BTI vs. BUD: British American Tobacco vs. Anheuser-Busch InBev Stock Comparison
How do British American Tobacco (BTI) 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
British American Tobacco (BTI) and Anheuser-Busch InBev (BUD) both fall under the Food, Beverage & Tobacco industry group, but BTI is classified in Tobacco while BUD is classified in Beverages.
Both British American Tobacco (BTI) 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.
| Profile Item | BTI | BUD |
|---|---|---|
| Name | British American Tobacco p.l.c. ADR | Anheuser-Busch InBev S.A. ADR |
| Country/Region | United Kingdom | Belgium |
| GICS Sector | Consumer Staples | Consumer Staples |
| GICS Industry Group | Food, Beverage & Tobacco | Food, Beverage & Tobacco |
| GICS Industry | Tobacco | Beverages |
| GICS Sub-Industry | Tobacco | Brewers |
| Market Capitalization | 133.35 billion USD | 159.34 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | April 14, 1980 | July 1, 2009 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Performance Metrics
| Metric | BTI | BUD |
|---|---|---|
| Total Return (1Y) | 36.09% | 21.69% |
Risk Profile
Drawdown History
Risk Metrics
| Metric | BTI | BUD |
|---|---|---|
| Volatility (1Y, Annualized) | 23.35% | 26.66% |
| Beta (5Y) | 0.31 | 0.59 |
| Avg. Volume (3M) | 4.26M | 1.95M |
Risk-Adjusted Performance
Risk-Return Positioning
Profitability
ROE (TTM)
Capital efficiency shows on one side only: British American Tobacco (BTI) earns 15.82% on shareholders’ equity, ranked against its industry; Anheuser-Busch InBev (BUD) has no ROE this period.
BTI
Food, Beverage & Tobacco industry group
15.82%
- Max
- 37.95%
- Q3
- 18.99%
- BTI
- 15.82%
- Median
- 14.93%
- Q1
- 3.88%
- Min
- -18.08%
BUD
Food, Beverage & Tobacco industry group
--
- Max
- 37.95%
- Q3
- 18.99%
- Median
- 14.93%
- Q1
- 3.88%
- Min
- -18.08%
- BUD
- --
Net Margin (TTM)
British American Tobacco (BTI) at 30.32% converts revenue to bottom-line profit above its industry’s benchmark range, while Anheuser-Busch InBev (BUD) at 11.90% keeps roughly the typical share for its industry.
BTI
Food, Beverage & Tobacco industry group
30.32%
- BTI
- 30.32%
- Max
- 27.80%
- Q3
- 12.29%
- Median
- 6.11%
- Q1
- 1.28%
- Min
- -7.46%
BUD
Food, Beverage & Tobacco industry group
11.90%
- Max
- 27.80%
- Q3
- 12.29%
- BUD
- 11.90%
- Median
- 6.11%
- Q1
- 1.28%
- Min
- -7.46%
Operating Margin (TTM)
Both British American Tobacco (BTI) at 34.58% and Anheuser-Busch InBev (BUD) at 26.69% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
BTI
Food, Beverage & Tobacco industry group
34.58%
- Max
- 36.04%
- BTI
- 34.58%
- Q3
- 17.68%
- Median
- 10.44%
- Q1
- 3.65%
- Min
- -7.33%
BUD
Food, Beverage & Tobacco industry group
26.69%
- Max
- 36.04%
- BUD
- 26.69%
- Q3
- 17.68%
- Median
- 10.44%
- Q1
- 3.65%
- Min
- -7.33%
Profitability Metrics
| Metric | BTI | BUD |
|---|---|---|
| ROE (TTM) | 15.82% | -- |
| ROA (TTM) | 5.34% | -- |
| Net Margin (TTM) | 30.32% | 11.90% |
| Operating Margin (TTM) | 34.58% | 26.69% |
| Gross Margin (TTM) | 82.65% | 56.17% |
Growth
Revenue Growth
Revenue Growth Metrics
| Metric | BTI | BUD |
|---|---|---|
| Revenue Growth (YoY) | -0.99% | -0.75% |
| Revenue Growth (3Y CAGR) | -2.53% | 0.88% |
EPS Growth
EPS Growth Metrics
| Metric | BTI | BUD |
|---|---|---|
| EPS Growth (YoY) | 156.69% | 16.10% |
| EPS Growth (3Y CAGR) | 6.15% | 5.22% |
Financial Strength
Current Ratio (MRQ)
Short-term liquidity can only be read on one side of this pairing: British American Tobacco (BTI) shows current ratio of 0.87 against its industry benchmark, while Anheuser-Busch InBev (BUD) has no reading this period.
BTI
Food, Beverage & Tobacco industry group
0.87
- Max
- 5.06
- Q3
- 2.66
- Median
- 1.60
- Q1
- 1.05
- BTI
- 0.87
- Min
- 0.54
BUD
Food, Beverage & Tobacco industry group
--
- Max
- 5.06
- Q3
- 2.66
- Median
- 1.60
- Q1
- 1.05
- Min
- 0.54
- BUD
- --
Debt / Equity (MRQ)
Both British American Tobacco (BTI) at 0.73 and Anheuser-Busch InBev (BUD) at 0.75 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
BTI
Food, Beverage & Tobacco industry group
0.73
- Max
- 2.20
- Q3
- 1.12
- BTI
- 0.73
- Median
- 0.70
- Q1
- 0.35
- Min
- 0.00
BUD
Food, Beverage & Tobacco industry group
0.75
- Max
- 2.20
- Q3
- 1.12
- BUD
- 0.75
- Median
- 0.70
- Q1
- 0.35
- Min
- 0.00
Financial Strength Metrics
| Metric | BTI | BUD |
|---|---|---|
| Current Ratio (MRQ) | 0.87 | -- |
| Debt / Equity (MRQ) | 0.73 | 0.75 |
| Net Debt / EBITDA | 2.66 | 3.11 |
Dividends
Dividend Yield (TTM)
Anheuser-Busch InBev (BUD) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile British American Tobacco (BTI) reports a yield of 3.91%, ranking against industry peers normally.
BTI
Food, Beverage & Tobacco industry group
3.91%
- Max
- 10.01%
- Q3
- 4.23%
- BTI
- 3.91%
- Median
- 2.71%
- Q1
- 0.00%
- Min
- 0.00%
BUD
Food, Beverage & Tobacco industry group
0.00%
- Max
- 10.01%
- Q3
- 4.23%
- Median
- 2.71%
- BUD
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both British American Tobacco (BTI) at 68.73% and Anheuser-Busch InBev (BUD) at 36.02% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
BTI
Food, Beverage & Tobacco industry group
68.73%
- Max
- 159.06%
- Q3
- 86.47%
- BTI
- 68.73%
- Median
- 44.62%
- Q1
- 0.00%
- Min
- 0.00%
BUD
Food, Beverage & Tobacco industry group
36.02%
- Max
- 159.06%
- Q3
- 86.47%
- Median
- 44.62%
- BUD
- 36.02%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BTI | BUD |
|---|---|---|
| Dividend Yield (TTM) | 3.91% | 0.00% |
| Dividend Payout Ratio (TTM) | 68.73% | 36.02% |
Valuation
P/E Ratio (TTM)
Both British American Tobacco (BTI) at 13.40 and Anheuser-Busch InBev (BUD) at 22.83 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
BTI
Food, Beverage & Tobacco industry group
13.40
- Max
- 47.93
- Q3
- 29.08
- Median
- 18.25
- BTI
- 13.40
- Q1
- 11.32
- Min
- 5.61
BUD
Food, Beverage & Tobacco industry group
22.83
- Max
- 47.93
- Q3
- 29.08
- BUD
- 22.83
- Median
- 18.25
- Q1
- 11.32
- Min
- 5.61
P/S Ratio (TTM)
Both British American Tobacco (BTI) at 5.21 and Anheuser-Busch InBev (BUD) at 2.61 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
BTI
Food, Beverage & Tobacco industry group
5.21
- BTI
- 5.21
- Max
- 5.21
- Q3
- 2.44
- Median
- 0.95
- Q1
- 0.53
- Min
- 0.00
BUD
Food, Beverage & Tobacco industry group
2.61
- Max
- 5.21
- BUD
- 2.61
- Q3
- 2.44
- Median
- 0.95
- Q1
- 0.53
- Min
- 0.00
P/B Ratio (MRQ)
Measured against book value, both British American Tobacco (BTI) at 11.04 and Anheuser-Busch InBev (BUD) at 11.03 look expensive — each P/B ratio sits above its industry’s benchmark range.
BTI
Food, Beverage & Tobacco industry group
11.04
- BTI
- 11.04
- Max
- 6.01
- Q3
- 3.17
- Median
- 1.68
- Q1
- 0.90
- Min
- 0.00
BUD
Food, Beverage & Tobacco industry group
11.03
- BUD
- 11.03
- Max
- 6.01
- Q3
- 3.17
- Median
- 1.68
- Q1
- 0.90
- Min
- 0.00
Valuation Metrics
| Metric | BTI | BUD |
|---|---|---|
| P/E Ratio (TTM) | 13.40 | 22.83 |
| P/S Ratio (TTM) | 5.21 | 2.61 |
| P/B Ratio (MRQ) | 11.04 | 11.03 |
| Free Cash Flow Yield (TTM) | 2.25% | -- |