ABEVAmbev S.A.

$3.20+40% 1Y

Is it growing?

Mixed

Neither accelerating nor breaking down: nothing decisive, though operating margin widening (+3.0 points).

1 good, 2 neutral
Revenue trend−1% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +9% a year.

Earnings trend+8% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing faster than revenue, so margins or the share count are helping.

Margin direction+3.0 points operating

Trailing-twelve-month operating margin, 26.4% now against 23.4% a year earlier.

All from SEC EDGAR, as of Dec 31, 2025.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is ABEV growing?

Ambev S.A. has grown revenue 3.5% a year over three years and 8.6% a year over five, with earnings per share compounding at 2.7%.

+3.5%

Revenue growth, 3-year annual rate · Beverages - Brewers median −1.6% · growing slowly · compounded from fiscal years as filed

Revenue growth, 5-year rate
+8.6%

Revenue growth, 5-year rate · +3.5% over three · growth has slowed since the five-year average

Earnings per share, 3-year rate
+2.7%

Earnings per share, 3-year rate · revenue +3.5% · earnings lagged revenue: the growth is costing something

Years of annual history on file
11

Years of annual history on file · FY2015 to FY2025, as filed

Details›
Revenue FY2021
$72.9B
Revenue FY2022
$79.7B
Revenue FY2023
$79.7B
Revenue FY2024
$89.5B
Revenue FY2025
$88.2B

Annual income statements as filed with the SEC.