Comparison

AMBEV S.A. (ABEV) vs MOLSON COORS BEVERAGE CO (TAP)

The same filed metrics for both companies, side by side.

What each names as a risk in its own annual report, how each is priced against its own history, and the tracked managers whose latest 13F reports a position in both.

Financials

ABEV

AMBEV S.A.

Beverages—Brewers

Revenue, FY25: $88.24B
Net income: $15.5B
Operating cash flow: $24.45B
Free cash flow: $19.86B
Net margin: 17.57%
Operating margin: 26.42%
Gross margin: 51.42%

TAP

MOLSON COORS BEVERAGE CO

Beverages—Brewers

Revenue, FY28: $13.04B
Net income: −$2.14B
Operating cash flow: $1.78B
Free cash flow: $1.07B
Net margin: −16.41%
Operating margin: −17.92%
Gross margin: 32.78%

Head-to-head

Filed growth, quality and valuation, read against each company’s own history rather than against the other side.

Metric	ABEV	TAP
Revenue growth, latest filed year	−1.35%	−5.05%
Piotroski F-score	7 of 9	5 of 9
P/E against its own history	-	-

What each says it is exposed to

From Item 1A of each company’s most recent 10-K.

ABEV

No 10-K read yet.

TAP

Supply chain
Goodwill impairment
Cybersecurity
Tariffs
Tax
Commodity prices

And 15 more.

Tracked managers holding both

Dodge & Cox Dodge & Cox 0.00% · 0.39%

Updated Sep 9, 2026 · the newer of the two companies' filings