Ambev vs Coca-cola Consolidated
Ambev is the larger business, with $15.81bn of revenue in fiscal 2025 against $7.23bn for Coca-cola Consolidated (2.2 times as much). Coca-cola Consolidated grew faster (4.8% against -5.2%). Ambev kept more of each dollar of sales as profit: a net margin of 17.6% against 7.9%.
| Latest fiscal year | AmbevABEV, 2025 | Coca-cola ConsolidatedCOKE, 2025 |
|---|---|---|
| Revenue | $15.81bn | $7.23bn |
| Revenue growth | -5.2% | 4.8% |
| Net income | $2.78bn | $571m |
| Operating margin | 26.4% | 13.2% |
| Net margin | 17.6% | 7.9% |
| Return on equity | 17.4% | 168.3% |
| Free cash flow | $3.56bn | $620m |
| Cash | $3.40bn | $282m |
| Total debt | $618m | $2.80bn |
| Debt to equity | 3.9% | — |
| Dividend per share | — | — |
| Dividend yield | — | 0.7% |
| Share buybacks | — | $2.61bn |
| Employees | — | 17,000 |
| Market value | $41.93bn | $11.87bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | — | 55 (Moderate) |
| Insider trades, 12 months | 0 buys, 5 sales | 0 buys, 0 sales |