Anheuser-Busch InBev SA/NV (BUD)
Consumer Defensive · Beverages - Brewers · NYSE
Anheuser-Busch InBev SA/NV revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $57.79B | $59.38B | $59.77B | $59.32B |
| Gross profit | $31.48B | $31.98B | $33.02B | $33.18B |
| Net income | $5.97B | $5.34B | $5.86B | $6.84B |
| Net margin | 10.3% | 9.0% | 9.8% | 11.5% |
Source: Anheuser-Busch InBev SA/NV SEC filings (10-K).
What growth is priced into BUD stock?
At today's market cap of $159.23B, Anheuser-Busch InBev SA/NV is priced for free-cash-flow growth of about 3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $11.23B from the FY ending 2025-12-31). This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 4 years of Anheuser-Busch InBev SA/NV financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Anheuser-Busch InBev SA/NV financial history by metric
About Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV produces and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through North America, Middle Americas, South America, EMEA, Asia Pacific, and Global Export and Holding Companies segments. The company also offers flavored malt beverages, soft drinks, spirit-based ready-to-drink cocktails and beverages, and energy drinks. In addition, it operates BEES, a business-to-business digital commerce platform; on-demand delivery platforms under the Zé Delivery and TaDa Delivery brands; and premium at-home draft system under the PerfectDraft brand. The company provides a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona Extra, Michelob Ultra, and Stella Artois; Aguila, Brahma, Carling Black Label, Cass Fresh, Jupiler, Quilmes, SKOL, and Victoria; Beck's, Hoegaarden, and Leffe; Antarctica, Bud Light, Castle, Castle Lite, Cristal, Harbin, Modelo Especial, Sedrin, and Skol brands, as well as non-beer brands comprising Brutal Fruit, Cutwater, and NÜTRL brands. The company was formerly known as InBev SA and changed its name to Anheuser-Busch InBev SA/NV in November 2008. Anheuser-Busch InBev SA/NV was founded in 1366 and is headquartered in Leuven, Belgium.
Anheuser-Busch InBev SA/NV — frequently asked questions
What is Anheuser-Busch InBev SA/NV's revenue?
Anheuser-Busch InBev SA/NV (BUD) reported revenue of $59.32B for fiscal year 2025, down 0.7% from the prior year, according to its SEC filings.
Is Anheuser-Busch InBev SA/NV profitable?
Yes. BUD earned net income of $6.84B in fiscal 2025, a net margin of 11.5%.
What is BUD's P/E ratio?
Anheuser-Busch InBev SA/NV trades at a price-to-earnings ratio of about 22.8 based on the latest data in our nightly-refreshed cache.
How fast is Anheuser-Busch InBev SA/NV growing?
BUD's revenue grew at roughly 0.9% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Anheuser-Busch InBev SA/NV have?
As of fiscal year 2025, BUD carried roughly $70.63B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Anheuser-Busch InBev SA/NV's gross margin?
BUD's gross margin was 55.9% in fiscal 2025 — gross profit of $33.18B on revenue of $59.32B.
What is Anheuser-Busch InBev SA/NV's market cap?
Anheuser-Busch InBev SA/NV (BUD) has a market capitalization of about $159.23B, based on the latest data in our nightly-refreshed cache.
When does Anheuser-Busch InBev SA/NV's fiscal year end?
BUD's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into BUD stock?
At today's market cap of $159.23B, Anheuser-Busch InBev SA/NV is priced for free-cash-flow growth of about 3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $11.23B from the FY ending 2025-12-31).
Where does this data come from?
All figures are computed from Anheuser-Busch InBev SA/NV's official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.