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ABEV vs. BUD: Ambev vs. Anheuser-Busch InBev Stock Comparison

How do Ambev (ABEV) and Anheuser-Busch InBev (BUD) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Ambev (ABEV) and Anheuser-Busch InBev (BUD) are both classified in the Brewers sub-industry within the broader Beverages industry, placing them in the closest GICS peer bucket.

Both Ambev (ABEV) and Anheuser-Busch InBev (BUD) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Company profile comparison for Ambev (ABEV) and Anheuser-Busch InBev (BUD)
Profile ItemABEVBUD
NameAmbev S.A. ADRAnheuser-Busch InBev SA/NV Sponsored ADR
Country/RegionBrazilBelgium
GICS SectorConsumer StaplesConsumer Staples
GICS Industry GroupFood, Beverage & TobaccoFood, Beverage & Tobacco
GICS IndustryBeveragesBeverages
GICS Sub-IndustryBrewersBrewers
Market Capitalization43.01 billion USD165.33 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 5, 1997July 1, 2009
Security TypeADRADR

Price Performance

Cumulative Growth

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

Trailing Returns

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Trailing total returns for Ambev (ABEV) and Anheuser-Busch InBev (BUD). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Ambev (ABEV) and Anheuser-Busch InBev (BUD). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Ambev (ABEV) and Anheuser-Busch InBev (BUD)
MetricABEVBUD
Total Return (1Y)15.68%35.80%
Total Return (3Y, Annualized)5.87%14.02%
Total Return (5Y, Annualized)1.96%8.59%

Risk Profile

Drawdown History

ABEV
BUD
GSPC
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Ambev (ABEV) vs. Anheuser-Busch InBev (BUD), with S&P 500 (GSPC) for reference: 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

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Distribution of monthly total returns for Ambev (ABEV) and Anheuser-Busch InBev (BUD). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Ambev (ABEV) and Anheuser-Busch InBev (BUD)
MetricABEVBUD
Volatility (1Y, Annualized)35.89%25.37%
Beta (5Y)0.560.51
Max Drawdown (5Y)-38.91%-33.13%
Avg. Volume (3M)26.44M2.32M

Risk-Adjusted Performance

Risk-Return Positioning

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ABEV and BUD are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Ambev (ABEV) and Anheuser-Busch InBev (BUD)
MetricABEVBUD
Sharpe Ratio (1Y)0.321.24
Sortino Ratio (1Y)0.471.95

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Ambev (ABEV) earns 17.65% on shareholders’ equity, ranked against its industry; Anheuser-Busch InBev (BUD) has no ROE this period.

ABEV

Food, Beverage & Tobacco industry group

17.65%

Max
32.02%
ABEV
17.65%
Q3
16.61%
Median
10.05%
Q1
4.10%
Min
-10.50%

BUD

Food, Beverage & Tobacco industry group

--

Max
32.02%
Q3
16.61%
Median
10.05%
Q1
4.10%
Min
-10.50%
BUD
--
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Ambev (ABEV) vs. Anheuser-Busch InBev (BUD): BUD does not report ROE, so it has no value marker; ABEV is benchmarked against the Food, Beverage & Tobacco industry group.

Net Margin (TTM)

For every dollar of sales, both Ambev (ABEV) at 17.69% and Anheuser-Busch InBev (BUD) at 15.42% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

ABEV

Food, Beverage & Tobacco industry group

17.69%

Max
24.83%
ABEV
17.69%
Q3
11.22%
Median
5.94%
Q1
2.05%
Min
-11.49%

BUD

Food, Beverage & Tobacco industry group

15.42%

Max
24.83%
BUD
15.42%
Q3
11.22%
Median
5.94%
Q1
2.05%
Min
-11.49%
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Ambev (ABEV) vs. Anheuser-Busch InBev (BUD): A comparison of their net margin against the Food, Beverage & Tobacco industry group benchmark.

Operating Margin (TTM)

Both Ambev (ABEV) at 25.56% and Anheuser-Busch InBev (BUD) at 27.48% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

ABEV

Food, Beverage & Tobacco industry group

25.56%

Max
34.91%
ABEV
25.56%
Q3
17.57%
Median
11.06%
Q1
4.15%
Min
-15.06%

BUD

Food, Beverage & Tobacco industry group

27.48%

Max
34.91%
BUD
27.48%
Q3
17.57%
Median
11.06%
Q1
4.15%
Min
-15.06%
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Ambev (ABEV) vs. Anheuser-Busch InBev (BUD): A comparison of their operating margin against the Food, Beverage & Tobacco industry group benchmark.

Profitability Metrics

Profitability metrics for Ambev (ABEV) and Anheuser-Busch InBev (BUD)
MetricABEVBUD
ROE (TTM)17.65%--
ROA (TTM)10.27%--
Net Margin (TTM)17.69%15.42%
Operating Margin (TTM)25.56%27.48%
Gross Margin (TTM)51.78%56.47%

Growth

Revenue Growth

Anheuser-Busch InBev (BUD) at -0.75% is around its peer norm for revenue growth, while Ambev (ABEV) at -1.35% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Ambev (ABEV) vs. Anheuser-Busch InBev (BUD): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Ambev (ABEV) at 2.20% and Anheuser-Busch InBev (BUD) at 16.10% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Ambev (ABEV) vs. Anheuser-Busch InBev (BUD): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Ambev (ABEV) and Anheuser-Busch InBev (BUD)
MetricABEVBUD
Revenue Growth (YoY)-1.35%-0.75%
Revenue Growth (3Y CAGR)3.45%0.88%
EPS Growth (YoY)2.20%16.10%
EPS Growth (3Y CAGR)0.00%5.22%

Financial Strength

Current Ratio (MRQ)

Short-term liquidity can only be read on one side of this pairing: Ambev (ABEV) shows current ratio of 1.06 against its industry benchmark, while Anheuser-Busch InBev (BUD) has no reading this period.

ABEV

Food, Beverage & Tobacco industry group

1.06

Max
4.01
Q3
2.35
Median
1.53
ABEV
1.06
Q1
1.02
Min
0.33

BUD

Food, Beverage & Tobacco industry group

--

Max
4.01
Q3
2.35
Median
1.53
Q1
1.02
Min
0.33
BUD
--
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Ambev (ABEV) vs. Anheuser-Busch InBev (BUD): BUD does not report current ratio, so it has no value marker; ABEV is benchmarked against the Food, Beverage & Tobacco industry group.

Debt / Equity (MRQ)

Ambev (ABEV) at 0.03 keeps leverage in the lower industry quartile, while Anheuser-Busch InBev (BUD) at 0.72 runs a more typical debt-to-equity mix.

ABEV

Food, Beverage & Tobacco industry group

0.03

Max
2.19
Q3
1.11
Median
0.68
Q1
0.33
ABEV
0.03
Min
0.00

BUD

Food, Beverage & Tobacco industry group

0.72

Max
2.19
Q3
1.11
BUD
0.72
Median
0.68
Q1
0.33
Min
0.00
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Ambev (ABEV) vs. Anheuser-Busch InBev (BUD): A comparison of their debt-to-equity ratio against the Food, Beverage & Tobacco industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Ambev (ABEV) and Anheuser-Busch InBev (BUD)
MetricABEVBUD
Current Ratio (MRQ)1.06--
Debt / Equity (MRQ)0.030.72
Net Debt / EBITDA-0.723.19

Dividends

Dividend Yield (TTM)

Anheuser-Busch InBev (BUD) at 1.91% pays an industry-typical yield; Ambev (ABEV) at 9.64% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

ABEV

Food, Beverage & Tobacco industry group

9.64%

ABEV
9.64%
Max
9.38%
Q3
3.77%
Median
1.76%
Q1
0.00%
Min
0.00%

BUD

Food, Beverage & Tobacco industry group

1.91%

Max
9.38%
Q3
3.77%
BUD
1.91%
Median
1.76%
Q1
0.00%
Min
0.00%
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Ambev (ABEV) vs. Anheuser-Busch InBev (BUD): A comparison of their dividend yield against the Food, Beverage & Tobacco industry group benchmark.

Dividend Payout Ratio (TTM)

Both Ambev (ABEV) at 74.21% and Anheuser-Busch InBev (BUD) at 27.35% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

ABEV

Food, Beverage & Tobacco industry group

74.21%

Max
199.19%
Q3
81.03%
ABEV
74.21%
Median
41.52%
Q1
0.00%
Min
0.00%

BUD

Food, Beverage & Tobacco industry group

27.35%

Max
199.19%
Q3
81.03%
Median
41.52%
BUD
27.35%
Q1
0.00%
Min
0.00%
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Ambev (ABEV) vs. Anheuser-Busch InBev (BUD): A comparison of their payout ratio against the Food, Beverage & Tobacco industry group benchmark.

Dividend Metrics

Dividend metrics for Ambev (ABEV) and Anheuser-Busch InBev (BUD)
MetricABEVBUD
Dividend Yield (TTM)9.64%1.91%
Dividend Payout Ratio (TTM)74.21%27.35%

Valuation

P/E Ratio (TTM)

Both Ambev (ABEV) at 14.68 and Anheuser-Busch InBev (BUD) at 17.07 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

ABEV

Food, Beverage & Tobacco industry group

14.68

Max
52.52
Q3
30.78
Median
18.76
ABEV
14.68
Q1
12.77
Min
4.72

BUD

Food, Beverage & Tobacco industry group

17.07

Max
52.52
Q3
30.78
Median
18.76
BUD
17.07
Q1
12.77
Min
4.72
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Ambev (ABEV) vs. Anheuser-Busch InBev (BUD): A comparison of their P/E ratio against the Food, Beverage & Tobacco industry group benchmark.

P/S Ratio (TTM)

Ambev (ABEV) at 0.48 looks cheap on sales in the lower P/S ratio quartile, while Anheuser-Busch InBev (BUD) at 2.58 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

ABEV

Food, Beverage & Tobacco industry group

0.48

Max
4.64
Q3
2.27
Median
1.17
Q1
0.52
ABEV
0.48
Min
0.00

BUD

Food, Beverage & Tobacco industry group

2.58

Max
4.64
BUD
2.58
Q3
2.27
Median
1.17
Q1
0.52
Min
0.00
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Ambev (ABEV) vs. Anheuser-Busch InBev (BUD): A comparison of their P/S ratio against the Food, Beverage & Tobacco industry group benchmark.

P/B Ratio (MRQ)

Ambev (ABEV) at 2.38 sits near its industry’s typical P/B ratio, while Anheuser-Busch InBev (BUD) at 10.60 prices above its benchmark range — BUD looks rich relative to book.

ABEV

Food, Beverage & Tobacco industry group

2.38

Max
6.35
Q3
3.07
ABEV
2.38
Median
1.58
Q1
0.82
Min
0.00

BUD

Food, Beverage & Tobacco industry group

10.60

BUD
10.60
Max
6.35
Q3
3.07
Median
1.58
Q1
0.82
Min
0.00
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Ambev (ABEV) vs. Anheuser-Busch InBev (BUD): A comparison of their P/B ratio against the Food, Beverage & Tobacco industry group benchmark.

Valuation Metrics

Valuation metrics for Ambev (ABEV) and Anheuser-Busch InBev (BUD)
MetricABEVBUD
P/E Ratio (TTM)14.6817.07
P/S Ratio (TTM)0.482.58
P/B Ratio (MRQ)2.3810.60
Free Cash Flow Yield (TTM)48.96%--