | 230.5K |
| Mar 27, 2026Form 4 | Cavalcanti de Lacerda Eduardo BragaSee Remarks | SellCommon Shares | 152.4K | $2.85 | $434.3K | 223.3K |
| Mar 24, 2026Form 4 | Malik Parente GuilhermeSee Remarks | SellCommon Shares | 21.0K | $2.76 | $57.9K | 26.7K |