BUD vs. FMX: Anheuser-Busch InBev vs. Fomento Económico Mexicano Stock Comparison
How do Anheuser-Busch InBev (BUD) and Fomento Económico Mexicano (FMX) 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 Fomento Económico Mexicano (FMX) both belong to the Beverages industry, though BUD is classified under Brewers while FMX falls under Soft Drinks & Non-alcoholic Beverages.
Both Anheuser-Busch InBev (BUD) and Fomento Económico Mexicano (FMX) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.
| Profile Item | BUD | FMX |
|---|---|---|
| Name | Anheuser-Busch InBev SA/NV Sponsored ADR | Fomento Economico Mexicano S.A.B. de C.V. ADR |
| Country/Region | Belgium | Mexico |
| GICS Sector | Consumer Staples | Consumer Staples |
| GICS Industry Group | Food, Beverage & Tobacco | Food, Beverage & Tobacco |
| GICS Industry | Beverages | Beverages |
| GICS Sub-Industry | Brewers | Soft Drinks & Non-alcoholic Beverages |
| Market Capitalization | 165.33 billion USD | 44.24 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 1, 2009 | May 11, 1998 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BUD | FMX |
|---|---|---|
| Total Return (1Y) | 35.80% | 42.35% |
| Total Return (3Y, Annualized) | 14.02% | 7.41% |
| Total Return (5Y, Annualized) | 8.59% | 13.51% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BUD | FMX |
|---|---|---|
| Volatility (1Y, Annualized) | 25.37% | 24.53% |
| Beta (5Y) | 0.51 | 0.41 |
| Max Drawdown (5Y) | -33.13% | -41.28% |
| Avg. Volume (3M) | 2.32M | 526.12K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BUD | FMX |
|---|---|---|
| Sharpe Ratio (1Y) | 1.24 | 1.55 |
| Sortino Ratio (1Y) | 1.95 | 2.44 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Fomento Económico Mexicano (FMX) earns 14.96% 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
- --
FMX
Food, Beverage & Tobacco industry group
14.96%
- Max
- 32.02%
- Q3
- 16.61%
- FMX
- 14.96%
- 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 Fomento Económico Mexicano (FMX) at 3.99%, 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%
FMX
Food, Beverage & Tobacco industry group
3.99%
- Max
- 24.83%
- Q3
- 11.22%
- Median
- 5.94%
- FMX
- 3.99%
- Q1
- 2.05%
- Min
- -11.49%
Operating Margin (TTM)
Anheuser-Busch InBev (BUD) at 27.48% operates in the top operating margin quartile, ahead of Fomento Económico Mexicano (FMX) at 8.17%, which runs around its industry’s norm.
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%
FMX
Food, Beverage & Tobacco industry group
8.17%
- Max
- 34.91%
- Q3
- 17.57%
- Median
- 11.06%
- FMX
- 8.17%
- Q1
- 4.15%
- Min
- -15.06%
Profitability Metrics
| Metric | BUD | FMX |
|---|---|---|
| ROE (TTM) | -- | 14.96% |
| ROA (TTM) | -- | 6.56% |
| Net Margin (TTM) | 15.42% | 3.99% |
| Operating Margin (TTM) | 27.48% | 8.17% |
| Gross Margin (TTM) | 56.47% | 40.49% |
Growth
Revenue Growth
Both Anheuser-Busch InBev (BUD) at -0.75% and Fomento Económico Mexicano (FMX) at 7.60% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Anheuser-Busch InBev (BUD) at 16.10% is around its peer norm for EPS growth, while Fomento Económico Mexicano (FMX) at -49.50% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | BUD | FMX |
|---|---|---|
| Revenue Growth (YoY) | -0.75% | 7.60% |
| Revenue Growth (3Y CAGR) | 0.88% | 12.10% |
| EPS Growth (YoY) | 16.10% | -49.50% |
| EPS Growth (3Y CAGR) | 5.22% | -6.47% |
Financial Strength
Current Ratio (MRQ)
Short-term liquidity can only be read on one side of this pairing: Fomento Económico Mexicano (FMX) shows current ratio of 1.15 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
- --
FMX
Food, Beverage & Tobacco industry group
1.15
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- FMX
- 1.15
- Q1
- 1.02
- Min
- 0.33
Debt / Equity (MRQ)
Both Anheuser-Busch InBev (BUD) at 0.72 and Fomento Económico Mexicano (FMX) at 0.82 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
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
FMX
Food, Beverage & Tobacco industry group
0.82
- Max
- 2.19
- Q3
- 1.11
- FMX
- 0.82
- Median
- 0.68
- Q1
- 0.33
- Min
- 0.00
Financial Strength Metrics
| Metric | BUD | FMX |
|---|---|---|
| Current Ratio (MRQ) | -- | 1.15 |
| Debt / Equity (MRQ) | 0.72 | 0.82 |
| Net Debt / EBITDA | 3.19 | 1.34 |
Dividends
Dividend Yield (TTM)
Fomento Económico Mexicano (FMX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Anheuser-Busch InBev (BUD) reports a yield of 1.91%, ranking against industry peers normally.
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%
FMX
Food, Beverage & Tobacco industry group
0.00%
- Max
- 9.38%
- Q3
- 3.77%
- Median
- 1.76%
- FMX
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Anheuser-Busch InBev (BUD) at 27.35% and Fomento Económico Mexicano (FMX) at 39.05% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
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%
FMX
Food, Beverage & Tobacco industry group
39.05%
- Max
- 199.19%
- Q3
- 81.03%
- Median
- 41.52%
- FMX
- 39.05%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BUD | FMX |
|---|---|---|
| Dividend Yield (TTM) | 1.91% | 0.00% |
| Dividend Payout Ratio (TTM) | 27.35% | 39.05% |
Valuation
P/E Ratio (TTM)
Fomento Económico Mexicano (FMX) at 8.40 sits in the cheaper P/E ratio quartile, while Anheuser-Busch InBev (BUD) at 17.07 is closer to its industry’s usual earnings multiple — a discount for FMX, though growth and earnings durability still matter.
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
FMX
Food, Beverage & Tobacco industry group
8.40
- Max
- 52.52
- Q3
- 30.78
- Median
- 18.76
- Q1
- 12.77
- FMX
- 8.40
- Min
- 4.72
P/S Ratio (TTM)
Fomento Económico Mexicano (FMX) at 0.05 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.
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
FMX
Food, Beverage & Tobacco industry group
0.05
- Max
- 4.64
- Q3
- 2.27
- Median
- 1.17
- Q1
- 0.52
- FMX
- 0.05
- Min
- 0.00
P/B Ratio (MRQ)
Both look rich against book: Fomento Económico Mexicano (FMX) at 3.71 sits in the upper P/B ratio quartile, and Anheuser-Busch InBev (BUD) at 10.60 prices even higher, above its industry 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
FMX
Food, Beverage & Tobacco industry group
3.71
- Max
- 6.35
- FMX
- 3.71
- Q3
- 3.07
- Median
- 1.58
- Q1
- 0.82
- Min
- 0.00
Valuation Metrics
| Metric | BUD | FMX |
|---|---|---|
| P/E Ratio (TTM) | 17.07 | 8.40 |
| P/S Ratio (TTM) | 2.58 | 0.05 |
| P/B Ratio (MRQ) | 10.60 | 3.71 |
| Free Cash Flow Yield (TTM) | -- | 200.25% |