Ambev S.A - ADR Financials

$3.02

$0.00 (0.00%)

As on 11-Sep-2026 16:04EDT

Market cap

$46,866 Mln

Revenue (TTM)

$88,268 Mln

P/E Ratio

15.2

P/B Ratio

2.7

Div. Yield

5.3 %

Income Statement (R$ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Operating Revenue	88,268.31	88,242.50	89,452.70	79,736.90	79,708.80	72,854.30
Cost of Revenue	42,454.26	42,864.10	43,615.10	39,291.60	40,422.10	35,659.70
Gross Profit	45,814.05	45,378.40	45,837.60	40,445.30	39,286.70	37,194.60
Operating Expenses	21,487.75	23,055.80	24,035.90	21,614.30	21,598.90	20,114.30
Operating Profit (EBIT)	24,326.30	22,322.60	21,801.70	18,831.00	17,687.80	17,080.30
Other Income	--	--	--	--	--	--
Profit before Tax	20,416.36	19,421.70	19,487.30	15,035.90	14,235.60	13,759.20
Provision for Tax	3,662.91	3,433.30	4,640.40	75.50	-655.60	636.60
Profit after Tax (Net Income)	16,246.90	15,503.40	14,437.20	14,501.90	14,457.90	12,671.00
Minority Interest	-506.56	-485.00	-409.70	-434.20	-433.30	-451.60
Consolidated Profit	--	--	--	--	14,457.94	12,670.97

Liabilities (R$ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Shareholder's Funds	88,313.20	87,914.04	98,642.10	78,969.30	81,955.60	82,643.00
Minority Interest	-506.56	--	--	--	--	--
Non-Current Liabilities	9,693.90	13,738.60	13,538.60	11,495.40	14,089.80	15,718.70
Current Liabilities	39,621.90	45,599.31	49,389.20	41,005.10	40,540.40	38,866.20
Total Liabilities	177,830.90	148,112.68	162,507.95	132,644.30	137,958.10	138,602.50

Assets (R$ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Non-Current Assets	97,734.40	104,237.09	108,352.17	96,081.20	100,141.40	99,975.30
Current Assets	40,474.60	43,875.60	54,155.78	36,563.10	37,816.70	38,627.10
Total Assets	177,830.90	148,112.68	162,508.30	132,644.30	137,958.00	138,602.50
Total Debt*	2,949.00	5,349.59	3,452.70	3,501.10	3,845.00	3,131.10
Net Current Assets	852.70	-1,723.60	4,766.80	-4,442.00	-2,723.80	-239.30

Cashflow (R$ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Cash From Operating Activities	--	24,450.40	26,098.80	24,711.40	20,642.20	22,901.00
Cash Flow from Investing Activities	--	-4,950.10	-5,463.40	-5,766.00	-5,004.14	-7,734.88
Cash from Financing Activities	--	-26,771.50	-10,352.00	-16,115.20	-16,337.90	-16,041.80
Net Cash Inflow / Outflow	--	--	--	--	--	--

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Adjusted EPS (R$)	1.04	0.99	0.91	0.92	0.91	0.80
Cash EPS (R$)	0.20	1.43	1.36	1.32	1.29	1.14
Adjusted Book Value (R$)	1.12	5.62	6.24	4.99	5.17	5.21
Dividend per Share (R$)	5.30	--	--	--	--	--
Cash Flow per Share (R$)	--	1.56	1.65	1.56	1.30	1.44
Free Cash Flow per Share (R$)	--	1.27	1.35	1.18	0.89	0.96

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
ROCE (%)	--	15.87	15.64	17.24	16.85	15.42
ROE (%)	17.86	16.62	16.26	18.02	17.57	16.20
ROA (%)	9.11	9.98	9.78	10.72	10.46	9.61
EBIT Margin (%)	26.21	25.09	24.47	22.39	21.49	21.41
Net Margin (%)	18.41	17.57	16.14	18.19	18.14	17.39
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Revenue Growth (%)	-3.76	-0.01	0.12	0.00	0.09	0.25
EBIT Growth (%)	4.17	1.17	22.60	4.22	9.82	-0.07
Net Profit Growth (%)	9.93	7.39	-0.45	0.30	14.10	11.35
EPS Growth (%)	11.05	0.08	0.00	0.00	0.14	0.11
Book Value Growth (%)	-3.54	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Debt to Equity	0.02	0.06	0.04	0.04	0.05	0.04
Short term debt to equity ratio	0.01	0.01	0.01	0.02	0.01	0.01
Current Ratio	1.02	0.96	1.10	0.89	0.93	0.99
Quick Ratio	0.76	0.73	0.86	0.66	0.61	0.71
Interest Coverage	8.50	8.14	9.13	30.86	28.73	10.89

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Debtors to sales (%)	9.34	11.59	11.01	11.51	10.29	6.58
Asset Turnover	0.49	0.57	0.61	0.59	0.58	0.55
Receivable days	--	41.56	38.85	39.81	29.77	22.80
Inventory Days	--	94.63	89.22	104.77	108.08	95.29
Payable days	--	203.74	202.74	220.89	223.22	227.47
Cash Conversion Cycle	--	-67.55	-74.66	-76.31	-85.36	-109.39

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Income Statement (R$ Mln)