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Ambev stock: growth

ABEV
$2.73Closing price of 12 Nov 2026MEQIRI Score 69 out of 100

Ambev reported $15.71B in revenue for fiscal 2025, down 1.4% on the prior year, up 8.6% a year on average over up to five years.

Daily figure as of 13 Nov 2026

Revenue (Annual rate)
8.9%
per year from 2006 to 2025, per share 8.6%
Earnings (Annual rate)
9.4%
per year from 2006 to 2025, per share 7.3%
Free cash flow (Annual rate)
8.1%
per year from 2006 to 2025, per share 7.8%

Growth per year by period

What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.

since 2020since 2015since 2006
Revenue8.6%6.6%8.9%
Revenue per share8.8%6.6%8.6%
Earnings6.4%2.2%9.4%
Earnings per share6.6%2.3%7.3%
Free cash flow7.0%0.8%8.1%
Free cash flow per share7.2%0.9%7.8%

Fiscal years at a glance

How revenue and earnings grow

  • Revenue
  • Earnings
  • Free cash flow
Figures as a table
YearRevenueEarningsFree cash flow
2006$3.14B$499.62M$811.74M
2007$3.49B$890.77M$1B
2008$3.69B$911.37M$903.57M
2009$4.13B$1.07B$1.29B
2010$4.49B$1.35B$1.38B
2011$4.83B$916.23M$1.69B
2012$5.78B$1.13B$2.01B
2013$6.25B$1.7B$2.05B
2014$6.78B$2.15B$2.03B
2015$8.32B$2.21B$3.26B
2016$8.12B$2.23B$1.46B
2017$8.53B$1.29B$2.68B
2018$8.94B$1.96B$2.63B
2019$9.26B$2.1B$2.37B
2020$10.39B$2.03B$2.52B
2021$12.97B$2.26B$2.71B
2022$14.19B$2.57B$2.51B
2023$14.2B$2.58B$3.33B
2024$15.93B$2.57B$3.8B
2025$15.71B$2.76B$3.54B

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = R$5.6169)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral since 13 Nov 2026, previously Strong
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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