BUD vs. KO: Anheuser-Busch InBev vs. Coca-Cola Stock Comparison

July 2, 2026

How do Anheuser-Busch InBev (BUD) and Coca-Cola (KO) 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 Coca-Cola (KO) both belong to the Beverages industry, though BUD is classified under Brewers while KO falls under Soft Drinks & Non-alcoholic Beverages.

Coca-Cola (KO) 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 Coca-Cola (KO)
Profile Item	BUD	KO
Name	Anheuser-Busch InBev S.A. ADR	The Coca-Cola Company
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	159.34 billion USD	349.66 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	July 1, 2009	January 2, 1962
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

BUD

Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): 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 Coca-Cola (KO). Returns over one year are annualized.

Performance Metrics

Price performance metrics for Anheuser-Busch InBev (BUD) and Coca-Cola (KO)
Metric	BUD	KO
Total Return (1Y)	21.69%	18.12%

Risk Profile

Drawdown History

BUD

Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk Metrics

Risk profile metrics for Anheuser-Busch InBev (BUD) and Coca-Cola (KO)
Metric	BUD	KO
Volatility (1Y, Annualized)	26.66%	16.95%
Beta (5Y)	0.59	0.35
Avg. Volume (3M)	1.95M	16.41M

Risk-Adjusted Performance

Risk-Return Positioning

BUD and KO 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.

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Coca-Cola (KO) earns 43.37% on shareholders’ equity, ranked against its industry; Anheuser-Busch InBev (BUD) has no ROE this period.

BUD

Food, Beverage & Tobacco industry group

Max: 37.95%
Q3: 18.99%
Median: 14.93%
Q1: 3.88%
Min: -18.08%
BUD: --

KO

Food, Beverage & Tobacco industry group

43.37%

KO: 43.37%
Max: 37.95%
Q3: 18.99%
Median: 14.93%
Q1: 3.88%
Min: -18.08%

Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): BUD does not report ROE, so it has no value marker; KO is benchmarked against the Food, Beverage & Tobacco industry group.

Net Margin (TTM)

Coca-Cola (KO) at 27.80% retains a top-quartile share of revenue as profit, ahead of Anheuser-Busch InBev (BUD) at 11.90%, which keeps about the industry-typical share.

BUD

Food, Beverage & Tobacco industry group

11.90%

Max: 27.80%
Q3: 12.29%
BUD: 11.90%
Median: 6.11%
Q1: 1.28%
Min: -7.46%

KO

Food, Beverage & Tobacco industry group

27.80%

KO: 27.80%
Max: 27.80%
Q3: 12.29%
Median: 6.11%
Q1: 1.28%
Min: -7.46%

Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): A comparison of their net margin against the Food, Beverage & Tobacco industry group benchmark.

Operating Margin (TTM)

Both Anheuser-Busch InBev (BUD) at 26.69% and Coca-Cola (KO) at 35.06% 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

26.69%

Max: 36.04%
BUD: 26.69%
Q3: 17.68%
Median: 10.44%
Q1: 3.65%
Min: -7.33%

KO

Food, Beverage & Tobacco industry group

35.06%

Max: 36.04%
KO: 35.06%
Q3: 17.68%
Median: 10.44%
Q1: 3.65%
Min: -7.33%

Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): A comparison of their operating margin against the Food, Beverage & Tobacco industry group benchmark.

Profitability Metrics

Profitability metrics for Anheuser-Busch InBev (BUD) and Coca-Cola (KO)
Metric	BUD	KO
ROE (TTM)	--	43.37%
ROA (TTM)	--	9.51%
Net Margin (TTM)	11.90%	27.80%
Operating Margin (TTM)	26.69%	35.06%
Gross Margin (TTM)	56.17%	61.74%

Growth

Revenue Growth

Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): A comparison of their Revenue Growth across different time periods.

Revenue Growth Metrics

Revenue growth metrics for Anheuser-Busch InBev (BUD) and Coca-Cola (KO)
Metric	BUD	KO
Revenue Growth (YoY)	-0.75%	1.87%
Revenue Growth (3Y CAGR)	0.88%	3.69%

EPS Growth

Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): A comparison of their EPS Growth across different time periods.

EPS Growth Metrics

EPS growth metrics for Anheuser-Busch InBev (BUD) and Coca-Cola (KO)
Metric	BUD	KO
EPS Growth (YoY)	16.10%	23.58%
EPS Growth (3Y CAGR)	5.22%	11.55%

Financial Strength

Current Ratio (MRQ)

Short-term liquidity can only be read on one side of this pairing: Coca-Cola (KO) shows current ratio of 1.36 against its industry benchmark, while Anheuser-Busch InBev (BUD) has no reading this period.

BUD

Food, Beverage & Tobacco industry group

Max: 5.06
Q3: 2.66
Median: 1.60
Q1: 1.05
Min: 0.54
BUD: --

KO

Food, Beverage & Tobacco industry group

1.36

Max: 5.06
Q3: 2.66
Median: 1.60
KO: 1.36
Q1: 1.05
Min: 0.54

Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): BUD does not report current ratio, so it has no value marker; KO is benchmarked against the Food, Beverage & Tobacco industry group.

Debt / Equity (MRQ)

Anheuser-Busch InBev (BUD) at 0.75 carries an industry-typical debt-to-equity mix, while Coca-Cola (KO) at 1.25 uses more debt funding than most peers.

BUD

Food, Beverage & Tobacco industry group

0.75

Max: 2.20
Q3: 1.12
BUD: 0.75
Median: 0.70
Q1: 0.35
Min: 0.00

KO

Food, Beverage & Tobacco industry group

1.25

Max: 2.20
KO: 1.25
Q3: 1.12
Median: 0.70
Q1: 0.35
Min: 0.00

Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): 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 Coca-Cola (KO)
Metric	BUD	KO
Current Ratio (MRQ)	--	1.36
Debt / Equity (MRQ)	0.75	1.25
Net Debt / EBITDA	3.11	1.84

Dividends

Dividend Yield (TTM)

Anheuser-Busch InBev (BUD) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Coca-Cola (KO) reports a yield of 2.49%, ranking against industry peers normally.

BUD

Food, Beverage & Tobacco industry group

0.00%

Max: 10.01%
Q3: 4.23%
Median: 2.71%
BUD: 0.00%
Q1: 0.00%
Min: 0.00%

KO

Food, Beverage & Tobacco industry group

2.49%

Max: 10.01%
Q3: 4.23%
Median: 2.71%
KO: 2.49%
Q1: 0.00%
Min: 0.00%

Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): A comparison of their dividend yield against the Food, Beverage & Tobacco industry group benchmark.

Dividend Payout Ratio (TTM)

Both Anheuser-Busch InBev (BUD) at 36.02% and Coca-Cola (KO) at 64.78% 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

36.02%

Max: 159.06%
Q3: 86.47%
Median: 44.62%
BUD: 36.02%
Q1: 0.00%
Min: 0.00%

KO

Food, Beverage & Tobacco industry group

64.78%

Max: 159.06%
Q3: 86.47%
KO: 64.78%
Median: 44.62%
Q1: 0.00%
Min: 0.00%

Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): A comparison of their payout ratio against the Food, Beverage & Tobacco industry group benchmark.

Dividend Metrics

Dividend metrics for Anheuser-Busch InBev (BUD) and Coca-Cola (KO)
Metric	BUD	KO
Dividend Yield (TTM)	0.00%	2.49%
Dividend Payout Ratio (TTM)	36.02%	64.78%

Valuation

P/E Ratio (TTM)

Both Anheuser-Busch InBev (BUD) at 22.83 and Coca-Cola (KO) at 25.56 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

22.83

Max: 47.93
Q3: 29.08
BUD: 22.83
Median: 18.25
Q1: 11.32
Min: 5.61

KO

Food, Beverage & Tobacco industry group

25.56

Max: 47.93
Q3: 29.08
KO: 25.56
Median: 18.25
Q1: 11.32
Min: 5.61

Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): A comparison of their P/E ratio against the Food, Beverage & Tobacco industry group benchmark.

P/S Ratio (TTM)

Both look expensive on sales: Anheuser-Busch InBev (BUD) at 2.61 sits in the upper P/S ratio quartile, and Coca-Cola (KO) at 7.09 prices even higher, above its industry range.

BUD

Food, Beverage & Tobacco industry group

2.61

Max: 5.21
BUD: 2.61
Q3: 2.44
Median: 0.95
Q1: 0.53
Min: 0.00

KO

Food, Beverage & Tobacco industry group

7.09

KO: 7.09
Max: 5.21
Q3: 2.44
Median: 0.95
Q1: 0.53
Min: 0.00

Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): 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 11.03 and Coca-Cola (KO) at 10.40 look expensive — each P/B ratio sits above its industry’s benchmark range.

BUD

Food, Beverage & Tobacco industry group

11.03

BUD: 11.03
Max: 6.01
Q3: 3.17
Median: 1.68
Q1: 0.90
Min: 0.00

KO

Food, Beverage & Tobacco industry group

10.40

KO: 10.40
Max: 6.01
Q3: 3.17
Median: 1.68
Q1: 0.90
Min: 0.00

Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): 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 Coca-Cola (KO)
Metric	BUD	KO
P/E Ratio (TTM)	22.83	25.56
P/S Ratio (TTM)	2.61	7.09
P/B Ratio (MRQ)	11.03	10.40
Free Cash Flow Yield (TTM)	--	0.89%