BUD vs. DEO: Anheuser-Busch InBev vs. Diageo Stock Comparison
How do Anheuser-Busch InBev (BUD) and Diageo (DEO) 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
Anheuser-Busch InBev (BUD) and Diageo (DEO) both belong to the Beverages industry, though BUD is classified under Brewers while DEO falls under Distillers & Vintners.
Both Anheuser-Busch InBev (BUD) and Diageo (DEO) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.
| Profile Item | BUD | DEO |
|---|---|---|
| Name | Anheuser-Busch InBev SA/NV Sponsored ADR | Diageo plc Sponsored ADR |
| Country/Region | Belgium | United Kingdom |
| GICS Sector | Consumer Staples | Consumer Staples |
| GICS Industry Group | Food, Beverage & Tobacco | Food, Beverage & Tobacco |
| GICS Industry | Beverages | Beverages |
| GICS Sub-Industry | Brewers | Distillers & Vintners |
| Market Capitalization | 165.33 billion USD | 55.56 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 1, 2009 | March 14, 1991 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BUD | DEO |
|---|---|---|
| Total Return (1Y) | 35.80% | 13.51% |
| Total Return (3Y, Annualized) | 14.02% | -11.57% |
| Total Return (5Y, Annualized) | 8.59% | -10.73% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BUD | DEO |
|---|---|---|
| Volatility (1Y, Annualized) | 25.37% | 33.21% |
| Beta (5Y) | 0.51 | 0.52 |
| Max Drawdown (5Y) | -33.13% | -63.41% |
| Avg. Volume (3M) | 2.32M | 1.07M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BUD | DEO |
|---|---|---|
| Sharpe Ratio (1Y) | 1.24 | 0.28 |
| Sortino Ratio (1Y) | 1.95 | 0.38 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Diageo (DEO) earns 14.99% on shareholders’ equity, ranked against its industry; Anheuser-Busch InBev (BUD) has no ROE this period.
BUD
Food, Beverage & Tobacco industry group
--
- Max
- 32.02%
- Q3
- 16.61%
- Median
- 10.05%
- Q1
- 4.10%
- Min
- -10.50%
- BUD
- --
DEO
Food, Beverage & Tobacco industry group
14.99%
- Max
- 32.02%
- Q3
- 16.61%
- DEO
- 14.99%
- Median
- 10.05%
- Q1
- 4.10%
- Min
- -10.50%
Net Margin (TTM)
Anheuser-Busch InBev (BUD) at 15.42% retains a top-quartile share of revenue as profit, ahead of Diageo (DEO) at 8.84%, which keeps about the industry-typical share.
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%
DEO
Food, Beverage & Tobacco industry group
8.84%
- Max
- 24.83%
- Q3
- 11.22%
- DEO
- 8.84%
- Median
- 5.94%
- Q1
- 2.05%
- Min
- -11.49%
Operating Margin (TTM)
Both Anheuser-Busch InBev (BUD) at 27.48% and Diageo (DEO) at 27.04% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
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%
DEO
Food, Beverage & Tobacco industry group
27.04%
- Max
- 34.91%
- DEO
- 27.04%
- Q3
- 17.57%
- Median
- 11.06%
- Q1
- 4.15%
- Min
- -15.06%
Profitability Metrics
| Metric | BUD | DEO |
|---|---|---|
| ROE (TTM) | -- | 14.99% |
| ROA (TTM) | -- | 7.48% |
| Net Margin (TTM) | 15.42% | 8.84% |
| Operating Margin (TTM) | 27.48% | 27.04% |
| Gross Margin (TTM) | 56.47% | 59.82% |
Growth
Revenue Growth
Anheuser-Busch InBev (BUD) at -0.75% is around its peer norm for revenue growth, while Diageo (DEO) at -2.97% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both Anheuser-Busch InBev (BUD) at 16.10% and Diageo (DEO) at -26.30% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | BUD | DEO |
|---|---|---|
| Revenue Growth (YoY) | -0.75% | -2.97% |
| Revenue Growth (3Y CAGR) | 0.88% | -1.50% |
| EPS Growth (YoY) | 16.10% | -26.30% |
| EPS Growth (3Y CAGR) | 5.22% | -27.84% |
Financial Strength
Current Ratio (MRQ)
Short-term liquidity can only be read on one side of this pairing: Diageo (DEO) shows current ratio of 1.60 against its industry benchmark, while Anheuser-Busch InBev (BUD) has no reading this period.
BUD
Food, Beverage & Tobacco industry group
--
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- Q1
- 1.02
- Min
- 0.33
- BUD
- --
DEO
Food, Beverage & Tobacco industry group
1.60
- Max
- 4.01
- Q3
- 2.35
- DEO
- 1.60
- Median
- 1.53
- Q1
- 1.02
- Min
- 0.33
Debt / Equity (MRQ)
Anheuser-Busch InBev (BUD) at 0.72 carries an industry-typical debt-to-equity mix, while Diageo (DEO) at 1.71 uses more debt funding than most peers.
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
DEO
Food, Beverage & Tobacco industry group
1.71
- Max
- 2.19
- DEO
- 1.71
- Q3
- 1.11
- Median
- 0.68
- Q1
- 0.33
- Min
- 0.00
Financial Strength Metrics
| Metric | BUD | DEO |
|---|---|---|
| Current Ratio (MRQ) | -- | 1.60 |
| Debt / Equity (MRQ) | 0.72 | 1.71 |
| Net Debt / EBITDA | 3.19 | 3.18 |
Dividends
Dividend Yield (TTM)
Both Anheuser-Busch InBev (BUD) at 1.91% and Diageo (DEO) at 0.50% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
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%
DEO
Food, Beverage & Tobacco industry group
0.50%
- Max
- 9.38%
- Q3
- 3.77%
- Median
- 1.76%
- DEO
- 0.50%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Diageo (DEO) reports payout ratio above 100% at 106.52%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Anheuser-Busch InBev (BUD) reports 27.35%, ranking against industry peers normally.
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%
DEO
Food, Beverage & Tobacco industry group
106.52%
- Max
- 199.19%
- DEO
- 106.52%
- Q3
- 81.03%
- Median
- 41.52%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BUD | DEO |
|---|---|---|
| Dividend Yield (TTM) | 1.91% | 0.50% |
| Dividend Payout Ratio (TTM) | 27.35% | 106.52% |
Valuation
P/E Ratio (TTM)
Anheuser-Busch InBev (BUD) at 17.07 is near its industry’s usual P/E ratio, while Diageo (DEO) at 31.97 sits in the richer quartile — DEO needs stronger growth or earnings quality to justify the premium.
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
DEO
Food, Beverage & Tobacco industry group
31.97
- Max
- 52.52
- DEO
- 31.97
- Q3
- 30.78
- Median
- 18.76
- Q1
- 12.77
- Min
- 4.72
P/S Ratio (TTM)
Both Anheuser-Busch InBev (BUD) at 2.58 and Diageo (DEO) at 2.83 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
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
DEO
Food, Beverage & Tobacco industry group
2.83
- Max
- 4.64
- DEO
- 2.83
- Q3
- 2.27
- Median
- 1.17
- Q1
- 0.52
- Min
- 0.00
P/B Ratio (MRQ)
Measured against book value, both Anheuser-Busch InBev (BUD) at 10.60 and Diageo (DEO) at 91.95 look expensive — each P/B ratio sits above its industry’s benchmark range.
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
DEO
Food, Beverage & Tobacco industry group
91.95
- DEO
- 91.95
- Max
- 6.35
- Q3
- 3.07
- Median
- 1.58
- Q1
- 0.82
- Min
- 0.00
Valuation Metrics
| Metric | BUD | DEO |
|---|---|---|
| P/E Ratio (TTM) | 17.07 | 31.97 |
| P/S Ratio (TTM) | 2.58 | 2.83 |
| P/B Ratio (MRQ) | 10.60 | 91.95 |
| Free Cash Flow Yield (TTM) | -- | 4.62% |