
Ambev S.A.
ABEVNYSEConsumer DefensiveBeverages - Alcoholic
Previous close
$2.88
+$0.05 · +1.77%
ABEV company overview
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GoAI snapshot
AI-powered factor overview
GoAI score
Buy
Favorable setup — positive multi-factor alignment
Valuation
84
Deep Value
Momentum
57
Neutral
Sentiment
59
Mixed
Risk resilience
81
Low Risk
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Company profile
Company websiteAmbev S.A., operating through its various subsidiaries, is a prominent player in the beverage and food industry across the Americas. The company is engaged in the manufacturing, marketing, and distribution of a diverse portfolio of products, including various types of beer (both packaged and on tap), carbonated soft drinks, other non-alcoholic beverages, malt, and food items. Its extensive operations are structured into four primary geographical divisions: Brazil; Central America and the Caribbean; Latin America South; and Canada. Ambev's vast selection of beer labels features widely recognized names such as Skol, Brahma, Antarctica, Brahva, Brahva Gold, Extra, Bud Light, Beck, Leffe, Hoegaarden, Bucanero, Cristal, Mayabe, Cacique, Presidente, Brahma Light, Presidente Light, Presidente Golden Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, Budweiser, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee. Beyond alcoholic offerings, the company also provides a comprehensive range of non-alcoholic drinks. These include bottled water, isotonic and energy beverages, coconut water, powdered and natural fruit juices, and ready-to-drink teas. These products are sold under popular brands like Guaraná Antarctica, Gatorade, H2OH!, Lipton Iced Tea, Fusion, Do Bem, Pepsi, Canada Dry, Squirt, Red Rock, Pepsi-Cola, Seven Up, Nutrl, Bud Light Seltzer, Palm Bay, and Mike's. Products are made available to consumers through a multifaceted distribution approach, combining its own direct distribution network with a system that leverages third-party distributors. Ambev S.A. was founded in 1885 and maintains its corporate headquarters in São Paulo, Brazil. It operates as a subsidiary of Interbrew International B.V.
- Industry
- Beverages - Alcoholic
- Sector
- Consumer Defensive
- Headquarters
- BR
- CEO
- Carlos Eduardo Klutzenschell Lisboa
- Listed since
- Mar 5, 1997
- Employees
- 39,000
Market position
Day range
Current $2.88
52-week range
Current $2.88
- Open
- $2.85
- Previous close
- $2.83
- Volume
- 23.92M
- 0.84× average
- Average volume
- 28.42M
- Average daily volume
- Market cap
- 44.5B USD
- Beta
- 0.27
- Market reference 1
- 50-day average
- $3.0486
- -5.53% below average
- 200-day average
- $2.8936
- -0.47% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 197.99B BRL
- EV / EBITDA
- 6.83×
- Earnings yield
- 7.34%
- Free cash flow yield
- 9.40%
Profitability & efficiency
- Return on equity
- 17.63%
- Return on assets
- 10.47%
- Return on invested capital
- 17.72%
Financial health
- Current ratio
- 0.96×
- Altman Z-score
- 4.07
- Piotroski F-score
- 7 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (BRL) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 88.24B BRL | 89.45B BRL | 79.74B BRL | 79.71B BRL | 72.85B BRL |
| Cost of goods sold | 42.86B BRL | 43.62B BRL | 39.29B BRL | 40.42B BRL | 35.66B BRL |
| Gross profit | 45.38B BRL | 45.84B BRL | 40.45B BRL | 39.29B BRL | 37.19B BRL |
| Selling, general, and administrative | 25.14B BRL | 26.39B BRL | 23.44B BRL | 23.97B BRL | 21.85B BRL |
| Operating expenses | 23.06B BRL | 24.04B BRL | 21.61B BRL | 21.6B BRL | 20.11B BRL |
| Interest income | 1.4B BRL | 1.62B BRL | 417.55M BRL | 419.72M BRL | 1.14B BRL |
| Interest expense | 2.72B BRL | 2.4B BRL | 578.43M BRL | 596.1M BRL | 1.43B BRL |
| Depreciation and amortization | 6.83B BRL | 7.13B BRL | 6.42B BRL | 5.96B BRL | 5.4B BRL |
| Operating income | 22.32B BRL | 21.8B BRL | 18.83B BRL | 17.69B BRL | 17.08B BRL |
| Net income | 15.5B BRL | 14.44B BRL | 14.5B BRL | 14.46B BRL | 12.67B BRL |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 18%
- 2 beats, 1 miss, 8 met estimates
- Average EPS surprise
- +3.19%
- 11 comparable reports
- Latest EPS result
- 0.04
- Estimate 0.04 · Met by 0.00%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Analyst price target
Average target
$3.18
10.42% upsideRating distribution
15 ratingsCorporate actions
Corporate action history
| Action | Effective date | Details | Record date | Payment date |
|---|---|---|---|---|
Stock split | Nov 11, 2013 | 5:1 | — | — |
Stock split | Dec 28, 2010 | 5:1 | — | — |
Stock split | Jun 9, 2005 | 6:5 | — | — |
Effective Nov 11, 2013
5:1
Effective Dec 28, 2010
5:1
Effective Jun 9, 2005
6:5
ABEV peers
ETFs holding ABEV
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Latin America 40 ETFILF69.85M1.93%3.72B USD0.47%$34.68+2.85%
First Eagle Overseas Equity ETFFEOE26.06M1.43%1.71B USD0.79%$56.68+0.85%
First Eagle Global Equity ETFFEGE19.06M0.78%2.4B USD0.79%$53.17+0.89%
Avantis Emerging Markets Equity ETFAVEM19.04M0.07%27.89B USD0.33%$94.24+0.75%
State Street SPDR Portfolio Emerging Markets ETFSPEM14.65M0.08%17.57B USD0.07%$52.38+0.61%
Vanguard FTSE All-World ex-US ETFVEU8.65M0.01%95.9B USD0.04%$85.69+0.82%
Brandes International ETFBINV6.61M1.22%208.51M USD0.70%$45.66+0.55%
Dimensional - Emerging Core Equity Market ETFDFAE4.26M0.04%10B USD0.29%$39.49+0.51%
iShares Latin America 40 ETFILF- Market value
- 69.85M
- Weight
- 1.93%
- AUM
- 3.72B USD
- Expense ratio
- 0.47%
- Price / 1D
- $34.68+2.85%
First Eagle Overseas Equity ETFFEOE- Market value
- 26.06M
- Weight
- 1.43%
- AUM
- 1.71B USD
- Expense ratio
- 0.79%
- Price / 1D
- $56.68+0.85%
First Eagle Global Equity ETFFEGE- Market value
- 19.06M
- Weight
- 0.78%
- AUM
- 2.4B USD
- Expense ratio
- 0.79%
- Price / 1D
- $53.17+0.89%
Avantis Emerging Markets Equity ETFAVEM- Market value
- 19.04M
- Weight
- 0.07%
- AUM
- 27.89B USD
- Expense ratio
- 0.33%
- Price / 1D
- $94.24+0.75%
State Street SPDR Portfolio Emerging Markets ETFSPEM- Market value
- 14.65M
- Weight
- 0.08%
- AUM
- 17.57B USD
- Expense ratio
- 0.07%
- Price / 1D
- $52.38+0.61%
Vanguard FTSE All-World ex-US ETFVEU- Market value
- 8.65M
- Weight
- 0.01%
- AUM
- 95.9B USD
- Expense ratio
- 0.04%
- Price / 1D
- $85.69+0.82%
Brandes International ETFBINV- Market value
- 6.61M
- Weight
- 1.22%
- AUM
- 208.51M USD
- Expense ratio
- 0.70%
- Price / 1D
- $45.66+0.55%
Dimensional - Emerging Core Equity Market ETFDFAE- Market value
- 4.26M
- Weight
- 0.04%
- AUM
- 10B USD
- Expense ratio
- 0.29%
- Price / 1D
- $39.49+0.51%
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