Anheuser-Busch INBEV SA financials
Yes. Anheuser-Busch INBEV SA/NV earned 7.91B USD of net income over the last twelve months, 16.3% of its revenue. It made a profit in 24 of its 24 fiscal years since 2002.
- Revenue (TTM)
- 48.44B USD
- Net income (TTM)
- 7.91B USD
- Free cash flow (TTM)
- 13.73B USD
- Cash and short-term investments
- 7.91B USD
- Total debt
- 72.32B USD
- Shareholders' equity
- 93.50B USD
Cash, debt and equity as of 30 Jun 2026.
Anheuser-Busch INBEV SA earnings
Revenue
EPS
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| H2 FY2026 | 1.09 | 0.81 | -25.69% | -18.18% | 15.91B | 16.51B | +3.78% | -44.97% | |
| H1 FY2026 | 1.14 | 1.21 | +6.14% | +49.38% | 16.41B | 31.93B | +94.55% | +6.83% | |
| H1 FY2026 | 0.90 | 0.97 | +7.78% | +19.75% | 14.69B | 30.61B | +108.39% | +2.41% | |
| H2 FY2025 | 0.97 | 0.99 | +2.06% | +1.02% | 15.60B | 30.01B | +92.42% | +0.43% | |
| H1 FY2025 | 0.77 | 0.81 | +5.19% | +8.00% | 15.54B | 29.89B | +92.28% | -0.53% | |
| H2 FY2024 | 0.89 | 0.98 | +10.11% | +13.95% | 14.79B | 29.88B | +102.02% | +1.86% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2029 | 6.01 | — | — | +11.40% | 73.65B | — | — | +5.35% |
| FY2028 | 5.39 | — | — | +9.77% | 69.91B | — | — | +3.90% |
| FY2027 | 4.91 | — | — | +64.34% | 67.29B | — | — | -14.88% |
| FY2026 | 4.43 | 2.99 | -32.57% | +66.11% | 64.84B | 79.05B | +21.91% | +31.98% |
| FY2025 | 3.65 | 1.80 | -50.73% | +4.05% | 59.37B | 59.90B | +0.88% | -0.05% |
| FY2024 | 3.33 | 1.73 | -48.08% | +14.57% | 59.10B | 59.93B | +1.40% | +1.41% |
| FY2023 | 2.96 | 1.51 | -48.96% | +4.86% | 60.44B | 59.09B | -2.23% | +4.59% |
Anheuser-Busch INBEV SA growth and profitability
Full income statement- Revenue (TTM)
- 48.44B USD
- Net income (TTM)
- 7.91B USD
- Gross margin
- 56.83%
- Operating margin
- 27.31%
- Net margin
- 16.33%
Revenue / Net income
How Anheuser-Busch INBEV SA makes its money
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Anheuser-Busch INBEV SA revenue breakdown
By product
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Beer business | 53.05B | 89.4% | — |
| Non-beer business | 6.27B | 10.6% | — |
By region
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| United States | 12.38B | 56.7% | — |
| Brazil | 8.77B | 40.1% | — |
| Belgium | 696.00M | 3.2% | — |
Operating and free cash flow
Full cash flow statementAnheuser-Busch INBEV SA financial health
Full balance sheet- Cash and short-term investments
- 7.91B USD
- Total debt
- 72.32B USD
- Net cash
- -64.41B USD
- Free cash flow (TTM)
- 13.73B USD
- Current ratio
- 0.66
- Debt to equity
- 0.77
- Piotroski score
- 7 / 9
- Altman Z-score
- 1.58
Cash, debt and free cash flow
Assets, liabilities and equity
Anheuser-Busch INBEV SA valuation
- Price to earnings ratio (TTM)
- 20.99
- Forward P/E (FY2026)
- 18.93
- Price to sales (TTM)
- 3.41
- Price to book
- 1.77
- EV / EBITDA (TTM)
- 13.01
Capital structure
Valuation over time
Anheuser-Busch INBEV SA against its own history
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: PepsiCo, Altria Group, Monster Beverage, Mondelez International, Philip Morris International, and Colgate-Palmolive, the US Consumer Defensive companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Above its median21.015.526.9
- Gross marginAbove its median55.9%53.9%57.5%Against its peers: 4 of 7Peers' median 58.0%
- Operating marginHighest in 5 years26.4%23.5%26.4%Against its peers: 4 of 7Peers' median 22.7%
- Net marginHighest in 5 years11.5%8.6%11.5%Against its peers: 4 of 7Peers' median 16.7%
- Return on equityAbove its median7.8%6.5%8.1%Against its peers: 5 of 5Peers' median 31.7%
- Free cash flow marginHighest in 5 years19.0%13.4%19.0%Against its peers: 4 of 7Peers' median 20.8%
- Revenue growthLowest in 5 years-0.7%-0.7%15.8%Against its peers: 6 of 7Peers' median 4.0%
- EPS growthAt its median21.0%-10.7%225.7%Against its peers: 3 of 7Peers' median -19.4%
- Debt to EBITDALowest in 5 years3.50×3.50×4.99×Against its peers: 6 of 7Peers' median 2.49×
- Current ratioHighest in 5 years0.720.630.72Against its peers: 5 of 7Peers' median 0.84
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Anheuser-Busch INBEV SA dividends
- Annual dividend
- 2.35 USD
- Dividend yield (indicated)
- 2.80%
- Payout ratio
- 33.69%
- Years of dividend growth
- 4
- Frequency
- Semi-annual
- Last payment
- 1.17 USD
- Last ex-dividend date
- 8 May 2026
- Last payment date
- 5 Jun 2026
Dividends per share
Anheuser-Busch INBEV SA ownership
- Institutions
- 4.85%
- Institutional holders
- 654 (+71)
- Free float
- 88.85%
Who owns the shares
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Shares outstanding
Common questions about Anheuser-Busch INBEV SA's financials
Source: Financial Modeling Prep
