1. Belgium Stocks

  2. •

    Consumer Defensive

  3. •

    Beverages - Alcoholic
Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV

ABI.BR
Anheuser-Busch InBev SA/NVBE flagEuronext Brussels
68.88
EUR
-0.88
- -
133.34BMarket Cap
Anheuser-Busch InBev SA/NV
ABI.BR
(Euronext Brussels)

Recent

price

68.88

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
22.8
24.48
24.85
26.71
28.8
26.29
26.51
27.83
26.86
26.38
23.63
27.06
28.71
29.45
29.84
29.9
30.77
Revenue per Share
2.53
3.62
4.47
8.9
5.64
5.05
0.72
4.05
2.21
4.62
0.71
2.33
2.97
2.65
2.92
3.45
3.66
Basic EPS, GAAP
4.75
5.71
6.25
6.18
5.97
5.72
2.99
5.2
5.09
4.47
3.58
4.56
4.04
4.28
5.59
5.66
- -
Free Cash Flow per Basic Share
1.21
1.94
2.27
3.87
4.53
4.86
4.92
4.71
3.93
2.53
0.91
1.18
1.21
1.49
1.33
2.29
- -
Dividend per Share
9.67
12.21
14.53
20.25
22.59
23.01
17.44
15.28
14.08
16.74
16.43
17.75
20.15
21.8
24.12
26.14
- -
Book Value per Share
-23.28
-21.36
-19.18
-27.18
-28.41
-29.93
-57.79
-54.09
-53.8
-43.35
-42.41
-38.31
-34.25
-32.57
-30.86
-31.33
- -
Tangible Book Value per Share
1,592
1,595
1,600
1,617
1,634
1,638
1,717
1,971
1,975
1,984
1,984
2,007
2,013
2,016
2,003
1,984
1,981
Basic Weighted Avg Shares
36,297
39,046
39,758
43,195
47,063
43,064
45,517
54,859
53,041
52,329
46,881
54,304
57,786
59,380
59,768
59,320
60,959
Sales/Revenue/Turnover
29.94
31.85
31.69
31.73
31.23
31.08
28.39
30.12
31.19
30.13
26.89
26.16
25.03
24.27
25.55
26.38
26.81
Operating Margin (%)
2,788
2,783
2,747
2,985
3,353
3,153
3,477
4,625
4,624
4,657
4,829
5,052
5,078
5,411
5,544
5,652
- -
Depreciation Expense
4,026
5,779
7,160
14,394
9,216
8,273
1,241
7,990
4,370
9,171
1,405
4,670
5,969
5,341
5,855
6,837
7,252
Net Income, GAAP
24.99
18.85
15.27
10.88
18.11
20.82
37.22
16.15
33.39
21.81
92.93
27.77
20.24
24.48
29.83
25.16
25.72
Effective Tax Rate (%)
11.09
14.8
18.01
33.32
19.58
19.21
2.73
14.56
8.24
17.53
3
8.6
10.33
8.99
9.8
11.53
11.9
Profit Margin (%)
-3,123
-7,321
222
-6,937
-8,667
-10,162
2,648
-12,665
-16,545
-6,027
-5,833
-10,235
-11,197
-13,789
-10,067
-9,706
- -
Working Capital
41,961
34,598
38,951
41,274
43,630
43,541
113,941
110,637
106,997
97,564
95,479
87,369
78,880
74,164
70,721
72,129
- -
LT Debt
38,799
41,056
45,453
55,308
54,257
45,719
81,425
80,200
71,889
84,553
78,351
79,340
84,278
92,676
88,700
97,736
- -
Total Equity
9.65
12.17
12.3
12.27
11.19
10.32
5.26
6.74
5.68
6.5
0.48
5.82
6.78
6.33
6.29
6.89
- -
Return on Invested Capital (%)
7.3
9.67
10.45
18.29
10.21
9.24
2.17
6.97
4.04
7.99
0.65
4.56
5.88
5.42
5.45
6.08
8.8
Return on Capital (%)
31.16
33.15
33.51
51.41
26.46
22.18
3.67
26.6
15.09
30.06
4.27
13.69
15.67
12.64
12.69
13.65
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
898
- -
LT Borrowings
- -
70,353
- -
LT Finance Leases
- -
1,776
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
1,951
- -
Market Capitalization
119,124
128,261
136,681

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
24,769
- -
Cash, Cash Equivalents & STI
- -
11,838
- -
Accounts Receivable, Net
- -
4,262
- -
Inventories
- -
4,974
- -
Total Current Liabilities
- -
34,475
- -
Payables & Accruals
- -
27,058
- -
ST Debt
- -
898
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.99%
4.67%
10.19%
Free Cash Flow
7.46%
10.74%
0.31%
Net Income, GAAP
71.48%
55.21%
16.77%
Sales/Revenue/Turnover
3.61%
4.98%
-0.75%
Total Cash Common Dividend
1.67%
23.34%
70.02%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14,547
15,333
15,046
14,841
59,768
2025
13,628
15,004
15,133
15,555
59,320
2026
15,267
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.54
0.73
1.03
0.61
2.92
2025
1.08
- -
- -
0.99
3.45
2026
1.3
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.33
2025
- -
- -
- -
- -
2.29
2026
- -
- -
- -
- -
- -
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Business
Anheuser-Busch InBev SA/NV produces, markets, and distributes beer, non-alcoholic beverages, and spirits-based ready-to-drink products worldwide; its portfolio encompasses over 500 brands including global leaders such as Budweiser, Corona Extra, Michelob ULTRA, and Stella Artois, alongside local megabrands like Aguila, Brahma, Carling Black Label, Cass Fresh, Jupiler, Quilmes, SKOL, and Victoria, as well as beyond-beer offerings like Brutal Fruit, Cutwater, NÜTRL, and no-alcohol variants including Budweiser Zero, Corona 0.0, and Stella Artois Liberté. Headquartered in Leuven, Belgium, the company was formed in 2008 through InBev's acquisition of Anheuser-Busch and operates across North America, Middle America, South America, Europe, Africa, the Middle East, and Asia-Pacific, serving consumers through approximately 630 beer brands in over 150 countries. It maintains regional headquarters in locations including São Paulo, London, St. Louis, Mexico City, and Johannesburg. In recent developments, Anheuser-Busch InBev announces a US$300 million investment in 2025 to enhance U.S. manufacturing facilities, expand technical training, and support veterans under its Brewing Futures initiative; enters a three-year strategic partnership with Netflix via subsidiaries; invests US$9 million in August 2025 to expand beyond-beer production in New York and US$7.4 million to upgrade its Los Angeles plant for increased Michelob ULTRA capacity; and extends sponsorships including its Worldwide Olympic Partnership through 2032 and FIFA agreements covering the 2025 Club World Cup.