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 | 123.00 billion USD | 157.00 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
Calendar-Year Returns
Performance Metrics
| Metric | BTI | BUD |
|---|---|---|
| Total Return (1Y) | 5.08% | 33.34% |
| Total Return (3Y, Annualized) | 30.21% | 14.02% |
| Total Return (5Y, Annualized) | 17.36% | 6.64% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BTI | BUD |
|---|---|---|
| Volatility (1Y, Annualized) | 25.11% | 23.38% |
| Beta (5Y) | 0.30 | 0.58 |
| Max Drawdown (5Y) | -29.84% | -33.13% |
| Avg. Volume (3M) | 4.21M | 1.96M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BTI | BUD |
|---|---|---|
| Sharpe Ratio (1Y) | 0.04 | 1.26 |
| Sortino Ratio (1Y) | 0.07 | 1.97 |
Profitability
ROE (TTM)
Both British American Tobacco (BTI) at 13.42% and Anheuser-Busch InBev (BUD) at 11.39% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
BTI
Food, Beverage & Tobacco industry group
13.42%
- Max
- 34.02%
- Q3
- 17.32%
- BTI
- 13.42%
- Median
- 12.17%
- Q1
- 3.66%
- Min
- -16.01%
BUD
Food, Beverage & Tobacco industry group
11.39%
- Max
- 34.02%
- Q3
- 17.32%
- Median
- 12.17%
- BUD
- 11.39%
- Q1
- 3.66%
- Min
- -16.01%
Net Margin (TTM)
For every dollar of sales, both British American Tobacco (BTI) at 24.99% and Anheuser-Busch InBev (BUD) at 14.90% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
BTI
Food, Beverage & Tobacco industry group
24.99%
- Max
- 25.56%
- BTI
- 24.99%
- Q3
- 11.22%
- Median
- 5.94%
- Q1
- 1.08%
- Min
- -13.81%
BUD
Food, Beverage & Tobacco industry group
14.90%
- Max
- 25.56%
- BUD
- 14.90%
- Q3
- 11.22%
- Median
- 5.94%
- Q1
- 1.08%
- Min
- -13.81%
Operating Margin (TTM)
Both British American Tobacco (BTI) at 34.91% and Anheuser-Busch InBev (BUD) at 27.34% 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
34.91%
- Max
- 35.93%
- BTI
- 34.91%
- Q3
- 17.10%
- Median
- 11.30%
- Q1
- 3.99%
- Min
- -11.04%
BUD
Food, Beverage & Tobacco industry group
27.34%
- Max
- 35.93%
- BUD
- 27.34%
- Q3
- 17.10%
- Median
- 11.30%
- Q1
- 3.99%
- Min
- -11.04%
Profitability Metrics
| Metric | BTI | BUD |
|---|---|---|
| ROE (TTM) | 13.42% | 11.39% |
| ROA (TTM) | 5.12% | 4.88% |
| Net Margin (TTM) | 24.99% | 14.90% |
| Operating Margin (TTM) | 34.91% | 27.34% |
| Gross Margin (TTM) | 82.72% | 56.49% |
Growth
Revenue Growth
Anheuser-Busch InBev (BUD) at -0.75% is around its peer norm for revenue growth, while British American Tobacco (BTI) at -0.99% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
British American Tobacco (BTI) at 156.69% clears its industry range for EPS growth, a much stronger earnings trajectory than Anheuser-Busch InBev (BUD) at 16.10%, which is closer to a typical peer reading.
Growth Metrics
| Metric | BTI | BUD |
|---|---|---|
| Revenue Growth (YoY) | -0.99% | -0.75% |
| Revenue Growth (3Y CAGR) | -2.53% | 0.88% |
| EPS Growth (YoY) | 156.69% | 16.10% |
| EPS Growth (3Y CAGR) | 6.15% | 5.22% |
Financial Strength
Current Ratio (MRQ)
Both British American Tobacco (BTI) at 0.84 and Anheuser-Busch InBev (BUD) at 0.66 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
BTI
Food, Beverage & Tobacco industry group
0.84
- Max
- 4.39
- Q3
- 2.48
- Median
- 1.47
- Q1
- 1.00
- BTI
- 0.84
- Min
- 0.43
BUD
Food, Beverage & Tobacco industry group
0.66
- Max
- 4.39
- Q3
- 2.48
- Median
- 1.47
- Q1
- 1.00
- BUD
- 0.66
- Min
- 0.43
Debt / Equity (MRQ)
Both British American Tobacco (BTI) at 0.72 and Anheuser-Busch InBev (BUD) at 0.72 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
BTI
Food, Beverage & Tobacco industry group
0.72
- Max
- 2.21
- Q3
- 1.13
- BTI
- 0.72
- Median
- 0.71
- Q1
- 0.31
- Min
- 0.00
BUD
Food, Beverage & Tobacco industry group
0.72
- Max
- 2.21
- Q3
- 1.13
- BUD
- 0.72
- Median
- 0.71
- Q1
- 0.31
- Min
- 0.00
Financial Strength Metrics
| Metric | BTI | BUD |
|---|---|---|
| Current Ratio (MRQ) | 0.84 | 0.66 |
| Debt / Equity (MRQ) | 0.72 | 0.72 |
| Net Debt / EBITDA | 2.90 | 3.28 |
Dividends
Dividend Yield (TTM)
British American Tobacco (BTI) at 4.27% delivers top-quartile income for its industry, while Anheuser-Busch InBev (BUD) at 1.46% pays a more typical yield — both are credible income propositions, BTI the richer one.
BTI
Food, Beverage & Tobacco industry group
4.27%
- Max
- 9.10%
- BTI
- 4.27%
- Q3
- 3.96%
- Median
- 2.53%
- Q1
- 0.00%
- Min
- 0.00%
BUD
Food, Beverage & Tobacco industry group
1.46%
- Max
- 9.10%
- Q3
- 3.96%
- Median
- 2.53%
- BUD
- 1.46%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Anheuser-Busch InBev (BUD) at 29.00% pays out a band-typical share of earnings, while British American Tobacco (BTI) at 84.64% distributes more than its industry norm — less retained, thinner cover.
BTI
Food, Beverage & Tobacco industry group
84.64%
- Max
- 169.01%
- BTI
- 84.64%
- Q3
- 81.71%
- Median
- 46.29%
- Q1
- 0.00%
- Min
- 0.00%
BUD
Food, Beverage & Tobacco industry group
29.00%
- Max
- 169.01%
- Q3
- 81.71%
- Median
- 46.29%
- BUD
- 29.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BTI | BUD |
|---|---|---|
| Dividend Yield (TTM) | 4.27% | 1.46% |
| Dividend Payout Ratio (TTM) | 84.64% | 29.00% |
Valuation
P/E Ratio (TTM)
Both British American Tobacco (BTI) at 14.52 and Anheuser-Busch InBev (BUD) at 17.30 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
14.52
- Max
- 43.35
- Q3
- 30.96
- Median
- 18.87
- BTI
- 14.52
- Q1
- 13.69
- Min
- 5.48
BUD
Food, Beverage & Tobacco industry group
17.30
- Max
- 43.35
- Q3
- 30.96
- Median
- 18.87
- BUD
- 17.30
- Q1
- 13.69
- Min
- 5.48
P/S Ratio (TTM)
Both British American Tobacco (BTI) at 4.77 and Anheuser-Busch InBev (BUD) at 2.51 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
4.77
- BTI
- 4.77
- Max
- 4.77
- Q3
- 2.32
- Median
- 1.10
- Q1
- 0.56
- Min
- 0.00
BUD
Food, Beverage & Tobacco industry group
2.51
- Max
- 4.77
- BUD
- 2.51
- Q3
- 2.32
- Median
- 1.10
- Q1
- 0.56
- Min
- 0.00
P/B Ratio (MRQ)
Measured against book value, both British American Tobacco (BTI) at 9.85 and Anheuser-Busch InBev (BUD) at 10.07 look expensive — each P/B ratio sits above its industry’s benchmark range.
BTI
Food, Beverage & Tobacco industry group
9.85
- BTI
- 9.85
- Max
- 6.14
- Q3
- 3.27
- Median
- 1.77
- Q1
- 0.96
- Min
- 0.00
BUD
Food, Beverage & Tobacco industry group
10.07
- BUD
- 10.07
- Max
- 6.14
- Q3
- 3.27
- Median
- 1.77
- Q1
- 0.96
- Min
- 0.00
Valuation Metrics
| Metric | BTI | BUD |
|---|---|---|
| P/E Ratio (TTM) | 14.52 | 17.30 |
| P/S Ratio (TTM) | 4.77 | 2.51 |
| P/B Ratio (MRQ) | 9.85 | 10.07 |
| Free Cash Flow Yield (TTM) | 2.87% | 6.81% |