AmBev/$ABEV

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About AmBev

Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev's subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving AB InBev a controlling interest of 62%.

Ticker

$ABEV

Primary listing

NYSE

Employees

43,000

Headquarters

São Paulo, Brazil

AmBev Metrics

BasicAdvanced
$36B
13.18
$0.17
0.35
$0.15
3.83%

What the Analysts think about AmBev

Analyst ratings (Buy, Hold, Sell) for AmBev stock.

Bulls say / Bears say

Normalized EBITDA rose 7.6% year-over-year to R$6.15 billion in Q2 2025, with normalized EBITDA margin up 110 basis points to 30.6%, reflecting strong revenue management and cost controls (AmBev 6-K).
AmBev’s digital businesses are strengthening its core, as Zé Delivery’s gross merchandise value grew 7% year-over-year in Q2 and average order value increased 11%, supporting deeper consumer relationships and higher-premium sales (AmBev 6-K).
The company keeps its investment-grade credit rating (Baa2 at Moody’s, BBB+ at S&P) and maintains broad access to bank financing and capital markets, ensuring healthy liquidity and funding flexibility (AmBev 6-K).
Consolidated volumes dropped 4.5% year-over-year in Q2 2025, led by a 6.5% decline in Brazil beer and a 4.4% decrease in Central America and the Caribbean, highlighting weak market demand and challenging weather conditions (AmBev 6-K).
AmBev’s Q2 net revenue was R$20.09 billion, missing analysts’ consensus of R$21.35 billion, and EPS came in at R$0.17, below the R$0.18 estimate, indicating short-term revenue challenges (Reuters).
Cash cost of goods sold per hectoliter increased 8.9% in Q2 2025, mainly due to adverse foreign exchange and higher commodity costs, especially aluminum, posing potential margin pressure if these trends continue (AmBev 6-K).
Data summarised monthly by Lightyear AI. Last updated on 4 Sept 2025.

AmBev Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

AmBev Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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Oct14
AmBev
DividendPayment
$0.022963Per share
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