BF.A vs. BUD: Brown-Forman vs. Anheuser-Busch InBev Stock Comparison
How do Brown-Forman (BF.A) 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
Brown-Forman (BF.A) and Anheuser-Busch InBev (BUD) both belong to the Beverages industry, though BF.A is classified under Distillers & Vintners while BUD falls under Brewers.
Brown-Forman (BF.A) trades as ordinary local shares, while Anheuser-Busch InBev (BUD) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | BF.A | BUD |
|---|---|---|
| Name | Brown-Forman Corporation Class A Common Stock | Anheuser-Busch InBev SA/NV Sponsored ADR |
| Country/Region | United States | Belgium |
| GICS Sector | Consumer Staples | Consumer Staples |
| GICS Industry Group | Food, Beverage & Tobacco | Food, Beverage & Tobacco |
| GICS Industry | Beverages | Beverages |
| GICS Sub-Industry | Distillers & Vintners | Brewers |
| Market Capitalization | 14.44 billion USD | 165.33 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | May 3, 1973 | July 1, 2009 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BF.A | BUD |
|---|---|---|
| Total Return (1Y) | 21.31% | 35.80% |
| Total Return (3Y, Annualized) | -17.39% | 14.02% |
| Total Return (5Y, Annualized) | -12.15% | 8.59% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BF.A | BUD |
|---|---|---|
| Volatility (1Y, Annualized) | 38.10% | 25.37% |
| Beta (5Y) | 0.26 | 0.51 |
| Max Drawdown (5Y) | -67.09% | -33.13% |
| Avg. Volume (3M) | 138.95K | 2.32M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BF.A | BUD |
|---|---|---|
| Sharpe Ratio (1Y) | 0.45 | 1.24 |
| Sortino Ratio (1Y) | 0.68 | 1.95 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Brown-Forman (BF.A) earns 18.12% on shareholders’ equity, ranked against its industry; Anheuser-Busch InBev (BUD) has no ROE this period.
BF.A
Food, Beverage & Tobacco industry group
18.12%
- Max
- 32.02%
- BF.A
- 18.12%
- 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
- --
Net Margin (TTM)
For every dollar of sales, both Brown-Forman (BF.A) at 18.42% 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.
BF.A
Food, Beverage & Tobacco industry group
18.42%
- Max
- 24.83%
- BF.A
- 18.42%
- 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%
Operating Margin (TTM)
Both Brown-Forman (BF.A) at 27.55% 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.
BF.A
Food, Beverage & Tobacco industry group
27.55%
- Max
- 34.91%
- BF.A
- 27.55%
- 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%
Profitability Metrics
| Metric | BF.A | BUD |
|---|---|---|
| ROE (TTM) | 18.12% | -- |
| ROA (TTM) | 8.63% | -- |
| Net Margin (TTM) | 18.42% | 15.42% |
| Operating Margin (TTM) | 27.55% | 27.48% |
| Gross Margin (TTM) | 60.66% | 56.47% |
Growth
Revenue Growth
Both Brown-Forman (BF.A) at -1.18% and Anheuser-Busch InBev (BUD) at -0.75% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Brown-Forman (BF.A) at -16.85% 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.
Growth Metrics
| Metric | BF.A | BUD |
|---|---|---|
| Revenue Growth (YoY) | -1.18% | -0.75% |
| Revenue Growth (3Y CAGR) | -2.42% | 0.88% |
| EPS Growth (YoY) | -16.85% | 16.10% |
| EPS Growth (3Y CAGR) | -2.09% | 5.22% |
Financial Strength
Current Ratio (MRQ)
Short-term liquidity can only be read on one side of this pairing: Brown-Forman (BF.A) shows current ratio of 3.26 against its industry benchmark, while Anheuser-Busch InBev (BUD) has no reading this period.
BF.A
Food, Beverage & Tobacco industry group
3.26
- Max
- 4.01
- BF.A
- 3.26
- Q3
- 2.35
- Median
- 1.53
- 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
- --
Debt / Equity (MRQ)
Both Brown-Forman (BF.A) at 0.62 and Anheuser-Busch InBev (BUD) at 0.72 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
BF.A
Food, Beverage & Tobacco industry group
0.62
- Max
- 2.19
- Q3
- 1.11
- Median
- 0.68
- BF.A
- 0.62
- Q1
- 0.33
- 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
Financial Strength Metrics
| Metric | BF.A | BUD |
|---|---|---|
| Current Ratio (MRQ) | 3.26 | -- |
| Debt / Equity (MRQ) | 0.62 | 0.72 |
| Net Debt / EBITDA | 1.80 | 3.19 |
Dividends
Dividend Yield (TTM)
Both Brown-Forman (BF.A) at 2.89% and Anheuser-Busch InBev (BUD) at 1.91% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
BF.A
Food, Beverage & Tobacco industry group
2.89%
- Max
- 9.38%
- Q3
- 3.77%
- BF.A
- 2.89%
- 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%
Dividend Payout Ratio (TTM)
Both Brown-Forman (BF.A) at 59.32% 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.
BF.A
Food, Beverage & Tobacco industry group
59.32%
- Max
- 199.19%
- Q3
- 81.03%
- BF.A
- 59.32%
- 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%
Dividend Metrics
| Metric | BF.A | BUD |
|---|---|---|
| Dividend Yield (TTM) | 2.89% | 1.91% |
| Dividend Payout Ratio (TTM) | 59.32% | 27.35% |
Valuation
P/E Ratio (TTM)
Both Brown-Forman (BF.A) at 20.30 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.
BF.A
Food, Beverage & Tobacco industry group
20.30
- Max
- 52.52
- Q3
- 30.78
- BF.A
- 20.30
- Median
- 18.76
- 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
P/S Ratio (TTM)
Both Brown-Forman (BF.A) at 3.69 and Anheuser-Busch InBev (BUD) at 2.58 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
BF.A
Food, Beverage & Tobacco industry group
3.69
- Max
- 4.64
- BF.A
- 3.69
- Q3
- 2.27
- Median
- 1.17
- Q1
- 0.52
- 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
P/B Ratio (MRQ)
Both look rich against book: Brown-Forman (BF.A) at 3.64 sits in the upper P/B ratio quartile, and Anheuser-Busch InBev (BUD) at 10.60 prices even higher, above its industry range.
BF.A
Food, Beverage & Tobacco industry group
3.64
- Max
- 6.35
- BF.A
- 3.64
- Q3
- 3.07
- 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
Valuation Metrics
| Metric | BF.A | BUD |
|---|---|---|
| P/E Ratio (TTM) | 20.30 | 17.07 |
| P/S Ratio (TTM) | 3.69 | 2.58 |
| P/B Ratio (MRQ) | 3.64 | 10.60 |
| Free Cash Flow Yield (TTM) | 4.75% | -- |