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BUD vs. PM: Anheuser-Busch InBev vs. Philip Morris Stock Comparison

How do Anheuser-Busch InBev (BUD) and Philip Morris (PM) 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 Philip Morris (PM) both fall under the Food, Beverage & Tobacco industry group, but BUD is classified in Beverages while PM is classified in Tobacco.

Philip Morris (PM) 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 Philip Morris (PM)
Profile ItemBUDPM
NameAnheuser-Busch InBev S.A. ADRPhilip Morris International Inc.
Country/RegionBelgiumUnited States
GICS SectorConsumer StaplesConsumer Staples
GICS Industry GroupFood, Beverage & TobaccoFood, Beverage & Tobacco
GICS IndustryBeveragesTobacco
GICS Sub-IndustryBrewersTobacco
Market Capitalization157.00 billion USD296.74 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJuly 1, 2009March 17, 2008
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

BUD
PM
GSPC
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Anheuser-Busch InBev (BUD) vs. Philip Morris (PM), 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

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Trailing total returns for Anheuser-Busch InBev (BUD) and Philip Morris (PM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Anheuser-Busch InBev (BUD) and Philip Morris (PM). 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 Philip Morris (PM)
MetricBUDPM
Total Return (1Y)33.34%19.37%
Total Return (3Y, Annualized)14.02%31.21%
Total Return (5Y, Annualized)6.64%18.81%

Risk Profile

Drawdown History

BUD
PM
GSPC
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Anheuser-Busch InBev (BUD) vs. Philip Morris (PM), 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

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Distribution of monthly total returns for Anheuser-Busch InBev (BUD) and Philip Morris (PM). 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 Philip Morris (PM)
MetricBUDPM
Volatility (1Y, Annualized)23.38%27.98%
Beta (5Y)0.580.37
Max Drawdown (5Y)-33.13%-22.78%
Avg. Volume (3M)1.96M4.97M

Risk-Adjusted Performance

Risk-Return Positioning

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BUD and PM 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 Philip Morris (PM)
MetricBUDPM
Sharpe Ratio (1Y)1.260.55
Sortino Ratio (1Y)1.970.81

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Anheuser-Busch InBev (BUD) earns 11.39% on shareholders’ equity, ranked against its industry; Philip Morris (PM) has no ROE this period.

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%

PM

Food, Beverage & Tobacco industry group

--

Max
34.02%
Q3
17.32%
Median
12.17%
Q1
3.66%
Min
-16.01%
PM
--
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Anheuser-Busch InBev (BUD) vs. Philip Morris (PM): PM does not report ROE, so it has no value marker; BUD is benchmarked against the Food, Beverage & Tobacco industry group.

Net Margin (TTM)

For every dollar of sales, both Anheuser-Busch InBev (BUD) at 14.90% and Philip Morris (PM) at 25.56% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

PM

Food, Beverage & Tobacco industry group

25.56%

PM
25.56%
Max
25.56%
Q3
11.22%
Median
5.94%
Q1
1.08%
Min
-13.81%
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Anheuser-Busch InBev (BUD) vs. Philip Morris (PM): A comparison of their net margin against the Food, Beverage & Tobacco industry group benchmark.

Operating Margin (TTM)

Philip Morris (PM) at 40.00% shows unusually strong operating efficiency — above its industry’s operating margin range — and Anheuser-Busch InBev (BUD) at 27.34% also operates in the top quartile.

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%

PM

Food, Beverage & Tobacco industry group

40.00%

PM
40.00%
Max
35.93%
Q3
17.10%
Median
11.30%
Q1
3.99%
Min
-11.04%
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Anheuser-Busch InBev (BUD) vs. Philip Morris (PM): A comparison of their operating margin against the Food, Beverage & Tobacco industry group benchmark.

Profitability Metrics

Profitability metrics for Anheuser-Busch InBev (BUD) and Philip Morris (PM)
MetricBUDPM
ROE (TTM)11.39%--
ROA (TTM)4.88%14.59%
Net Margin (TTM)14.90%25.56%
Operating Margin (TTM)27.34%40.00%
Gross Margin (TTM)56.49%67.48%

Growth

Revenue Growth

Both Anheuser-Busch InBev (BUD) at -0.75% and Philip Morris (PM) at 7.31% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Philip Morris (PM) at 60.26% 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 PM.

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

Growth Metrics

Growth metrics for Anheuser-Busch InBev (BUD) and Philip Morris (PM)
MetricBUDPM
Revenue Growth (YoY)-0.75%7.31%
Revenue Growth (3Y CAGR)0.88%8.57%
EPS Growth (YoY)16.10%60.26%
EPS Growth (3Y CAGR)5.22%7.71%

Financial Strength

Current Ratio (MRQ)

Both Anheuser-Busch InBev (BUD) at 0.66 and Philip Morris (PM) at 0.98 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

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

PM

Food, Beverage & Tobacco industry group

0.98

Max
4.39
Q3
2.48
Median
1.47
Q1
1.00
PM
0.98
Min
0.43
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Anheuser-Busch InBev (BUD) vs. Philip Morris (PM): A comparison of their current ratio against the Food, Beverage & Tobacco industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Anheuser-Busch InBev (BUD) carries debt-to-equity ratio of 0.72 against its industry range, while Philip Morris (PM) reports no figure this period.

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

PM

Food, Beverage & Tobacco industry group

--

Max
2.21
Q3
1.13
Median
0.71
Q1
0.31
Min
0.00
PM
--
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Anheuser-Busch InBev (BUD) vs. Philip Morris (PM): PM does not report debt-to-equity ratio, so it has no value marker; BUD is benchmarked against the Food, Beverage & Tobacco industry group.

Financial Strength Metrics

Financial strength metrics for Anheuser-Busch InBev (BUD) and Philip Morris (PM)
MetricBUDPM
Current Ratio (MRQ)0.660.98
Debt / Equity (MRQ)0.72--
Net Debt / EBITDA3.282.39

Dividends

Dividend Yield (TTM)

Both Anheuser-Busch InBev (BUD) at 1.46% and Philip Morris (PM) at 3.11% 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%

PM

Food, Beverage & Tobacco industry group

3.11%

Max
9.10%
Q3
3.96%
PM
3.11%
Median
2.53%
Q1
0.00%
Min
0.00%
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Anheuser-Busch InBev (BUD) vs. Philip Morris (PM): 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 Philip Morris (PM) at 80.73% 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%

PM

Food, Beverage & Tobacco industry group

80.73%

Max
169.01%
Q3
81.71%
PM
80.73%
Median
46.29%
Q1
0.00%
Min
0.00%
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Anheuser-Busch InBev (BUD) vs. Philip Morris (PM): A comparison of their payout ratio against the Food, Beverage & Tobacco industry group benchmark.

Dividend Metrics

Dividend metrics for Anheuser-Busch InBev (BUD) and Philip Morris (PM)
MetricBUDPM
Dividend Yield (TTM)1.46%3.11%
Dividend Payout Ratio (TTM)29.00%80.73%

Valuation

P/E Ratio (TTM)

Both Anheuser-Busch InBev (BUD) at 17.30 and Philip Morris (PM) at 26.12 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

PM

Food, Beverage & Tobacco industry group

26.12

Max
43.35
Q3
30.96
PM
26.12
Median
18.87
Q1
13.69
Min
5.48
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Anheuser-Busch InBev (BUD) vs. Philip Morris (PM): 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 Philip Morris (PM) at 6.97 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

PM

Food, Beverage & Tobacco industry group

6.97

PM
6.97
Max
4.77
Q3
2.32
Median
1.10
Q1
0.56
Min
0.00
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Anheuser-Busch InBev (BUD) vs. Philip Morris (PM): A comparison of their P/S ratio against the Food, Beverage & Tobacco industry group benchmark.

P/B Ratio (MRQ)

Philip Morris (PM) reports a negative P/B ratio of -34.57, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Anheuser-Busch InBev (BUD) reports 10.07, ranking against industry peers normally.

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

PM

Food, Beverage & Tobacco industry group

-34.57

Max
6.14
Q3
3.27
Median
1.77
Q1
0.96
Min
0.00
PM
-34.57
Loading chart…
Anheuser-Busch InBev (BUD) vs. Philip Morris (PM): 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 Philip Morris (PM)
MetricBUDPM
P/E Ratio (TTM)17.3026.12
P/S Ratio (TTM)2.516.97
P/B Ratio (MRQ)10.07-34.57
Free Cash Flow Yield (TTM)6.81%3.27%