BUD vs. STZ: Anheuser-Busch InBev vs. Constellation Brands Stock Comparison
How do Anheuser-Busch InBev (BUD) and Constellation Brands (STZ) 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 Constellation Brands (STZ) both belong to the Beverages industry, though BUD is classified under Brewers while STZ falls under Distillers & Vintners.
Constellation Brands (STZ) 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.
| Profile Item | BUD | STZ |
|---|---|---|
| Name | Anheuser-Busch InBev SA/NV Sponsored ADR | Constellation Brands Inc. Class A |
| 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 | Distillers & Vintners |
| Market Capitalization | 165.33 billion USD | 24.02 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 1, 2009 | March 17, 1992 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BUD | STZ |
|---|---|---|
| Total Return (1Y) | 35.80% | 17.39% |
| Total Return (3Y, Annualized) | 14.02% | -13.22% |
| Total Return (5Y, Annualized) | 8.59% | -6.25% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BUD | STZ |
|---|---|---|
| Volatility (1Y, Annualized) | 25.37% | 32.11% |
| Beta (5Y) | 0.51 | 0.37 |
| Max Drawdown (5Y) | -33.13% | -56.05% |
| Avg. Volume (3M) | 2.32M | 2.28M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BUD | STZ |
|---|---|---|
| Sharpe Ratio (1Y) | 1.24 | 0.41 |
| Sortino Ratio (1Y) | 1.95 | 0.61 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Constellation Brands (STZ) earns 24.02% on shareholders’ equity, ranked against its industry; Anheuser-Busch InBev (BUD) has no ROE this period.
BUD
Food, Beverage & Tobacco industry group
--
- Max
- 32.02%
- Q3
- 16.61%
- Median
- 10.05%
- Q1
- 4.10%
- Min
- -10.50%
- BUD
- --
STZ
Food, Beverage & Tobacco industry group
24.02%
- Max
- 32.02%
- STZ
- 24.02%
- Q3
- 16.61%
- Median
- 10.05%
- Q1
- 4.10%
- Min
- -10.50%
Net Margin (TTM)
For every dollar of sales, both Anheuser-Busch InBev (BUD) at 15.42% and Constellation Brands (STZ) at 20.90% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
BUD
Food, Beverage & Tobacco industry group
15.42%
- Max
- 24.83%
- BUD
- 15.42%
- Q3
- 11.22%
- Median
- 5.94%
- Q1
- 2.05%
- Min
- -11.49%
STZ
Food, Beverage & Tobacco industry group
20.90%
- Max
- 24.83%
- STZ
- 20.90%
- Q3
- 11.22%
- Median
- 5.94%
- Q1
- 2.05%
- Min
- -11.49%
Operating Margin (TTM)
Both Anheuser-Busch InBev (BUD) at 27.48% and Constellation Brands (STZ) at 33.58% 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
27.48%
- Max
- 34.91%
- BUD
- 27.48%
- Q3
- 17.57%
- Median
- 11.06%
- Q1
- 4.15%
- Min
- -15.06%
STZ
Food, Beverage & Tobacco industry group
33.58%
- Max
- 34.91%
- STZ
- 33.58%
- Q3
- 17.57%
- Median
- 11.06%
- Q1
- 4.15%
- Min
- -15.06%
Profitability Metrics
| Metric | BUD | STZ |
|---|---|---|
| ROE (TTM) | -- | 24.02% |
| ROA (TTM) | -- | 8.68% |
| Net Margin (TTM) | 15.42% | 20.90% |
| Operating Margin (TTM) | 27.48% | 33.58% |
| Gross Margin (TTM) | 56.47% | 52.77% |
Growth
Revenue Growth
Anheuser-Busch InBev (BUD) at -0.75% is around its peer norm for revenue growth, while Constellation Brands (STZ) at -10.48% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Only one side can be read here: Anheuser-Busch InBev (BUD) reports EPS growth of 16.10%, ranked against its industry; Constellation Brands (STZ) has no EPS growth figure this period.
Growth Metrics
| Metric | BUD | STZ |
|---|---|---|
| Revenue Growth (YoY) | -0.75% | -10.48% |
| Revenue Growth (3Y CAGR) | 0.88% | -1.12% |
| EPS Growth (YoY) | 16.10% | -- |
| EPS Growth (3Y CAGR) | 5.22% | -- |
Financial Strength
Current Ratio (MRQ)
Short-term liquidity can only be read on one side of this pairing: Constellation Brands (STZ) shows current ratio of 1.00 against its industry benchmark, while Anheuser-Busch InBev (BUD) has no reading this period.
BUD
Food, Beverage & Tobacco industry group
--
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- Q1
- 1.02
- Min
- 0.33
- BUD
- --
STZ
Food, Beverage & Tobacco industry group
1.00
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- Q1
- 1.02
- STZ
- 1.00
- Min
- 0.33
Debt / Equity (MRQ)
Anheuser-Busch InBev (BUD) at 0.72 carries an industry-typical debt-to-equity mix, while Constellation Brands (STZ) at 1.16 uses more debt funding than most peers.
BUD
Food, Beverage & Tobacco industry group
0.72
- Max
- 2.19
- Q3
- 1.11
- BUD
- 0.72
- Median
- 0.68
- Q1
- 0.33
- Min
- 0.00
STZ
Food, Beverage & Tobacco industry group
1.16
- Max
- 2.19
- STZ
- 1.16
- Q3
- 1.11
- Median
- 0.68
- Q1
- 0.33
- Min
- 0.00
Financial Strength Metrics
| Metric | BUD | STZ |
|---|---|---|
| Current Ratio (MRQ) | -- | 1.00 |
| Debt / Equity (MRQ) | 0.72 | 1.16 |
| Net Debt / EBITDA | 3.19 | 2.98 |
Dividends
Dividend Yield (TTM)
Both Anheuser-Busch InBev (BUD) at 1.91% and Constellation Brands (STZ) at 2.84% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
BUD
Food, Beverage & Tobacco industry group
1.91%
- Max
- 9.38%
- Q3
- 3.77%
- BUD
- 1.91%
- Median
- 1.76%
- Q1
- 0.00%
- Min
- 0.00%
STZ
Food, Beverage & Tobacco industry group
2.84%
- Max
- 9.38%
- Q3
- 3.77%
- STZ
- 2.84%
- Median
- 1.76%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Anheuser-Busch InBev (BUD) at 27.35% and Constellation Brands (STZ) at 36.71% 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
27.35%
- Max
- 199.19%
- Q3
- 81.03%
- Median
- 41.52%
- BUD
- 27.35%
- Q1
- 0.00%
- Min
- 0.00%
STZ
Food, Beverage & Tobacco industry group
36.71%
- Max
- 199.19%
- Q3
- 81.03%
- Median
- 41.52%
- STZ
- 36.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BUD | STZ |
|---|---|---|
| Dividend Yield (TTM) | 1.91% | 2.84% |
| Dividend Payout Ratio (TTM) | 27.35% | 36.71% |
Valuation
P/E Ratio (TTM)
Constellation Brands (STZ) at 12.71 sits in the cheaper P/E ratio quartile, while Anheuser-Busch InBev (BUD) at 17.07 is closer to its industry’s usual earnings multiple — a discount for STZ, though growth and earnings durability still matter.
BUD
Food, Beverage & Tobacco industry group
17.07
- Max
- 52.52
- Q3
- 30.78
- Median
- 18.76
- BUD
- 17.07
- Q1
- 12.77
- Min
- 4.72
STZ
Food, Beverage & Tobacco industry group
12.71
- Max
- 52.52
- Q3
- 30.78
- Median
- 18.76
- Q1
- 12.77
- STZ
- 12.71
- Min
- 4.72
P/S Ratio (TTM)
Both Anheuser-Busch InBev (BUD) at 2.58 and Constellation Brands (STZ) at 2.61 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
BUD
Food, Beverage & Tobacco industry group
2.58
- Max
- 4.64
- BUD
- 2.58
- Q3
- 2.27
- Median
- 1.17
- Q1
- 0.52
- Min
- 0.00
STZ
Food, Beverage & Tobacco industry group
2.61
- Max
- 4.64
- STZ
- 2.61
- Q3
- 2.27
- Median
- 1.17
- Q1
- 0.52
- Min
- 0.00
P/B Ratio (MRQ)
Constellation Brands (STZ) at 2.81 sits near its industry’s typical P/B ratio, while Anheuser-Busch InBev (BUD) at 10.60 prices above its benchmark range — BUD looks rich relative to book.
BUD
Food, Beverage & Tobacco industry group
10.60
- BUD
- 10.60
- Max
- 6.35
- Q3
- 3.07
- Median
- 1.58
- Q1
- 0.82
- Min
- 0.00
STZ
Food, Beverage & Tobacco industry group
2.81
- Max
- 6.35
- Q3
- 3.07
- STZ
- 2.81
- Median
- 1.58
- Q1
- 0.82
- Min
- 0.00
Valuation Metrics
| Metric | BUD | STZ |
|---|---|---|
| P/E Ratio (TTM) | 17.07 | 12.71 |
| P/S Ratio (TTM) | 2.58 | 2.61 |
| P/B Ratio (MRQ) | 10.60 | 2.81 |
| Free Cash Flow Yield (TTM) | -- | 4.66% |