Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV

75.76
EUR
+1.80
(+2.43%)
4.85EPS
17.65P/E
127.19BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
31.6
Basic EPS, GAAP
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
4.71
Free Cash Flow per Basic Share
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
- -
Dividend per Share
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
- -
Book Value per Share
31.36
31.09
26.23
36.88
37.53
32.96
38.65
34.49
34.66
37
41.26
39.61
44.75
53.44
Tangible Book Value per Share
-30.44
-31.55
-32.75
-56.52
-59.08
-58.09
-48.41
-47.9
-44.2
-40.24
-38.55
-36.59
-37.22
-39.28
Basic Weighted Avg Shares
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
1,982
Sales/Revenue/Turnover
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
62,615
Operating Margin (%)
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
27.04
Depreciation Expense
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
- -
Net Income, GAAP
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
9,327
Effective Tax Rate (%)
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
22.3
Profit Margin (%)
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
14.9
Working Capital
-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
-11,234
LT Debt
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
68,907
Total Equity
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
101,185
Return on Invested Capital (%)
18.31
11.51
10.72
5.25
6.71
5.64
6.64
0.37
5.66
6.8
6.13
6.38
6.78
7.53
Return on Capital (%)
14.95
8.71
8.44
1.84
5.52
3.2
6.29
0.51
3.66
4.71
4.28
4.34
4.88
6.05
Return on Common Equity (%)
31.46
18.37
17.96
2.19
11.1
6.38
13.08
1.95
6.83
8.4
6.88
7.31
8.26
10.71

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
898
- -
3,410
LT Borrowings
70,353
- -
67,301
LT Finance Leases
1,776
- -
1,606
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,951
1,978
1,750
Market Capitalization
125,649
136,363
145,311

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
24,769
- -
22,242
Cash, Cash Equivalents & STI
11,838
- -
7,906
Accounts Receivable, Net
4,262
- -
5,136
Inventories
4,974
- -
5,528
Total Current Liabilities
34,475
- -
33,476
Payables & Accruals
27,058
- -
25,840
ST Debt
898
- -
3,410
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

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

USD

•

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
16,660
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.54
0.73
1.03
0.61
2.92
2025
1.08
0.84
0.53
0.99
3.45
2026
1.3
1.9
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.33
2025
- -
- -
- -
- -
2.29
2026
- -
- -
- -
- -
- -

Company Description

CEO
Michel Dimitrios Doukeris
Full Time Employees
136,805
Sector
Consumer non-durables
Industry
Beverages: alcoholic
Address
Brouwerijplein 1 Leuven BU Belgium 3000
IPO Date
Oct 4, 2016
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.

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