Seek Returns

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

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 ItemBUDKO
NameAnheuser-Busch InBev S.A. ADRThe Coca-Cola Company
Country/RegionBelgiumUnited States
GICS SectorConsumer StaplesConsumer Staples
GICS Industry GroupFood, Beverage & TobaccoFood, Beverage & Tobacco
GICS IndustryBeveragesBeverages
GICS Sub-IndustryBrewersSoft Drinks & Non-alcoholic Beverages
Market Capitalization157.00 billion USD377.38 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJuly 1, 2009January 2, 1962
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

BUD
KO
GSPC
Loading price history…
Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO), 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 Coca-Cola (KO). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Anheuser-Busch InBev (BUD) and Coca-Cola (KO). 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 Coca-Cola (KO)
MetricBUDKO
Total Return (1Y)33.34%29.68%
Total Return (3Y, Annualized)14.02%16.32%
Total Return (5Y, Annualized)6.64%12.18%

Risk Profile

Drawdown History

BUD
KO
GSPC
Loading price history…
Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO), 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 Coca-Cola (KO). 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 Coca-Cola (KO)
MetricBUDKO
Volatility (1Y, Annualized)23.38%18.54%
Beta (5Y)0.580.34
Max Drawdown (5Y)-33.13%-17.27%
Avg. Volume (3M)1.96M17.62M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
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.

Risk-Adjusted Metrics

Risk-adjusted metrics for Anheuser-Busch InBev (BUD) and Coca-Cola (KO)
MetricBUDKO
Sharpe Ratio (1Y)1.261.39
Sortino Ratio (1Y)1.972.35

Profitability

ROE (TTM)

Coca-Cola (KO) at 42.05% clears its industry range for ROE, a sharper capital-efficiency signal than Anheuser-Busch InBev (BUD) at 11.39%, which is closer to a typical peer reading.

BUD

Food, Beverage & Tobacco industry group

11.39%

Max
34.02%
Q3
17.32%
Median
12.17%
BUD
11.39%
Q1
3.66%
Min
-16.01%

KO

Food, Beverage & Tobacco industry group

42.05%

KO
42.05%
Max
34.02%
Q3
17.32%
Median
12.17%
Q1
3.66%
Min
-16.01%
Loading chart…
Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): A comparison of their ROE against the Food, Beverage & Tobacco industry group benchmark.

Net Margin (TTM)

Coca-Cola (KO) at 28.56% keeps the most of each sales dollar — above its industry’s net margin range — and Anheuser-Busch InBev (BUD) at 14.90% also retains a top-quartile share.

BUD

Food, Beverage & Tobacco industry group

14.90%

Max
25.56%
BUD
14.90%
Q3
11.22%
Median
5.94%
Q1
1.08%
Min
-13.81%

KO

Food, Beverage & Tobacco industry group

28.56%

KO
28.56%
Max
25.56%
Q3
11.22%
Median
5.94%
Q1
1.08%
Min
-13.81%
Loading chart…
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 27.34% and Coca-Cola (KO) at 34.87% 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

27.34%

Max
35.93%
BUD
27.34%
Q3
17.10%
Median
11.30%
Q1
3.99%
Min
-11.04%

KO

Food, Beverage & Tobacco industry group

34.87%

Max
35.93%
KO
34.87%
Q3
17.10%
Median
11.30%
Q1
3.99%
Min
-11.04%
Loading chart…
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)
MetricBUDKO
ROE (TTM)11.39%42.05%
ROA (TTM)4.88%9.40%
Net Margin (TTM)14.90%28.56%
Operating Margin (TTM)27.34%34.87%
Gross Margin (TTM)56.49%61.89%

Growth

Revenue Growth

Both Anheuser-Busch InBev (BUD) at -0.75% and Coca-Cola (KO) at 1.87% 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. Coca-Cola (KO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Coca-Cola (KO) at 23.58% 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 KO.

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

Growth Metrics

Growth metrics for Anheuser-Busch InBev (BUD) and Coca-Cola (KO)
MetricBUDKO
Revenue Growth (YoY)-0.75%1.87%
Revenue Growth (3Y CAGR)0.88%3.69%
EPS Growth (YoY)16.10%23.58%
EPS Growth (3Y CAGR)5.22%11.55%

Financial Strength

Current Ratio (MRQ)

Coca-Cola (KO) at 1.31 keeps current ratio within its industry’s typical mid-range, while Anheuser-Busch InBev (BUD) at 0.66 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for BUD.

BUD

Food, Beverage & Tobacco industry group

0.66

Max
4.39
Q3
2.48
Median
1.47
Q1
1.00
BUD
0.66
Min
0.43

KO

Food, Beverage & Tobacco industry group

1.31

Max
4.39
Q3
2.48
Median
1.47
KO
1.31
Q1
1.00
Min
0.43
Loading chart…
Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO): A comparison of their current ratio against the Food, Beverage & Tobacco industry group benchmark.

Debt / Equity (MRQ)

Anheuser-Busch InBev (BUD) at 0.72 carries an industry-typical debt-to-equity mix, while Coca-Cola (KO) at 1.16 uses more debt funding than most peers.

BUD

Food, Beverage & Tobacco industry group

0.72

Max
2.21
Q3
1.13
BUD
0.72
Median
0.71
Q1
0.31
Min
0.00

KO

Food, Beverage & Tobacco industry group

1.16

Max
2.21
KO
1.16
Q3
1.13
Median
0.71
Q1
0.31
Min
0.00
Loading chart…
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)
MetricBUDKO
Current Ratio (MRQ)0.661.31
Debt / Equity (MRQ)0.721.16
Net Debt / EBITDA3.281.64

Dividends

Dividend Yield (TTM)

Both Anheuser-Busch InBev (BUD) at 1.46% and Coca-Cola (KO) at 2.38% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

BUD

Food, Beverage & Tobacco industry group

1.46%

Max
9.10%
Q3
3.96%
Median
2.53%
BUD
1.46%
Q1
0.00%
Min
0.00%

KO

Food, Beverage & Tobacco industry group

2.38%

Max
9.10%
Q3
3.96%
Median
2.53%
KO
2.38%
Q1
0.00%
Min
0.00%
Loading chart…
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 29.00% and Coca-Cola (KO) at 62.46% 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

29.00%

Max
169.01%
Q3
81.71%
Median
46.29%
BUD
29.00%
Q1
0.00%
Min
0.00%

KO

Food, Beverage & Tobacco industry group

62.46%

Max
169.01%
Q3
81.71%
KO
62.46%
Median
46.29%
Q1
0.00%
Min
0.00%
Loading chart…
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)
MetricBUDKO
Dividend Yield (TTM)1.46%2.38%
Dividend Payout Ratio (TTM)29.00%62.46%

Valuation

P/E Ratio (TTM)

Both Anheuser-Busch InBev (BUD) at 17.30 and Coca-Cola (KO) at 26.34 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

17.30

Max
43.35
Q3
30.96
Median
18.87
BUD
17.30
Q1
13.69
Min
5.48

KO

Food, Beverage & Tobacco industry group

26.34

Max
43.35
Q3
30.96
KO
26.34
Median
18.87
Q1
13.69
Min
5.48
Loading chart…
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 2.51 sits in the upper P/S ratio quartile, and Coca-Cola (KO) at 7.53 prices even higher, above its industry range.

BUD

Food, Beverage & Tobacco industry group

2.51

Max
4.77
BUD
2.51
Q3
2.32
Median
1.10
Q1
0.56
Min
0.00

KO

Food, Beverage & Tobacco industry group

7.53

KO
7.53
Max
4.77
Q3
2.32
Median
1.10
Q1
0.56
Min
0.00
Loading chart…
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 10.07 and Coca-Cola (KO) at 10.44 look expensive — each P/B ratio sits above its industry’s benchmark range.

BUD

Food, Beverage & Tobacco industry group

10.07

BUD
10.07
Max
6.14
Q3
3.27
Median
1.77
Q1
0.96
Min
0.00

KO

Food, Beverage & Tobacco industry group

10.44

KO
10.44
Max
6.14
Q3
3.27
Median
1.77
Q1
0.96
Min
0.00
Loading chart…
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)
MetricBUDKO
P/E Ratio (TTM)17.3026.34
P/S Ratio (TTM)2.517.53
P/B Ratio (MRQ)10.0710.44
Free Cash Flow Yield (TTM)6.81%1.38%