Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev's subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving AB InBev a controlling interest of 62%.
2005
42.2K+
LTM Revenue $16.9B
LTM EBITDA $5.4B
$33.4B
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As of August 2025, Ambev reported last 12-month revenue of $16.9B and EBITDA of $5.4B.
In the same period, Ambev generated $8.6B in LTM gross profit and $2.7B in net income.
See Ambev valuation multiples based on analyst estimatesIn the most recent fiscal year, Ambev reported revenue of $16.5B and EBITDA of $5.4B.
Ambev expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See Ambev valuation multiples based on analyst estimatesLTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Revenue | $16.9B | XXX | $16.5B | XXX | XXX | XXX |
Gross Profit | $8.6B | XXX | $8.5B | XXX | XXX | XXX |
Gross Margin | 51% | XXX | 51% | XXX | XXX | XXX |
EBITDA | $5.4B | XXX | $5.4B | XXX | XXX | XXX |
EBITDA Margin | 32% | XXX | 32% | XXX | XXX | XXX |
EBIT | $4.1B | XXX | $4.0B | XXX | XXX | XXX |
EBIT Margin | 24% | XXX | 24% | XXX | XXX | XXX |
Net Profit | $2.7B | XXX | $2.7B | XXX | XXX | XXX |
Net Margin | 16% | XXX | 16% | XXX | XXX | XXX |
Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
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Ambev has current market cap of BRL 195B (or $36.0B), and EV of BRL 181B (or $33.4B).
As of September 12, 2025, Ambev's stock price is BRL 13 (or $2).
See Ambev trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$33.4B | $36.0B | XXX | XXX | XXX | XXX | $0.17 |
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Start Free TrialAmbev's trades at 2.0x EV/Revenue multiple, and 6.2x EV/EBITDA.
See valuation multiples for Ambev and 15K+ public compsAs of September 12, 2025, Ambev has market cap of $36.0B and EV of $33.4B.
Equity research analysts estimate Ambev's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Ambev has a P/E ratio of 13.3x.
LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Market cap (current) | $36.0B | XXX | $36.0B | XXX | XXX | XXX |
EV (current) | $33.4B | XXX | $33.4B | XXX | XXX | XXX |
EV/Revenue | 2.0x | XXX | 2.0x | XXX | XXX | XXX |
EV/EBITDA | 6.2x | XXX | 6.2x | XXX | XXX | XXX |
EV/EBIT | 8.1x | XXX | 8.4x | XXX | XXX | XXX |
EV/Gross Profit | 3.9x | XXX | n/a | XXX | XXX | XXX |
P/E | 13.3x | XXX | 13.5x | XXX | XXX | XXX |
EV/FCF | 10.2x | XXX | 8.5x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialAmbev's last 12 month revenue growth is 5%
Ambev's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.1M for the same period.
Ambev's rule of 40 is 35% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Ambev's rule of X is 44% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Ambev and other 15K+ public compsLTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Revenue Growth | 5% | XXX | 4% | XXX | XXX | XXX |
EBITDA Margin | 32% | XXX | 32% | XXX | XXX | XXX |
EBITDA Growth | 4% | XXX | 10% | XXX | XXX | XXX |
Rule of 40 | 35% | XXX | 37% | XXX | XXX | XXX |
Bessemer Rule of X | XXX | XXX | 44% | XXX | XXX | XXX |
Revenue per Employee | XXX | XXX | $0.4M | XXX | XXX | XXX |
Opex per Employee | XXX | XXX | $0.1M | XXX | XXX | XXX |
S&M Expenses to Revenue | XXX | XXX | 23% | XXX | XXX | XXX |
G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
Opex to Revenue | XXX | XXX | 27% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
EV/Revenue | EV/EBITDA | |||||
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2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
Heineken | XXX | XXX | XXX | XXX | XXX | XXX |
Shepherd Neame | XXX | XXX | XXX | XXX | XXX | XXX |
Endeavour Group | XXX | XXX | XXX | XXX | XXX | XXX |
Treasury Wine Estates | XXX | XXX | XXX | XXX | XXX | XXX |
Domain Costa Lazaridi | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Ambev acquired XXX companies to date.
Last acquisition by Ambev was XXXXXXXX, XXXXX XXXXX XXXXXX . Ambev acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
---|---|---|---|
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialWhen was Ambev founded? | Ambev was founded in 2005. |
Where is Ambev headquartered? | Ambev is headquartered in Brazil. |
How many employees does Ambev have? | As of today, Ambev has 42.2K+ employees. |
Who is the CEO of Ambev? | Ambev's CEO is Mr. Carlos Eduardo Klutzenschell Lisboa. |
Is Ambev publicy listed? | Yes, Ambev is a public company listed on BVMF. |
What is the stock symbol of Ambev? | Ambev trades under ABEV3 ticker. |
When did Ambev go public? | Ambev went public in 2013. |
Who are competitors of Ambev? | Similar companies to Ambev include e.g. Heineken, Shepherd Neame, Endeavour Group, Treasury Wine Estates. |
What is the current market cap of Ambev? | Ambev's current market cap is $36.0B |
What is the current revenue of Ambev? | Ambev's last 12 months revenue is $16.9B. |
What is the current revenue growth of Ambev? | Ambev revenue growth (NTM/LTM) is 5%. |
What is the current EV/Revenue multiple of Ambev? | Current revenue multiple of Ambev is 2.0x. |
Is Ambev profitable? | Yes, Ambev is EBITDA-positive (as of the last 12 months). |
What is the current EBITDA of Ambev? | Ambev's last 12 months EBITDA is $5.4B. |
What is Ambev's EBITDA margin? | Ambev's last 12 months EBITDA margin is 32%. |
What is the current EV/EBITDA multiple of Ambev? | Current EBITDA multiple of Ambev is 6.2x. |
What is the current FCF of Ambev? | Ambev's last 12 months FCF is $3.3B. |
What is Ambev's FCF margin? | Ambev's last 12 months FCF margin is 19%. |
What is the current EV/FCF multiple of Ambev? | Current FCF multiple of Ambev is 10.2x. |
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