Ambev Past Earnings Performance
Past criteria checks 2/6
Ambev has been growing earnings at an average annual rate of 7.2%, while the Beverage industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 10.4% per year. Ambev's return on equity is 14.5%, and it has net margins of 16.9%.
Key information
7.2%
Earnings growth rate
7.2%
EPS growth rate
| Beverage Industry Growth | 4.4% |
| Revenue growth rate | 10.4% |
| Return on equity | 14.5% |
| Net Margin | 16.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Ambev And Its Real Value
Oct 30Ambev: A Quintessential Value Stock With Low Multiples And Strong Financials
Oct 14Why Ambev Stock Remains Unattractive Despite Solid Q2 Results
Sep 28Ambev Q2: Many Positive Trends
Sep 03Ambev: Not As Appealing As Its Local Alternatives
Jun 25Ambev: Discounted Valuation Compared To Competitors Makes No Sense
May 08Ambev S.A.: Diversify Out Of U.S. Assets With Beer Made In Brazil
Apr 30Ambev: A Currency That Produces Beer
Apr 02Ambev: A Dominant Beer Producer With Currency And Commodity Risk
Mar 22Ambev: Premiumization Meets Little Resistance
Mar 03Ambev: Cautious Outlook For A Difficult Proposition
Dec 11Ambev Q3 Earnings: Insufficient To Alter Bearish Outlook
Nov 26Ambev: Improving Operating Metrics With Healthy Dividend Yield, Buy
Sep 14Nurture Ambev S.A. But Don't Gulp It
Jun 26Ambev: Limited World Cup Boost, Shares Remain Out Of Favor
Jan 10Ambev declares $0.1457 dividend
Dec 15Ambev: Still Everything To Do Post Q3 Earnings Print
Oct 28Ambev: Bullish Ahead Of The FIFA World Cup
Aug 12Ambev Non-GAAP EPS of R$0.19, revenue of R$17.99B
Jul 28Ambev: Signs Of A Turnaround But Valuation Remains Rich
Apr 20Ambev S.A.: Bullish Operating Momentum Can Lift Shares Higher
Jan 28Ambev: Strong Q3 Initiates A Buy Even With Some Risks
Oct 29Ambev: An Underappreciated And Undervalued Brewing Giant
Oct 07Ambev Accelerating Its Core Plus Segment
Jul 10Ambev: Don't Sleep On This Reopening Strategy
Jun 30Ambev: Impacts And The Risks Of Brazil's Economic Recovery
Feb 02Ambev goes ex-dividend tomorrow
Jan 13Ambev: Volume Growth And Real Appreciation Benefiting The Recovery Story
Dec 09Ambev EPS beats by R$0.04, beats on revenue
Oct 29Revenue & Expenses Breakdown
How Ambev makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 82,406 | 13,945 | 24,546 | 0 |
| 30 Jun 24 | 80,628 | 14,396 | 23,815 | 0 |
| 31 Mar 24 | 79,481 | 14,503 | 23,492 | 0 |
| 31 Dec 23 | 79,737 | 14,502 | 23,551 | 0 |
| 30 Sep 23 | 82,441 | 15,081 | 24,575 | 0 |
| 30 Jun 23 | 82,711 | 14,278 | 25,129 | 0 |
| 31 Mar 23 | 81,801 | 14,745 | 24,824 | 0 |
| 31 Dec 22 | 79,709 | 14,458 | 24,077 | 0 |
| 30 Sep 22 | 79,027 | 13,098 | 23,906 | 0 |
| 30 Jun 22 | 76,932 | 13,542 | 23,000 | 0 |
| 31 Mar 22 | 74,654 | 13,458 | 22,372 | 0 |
| 31 Dec 21 | 72,854 | 12,671 | 21,961 | 0 |
| 30 Sep 21 | 69,400 | 15,850 | 20,445 | 0 |
| 30 Jun 21 | 66,512 | 14,572 | 19,747 | 0 |
| 31 Mar 21 | 62,416 | 12,913 | 18,424 | 0 |
| 31 Dec 20 | 58,379 | 11,379 | 17,685 | 0 |
| 30 Sep 20 | 55,085 | 8,693 | 16,756 | 0 |
| 30 Jun 20 | 51,438 | 8,916 | 15,859 | 0 |
| 31 Mar 20 | 51,968 | 10,210 | 15,816 | 0 |
| 31 Dec 19 | 52,005 | 11,780 | 15,433 | 0 |
| 30 Sep 19 | 52,761 | 11,041 | 15,155 | 0 |
| 30 Jun 19 | 51,867 | 11,368 | 14,921 | 0 |
| 31 Mar 19 | 51,231 | 11,151 | 14,852 | 0 |
| 31 Dec 18 | 50,231 | 10,995 | 14,795 | 0 |
| 30 Sep 18 | 49,241 | 10,754 | 15,099 | 0 |
| 30 Jun 18 | 49,539 | 7,930 | 15,122 | 0 |
| 31 Mar 18 | 48,298 | 7,639 | 14,768 | 0 |
| 31 Dec 17 | 47,899 | 7,332 | 14,617 | 0 |
| 30 Sep 17 | 46,050 | 8,885 | 14,082 | 0 |
| 30 Jun 17 | 45,170 | 11,946 | 14,038 | 0 |
| 31 Mar 17 | 45,279 | 11,979 | 14,163 | 0 |
| 31 Dec 16 | 45,603 | 12,547 | 14,282 | 0 |
| 30 Sep 16 | 47,721 | 12,028 | 14,587 | 0 |
| 30 Jun 16 | 47,984 | 11,918 | 14,312 | 0 |
| 31 Mar 16 | 47,517 | 12,380 | 13,939 | 0 |
| 31 Dec 15 | 46,720 | 12,424 | 13,557 | 0 |
| 30 Sep 15 | 43,657 | 12,808 | 12,582 | 0 |
| 30 Jun 15 | 41,536 | 12,671 | 11,964 | 0 |
| 31 Mar 15 | 39,804 | 12,330 | 11,531 | 0 |
| 31 Dec 14 | 38,080 | 12,066 | 11,059 | 0 |
| 30 Sep 14 | 36,980 | 12,201 | 10,696 | 0 |
| 30 Jun 14 | 36,899 | 11,681 | 10,495 | 0 |
| 31 Mar 14 | 36,292 | 10,662 | 10,298 | 0 |
| 31 Dec 13 | 35,079 | 9,557 | 9,895 | 0 |
Quality Earnings: ABEV has high quality earnings.
Growing Profit Margin: ABEV's current net profit margins (16.9%) are lower than last year (18.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ABEV's earnings have grown by 7.2% per year over the past 5 years.
Accelerating Growth: ABEV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ABEV had negative earnings growth (-7.5%) over the past year, making it difficult to compare to the Beverage industry average (10.8%).
Return on Equity
High ROE: ABEV's Return on Equity (14.5%) is considered low.