Seek Returns

Anheuser-Busch InBev (BUD) Stock Analysis

This is a peer-relative look at Anheuser-Busch InBev (BUD): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Food, Beverage & Tobacco peers, so every number reads in context rather than in isolation.

Company Profile

Anheuser-Busch InBev (BUD) trades as an ADR rather than ordinary local shares — read it with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile fields for Anheuser-Busch InBev (BUD)
Profile ItemBUD
NameAnheuser-Busch InBev S.A. ADR
Country/RegionBelgium
GICS SectorConsumer Staples
GICS Industry GroupFood, Beverage & Tobacco
GICS IndustryBeverages
GICS Sub-IndustryBrewers
Market Capitalization157.52 billion USD
CurrencyUSD
ExchangeNYSE
Listing DateJuly 1, 2009
Security TypeADR

Price Performance

Cumulative Growth

BUD
GSPC
Loading price history…
Anheuser-Busch InBev (BUD) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Anheuser-Busch InBev (BUD) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Anheuser-Busch InBev (BUD) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Anheuser-Busch InBev (BUD) metric values compared with Food, Beverage & Tobacco industry-group medians
MetricCurrent stock: BUDIndustry group median
Total Return (1Y)21.42%0.15%
Total Return (3Y, Annualized)13.43%0.36%
Total Return (5Y, Annualized)5.03%1.03%

Risk Profile

Drawdown History

BUD
GSPC
Loading price history…
Anheuser-Busch InBev (BUD) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Anheuser-Busch InBev (BUD) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Anheuser-Busch InBev (BUD) metric values compared with Food, Beverage & Tobacco industry-group medians
MetricCurrent stock: BUDIndustry group median
Volatility (1Y, Annualized)26.94%31.35%
Beta (5Y)0.610.45
Max Drawdown (5Y)-34.30%-49.32%

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. BUD is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Anheuser-Busch InBev (BUD) metric values compared with Food, Beverage & Tobacco industry-group medians
MetricCurrent stock: BUDIndustry group median
Sharpe Ratio (1Y)0.65-0.15
Sortino Ratio (1Y)0.87-0.20

Profitability

ROE (TTM)

No usable ROE is available for Anheuser-Busch InBev (BUD) this period, so the shareholder-equity return read is skipped.

BUD

Food, Beverage & Tobacco industry group

--

Group distribution
Max
34.02%
Q3
18.27%
Median
14.93%
Q1
3.98%
Min
-12.58%
BUD
--
Largest peers
PEP
51.51%
KO
43.37%
MNST
26.65%
BTI
15.82%
BUD
--
PM
--
MO
--
Loading chart…
Anheuser-Busch InBev (BUD) doesn’t report ROE this period; the box shows the Food, Beverage & Tobacco group’s distribution and the dots its largest members.

Net Margin (TTM)

Anheuser-Busch InBev (BUD) keeps 11.90% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

BUD

Food, Beverage & Tobacco industry group

11.90%

Group distribution
Max
27.80%
Q3
12.49%
BUD
11.90%
Median
6.11%
Q1
1.35%
Min
-14.28%
Largest peers
MO
39.52%
BTI
30.32%
KO
27.80%
PM
26.74%
MNST
23.11%
BUD
11.90%
PEP
10.79%
Loading chart…
Where Anheuser-Busch InBev (BUD) stands on net margin within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Anheuser-Busch InBev (BUD) turns 26.69% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

BUD

Food, Beverage & Tobacco industry group

26.69%

Group distribution
Max
36.04%
BUD
26.69%
Q3
17.42%
Median
10.90%
Q1
3.74%
Min
-7.33%
Largest peers
MO
62.30%
PM
36.04%
KO
35.06%
BTI
34.58%
MNST
31.02%
BUD
26.69%
PEP
16.84%
Loading chart…
Where Anheuser-Busch InBev (BUD) stands on operating margin within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Anheuser-Busch InBev (BUD) metric values compared with Food, Beverage & Tobacco industry-group medians
MetricCurrent stock: BUDIndustry group median
ROE (TTM)--14.93%
ROA (TTM)--5.50%
Net Margin (TTM)11.90%6.11%
Operating Margin (TTM)26.69%10.90%
Gross Margin (TTM)56.17%34.44%

Growth

Revenue Growth

Anheuser-Busch InBev (BUD) grew revenue -0.75%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

Loading chart…
Anheuser-Busch InBev (BUD): Revenue Growth across different time periods, set against Food, Beverage & Tobacco industry-group medians.

EPS Growth

Anheuser-Busch InBev (BUD) grew earnings per share 16.10%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

Loading chart…
Anheuser-Busch InBev (BUD): EPS Growth across different time periods, set against Food, Beverage & Tobacco industry-group medians.

Growth Metrics

Anheuser-Busch InBev (BUD) metric values compared with Food, Beverage & Tobacco industry-group medians
MetricCurrent stock: BUDIndustry group median
Revenue Growth (YoY)-0.75%2.97%
Revenue Growth (3Y CAGR)0.88%3.03%
EPS Growth (YoY)16.10%-2.63%
EPS Growth (3Y CAGR)5.22%4.72%

Financial Strength

Current Ratio (MRQ)

No usable current ratio is available for Anheuser-Busch InBev (BUD) this period, so the short-term liquidity read is skipped.

BUD

Food, Beverage & Tobacco industry group

--

Group distribution
Max
4.39
Q3
2.41
Median
1.60
Q1
1.02
Min
0.54
BUD
--
Largest peers
MNST
3.26
KO
1.36
PM
0.98
PEP
0.93
BTI
0.87
MO
0.62
BUD
--
Loading chart…
Anheuser-Busch InBev (BUD) doesn’t report current ratio this period; the box shows the Food, Beverage & Tobacco group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Anheuser-Busch InBev (BUD) has debt-to-equity ratio of 0.75, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

BUD

Food, Beverage & Tobacco industry group

0.75

Group distribution
Max
2.20
Q3
1.15
BUD
0.75
Median
0.67
Q1
0.34
Min
0.00
Largest peers
PEP
2.39
KO
1.25
BUD
0.75
BTI
0.73
MNST
0.01
PM
--
MO
--
Loading chart…
Where Anheuser-Busch InBev (BUD) stands on debt-to-equity ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Anheuser-Busch InBev (BUD) metric values compared with Food, Beverage & Tobacco industry-group medians
MetricCurrent stock: BUDIndustry group median
Current Ratio (MRQ)--1.60
Debt / Equity (MRQ)0.750.67
Net Debt / EBITDA3.112.25

Dividends

Dividend Yield (TTM)

Anheuser-Busch InBev (BUD) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.

BUD

Food, Beverage & Tobacco industry group

0.00%

Group distribution
Max
9.56%
Q3
4.15%
Median
2.57%
BUD
0.00%
Q1
0.00%
Min
0.00%
Largest peers
MO
5.63%
PEP
4.24%
BTI
3.92%
PM
2.99%
KO
2.51%
BUD
0.00%
MNST
0.00%
Loading chart…
Where Anheuser-Busch InBev (BUD) stands on dividend yield within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Anheuser-Busch InBev (BUD) has payout ratio of 36.02%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

BUD

Food, Beverage & Tobacco industry group

36.02%

Group distribution
Max
159.06%
Q3
85.24%
Median
44.62%
BUD
36.02%
Q1
0.00%
Min
0.00%
Largest peers
MO
87.68%
PM
81.09%
PEP
75.33%
BTI
68.73%
KO
64.78%
BUD
36.02%
MNST
0.00%
Loading chart…
Where Anheuser-Busch InBev (BUD) stands on payout ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Anheuser-Busch InBev (BUD) metric values compared with Food, Beverage & Tobacco industry-group medians
MetricCurrent stock: BUDIndustry group median
Dividend Yield (TTM)0.00%2.57%
Dividend Payout Ratio (TTM)36.02%44.62%

Valuation

P/E Ratio (TTM)

Anheuser-Busch InBev (BUD) trades at P/E ratio of 22.34, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

BUD

Food, Beverage & Tobacco industry group

22.34

Group distribution
Max
53.44
Q3
29.84
BUD
22.34
Median
18.36
Q1
13.03
Min
5.50
Largest peers
MNST
45.63
PM
27.10
KO
25.86
BUD
22.34
PEP
17.76
MO
15.56
BTI
13.56
Loading chart…
Where Anheuser-Busch InBev (BUD) stands on P/E ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Anheuser-Busch InBev (BUD) trades at 2.58 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

BUD

Food, Beverage & Tobacco industry group

2.58

Group distribution
Max
4.15
BUD
2.58
Q3
2.38
Median
1.04
Q1
0.57
Min
0.00
Largest peers
MNST
10.51
KO
7.16
PM
7.06
MO
5.98
BTI
5.17
BUD
2.58
PEP
1.90
Loading chart…
Where Anheuser-Busch InBev (BUD) stands on P/S ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Anheuser-Busch InBev (BUD) trades at 10.91 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.

BUD

Food, Beverage & Tobacco industry group

10.91

Group distribution
BUD
10.91
Max
5.75
Q3
3.46
Median
1.75
Q1
0.99
Min
0.00
Largest peers
BUD
10.91
BTI
10.78
MNST
10.58
KO
10.49
PEP
8.64
PM
-31.58
MO
-37.98
Loading chart…
Where Anheuser-Busch InBev (BUD) stands on P/B ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Anheuser-Busch InBev (BUD) metric values compared with Food, Beverage & Tobacco industry-group medians
MetricCurrent stock: BUDIndustry group median
P/E Ratio (TTM)22.3418.36
P/S Ratio (TTM)2.581.04
P/B Ratio (MRQ)10.911.75
Free Cash Flow Yield (TTM)--4.58%