BUD vs. KDP: Anheuser-Busch InBev vs. Keurig Dr Pepper Stock Comparison
How do Anheuser-Busch InBev (BUD) and Keurig Dr Pepper (KDP) 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 Keurig Dr Pepper (KDP) both belong to the Beverages industry, though BUD is classified under Brewers while KDP falls under Soft Drinks & Non-alcoholic Beverages.
Keurig Dr Pepper (KDP) 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.
| Profile Item | BUD | KDP |
|---|---|---|
| Name | Anheuser-Busch InBev SA/NV Sponsored ADR | Keurig Dr Pepper Inc. |
| Country/Region | Belgium | United States |
| 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 | 49.85 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | July 1, 2009 | May 7, 2008 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BUD | KDP |
|---|---|---|
| Total Return (1Y) | 35.80% | 46.21% |
| Total Return (3Y, Annualized) | 14.02% | 9.12% |
| Total Return (5Y, Annualized) | 8.59% | 3.26% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BUD | KDP |
|---|---|---|
| Volatility (1Y, Annualized) | 25.37% | 26.92% |
| Beta (5Y) | 0.51 | 0.34 |
| Max Drawdown (5Y) | -33.13% | -31.20% |
| Avg. Volume (3M) | 2.32M | 12.79M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BUD | KDP |
|---|---|---|
| Sharpe Ratio (1Y) | 1.24 | 1.56 |
| Sortino Ratio (1Y) | 1.95 | 2.46 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Keurig Dr Pepper (KDP) earns 6.01% 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
- --
KDP
Food, Beverage & Tobacco industry group
6.01%
- Max
- 32.02%
- Q3
- 16.61%
- Median
- 10.05%
- KDP
- 6.01%
- 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 Keurig Dr Pepper (KDP) at 7.12%, 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%
KDP
Food, Beverage & Tobacco industry group
7.12%
- Max
- 24.83%
- Q3
- 11.22%
- KDP
- 7.12%
- Median
- 5.94%
- Q1
- 2.05%
- Min
- -11.49%
Operating Margin (TTM)
Both Anheuser-Busch InBev (BUD) at 27.48% and Keurig Dr Pepper (KDP) at 18.82% 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%
KDP
Food, Beverage & Tobacco industry group
18.82%
- Max
- 34.91%
- KDP
- 18.82%
- Q3
- 17.57%
- Median
- 11.06%
- Q1
- 4.15%
- Min
- -15.06%
Profitability Metrics
| Metric | BUD | KDP |
|---|---|---|
| ROE (TTM) | -- | 6.01% |
| ROA (TTM) | -- | 3.62% |
| Net Margin (TTM) | 15.42% | 7.12% |
| Operating Margin (TTM) | 27.48% | 18.82% |
| Gross Margin (TTM) | 56.47% | 49.58% |
Growth
Revenue Growth
Keurig Dr Pepper (KDP) at 8.16% sits in the top revenue growth quartile, while Anheuser-Busch InBev (BUD) at -0.75% is closer to the peer norm — faster top-line expansion for KDP.
EPS Growth
Keurig Dr Pepper (KDP) at 45.71% sits in the top EPS growth quartile, while Anheuser-Busch InBev (BUD) at 16.10% is closer to the peer norm — faster per-share earnings growth for KDP.
Growth Metrics
| Metric | BUD | KDP |
|---|---|---|
| Revenue Growth (YoY) | -0.75% | 8.16% |
| Revenue Growth (3Y CAGR) | 0.88% | 5.71% |
| EPS Growth (YoY) | 16.10% | 45.71% |
| EPS Growth (3Y CAGR) | 5.22% | 14.85% |
Financial Strength
Current Ratio (MRQ)
Short-term liquidity can only be read on one side of this pairing: Keurig Dr Pepper (KDP) shows current ratio of 0.52 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
- --
KDP
Food, Beverage & Tobacco industry group
0.52
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- Q1
- 1.02
- KDP
- 0.52
- Min
- 0.33
Debt / Equity (MRQ)
Both Anheuser-Busch InBev (BUD) at 0.72 and Keurig Dr Pepper (KDP) at 0.96 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
KDP
Food, Beverage & Tobacco industry group
0.96
- Max
- 2.19
- Q3
- 1.11
- KDP
- 0.96
- Median
- 0.68
- Q1
- 0.33
- Min
- 0.00
Financial Strength Metrics
| Metric | BUD | KDP |
|---|---|---|
| Current Ratio (MRQ) | -- | 0.52 |
| Debt / Equity (MRQ) | 0.72 | 0.96 |
| Net Debt / EBITDA | 3.19 | 6.01 |
Dividends
Dividend Yield (TTM)
Both Anheuser-Busch InBev (BUD) at 1.91% and Keurig Dr Pepper (KDP) at 2.49% 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%
KDP
Food, Beverage & Tobacco industry group
2.49%
- Max
- 9.38%
- Q3
- 3.77%
- KDP
- 2.49%
- Median
- 1.76%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Anheuser-Busch InBev (BUD) at 27.35% pays out a band-typical share of earnings, while Keurig Dr Pepper (KDP) at 92.93% distributes more than its industry norm — less retained, thinner cover.
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%
KDP
Food, Beverage & Tobacco industry group
92.93%
- Max
- 199.19%
- KDP
- 92.93%
- Q3
- 81.03%
- Median
- 41.52%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BUD | KDP |
|---|---|---|
| Dividend Yield (TTM) | 1.91% | 2.49% |
| Dividend Payout Ratio (TTM) | 27.35% | 92.93% |
Valuation
P/E Ratio (TTM)
Anheuser-Busch InBev (BUD) at 17.07 is near its industry’s usual P/E ratio, while Keurig Dr Pepper (KDP) at 33.00 sits in the richer quartile — KDP 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
KDP
Food, Beverage & Tobacco industry group
33.00
- Max
- 52.52
- KDP
- 33.00
- Q3
- 30.78
- Median
- 18.76
- Q1
- 12.77
- Min
- 4.72
P/S Ratio (TTM)
Keurig Dr Pepper (KDP) at 2.16 is priced about in line with its industry on P/S ratio, while Anheuser-Busch InBev (BUD) at 2.58 sits in the pricier quartile — BUD costs more per dollar of sales.
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
KDP
Food, Beverage & Tobacco industry group
2.16
- Max
- 4.64
- Q3
- 2.27
- KDP
- 2.16
- Median
- 1.17
- Q1
- 0.52
- Min
- 0.00
P/B Ratio (MRQ)
Keurig Dr Pepper (KDP) at 1.96 sits near its industry’s typical P/B ratio, while Anheuser-Busch InBev (BUD) at 10.60 prices above its benchmark range — BUD looks rich relative to book.
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
KDP
Food, Beverage & Tobacco industry group
1.96
- Max
- 6.35
- Q3
- 3.07
- KDP
- 1.96
- Median
- 1.58
- Q1
- 0.82
- Min
- 0.00
Valuation Metrics
| Metric | BUD | KDP |
|---|---|---|
| P/E Ratio (TTM) | 17.07 | 33.00 |
| P/S Ratio (TTM) | 2.58 | 2.16 |
| P/B Ratio (MRQ) | 10.60 | 1.96 |
| Free Cash Flow Yield (TTM) | -- | 9.52% |