The full income statement, balance sheet, and cash-flow statement for Ambev S.A. American Depositary Shares (Each representing 1 Common Share) (ABEV), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
Source: ABEV's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ABEV filings on SEC EDGAR → Not investment advice.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 15.8B YoY-4.7% | 16.6B YoY+3.8% | 16.0B YoY+3.4% | 15.4B YoY+14.4% | 13.5B YoY+19.1% | |
8.12B YoY-4.4% | 8.49B YoY+4.9% | 8.10B YoY+6.4% | 7.61B YoY+10.4% | 6.89B YoY+13.3% | ||
| Operating income | 4.17B YoY+3.3% | 4.04B YoY+7.2% | 3.77B YoY+10.0% | 3.43B YoY+8.2% | 3.17B YoY+2.0% | |
| Interest expense | 789M YoY+5.7% | 746M YoY-24.2% | 985M YoY-28.8% | 1.38B YoY+37.5% | 1.01B YoY-4.6% | |
| Pre-tax income | 3.48B YoY-3.8% | 3.61B YoY+20.0% | 3.01B YoY+9.1% | 2.76B YoY+8.2% | 2.55B YoY-2.7% | |
| Income tax | — | — | -15.1M YoY-111.9% | 127M YoY+207.7% | -118M YoY-134.5% | |
2.86B YoY+4.0% | 2.75B YoY-8.1% | 2.99B YoY+3.8% | 2.88B YoY+18.6% | 2.43B YoY+6.7% | ||
$0.18 YoY+4.6% | $0.17 YoY-7.7% | $0.18 YoY+3.7% | $0.18 YoY+19.3% | $0.15 YoY+6.3% | ||
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
7.99B YoY-8.8% | 8.76B YoY+16.3% | 7.54B YoY+5.3% | 7.15B YoY+3.2% | 6.93B YoY+1.9% | ||
26.4B YoY+0.5% | 26.3B YoY-3.8% | 27.3B YoY+4.8% | 26.1B YoY+4.9% | 24.9B YoY+3.2% | ||
8.31B YoY+3.9% | 7.99B YoY-5.4% | 8.45B YoY+10.2% | 7.67B YoY+9.9% | 6.98B YoY+8.2% | ||
10.3B YoY+0.7% | 10.2B YoY-5.9% | 10.8B YoY+4.7% | 10.3B YoY+5.5% | 9.80B YoY+1.7% | ||
16.0B YoY+0.3% | 16.0B YoY-1.9% | 16.3B YoY+5.0% | 15.5B YoY+4.5% | 14.8B YoY+4.4% | ||
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
4.38B YoY-9.5% | 4.84B YoY-2.2% | 4.95B YoY+23.7% | 4.00B YoY-5.8% | 4.24B YoY+15.9% | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | 9.14M YoY-89.9% | 90.6M YoY+809.1% | 9.97M YoY-81.3% | 53.3M YoY-8.8% | 58.4M YoY-92.0% | |
| Long-term debt repaid | 31.8M YoY-71.7% | 112M YoY+146.2% | 45.5M YoY+2.1% | 44.6M YoY-90.2% | 455M YoY+14.6% | |
| Common stock issued | -7.07M YoY-179.3% | 8.91M YoY+207.1% | 2.90M YoY-36.8% | 4.59M YoY+175.3% | 1.67M | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 YoY-100.0% | 109M YoY+57.3% | 69.2M YoY-85.9% | 491M YoY+49.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 38.9B YoY+33.5% | 29.2B YoY-33.9% | 44.1B YoY+3.0% | 42.8B YoY-2.9% | 44.1B YoY-8.4% | |
| P/E | 13.6× YoY+28.4% | 10.6× YoY-30.7% | 15.3× YoY-13.2% | 17.6× YoY-2.9% | 18.1× YoY-14.2% | |
| P/S | 2.5× YoY+40.2% | 1.8× YoY-38.4% | 2.9× YoY-9.9% | 3.2× YoY-2.9% | 3.3× YoY-23.1% | |
| P/B | 2.4× YoY+33.1% | 1.8× YoY-35.8% | 2.8× YoY-1.4% | 2.9× YoY-2.9% | 3.0× YoY-12.3% | |
7.3% YoY-22.1% | 9.4% YoY+44.3% | 6.5% YoY+15.1% | 5.7% YoY+2.9% | 5.5% YoY+16.6% | ||
— | — | 0.25% YoY+52.7% | 0.16% YoY-85.5% | 1.1% YoY+63.4% | ||
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
