Anheuser-Busch InBev (BUD) vs. PepsiCo (PEP)
This page compares Anheuser-Busch InBev (BUD) with PepsiCo (PEP) using performance and risk, profitability, financial strength, growth, dividends, 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.
| Symbol | BUD | PEP |
|---|---|---|
| Name | Anheuser-Busch InBev S.A. ADR | PepsiCo, 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 | 150.80 billion USD | 194.00 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | July 1, 2009 | June 1, 1972 |
| Security Type | ADR | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Both Anheuser-Busch InBev (BUD) at 21.58 and PepsiCo (PEP) at 22.28 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
21.58
- Max
- 46.24
- Q3
- 28.06
- Median
- 18.42
- Q1
- 11.75
- Min
- 5.26
PEP
Food, Beverage & Tobacco industry group
22.28
- Max
- 46.24
- Q3
- 28.06
- Median
- 18.42
- Q1
- 11.75
- Min
- 5.26
Price-to-Sales Ratio (TTM)
PepsiCo (PEP) at 2.03 is priced about in line with its industry on Price-to-Sales Ratio (TTM), while Anheuser-Busch InBev (BUD) at 2.47 sits in the pricier quartile — BUD costs more per dollar of sales.
BUD
Food, Beverage & Tobacco industry group
2.47
- Max
- 3.92
- Q3
- 2.26
- Median
- 0.96
- Q1
- 0.55
- Min
- 0.00
PEP
Food, Beverage & Tobacco industry group
2.03
- Max
- 3.92
- Q3
- 2.26
- Median
- 0.96
- Q1
- 0.55
- Min
- 0.00
Price-to-Book Ratio (MRQ)
Measured against book value, both Anheuser-Busch InBev (BUD) at 10.43 and PepsiCo (PEP) at 9.08 look expensive — each Price-to-Book Ratio (MRQ) sits above its industry’s benchmark range.
BUD
Food, Beverage & Tobacco industry group
10.43
- Max
- 5.77
- Q3
- 3.12
- Median
- 1.64
- Q1
- 0.93
- Min
- 0.00
PEP
Food, Beverage & Tobacco industry group
9.08
- Max
- 5.77
- Q3
- 3.12
- Median
- 1.64
- Q1
- 0.93
- Min
- 0.00
Valuation at a Glance
| Symbol | BUD | PEP |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 21.58 | 22.28 |
| Price-to-Sales Ratio (TTM) | 2.47 | 2.03 |
| Price-to-Book Ratio (MRQ) | 10.43 | 9.08 |
| Free Cash Flow Yield | -- | 4.51% |
Profitability
Return on Equity (TTM)
PepsiCo (PEP) reports Return on Equity (TTM) of 43.88% and can be ranked against industry peers; Anheuser-Busch InBev (BUD) has no value available for this period, so a direct comparison isn’t possible.
BUD
Food, Beverage & Tobacco industry group
--
- Max
- 37.95%
- Q3
- 18.99%
- Median
- 13.57%
- Q1
- 4.27%
- Min
- -16.72%
PEP
Food, Beverage & Tobacco industry group
43.88%
- Max
- 37.95%
- Q3
- 18.99%
- Median
- 13.57%
- Q1
- 4.27%
- Min
- -16.72%
Net Profit Margin (TTM)
Both Anheuser-Busch InBev (BUD) at 11.90% and PepsiCo (PEP) at 9.15% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
BUD
Food, Beverage & Tobacco industry group
11.90%
- Max
- 27.80%
- Q3
- 12.29%
- Median
- 5.81%
- Q1
- 1.28%
- Min
- -14.07%
PEP
Food, Beverage & Tobacco industry group
9.15%
- Max
- 27.80%
- Q3
- 12.29%
- Median
- 5.81%
- Q1
- 1.28%
- Min
- -14.07%
Operating Profit Margin (TTM)
Anheuser-Busch InBev (BUD) at 26.69% operates in the top Operating Profit Margin (TTM) quartile, ahead of PepsiCo (PEP) at 16.96%, which runs around its industry’s norm.
BUD
Food, Beverage & Tobacco industry group
26.69%
- Max
- 36.04%
- Q3
- 17.39%
- Median
- 10.90%
- Q1
- 3.65%
- Min
- -7.33%
PEP
Food, Beverage & Tobacco industry group
16.96%
- Max
- 36.04%
- Q3
- 17.39%
- Median
- 10.90%
- Q1
- 3.65%
- Min
- -7.33%
Profitability at a Glance
| Symbol | BUD | PEP |
|---|---|---|
| Return on Equity (TTM) | -- | 43.88% |
| Return on Assets (TTM) | -- | 9.09% |
| Net Profit Margin (TTM) | 11.90% | 9.15% |
| Operating Profit Margin (TTM) | 26.69% | 16.96% |
| Gross Profit Margin (TTM) | 56.17% | 54.38% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | BUD | PEP |
|---|---|---|
| 1-Year Revenue Growth | -0.75% | 2.25% |
| 3-Year Revenue CAGR | 0.88% | 2.83% |
EPS Growth
EPS Growth at a Glance
| Symbol | BUD | PEP |
|---|---|---|
| 1-Year EPS Growth | 16.10% | -13.67% |
| 3-Year EPS CAGR | 5.22% | -2.23% |
Financial Strength
Current Ratio (MRQ)
PepsiCo (PEP) reports Current Ratio (MRQ) of 0.90 and can be ranked against industry peers; Anheuser-Busch InBev (BUD) has no value available for this period, so a direct comparison isn’t possible.
BUD
Food, Beverage & Tobacco industry group
--
- Max
- 5.06
- Q3
- 2.66
- Median
- 1.60
- Q1
- 1.05
- Min
- 0.54
PEP
Food, Beverage & Tobacco industry group
0.90
- Max
- 5.06
- Q3
- 2.66
- Median
- 1.60
- Q1
- 1.05
- Min
- 0.54
Debt-to-Equity Ratio (MRQ)
Anheuser-Busch InBev (BUD) at 0.75 is around its industry mid-range for Debt-to-Equity Ratio (MRQ), while PepsiCo (PEP) at 2.45 sits above its industry benchmark range, pointing to a heavier debt load relative to equity.
BUD
Food, Beverage & Tobacco industry group
0.75
- Max
- 2.20
- Q3
- 1.12
- Median
- 0.70
- Q1
- 0.33
- Min
- 0.00
PEP
Food, Beverage & Tobacco industry group
2.45
- Max
- 2.20
- Q3
- 1.12
- Median
- 0.70
- Q1
- 0.33
- Min
- 0.00
Financial Strength at a Glance
| Symbol | BUD | PEP |
|---|---|---|
| Current Ratio (MRQ) | -- | 0.90 |
| Debt-to-Equity Ratio (MRQ) | 0.75 | 2.45 |
| Net Debt / EBITDA | 3.11 | 2.24 |
Dividends
Dividend Yield (TTM)
Both Anheuser-Busch InBev (BUD) at 1.73% and PepsiCo (PEP) at 4.17% 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
1.73%
- Max
- 10.97%
- Q3
- 4.72%
- Median
- 3.19%
- Q1
- 0.00%
- Min
- 0.00%
PEP
Food, Beverage & Tobacco industry group
4.17%
- Max
- 10.97%
- Q3
- 4.72%
- Median
- 3.19%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Anheuser-Busch InBev (BUD) at 36.02% maintains Dividend Payout Ratio (TTM) around its industry median — a balanced dividend policy. PepsiCo (PEP) at 89.32% sits outside the typical mid-range, leaning toward more retention or more distribution than the industry median.
BUD
Food, Beverage & Tobacco industry group
36.02%
- Max
- 159.06%
- Q3
- 86.47%
- Median
- 45.18%
- Q1
- 0.00%
- Min
- 0.00%
PEP
Food, Beverage & Tobacco industry group
89.32%
- Max
- 159.06%
- Q3
- 86.47%
- Median
- 45.18%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Symbol | BUD | PEP |
|---|---|---|
| Dividend Yield (TTM) | 1.73% | 4.17% |
| Dividend Payout Ratio (TTM) | 36.02% | 89.32% |
Performance & Risk
Performance & Risk at a Glance
| Symbol | BUD | PEP |
|---|---|---|
| 1-Year Return | 10.55% | 13.77% |
| 1-Year Volatility | 26.29% | 21.76% |
| Beta | 0.60 | 0.35 |
| 3-Month Avg. Volume | 1.94M | 6.59M |