What is the current annual gross margin of ABEV?

As of today, ABEV annual gross margin is 47.86%

What is 1-year change in ABEV annual gross margin?

ABEV annual gross margin is up +0.25% year-over-year

What is 3-year change in ABEV annual gross margin?

ABEV annual gross margin is up +3.75% over the past 3 years

How far is ABEV annual gross margin from its all-time high?

ABEV annual gross margin is currently -28.62% below its historical high of 67.05% set on December 31, 2011

How does ABEV annual gross margin rank versus sector peers?

ABEV annual gross margin is higher than 74.09% of companies in Consumer Defensive sector

When is ABEV next annual earnings release?

The next annual earnings release for ABEV is on February 11, 2027

What is the current quarterly gross margin of ABEV?

As of today, ABEV quarterly gross margin is 47.58%

What is ABEV quarterly gross margin most recent change?

ABEV quarterly gross margin was down -1.35% on September 30, 2026

What is 1-year change in ABEV quarterly gross margin?

ABEV quarterly gross margin is down -0.71% year-over-year

How far is ABEV quarterly gross margin from its all-time high?

ABEV quarterly gross margin is currently -32.17% below its historical high of 70.15% set on December 31, 2013

How does ABEV quarterly gross margin rank versus sector peers?

ABEV quarterly gross margin is higher than 70.00% of companies in Consumer Defensive sector

When is ABEV next earnings release?

The next earnings release for ABEV is on February 11, 2027

Ambev S.A. (ABEV) Gross Margin History & Chart Since 1996

Annual Gross Margin

47.86%0.12%+0.25%

December 31, 2025

Summary

Current Value: As of today, ABEV annual gross margin is 47.86%, up +0.25% on December 31, 2025
Historical Performance: ABEV annual gross margin is up +3.75% over the past 3 years, down -4.09% over the past 5 years
All-Time High Comparison: ABEV annual gross margin is currently -28.62% below its historical high of 67.05% set on December 31, 2011
3-Year Low Comparison: ABEV annual gross margin is +3.75% above its 3-year low of 46.13% reached on an earlier date
Sector Comparison: ABEV annual gross margin is higher than 74.09% of companies in Consumer Defensive sector

Gross Margin Chart

beforeafter

Performance

ABEV Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	47.86%	+0.3%	+3.8%	-4.1%	-27.4%
Quarterly Gross Margin	Sep 30, 26	47.58%	-0.7%	+2.5%	+0.7%	-28.5%
Price	Nov 10, 26	$2.78	+13.7%	+2.0%	-12.7%	-47.8%
PE Ratio	Nov 10, 26	14.33	+5.2%	-1.5%	-15.9%	-14.0%
Annual Revenue	Dec 31, 25	$15.79B	-4.8%	+2.3%	+39.6%	+9.9%
Annual Gross Profit	Dec 31, 25	$0.00	-100.0%	-100.0%	-100.0%	-100.0%
Annual Operating Margin	Dec 31, 25	22.68%	+3.6%	+11.2%	-3.2%	-41.3%
Annual Net Margin	Dec 31, 25	18.12%	+9.2%	-3.0%	-9.8%	-40.0%

Gross Margin Highs

ABEV Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	47.86%	Dec 31, 25	at high
5Y	49.90%	N/A	-4.1%
All	67.05%	Dec 31, 11	-28.6%

Gross Margin Lows

ABEV Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	46.13%	N/A	+3.8%
5Y	46.13%	Dec 31, 22	+3.8%
All	0.00%	Dec 31, 99	N/A

Gross Margin History

Year	Value	Change
2025	47.86%	+0.3%
2024	47.74%	+1.3%
2023	47.15%	+2.2%
2022	46.13%	-4.3%
2021	48.21%	-3.4%
2020	49.90%	-8.4%
2019	54.48%	-6.4%
2018	58.18%	-3.0%
2017	60.00%	-1.2%
2016	60.71%	-4.3%
2015	63.44%	-1.4%
2014	64.31%	-1.2%
2013	65.12%	-1.0%
2012	65.81%	-1.8%
2011	67.05%	+1.7%

Year	Value	Change
2010	65.93%	+3.0%
2009	64.01%	+2.7%
2008	62.31%	+15.6%
2007	53.91%	-1.2%
2006	54.57%	+9.2%
2005	49.97%	+5.2%
2004	47.49%	+4.6%
2003	45.41%	-2.4%
2002	46.53%	+11.4%
2001	41.75%	+1.9%
2000	40.96%	>+9,900.0%
1999	0.00%	-100.0%
1998	40.18%	+3.7%
1997	38.74%	-2.2%
1996	39.61%	-

FAQ

What is the current annual gross margin of ABEV?: As of today, ABEV annual gross margin is 47.86%
What is 1-year change in ABEV annual gross margin?: ABEV annual gross margin is up +0.25% year-over-year
What is 3-year change in ABEV annual gross margin?: ABEV annual gross margin is up +3.75% over the past 3 years
How far is ABEV annual gross margin from its all-time high?: ABEV annual gross margin is currently -28.62% below its historical high of 67.05% set on December 31, 2011
How does ABEV annual gross margin rank versus sector peers?: ABEV annual gross margin is higher than 74.09% of companies in Consumer Defensive sector
When is ABEV next annual earnings release?: The next annual earnings release for ABEV is on February 11, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

47.58%0.65%-1.35%

September 30, 2026

Summary

Current Value: As of today, ABEV quarterly gross margin is 47.58%, down -1.35% on September 30, 2026
Historical Performance: ABEV quarterly gross margin is down -0.71% year-over-year, up +2.52% over the past 3 years
All-Time High Comparison: ABEV quarterly gross margin is currently -32.17% below its historical high of 70.15% set on December 31, 2013
3-Year Low Comparison: ABEV quarterly gross margin is +3.52% above its 3-year low of 45.96% reached on June 30, 2024
Sector Comparison: ABEV quarterly gross margin is higher than 70.00% of companies in Consumer Defensive sector

Performance

ABEV Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	47.58%	-1.4%	-0.7%	+2.5%	+0.7%
Annual Gross Margin	Dec 31, 25	47.86%	–	+0.3%	+3.8%	-4.1%
Price	Nov 10, 26	$2.78	-5.6%	+13.7%	+2.0%	-12.7%
PE Ratio	Nov 10, 26	14.33	-4.6%	+5.2%	-1.5%	-15.9%
Quarterly Revenue	Sep 30, 26	$4.20B	+5.4%	+9.9%	+1.0%	+18.8%
Quarterly Gross Profit	Sep 30, 26	$2.00B	+4.0%	+9.1%	+3.5%	+19.6%
Quarterly Operating Margin	Sep 30, 26	22.65%	+11.5%	-3.3%	+3.7%	+9.1%
Quarterly Net Margin	Sep 30, 26	20.22%	+17.2%	-13.3%	+2.3%	+0.7%

Quarterly Gross Margin Highs

ABEV Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	49.32%	Dec 31, 25	-3.5%
3Y	50.38%	Dec 31, 24	-5.6%
5Y	50.38%	Dec 31, 24	-5.6%
All	70.15%	Dec 31, 13	-32.2%

Quarterly Gross Margin Lows

ABEV Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	47.58%	Sep 30, 26	at low
3Y	45.96%	Jun 30, 24	+3.5%
5Y	44.24%	Jun 30, 22	+7.5%
All	27.10%	Dec 31, 05	+75.6%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	47.58%	-1.3%
Jun 2026	48.23%	+0.1%
Mar 2026	48.19%	-2.3%
Dec 2025	49.32%	+2.9%
Sep 2025	47.92%	+4.2%
Jun 2025	46.00%	-3.9%
Mar 2025	47.85%	-5.0%
Dec 2024	50.38%	+7.4%
Sep 2024	46.93%	+2.1%
Jun 2024	45.96%	-1.9%
Mar 2024	46.83%	-5.9%
Dec 2023	49.77%	+7.2%
Sep 2023	46.41%	+3.4%
Jun 2023	44.87%	-5.4%
Mar 2023	47.43%	-2.1%
Dec 2022	48.44%	+7.0%
Sep 2022	45.29%	+2.4%
Jun 2022	44.24%	-4.0%
Mar 2022	46.08%	-7.3%
Dec 2021	49.71%	+5.2%
Sep 2021	47.25%	+2.4%
Jun 2021	46.15%	-6.1%
Mar 2021	49.17%	-6.8%
Dec 2020	52.73%	+8.2%
Sep 2020	48.74%	+7.2%
Jun 2020	45.46%	-11.2%
Mar 2020	51.20%	-13.9%
Dec 2019	59.44%	+16.0%
Sep 2019	51.24%	-7.8%
Jun 2019	55.56%	-1.4%
Mar 2019	56.37%	+53.2%
Dec 2018	36.80%	-34.4%
Sep 2018	56.14%	-3.7%
Jun 2018	58.31%	+0.3%
Mar 2018	58.15%	-9.7%
Dec 2017	64.40%	+11.2%
Sep 2017	57.92%	+0.6%
Jun 2017	57.59%	-0.9%
Mar 2017	58.09%	-7.5%
Dec 2016	62.77%	+10.4%
Sep 2016	56.84%	-4.2%
Jun 2016	59.32%	-6.0%
Mar 2016	63.10%	-4.0%
Dec 2015	65.72%	+4.6%
Sep 2015	62.85%	+5.6%
Jun 2015	59.54%	-7.5%
Mar 2015	64.39%	-3.9%
Dec 2014	67.03%	+5.6%
Sep 2014	63.48%	+4.8%
Jun 2014	60.55%	-6.6%
Mar 2014	64.80%	-7.6%
Dec 2013	70.15%	+5.9%
Sep 2013	66.24%	+2.3%
Jun 2013	64.77%	-1.2%
Mar 2013	65.55%	-6.1%
Dec 2012	69.84%	+3.7%
Sep 2012	67.37%	+1.6%
Jun 2012	66.30%	-2.6%
Mar 2012	68.04%	-2.4%

Month	Value	Change
Dec 2011	69.72%	+4.7%
Sep 2011	66.58%	+2.0%
Jun 2011	65.27%	-3.9%
Mar 2011	67.89%	+1.2%
Dec 2010	67.11%	+2.3%
Sep 2010	65.57%	-0.4%
Jun 2010	65.85%	-2.2%
Mar 2010	67.34%	+4.9%
Dec 2009	64.20%	+1.6%
Sep 2009	63.18%	-2.7%
Jun 2009	64.90%	+2.1%
Mar 2009	63.59%	+0.7%
Dec 2008	63.17%	+1.8%
Sep 2008	62.04%	+0.5%
Jun 2008	61.76%	-0.4%
Mar 2008	61.99%	+28.9%
Dec 2007	48.10%	-9.4%
Sep 2007	53.08%	+3.9%
Jun 2007	51.10%	-6.3%
Mar 2007	54.55%	-5.9%
Dec 2006	58.00%	+12.1%
Sep 2006	51.72%	+1.3%
Jun 2006	51.04%	-1.5%
Mar 2006	51.81%	+91.2%
Dec 2005	27.10%	-52.2%
Sep 2005	56.67%	+14.8%
Jun 2005	49.37%	+8.7%
Mar 2005	45.41%	+43.4%
Dec 2004	31.67%	-45.7%
Sep 2004	58.32%	+15.8%
Jun 2004	50.38%	-2.5%
Mar 2004	51.65%	+14.7%
Dec 2003	45.03%	-8.6%
Sep 2003	49.27%	-2.9%
Jun 2003	50.75%	+1.6%
Mar 2003	49.93%	+6.1%
Dec 2002	47.08%	-3.8%
Sep 2002	48.93%	+9.2%
Jun 2002	44.81%	-0.2%
Mar 2002	44.89%	-3.5%
Dec 2001	46.52%	+15.2%
Sep 2001	40.38%	+1.6%
Jun 2001	39.75%	+0.4%
Mar 2001	39.58%	-10.6%
Dec 2000	44.29%	+7.2%
Sep 2000	41.30%	+10.3%
Jun 2000	37.46%	-4.2%
Mar 2000	39.12%	-9.3%
Dec 1999	43.15%	+5.9%
Sep 1999	40.74%	+5.7%
Jun 1999	38.54%	-8.3%
Mar 1999	42.04%	-10.6%
Dec 1998	47.00%	+13.8%
Sep 1998	41.30%	+4.3%
Jun 1998	39.61%	-5.6%
Mar 1998	41.96%	-3.2%
Dec 1997	43.34%	+14.7%
Sep 1997	37.79%	+9.0%
Jun 1997	34.67%	-

FAQ

What is the current quarterly gross margin of ABEV?: As of today, ABEV quarterly gross margin is 47.58%
What is ABEV quarterly gross margin most recent change?: ABEV quarterly gross margin was down -1.35% on September 30, 2026
What is 1-year change in ABEV quarterly gross margin?: ABEV quarterly gross margin is down -0.71% year-over-year
How far is ABEV quarterly gross margin from its all-time high?: ABEV quarterly gross margin is currently -32.17% below its historical high of 70.15% set on December 31, 2013
How does ABEV quarterly gross margin rank versus sector peers?: ABEV quarterly gross margin is higher than 70.00% of companies in Consumer Defensive sector
When is ABEV next earnings release?: The next earnings release for ABEV is on February 11, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

ABEV Official Website www.ambev.com.br
ABEV Profile on Yahoo Finance finance.yahoo.com/quote/ABEV
ABEV Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/abev