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Anheuser-Busch InBev (BUD) vs. PepsiCo (PEP)

This page compares Anheuser-Busch InBev (BUD) with PepsiCo (PEP) using historical performance, profitability, financial strength, growth, dividend, and valuation metrics.

Company Profile

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

PepsiCo (PEP) 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.

SymbolBUDPEP
Company NameAnheuser-Busch InBev SA/NVPepsiCo, Inc.
Country/RegionBelgiumUnited States
GICS SectorConsumer StaplesConsumer Staples
GICS Industry GroupFood, Beverage & TobaccoFood, Beverage & Tobacco
GICS IndustryBeveragesBeverages
GICS Sub-IndustryBrewersSoft Drinks & Non-alcoholic Beverages
Market Capitalization158.65 billion USD205.55 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaqGS
Listing DateJuly 1, 2009June 1, 1972
Security TypeADRCommon Stock

Historical Performance

BUD
PEP
Loading price history…
Anheuser-Busch InBev (BUD) vs. PepsiCo (PEP): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Historical Performance at a Glance

SymbolBUDPEP
5-Day Price Return2.38%-1.84%
13-Week Price Return1.58%-10.17%
26-Week Price Return27.70%4.52%
52-Week Price Return14.51%12.94%
Month-to-Date Return8.11%-5.95%
Year-to-Date Return26.81%3.86%
10-Day Avg. Volume2.02M6.11M
3-Month Avg. Volume1.98M7.24M
3-Month Volatility30.84%19.66%
Beta0.940.39

Profitability

Return on Equity (TTM)

PepsiCo (PEP) at 43.89% 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%

PEP

Food, Beverage & Tobacco industry group

43.89%

Max
43.89%
Q3
22.49%
Median
11.74%
Q1
4.10%
Min
-21.55%
Anheuser-Busch InBev (BUD) vs. PepsiCo (PEP): A comparison of their Return on Equity (TTM) against the Food, Beverage & Tobacco industry group benchmark.

Net Profit Margin (TTM)

Both Anheuser-Busch InBev (BUD) at 11.90% and PepsiCo (PEP) at 9.15% post Net Profit Margin (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on net profitability.

BUD

Food, Beverage & Tobacco industry group

11.90%

Max
27.80%
Q3
12.39%
Median
5.93%
Q1
1.61%
Min
-14.07%

PEP

Food, Beverage & Tobacco industry group

9.15%

Max
27.80%
Q3
12.39%
Median
5.93%
Q1
1.61%
Min
-14.07%
Anheuser-Busch InBev (BUD) vs. PepsiCo (PEP): A comparison of their Net Profit Margin (TTM) against the Food, Beverage & Tobacco industry group benchmark.

Operating Profit Margin (TTM)

Anheuser-Busch InBev (BUD) at 26.29% ranks in the top quartile for Operating Profit Margin (TTM), ahead of PepsiCo (PEP) at 12.41%, which sits closer to the industry mid-range.

BUD

Food, Beverage & Tobacco industry group

26.29%

Max
30.01%
Q3
15.34%
Median
8.52%
Q1
3.58%
Min
-9.05%

PEP

Food, Beverage & Tobacco industry group

12.41%

Max
30.01%
Q3
15.34%
Median
8.52%
Q1
3.58%
Min
-9.05%
Anheuser-Busch InBev (BUD) vs. PepsiCo (PEP): A comparison of their Operating Profit Margin (TTM) against the Food, Beverage & Tobacco industry group benchmark.

Profitability at a Glance

SymbolBUDPEP
Return on Equity (TTM)4.33%43.89%
Return on Assets (TTM)1.69%8.12%
Net Profit Margin (TTM)11.90%9.15%
Operating Profit Margin (TTM)26.29%12.41%
Gross Profit Margin (TTM)56.17%54.38%

Financial Strength

Current Ratio (MRQ)

Both Anheuser-Busch InBev (BUD) at 0.72 and PepsiCo (PEP) at 0.90 run Current Ratio (MRQ) in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

BUD

Food, Beverage & Tobacco industry group

0.72

Max
4.41
Q3
2.60
Median
1.55
Q1
1.01
Min
0.45

PEP

Food, Beverage & Tobacco industry group

0.90

Max
4.41
Q3
2.60
Median
1.55
Q1
1.01
Min
0.45
Anheuser-Busch InBev (BUD) vs. PepsiCo (PEP): A comparison of their Current Ratio (MRQ) against the Food, Beverage & Tobacco industry group benchmark.

Debt-to-Equity Ratio (MRQ)

Anheuser-Busch InBev (BUD) at 0.84 carries Debt-to-Equity Ratio (MRQ) around its industry mid-range, while PepsiCo (PEP) at 2.47 sits in the higher-leverage quartile.

BUD

Food, Beverage & Tobacco industry group

0.84

Max
2.65
Q3
1.32
Median
0.77
Q1
0.33
Min
0.00

PEP

Food, Beverage & Tobacco industry group

2.47

Max
2.65
Q3
1.32
Median
0.77
Q1
0.33
Min
0.00
Anheuser-Busch InBev (BUD) vs. PepsiCo (PEP): A comparison of their Debt-to-Equity Ratio (MRQ) against the Food, Beverage & Tobacco industry group benchmark.

Interest Coverage Ratio (TTM)

Both Anheuser-Busch InBev (BUD) at 4.51 and PepsiCo (PEP) at 10.17 post Interest Coverage Ratio (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on interest-coverage headroom.

BUD

Food, Beverage & Tobacco industry group

4.51

Max
33.34
Q3
18.06
Median
6.63
Q1
2.93
Min
-11.45

PEP

Food, Beverage & Tobacco industry group

10.17

Max
33.34
Q3
18.06
Median
6.63
Q1
2.93
Min
-11.45
Anheuser-Busch InBev (BUD) vs. PepsiCo (PEP): A comparison of their Interest Coverage Ratio (TTM) against the Food, Beverage & Tobacco industry group benchmark.

Financial Strength at a Glance

SymbolBUDPEP
Current Ratio (MRQ)0.720.90
Quick Ratio (MRQ)0.550.67
Debt-to-Equity Ratio (MRQ)0.842.47
Interest Coverage Ratio (TTM)4.5110.17

Growth

Revenue Growth

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

Revenue Growth at a Glance

SymbolBUDPEP
Revenue Growth (MRQ vs Prior YoY)12.03%8.50%
Revenue Growth (TTM vs Prior YoY)3.59%4.29%
3-Year Revenue CAGR0.88%2.83%
5-Year Revenue CAGR4.82%5.94%

EPS Growth

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

EPS Growth at a Glance

SymbolBUDPEP
EPS Growth (MRQ vs Prior YoY)20.29%27.35%
EPS Growth (TTM vs Prior YoY)5.46%-6.44%
3-Year EPS CAGR5.19%-2.24%
5-Year EPS CAGR36.96%3.25%

Dividend

Dividend Yield (TTM)

Both Anheuser-Busch InBev (BUD) at 2.83% and PepsiCo (PEP) at 3.77% 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%

PEP

Food, Beverage & Tobacco industry group

3.77%

Max
10.06%
Q3
4.46%
Median
3.02%
Q1
0.50%
Min
0.00%
Anheuser-Busch InBev (BUD) vs. PepsiCo (PEP): A comparison of their Dividend Yield (TTM) against the Food, Beverage & Tobacco industry group benchmark.

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 PepsiCo (PEP) reports 88.42%, 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%

PEP

Food, Beverage & Tobacco industry group

88.42%

Max
195.44%
Q3
88.50%
Median
60.35%
Q1
14.76%
Min
0.00%
Anheuser-Busch InBev (BUD) vs. PepsiCo (PEP): A comparison of their Dividend Payout Ratio (TTM) against the Food, Beverage & Tobacco industry group benchmark.

Dividend at a Glance

SymbolBUDPEP
Dividend Yield (TTM)2.83%3.77%
Dividend Payout Ratio (TTM)124.94%88.42%

Valuation

Price-to-Earnings Ratio (TTM)

Both Anheuser-Busch InBev (BUD) at 22.14 and PepsiCo (PEP) at 23.46 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

PEP

Food, Beverage & Tobacco industry group

23.46

Max
50.71
Q3
27.71
Median
18.31
Q1
12.18
Min
1.60
Anheuser-Busch InBev (BUD) vs. PepsiCo (PEP): A comparison of their Price-to-Earnings Ratio (TTM) against the Food, Beverage & Tobacco industry group benchmark.

Price-to-Sales Ratio (TTM)

PepsiCo (PEP) at 2.15 carries typical industry Price-to-Sales Ratio (TTM), while Anheuser-Busch InBev (BUD) at 2.63 sits in the higher-multiple quartile — BUD carries a higher trailing revenue multiple relative to peers.

BUD

Food, Beverage & Tobacco industry group

2.63

Max
5.26
Q3
2.57
Median
1.10
Q1
0.63
Min
0.14

PEP

Food, Beverage & Tobacco industry group

2.15

Max
5.26
Q3
2.57
Median
1.10
Q1
0.63
Min
0.14
Anheuser-Busch InBev (BUD) vs. PepsiCo (PEP): A comparison of their Price-to-Sales Ratio (TTM) against the Food, Beverage & Tobacco industry group benchmark.

Price-to-Book Ratio (MRQ)

Anheuser-Busch InBev (BUD) at 1.45 hovers around the typical industry Price-to-Book Ratio (MRQ), while PepsiCo (PEP) at 9.65 sits above its industry benchmark range — an elevated book-value multiple for PEP 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

PEP

Food, Beverage & Tobacco industry group

9.65

Max
6.13
Q3
3.53
Median
2.25
Q1
1.25
Min
0.63
Anheuser-Busch InBev (BUD) vs. PepsiCo (PEP): A comparison of their Price-to-Book Ratio (MRQ) against the Food, Beverage & Tobacco industry group benchmark.

Valuation at a Glance

SymbolBUDPEP
Price-to-Earnings Ratio (TTM)22.1423.46
Price-to-Sales Ratio (TTM)2.632.15
Price-to-Book Ratio (MRQ)1.459.65
Price-to-Free Cash Flow Ratio (TTM)14.3022.15