Ambev vs Monster Beverage
Ambev is the larger business, with $15.81bn of revenue in fiscal 2025 against $8.29bn for Monster Beverage (1.9 times as much). Monster Beverage grew faster (10.7% against -5.2%). Monster Beverage kept more of each dollar of sales as profit: a net margin of 23.0% against 17.6%. Monster Beverage carries less debt relative to equity (0.0% against 3.9%).
| Latest fiscal year | AmbevABEV, 2025 | Monster BeverageMNST, 2025 |
|---|---|---|
| Revenue | $15.81bn | $8.29bn |
| Revenue growth | -5.2% | 10.7% |
| Net income | $2.78bn | $1.91bn |
| Operating margin | 26.4% | 29.2% |
| Net margin | 17.6% | 23.0% |
| Return on equity | 17.4% | 26.8% |
| Free cash flow | $3.56bn | $1.97bn |
| Cash | $3.40bn | $2.09bn |
| Total debt | $618m | $0 |
| Debt to equity | 3.9% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $104m |
| Employees | — | 6,891 |
| Market value | $41.93bn | $46.52bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | — | 97 (Strong) |
| Insider trades, 12 months | 0 buys, 5 sales | 0 buys, 11 sales |