Seek Returns

BUD vs. HSY: Anheuser-Busch InBev vs. Hershey Stock Comparison

How do Anheuser-Busch InBev (BUD) and Hershey (HSY) 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 Hershey (HSY) both fall under the Food, Beverage & Tobacco industry group, but BUD is classified in Beverages while HSY is classified in Food Products.

Hershey (HSY) 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.

Company profile comparison for Anheuser-Busch InBev (BUD) and Hershey (HSY)
Profile ItemBUDHSY
NameAnheuser-Busch InBev SA/NV Sponsored ADRThe Hershey Company Common Stock
Country/RegionBelgiumUnited States
GICS SectorConsumer StaplesConsumer Staples
GICS Industry GroupFood, Beverage & TobaccoFood, Beverage & Tobacco
GICS IndustryBeveragesFood Products
GICS Sub-IndustryBrewersPackaged Foods & Meats
Market Capitalization165.33 billion USD35.79 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJuly 1, 2009March 17, 1980
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

BUD
HSY
GSPC
Loading price history…
Anheuser-Busch InBev (BUD) vs. Hershey (HSY), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Anheuser-Busch InBev (BUD) and Hershey (HSY). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Anheuser-Busch InBev (BUD) and Hershey (HSY). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Anheuser-Busch InBev (BUD) and Hershey (HSY)
MetricBUDHSY
Total Return (1Y)35.80%3.76%
Total Return (3Y, Annualized)14.02%-0.13%
Total Return (5Y, Annualized)8.59%2.04%

Risk Profile

Drawdown History

BUD
HSY
GSPC
Loading price history…
Anheuser-Busch InBev (BUD) vs. Hershey (HSY), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Anheuser-Busch InBev (BUD) and Hershey (HSY). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Anheuser-Busch InBev (BUD) and Hershey (HSY)
MetricBUDHSY
Volatility (1Y, Annualized)25.37%27.95%
Beta (5Y)0.510.07
Max Drawdown (5Y)-33.13%-45.25%
Avg. Volume (3M)2.32M1.48M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
BUD and HSY are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Anheuser-Busch InBev (BUD) and Hershey (HSY)
MetricBUDHSY
Sharpe Ratio (1Y)1.24-0.02
Sortino Ratio (1Y)1.95-0.03

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Hershey (HSY) earns 38.00% 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
--

HSY

Food, Beverage & Tobacco industry group

38.00%

HSY
38.00%
Max
32.02%
Q3
16.61%
Median
10.05%
Q1
4.10%
Min
-10.50%
Loading chart…
Anheuser-Busch InBev (BUD) vs. Hershey (HSY): BUD does not report ROE, so it has no value marker; HSY is benchmarked against the Food, Beverage & Tobacco industry group.

Net Margin (TTM)

For every dollar of sales, both Anheuser-Busch InBev (BUD) at 15.42% and Hershey (HSY) at 14.63% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

HSY

Food, Beverage & Tobacco industry group

14.63%

Max
24.83%
HSY
14.63%
Q3
11.22%
Median
5.94%
Q1
2.05%
Min
-11.49%
Loading chart…
Anheuser-Busch InBev (BUD) vs. Hershey (HSY): A comparison of their net margin against the Food, Beverage & Tobacco industry group benchmark.

Operating Margin (TTM)

Both Anheuser-Busch InBev (BUD) at 27.48% and Hershey (HSY) at 25.55% 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%

HSY

Food, Beverage & Tobacco industry group

25.55%

Max
34.91%
HSY
25.55%
Q3
17.57%
Median
11.06%
Q1
4.15%
Min
-15.06%
Loading chart…
Anheuser-Busch InBev (BUD) vs. Hershey (HSY): A comparison of their operating margin against the Food, Beverage & Tobacco industry group benchmark.

Profitability Metrics

Profitability metrics for Anheuser-Busch InBev (BUD) and Hershey (HSY)
MetricBUDHSY
ROE (TTM)--38.00%
ROA (TTM)--11.82%
Net Margin (TTM)15.42%14.63%
Operating Margin (TTM)27.48%25.55%
Gross Margin (TTM)56.47%41.95%

Growth

Revenue Growth

Both Anheuser-Busch InBev (BUD) at -0.75% and Hershey (HSY) at 4.38% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Loading chart…
Anheuser-Busch InBev (BUD) vs. Hershey (HSY): A comparison of their Revenue Growth across different time periods.

EPS Growth

Anheuser-Busch InBev (BUD) at 16.10% is around its peer norm for EPS growth, while Hershey (HSY) at -60.26% drops into the bottom quartile, signaling weaker earnings momentum.

Loading chart…
Anheuser-Busch InBev (BUD) vs. Hershey (HSY): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Anheuser-Busch InBev (BUD) and Hershey (HSY)
MetricBUDHSY
Revenue Growth (YoY)-0.75%4.38%
Revenue Growth (3Y CAGR)0.88%3.92%
EPS Growth (YoY)16.10%-60.26%
EPS Growth (3Y CAGR)5.22%-18.31%

Financial Strength

Current Ratio (MRQ)

Short-term liquidity can only be read on one side of this pairing: Hershey (HSY) shows current ratio of 1.24 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
--

HSY

Food, Beverage & Tobacco industry group

1.24

Max
4.01
Q3
2.35
Median
1.53
HSY
1.24
Q1
1.02
Min
0.33
Loading chart…
Anheuser-Busch InBev (BUD) vs. Hershey (HSY): BUD does not report current ratio, so it has no value marker; HSY is benchmarked against the Food, Beverage & Tobacco industry group.

Debt / Equity (MRQ)

Both Anheuser-Busch InBev (BUD) at 0.72 and Hershey (HSY) at 1.11 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

HSY

Food, Beverage & Tobacco industry group

1.11

Max
2.19
HSY
1.11
Q3
1.11
Median
0.68
Q1
0.33
Min
0.00
Loading chart…
Anheuser-Busch InBev (BUD) vs. Hershey (HSY): A comparison of their debt-to-equity ratio against the Food, Beverage & Tobacco industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Anheuser-Busch InBev (BUD) and Hershey (HSY)
MetricBUDHSY
Current Ratio (MRQ)--1.24
Debt / Equity (MRQ)0.721.11
Net Debt / EBITDA3.191.52

Dividends

Dividend Yield (TTM)

Both Anheuser-Busch InBev (BUD) at 1.91% and Hershey (HSY) at 3.23% 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%

HSY

Food, Beverage & Tobacco industry group

3.23%

Max
9.38%
Q3
3.77%
HSY
3.23%
Median
1.76%
Q1
0.00%
Min
0.00%
Loading chart…
Anheuser-Busch InBev (BUD) vs. Hershey (HSY): A comparison of their dividend yield against the Food, Beverage & Tobacco industry group benchmark.

Dividend Payout Ratio (TTM)

Both Anheuser-Busch InBev (BUD) at 27.35% and Hershey (HSY) at 64.77% 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%

HSY

Food, Beverage & Tobacco industry group

64.77%

Max
199.19%
Q3
81.03%
HSY
64.77%
Median
41.52%
Q1
0.00%
Min
0.00%
Loading chart…
Anheuser-Busch InBev (BUD) vs. Hershey (HSY): A comparison of their payout ratio against the Food, Beverage & Tobacco industry group benchmark.

Dividend Metrics

Dividend metrics for Anheuser-Busch InBev (BUD) and Hershey (HSY)
MetricBUDHSY
Dividend Yield (TTM)1.91%3.23%
Dividend Payout Ratio (TTM)27.35%64.77%

Valuation

P/E Ratio (TTM)

Both Anheuser-Busch InBev (BUD) at 17.07 and Hershey (HSY) at 20.14 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

HSY

Food, Beverage & Tobacco industry group

20.14

Max
52.52
Q3
30.78
HSY
20.14
Median
18.76
Q1
12.77
Min
4.72
Loading chart…
Anheuser-Busch InBev (BUD) vs. Hershey (HSY): A comparison of their P/E ratio against the Food, Beverage & Tobacco industry group benchmark.

P/S Ratio (TTM)

Both Anheuser-Busch InBev (BUD) at 2.58 and Hershey (HSY) at 2.92 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

HSY

Food, Beverage & Tobacco industry group

2.92

Max
4.64
HSY
2.92
Q3
2.27
Median
1.17
Q1
0.52
Min
0.00
Loading chart…
Anheuser-Busch InBev (BUD) vs. Hershey (HSY): A comparison of their P/S ratio against the Food, Beverage & Tobacco industry group benchmark.

P/B Ratio (MRQ)

Measured against book value, both Anheuser-Busch InBev (BUD) at 10.60 and Hershey (HSY) at 7.34 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

HSY

Food, Beverage & Tobacco industry group

7.34

HSY
7.34
Max
6.35
Q3
3.07
Median
1.58
Q1
0.82
Min
0.00
Loading chart…
Anheuser-Busch InBev (BUD) vs. Hershey (HSY): A comparison of their P/B ratio against the Food, Beverage & Tobacco industry group benchmark.

Valuation Metrics

Valuation metrics for Anheuser-Busch InBev (BUD) and Hershey (HSY)
MetricBUDHSY
P/E Ratio (TTM)17.0720.14
P/S Ratio (TTM)2.582.92
P/B Ratio (MRQ)10.607.34
Free Cash Flow Yield (TTM)--4.67%