# Ambev S.a. (ABEV)

Source page: https://stoqly.net/companies/abev

- **Ticker:** ABEV (NYSE)
- **Sector:** Consumer Staples / Beverages
- **SEC CIK:** 0001565025
- **Latest annual report:** 20-F filed 2026-03-03 (https://www.sec.gov/Archives/edgar/data/1565025/000129281426000640/abevform20f_2025.htm)
- **Data updated:** 2026-11-01

## Key figures

- **Last close:** $2.66 on 2026-10-30
- **Market cap:** $41.7B
- **P/E (trailing):** 15.0x
- **EPS, trailing 12 months:** $0.18
- **Revenue (FY2025):** $15.8B
- **Revenue growth:** −4.9%
- **Revenue growth, 5-year CAGR:** +6.9%
- **Gross margin:** 51.4%
- **Operating margin:** 26.4%
- **Net margin:** 17.6%
- **Free cash flow:** $3.6B
- **Free cash flow margin:** 22.5%
- **Return on invested capital:** 24.8%
- **Return on equity:** 17.3%
- **Net debt:** −$2.8B
- **Change in share count:** −0.8%
- **Piotroski F-score:** 6/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

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## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/abev/figures.csv

| US$ millions | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 13,072 | 15,010 | 13,737 | 13,183 | 11,321 | 13,506 | 15,427 | 15,964 | 16,600 | 15,784 |
| Operating income | 4,903 | 5,187 | 4,690 | 4,075 | 3,097 | 3,166 | 3,423 | 3,770 | 4,046 | 4,171 |
| Net income | 3,597 | 2,278 | 3,007 | 2,986 | 2,207 | 2,349 | 2,798 | 2,903 | 2,679 | 2,773 |
| Diluted EPS (US$) | 0.23 | 0.14 | 0.19 | 0.19 | 0.14 | 0.15 | 0.18 | 0.18 | 0.17 | 0.18 |
| Operating cash flow | 3,539 | 5,722 | 5,017 | 4,659 | 3,656 | 4,245 | 3,995 | 4,947 | 4,843 | 4,373 |
| Free cash flow | 2,382 | 4,719 | 4,041 | 3,374 | 2,746 | 2,822 | 2,731 | 3,745 | 3,962 | 3,552 |
| Cash | 2,420 | 3,126 | 2,954 | 2,961 | 3,290 | 2,985 | 2,823 | 3,310 | 4,624 | 3,403 |
| Debt and leases | 543 | 771 | 1,057 | 7,128 | 7,152 | 7,552 | 8,158 | 722 | 558 | 618 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.