Anheuser-Busch InBev (BUD) vs. Coca-Cola (KO)
This page compares Anheuser-Busch InBev (BUD) with Coca-Cola (KO) using historical performance, profitability, financial strength, growth, dividend, and valuation metrics.
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 a standard ordinary-equity line, while Anheuser-Busch InBev (BUD) is an ADR tied to a foreign-share or depositary-receipt structure — compare with FX exposure, program fees, and dividend-withholding-tax differences in mind.
| Symbol | BUD | KO |
|---|---|---|
| Company Name | Anheuser-Busch InBev SA/NV | 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 | 158.65 billion USD | 352.46 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 1, 2009 | January 2, 1962 |
| Security Type | ADR | Common Stock |
Historical Performance
Historical Performance at a Glance
| Symbol | BUD | KO |
|---|---|---|
| 5-Day Price Return | 2.38% | 2.07% |
| 13-Week Price Return | 1.58% | 2.97% |
| 26-Week Price Return | 27.70% | 14.40% |
| 52-Week Price Return | 14.51% | 13.89% |
| Month-to-Date Return | 8.11% | 4.01% |
| Year-to-Date Return | 26.81% | 17.18% |
| 10-Day Avg. Volume | 2.02M | 14.34M |
| 3-Month Avg. Volume | 1.98M | 16.79M |
| 3-Month Volatility | 30.84% | 16.52% |
| Beta | 0.94 | 0.37 |
Profitability
Return on Equity (TTM)
Coca-Cola (KO) at 43.62% ranks in the top quartile for Return on Equity (TTM), ahead of Anheuser-Busch InBev (BUD) at 4.33%, which sits closer to the industry mid-range.
BUD
Food, Beverage & Tobacco industry group
4.33%
- Max
- 43.89%
- Q3
- 22.49%
- Median
- 11.74%
- Q1
- 4.10%
- Min
- -21.55%
KO
Food, Beverage & Tobacco industry group
43.62%
- Max
- 43.89%
- Q3
- 22.49%
- Median
- 11.74%
- Q1
- 4.10%
- Min
- -21.55%
Net Profit Margin (TTM)
Coca-Cola (KO) at 27.80% ranks in the top quartile for Net Profit Margin (TTM), ahead of Anheuser-Busch InBev (BUD) at 11.90%, which sits closer to the industry mid-range.
BUD
Food, Beverage & Tobacco industry group
11.90%
- Max
- 27.80%
- Q3
- 12.39%
- Median
- 5.93%
- Q1
- 1.61%
- Min
- -14.07%
KO
Food, Beverage & Tobacco industry group
27.80%
- Max
- 27.80%
- Q3
- 12.39%
- Median
- 5.93%
- Q1
- 1.61%
- Min
- -14.07%
Operating Profit Margin (TTM)
Both Anheuser-Busch InBev (BUD) at 26.29% and Coca-Cola (KO) at 30.01% rank in the top quartile for Operating Profit Margin (TTM) among industry peers, indicating both companies convert revenue into operating income more strongly than typical competitors.
BUD
Food, Beverage & Tobacco industry group
26.29%
- Max
- 30.01%
- Q3
- 15.34%
- Median
- 8.52%
- Q1
- 3.58%
- Min
- -9.05%
KO
Food, Beverage & Tobacco industry group
30.01%
- Max
- 30.01%
- Q3
- 15.34%
- Median
- 8.52%
- Q1
- 3.58%
- Min
- -9.05%
Profitability at a Glance
| Symbol | BUD | KO |
|---|---|---|
| Return on Equity (TTM) | 4.33% | 43.62% |
| Return on Assets (TTM) | 1.69% | 13.07% |
| Net Profit Margin (TTM) | 11.90% | 27.80% |
| Operating Profit Margin (TTM) | 26.29% | 30.01% |
| Gross Profit Margin (TTM) | 56.17% | 61.74% |
Financial Strength
Current Ratio (MRQ)
Coca-Cola (KO) at 1.36 keeps Current Ratio (MRQ) within its industry mid-range, while Anheuser-Busch InBev (BUD) at 0.72 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for BUD.
BUD
Food, Beverage & Tobacco industry group
0.72
- Max
- 4.41
- Q3
- 2.60
- Median
- 1.55
- Q1
- 1.01
- Min
- 0.45
KO
Food, Beverage & Tobacco industry group
1.36
- Max
- 4.41
- Q3
- 2.60
- Median
- 1.55
- Q1
- 1.01
- Min
- 0.45
Debt-to-Equity Ratio (MRQ)
Both Anheuser-Busch InBev (BUD) at 0.84 and Coca-Cola (KO) at 1.31 post Debt-to-Equity Ratio (MRQ) near their industry mid-ranges, so neither company stands out strongly from peers on leverage.
BUD
Food, Beverage & Tobacco industry group
0.84
- Max
- 2.65
- Q3
- 1.32
- Median
- 0.77
- Q1
- 0.33
- Min
- 0.00
KO
Food, Beverage & Tobacco industry group
1.31
- Max
- 2.65
- Q3
- 1.32
- Median
- 0.77
- Q1
- 0.33
- Min
- 0.00
Interest Coverage Ratio (TTM)
Coca-Cola (KO) posts Interest Coverage Ratio (TTM) of 67.13, above its industry benchmark range, while Anheuser-Busch InBev (BUD) at 4.51 sits closer to the industry mid-range.
BUD
Food, Beverage & Tobacco industry group
4.51
- Max
- 33.34
- Q3
- 18.06
- Median
- 6.63
- Q1
- 2.93
- Min
- -11.45
KO
Food, Beverage & Tobacco industry group
67.13
- Max
- 33.34
- Q3
- 18.06
- Median
- 6.63
- Q1
- 2.93
- Min
- -11.45
Financial Strength at a Glance
| Symbol | BUD | KO |
|---|---|---|
| Current Ratio (MRQ) | 0.72 | 1.36 |
| Quick Ratio (MRQ) | 0.55 | 1.01 |
| Debt-to-Equity Ratio (MRQ) | 0.84 | 1.31 |
| Interest Coverage Ratio (TTM) | 4.51 | 67.13 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | BUD | KO |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 12.03% | 12.07% |
| Revenue Growth (TTM vs Prior YoY) | 3.59% | 5.11% |
| 3-Year Revenue CAGR | 0.88% | 3.69% |
| 5-Year Revenue CAGR | 4.82% | 7.75% |
EPS Growth
EPS Growth at a Glance
| Symbol | BUD | KO |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | 20.29% | 17.81% |
| EPS Growth (TTM vs Prior YoY) | 5.46% | 27.18% |
| 3-Year EPS CAGR | 5.19% | 11.48% |
| 5-Year EPS CAGR | 36.96% | 11.14% |
Dividend
Dividend Yield (TTM)
Both Anheuser-Busch InBev (BUD) at 2.83% and Coca-Cola (KO) at 3.11% report Dividend Yield (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on cash yield relative to share price.
BUD
Food, Beverage & Tobacco industry group
2.83%
- Max
- 10.06%
- Q3
- 4.46%
- Median
- 3.02%
- Q1
- 0.50%
- Min
- 0.00%
KO
Food, Beverage & Tobacco industry group
3.11%
- Max
- 10.06%
- Q3
- 4.46%
- Median
- 3.02%
- Q1
- 0.50%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Anheuser-Busch InBev (BUD) reports an unusual Dividend Payout Ratio (TTM) of 124.94% — outside the typical 0–100% range, indicating either negative earnings (negative ratio) or dividends above current-period earnings (above 100%), both signaling sustainability concerns. Meanwhile Coca-Cola (KO) reports 80.07%, ranking against industry peers normally.
BUD
Food, Beverage & Tobacco industry group
124.94%
- Max
- 195.44%
- Q3
- 88.50%
- Median
- 60.35%
- Q1
- 14.76%
- Min
- 0.00%
KO
Food, Beverage & Tobacco industry group
80.07%
- Max
- 195.44%
- Q3
- 88.50%
- Median
- 60.35%
- Q1
- 14.76%
- Min
- 0.00%
Dividend at a Glance
| Symbol | BUD | KO |
|---|---|---|
| Dividend Yield (TTM) | 2.83% | 3.11% |
| Dividend Payout Ratio (TTM) | 124.94% | 80.07% |
Valuation
Price-to-Earnings Ratio (TTM)
Both Anheuser-Busch InBev (BUD) at 22.14 and Coca-Cola (KO) at 25.76 post Price-to-Earnings Ratio (TTM) near the typical industry midpoint — neither company stands out strongly from peers on trailing earnings multiple.
BUD
Food, Beverage & Tobacco industry group
22.14
- Max
- 50.71
- Q3
- 27.71
- Median
- 18.31
- Q1
- 12.18
- Min
- 1.60
KO
Food, Beverage & Tobacco industry group
25.76
- Max
- 50.71
- Q3
- 27.71
- Median
- 18.31
- Q1
- 12.18
- Min
- 1.60
Price-to-Sales Ratio (TTM)
Anheuser-Busch InBev (BUD) at 2.63 sits in the higher-multiple quartile for Price-to-Sales Ratio (TTM), but Coca-Cola (KO) at 7.16 is higher still, above its industry benchmark range — both carry elevated trailing revenue multiples relative to peers, with KO higher.
BUD
Food, Beverage & Tobacco industry group
2.63
- Max
- 5.26
- Q3
- 2.57
- Median
- 1.10
- Q1
- 0.63
- Min
- 0.14
KO
Food, Beverage & Tobacco industry group
7.16
- Max
- 5.26
- Q3
- 2.57
- Median
- 1.10
- Q1
- 0.63
- Min
- 0.14
Price-to-Book Ratio (MRQ)
Anheuser-Busch InBev (BUD) at 1.45 hovers around the typical industry Price-to-Book Ratio (MRQ), while Coca-Cola (KO) at 9.81 sits above its industry benchmark range — an elevated book-value multiple for KO relative to peers.
BUD
Food, Beverage & Tobacco industry group
1.45
- Max
- 6.13
- Q3
- 3.53
- Median
- 2.25
- Q1
- 1.25
- Min
- 0.63
KO
Food, Beverage & Tobacco industry group
9.81
- Max
- 6.13
- Q3
- 3.53
- Median
- 2.25
- Q1
- 1.25
- Min
- 0.63
Valuation at a Glance
| Symbol | BUD | KO |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 22.14 | 25.76 |
| Price-to-Sales Ratio (TTM) | 2.63 | 7.16 |
| Price-to-Book Ratio (MRQ) | 1.45 | 9.81 |
| Price-to-Free Cash Flow Ratio (TTM) | 14.30 | 28.10 |