Ambev (ABEV) Pre-Tax Income: $3,831 Mil (TTM As of Jun. 2026)

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ABEV Ambev SA ABEV
79 GF Score
Price $2.94
GF Value $2.77
Valuation Fairly Valued
! 5 Warning Signs
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What is Ambev Pre-Tax Income?

Ambev ABEV -1.34% 79 Pre-Tax Income is $3,831 Mil as of Jun. 2026. GuruFocus rates ABEV with a GF Score™ of 79/100 and a GF Value™ of $2.77 (Fairly Valued). The stock has 5 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Ambev's pretax income for the three months ended in Jun. 2026 was $857 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $3,831 Mil. Ambev's pretax margin was 21.48%.

During the past 13 years, Ambev's highest Pretax Margin was 29.38%. The lowest was 17.86%. And the median was 22.57%.


Ambev  (NYSE:ABEV) Pre-Tax Income Explanation

Ambev's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=856.51101721545/3987.320049749
=21.48%

During the past 13 years, Ambev's highest Pretax Margin was 29.38%. The lowest was 17.86%. And the median was 22.57%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ambev Pre-Tax Income Related Terms


Ambev Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Ambev's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ambev Pre-Tax Income Chart

Ambev Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,571.24 2,762.07 3,047.39 3,614.10 3,457.45

Ambev Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 604.31 957.88 1,078.38 938.28 856.51

ABEV vs STZ, TAP: Pre-Tax Income Comparison

For the Beverages - Brewers subindustry, Ambev's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ambev Pre-Tax Income vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Ambev's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Ambev's Pre-Tax Income falls into.


ABEV
79GF Score
Ambev SA ABEV
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Ambev Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Ambev's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=3582.8072763359++-212.66439583252+251.20296094165+-163.89697007583
=3,457

Ambev's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=810.40681301917++-106.77784827282+83.6523280554+69.2297244137
=857

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,831 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $3,831 Mil mean?
Ambev (ABEV) has a Pre-Tax Income of $3,831 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Ambev and its competitors.
Is Ambev's Pre-Tax Income too high?
Ambev's current Pre-Tax Income is $3,831 Mil. Overall, Ambev has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ambev's Pre-Tax Income compare to STZ and TAP?
Ambev's Pre-Tax Income of $3,831 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Beverages - Alcoholic company?
A good Pre-Tax Income depends on the Beverages - Alcoholic industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Ambev and its competitors. Ambev's current Pre-Tax Income is $3,831 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ambev stock overvalued right now?
Based on GuruFocus' analysis, Ambev (ABEV) is currently considered Fairly Valued. The stock's GF Value™ is $2.77, compared to a current price of $2.94 — trading 6.1% above its estimated fair value. The current Pre-Tax Income is $3,831 Mil. Ambev's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Ambev (ABEV), the current Pre-Tax Income is $3,831 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ambev (ABEV) Overvalued in 2026?

Based on GuruFocus' analysis, Ambev stock appears to be overvalued. The current stock price of $2.94 is trading 6.1% above its estimated GF Value™ of $2.77. GuruFocus considers Ambev to be Fairly Valued.

Key valuation signals for ABEV:

  • Pre-Tax Income: $3,831 Mil
  • GF Value™: $2.77 vs. price of $2.94 (6.1% above fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the ABEV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ambev Business Description

Address Rua Doctor Renato Paes de Barros, 1017, 4th Floor, Sao Paulo, SP, BRA, 04530-001
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%.
79GF Score

Get the complete analysis for ABEV

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.94
Price
$2.77
GF Value