Ambev S.A. (ABEV) Earnings History
Annual and quarterly earnings data from 2000 to 2025
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ABEV EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
ABEV Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 51.4% | 25.3% | 17.6% |
| 2024 | 51.2% | 24.4% | 16.1% |
| 2023 | 50.7% | 23.6% | 18.2% |
| 2022 | 49.3% | 22.2% | 18.1% |
| 2021 | 51.1% | 23.4% | 17.4% |
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Ambev S.A. (ABEV) Earnings Overview
As of May 7, 2026, Ambev S.A. (ABEV) reported trailing twelve-month net income of $15.50B, reflecting +8.8% year-over-year growth. The company earned $0.99 per diluted share over the past four quarters, with a net profit margin of 17.6%.
Looking at the long-term picture, ABEV's 5-year EPS compound annual growth rate (CAGR) stands at +6.6%, showing solid earnings momentum. The company achieved its highest annual net income of $15.50B in fiscal 2025, representing a new all-time high.
Ambev S.A. maintains industry-leading profitability with a gross margin of 51.4%, operating margin of 25.3%, and net margin of 17.6%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including BUD ($12.57B net income, 9.8% margin), TAP (-$2.11B net income, -19.2% margin), SAM (-$61M net income, 5.2% margin), ABEV has outperformed on profitability metrics. Compare ABEV vs BUD →
ABEV Earnings vs Peers
Earnings metrics vs comparable public companies
ABEV Historical Earnings Data (2000–2025)
26 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $15.50B | +7.4% | $22.32B | $0.99 | 17.6% | 25.3% |
| 2024 | $14.44B | -0.4% | $21.80B | $0.91 | 16.1% | 24.4% |
| 2023 | $14.50B | +0.3% | $18.83B | $0.92 | 18.2% | 23.6% |
| 2022 | $14.46B | +14.1% | $17.69B | $0.91 | 18.1% | 22.2% |
| 2021 | $12.67B | +11.4% | $17.08B | $0.80 | 17.4% | 23.4% |
| 2020 | $11.38B | -3.4% | $15.97B | $0.72 | 19.5% | 27.4% |
| 2019 | $11.78B | +7.1% | $16.07B | $0.74 | 22.7% | 30.9% |
| 2018 | $10.99B | +51.3% | $17.15B | $0.70 | 21.9% | 34.1% |
| 2017 | $7.27B | -42.1% | $16.55B | $0.47 | 15.2% | 34.6% |
| 2016 | $12.55B | +1.0% | $17.11B | $0.79 | 27.5% | 37.5% |
Full ABEV Stock Analysis
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Start ComparisonABEV — Frequently Asked Questions
Quick answers to the most common questions about buying ABEV stock.
Is ABEV growing earnings?
ABEV EPS stands at $0.99, with +8.8% growth matching the 5-year CAGR of +6.6%. TTM net income is $15.5B. Earnings trajectory remains consistent.
What are ABEV's profit margins?
Ambev S.A. net margin is +17.6%, with operating margin at +25.3%. Above-average margins indicate pricing power.
How consistent are ABEV's earnings?
ABEV earnings data spans 2000-2025. The current earnings trend is +8.8% YoY. Historical data enables comparison across business cycles.