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Ambev S.A.

ABEVConsumer DefensiveNASDAQ

Beverages - Brewers · Last scanned May 30, 2026

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Financials · Annual
Revenue
$88.24B
-1.4% YoY
Net Income
$15.50B
+7.4% YoY
EBITDA
$28.97B
-0.1% YoY
Free Cash Flow
$18.20B

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About Ambev S.A.

Headquartered within the consumer defensive sector, Ambev S.A. focuses on Beverages - Brewers services and products. Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, soft drinks, malt and food, and other beverages in Brazil, Central America and Caribbean,. Valued at $49.99B, ABEV is a large-cap name in its sector. The company offers beer, ready-to-drink cocktails and spritzers, soft drinks, water, teas, and isotonic drinks under the Brahma, Skol, Antarctica, Original, Quilmes, Andes Origen, Patricia, Paceha, Huari, Pilsen, Presidente, Balboa, Guaraná Antarctica, and Beats brands.

Key stats
Market Cap$49.99B
P/E (TTM)16.05
Fwd P/E14.44
EPS$0.20
Beta0.23
52W Change+31.6%
Dividend Yield4.82%
ROE17.3%
Analysis

The balance sheet looks solid with $19.64B in cash comfortably exceeding the $3.11B debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Annual free cash flow of $18.20B supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 17.2% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 9.8% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $79.71B to $88.24B.

With a beta below 0.7, Ambev S.A. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Ambev S.A.'s trajectory.

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