Anheuser Busch Financials Overview

BUD Stock

USD 69.20 1.14 1.67%

Anheuser Busch financial metrics illustrate serviceable financial positioning alongside measured asset productivity. Asset returns are positive but modest, indicating room for margin improvement.

Cash Flow Balance Sheet Income Statement

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Balance Sheet Account Activities

The latest reporting period places Other Stockholder Equity at 37.19 Billion, a year-over-year change of 4.76%. Anheuser Busch last posted Other Stockholder Equity of 35.42 Billion. Based on figures reported on Mar 26, Property Plant And Equipment Gross is projected to grow to approximately 62.2 B, while estimates suggest that Short and Long Term Debt Total is moving lower toward about 63 B.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

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Key indicators impacting Anheuser Busch's Profitability

Operating Margin

0.2495

Short Term Coverage Ratios

18.09

Short Long Term Debt Total

63 B

Other Current Liab

6.2 B

Price Earnings Ratio

22.41

Analyzing Anheuser Busch's balance sheet across multiple periods reveals its financial trajectory. Tracking Anheuser Busch's net debt trajectory over time helps gauge accumulating risk. Working-capital management and receivable-to-cash conversion are core indicators of Anheuser Busch's operational efficiency. Working-capital discipline at Anheuser Busch can strain even strong profitability if poorly managed. Latest disclosures for Anheuser Busch Inbev show $0.61 in Cash Per Share, $3.27 in Free Cash Flow Per Share, and a CAPEX To Operating Cash Flow of 0.41x.

Net Working Capital

-10.19 Billion

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The Beneish M Score for Anheuser Busch provides a statistical assessment of manipulation likelihood. The Beneish M Score complements traditional financial analysis of Anheuser Busch. The integrity of Anheuser Busch's financial disclosures is central to any valuation exercise. Forensic accounting analysis can help identify cases where Anheuser Busch's reported results may not be reliable.

Anheuser Busch Stock Summary

Anheuser Busch competes with Boston Beer, Molson Coors, Heineken, Ambev SA, and Budweiser Brewing. Anheuser-Busch InBev SANV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. The company was founded in 1366 and is headquartered in Leuven, Belgium. Anheuser-Busch Inbev operates under BeveragesBrewers classification in the United States and is traded on New York Stock Exchange. It employs 1693 people.

Specialization	Consumer Defensive, Food, Beverage & Tobacco
Instrument	USA Stock View All
Exchange	New York Stock Exchange
ISIN	US03524A1088
Business Address	Brouwerijplein 1, Leuven,
Sector	Beverages
Industry	Consumer Staples
Benchmark	Dow Jones Industrial
Website	www.ab-inbev.com
Phone	32 0 1627 60 18
Currency	USD - US Dollar

Breaking down Anheuser Busch's financial data reveals patterns that help separate long-term value from short-term noise. Below is a breakdown of the most important line items across Anheuser Busch Inbev three primary financial statements. Taken together, these accounts outline the financial structure underlying Anheuser Busch Inbev market position.

Key Financial Ratios

Anheuser Busch's key ratios translate raw accounting data into metrics that are easier to compare, whether you are evaluating Anheuser Busch Inbev against sector averages or its own prior results.

	Return On Equity	0.0909
	Profit Margin	0.12 %
	Operating Margin	0.25 %
	Price To Sales	2.27 X
	Revenue	59.5 B

More Fundamentals

Key Balance Sheet Accounts

Anheuser Busch's financial position at any reporting date is captured by the interplay between assets and obligations. This line, along with other equity and liability accounts, reveals the funding behind Anheuser Busch's operations. The full breakdown of Anheuser Busch's financing structure follows below.

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	217.6B	212.9B	219.3B	206.6B	218.8B	156.9B
Short Long Term Debt Total	88.8B	80.0B	78.2B	72.2B	73.0B	63.0B
Other Current Liab	11.1B	10.3B	13.8B	11.2B	8.1B	6.2B
Total Current Liabilities	34.2B	34.4B	37.2B	33.1B	34.5B	25.9B
Total Stockholder Equity	79.3B	73.4B	81.8B	78.2B	87.3B	55.6B
Property Plant And Equipment Net	26.7B	26.7B	26.8B	23.5B	23.7B	20.5B
Current Deferred Revenue	21M	27M	51M	4.0B	4.6B	4.8B
Net Debt	76.8B	70.1B	67.8B	61.0B	61.4B	55.7B
Retained Earnings	33.9B	38.8B	42.2B	46.6B	50.1B	25.2B
Accounts Payable	17.8B	18.6B	17.7B	16.0B	25.5B	13.1B
Cash	12.0B	9.9B	10.3B	11.2B	11.6B	7.2B
Non Current Assets Total	193.7B	189.8B	196.0B	183.6B	194.0B	138.0B
Non Current Assets Other	2.8B	2.7B	5.8B	2.3B	595M	565.3M
Other Assets	4.7B	2.4B	3.0B	2.8B	3.0B	2.2B
Cash And Short Term Investments	12.4B	10.0B	10.4B	11.4B	11.9B	8.0B
Net Receivables	3.6B	5.7B	4.4B	5.5B	6.9B	4.6B
Good Will	115.8B	113.0B	117.0B	110.5B	117.9B	80.9B
Common Stock Shares Outstanding	2.0B	2.1B	2.1B	2.0B	2.0B	1.7B
Short Term Investments	374M	97M	67M	221M	306M	290.7M
Liabilities And Stockholders Equity	217.6B	212.9B	219.3B	206.6B	218.8B	156.9B
Non Current Liabilities Total	104.1B	94.3B	89.5B	84.9B	86.6B	73.4B
Inventory	5.4B	6.5B	5.6B	5.0B	5.1B	3.5B
Other Current Assets	2.6B	930M	3.0B	1.1B	772M	733.4M
Other Stockholder Equity	13.6B	13.9B	14.2B	13.7B	35.4B	37.2B
Total Liab	138.3B	128.7B	126.7B	117.9B	121.1B	99.3B
Property Plant And Equipment Gross	53.0B	54.7B	57.2B	53.8B	59.3B	62.2B
Total Current Assets	23.9B	23.2B	23.4B	23.0B	24.8B	18.9B
Accumulated Other Comprehensive Income	19.4B	18.9B	23.7B	16.2B	18.6B	19.5B
Short Term Debt	1.5B	1.3B	4.0B	1.4B	899M	854.1M
Intangible Assets	40.4B	40.2B	41.3B	40.0B	42.0B	29.1B
Other Liab	19.7B	20.2B	16.7B	15.4B	17.7B	13.2B
Long Term Debt	85.5B	76.9B	74.2B	69.0B	70.4B	71.8B
Property Plant Equipment	26.7B	26.7B	26.8B	23.5B	23.7B	24.1B
Net Tangible Assets	-94.8B	-94.5B	-87.6B	-79.8B	-71.8B	-75.4B
Long Term Investments	6.0B	4.8B	5.1B	4.8B	5.2B	4.7B
Short Long Term Debt	1.0B	582M	4.0B	893M	899M	854.1M

Key Income Statement Accounts

The distance between revenue and net income reveals Anheuser Busch's true cost discipline. Anheuser Busch generates 33.18 B in gross profit from 59.50 B in revenue. Reading the income statement from top to bottom reveals where the business creates and consumes value.

	2021	2022	2023	2024	2025	2026 (projected)
Depreciation And Amortization	5.1B	5.1B	5.4B	5.5B	5.7B	3.6B
Interest Expense	4.4B	4.6B	4.8B	4.5B	3.4B	3.1B
Selling General Administrative	4.4B	4.4B	4.7B	5.0B	15.8B	16.6B
Selling And Marketing Expenses	13.2B	13.1B	13.4B	13.4B	15.4B	9.8B
Total Revenue	54.3B	57.8B	59.4B	59.8B	59.5B	42.7B
Gross Profit	31.2B	31.5B	32.0B	33.0B	33.3B	24.7B
Other Operating Expenses	40.5B	43.3B	45.4B	44.3B	44.4B	30.7B
Operating Income	13.8B	14.5B	14.0B	15.5B	15.1B	12.0B
Ebit	12.7B	13.9B	13.7B	14.8B	15.1B	11.8B
Ebitda	17.8B	19.0B	19.1B	20.3B	20.8B	15.3B
Cost Of Revenue	23.1B	26.3B	27.4B	26.7B	26.2B	18.0B
Total Operating Expenses	17.4B	17.0B	18.0B	17.5B	18.2B	12.7B
Income Before Tax	8.5B	9.5B	9.1B	10.6B	11.4B	8.5B
Total Other Income Expense Net	-5.4B	-5.0B	-4.8B	-4.9B	-3.7B	-3.9B
Net Income	4.7B	6.0B	5.3B	5.9B	6.9B	5.4B
Income Tax Expense	2.4B	1.9B	2.2B	3.2B	2.9B	1.9B
Research Development	298M	268M	256M	222M	255.3M	234.5M
Net Income Applicable To Common Shares	1.4B	4.7B	6.0B	5.3B	6.8B	6.4B
Minority Interest	-1.4B	-1.6B	-1.6B	-1.6B	-1.6B	-1.6B
Net Income From Continuing Ops	6.1B	7.6B	7.9B	7.4B	8.5B	6.3B
Tax Provision	2.4B	1.9B	1.9B	3.2B	2.9B	2.6B
Interest Income	3.2B	4.6B	423M	733M	3.2B	2.4B
Net Interest Income	-5.6B	-4.5B	-3.4B	-3.8B	-4.3B	-4.5B
Reconciled Depreciation	5.1B	5.1B	5.4B	5.5B	5.7B	5.5B

Financial Ratios Relationships

Sector-based pricing multiples position Anheuser Busch within its competitive valuation range. Comparative ratio analysis across Anheuser Busch's competitive landscape reveals how its fundamental profile stacks up against industry benchmarks. More Info.

Anheuser Busch Inbev is rated below average for return on equity relative to top peers. It also is rated below average for return on asset relative to top peers with a Return On Asset-to-Return On Equity ratio near 0.51 . The Return On Equity to Return On Asset ratio for Anheuser Busch Inbev comes in at 1.97 . Reporting trends point to Return On Equity retreating compared to prior-year levels. Historical records show Return On Equity at 0.08 in the prior year. Sector-based multiples assess Anheuser Busch's pricing discipline.

Core Fundamental Drivers

Most indicators interact across the Fundamental structure. Reviewing the full matrix provides stronger financial insight. Anheuser Busch Inbev currently reports revenue of 59.5 B, P/E of 22.82, profit margin of 11.53%. Anheuser Busch has a market cap of 134.37 B, operating margin of 24.95%, current ratio of 0.67. Trending Equities can help frame allocation decisions. Anheuser Busch Inbev can be evaluated within a portfolio framework for weight and risk impact. This enables performance tracking across the full position set. Broader economic conditions can influence Anheuser Busch Inbev's company valuation — related indicators include signals in manufacturing.

According to the latest estimates, Discontinued Operations are scaling higher with a magnitude of about 4.76%. Previously, Discontinued Operations were valued at 2.36 Billion.

	2023	2024	2025	2026 (projected)
Interest Expense	4.8B	4.5B	3.4B	3.1B
Depreciation And Amortization	5.4B	5.5B	5.7B	3.6B

Interest Expense Depreciation And Amortization

Key Balance Sheet Account Correlations

	Total Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Net Receivables	Good Will	Inventory	Total Liab	Intangible Assets	Common Stock	Treasury Stock	Capital Surpluse	Capital Stock
Total Assets		0.93	0.64	0.79	0.73	0.7	0.99	0.82	0.98	0.99	0.7	-0.82	0.03	0.03
Net Debt	0.93		0.35	0.58	0.52	0.66	0.94	0.62	0.98	0.89	0.52	-0.93	0.08	0.08
Retained Earnings	0.64	0.35		0.8	0.75	0.49	0.61	0.79	0.51	0.72	0.75	-0.2	-0.08	-0.08
Accounts Payable	0.79	0.58	0.8		0.71	0.71	0.78	0.87	0.68	0.81	0.72	-0.47	-0.21	-0.21
Cash	0.73	0.52	0.75	0.71		0.32	0.7	0.75	0.66	0.76	0.7	-0.35	0.0	0.0
Net Receivables	0.7	0.66	0.49	0.71	0.32		0.7	0.58	0.67	0.7	0.54	-0.64	-0.22	-0.22
Good Will	0.99	0.94	0.61	0.78	0.7	0.7		0.81	0.98	0.97	0.64	-0.85	0.02	0.02
Inventory	0.82	0.62	0.79	0.87	0.75	0.58	0.81		0.72	0.83	0.63	-0.5	-0.04	-0.04
Total Liab	0.98	0.98	0.51	0.68	0.66	0.67	0.98	0.72		0.96	0.65	-0.87	0.07	0.07
Intangible Assets	0.99	0.89	0.72	0.81	0.76	0.7	0.97	0.83	0.96		0.79	-0.74	0.04	0.04
Common Stock	0.7	0.52	0.75	0.72	0.7	0.54	0.64	0.63	0.65	0.79		-0.25	-0.06	-0.06
Treasury Stock	-0.82	-0.93	-0.2	-0.47	-0.35	-0.64	-0.85	-0.5	-0.87	-0.74	-0.25		0.01	0.01
Capital Surpluse	0.03	0.08	-0.08	-0.21	0.0	-0.22	0.02	-0.04	0.07	0.04	-0.06	0.01		1.0
Capital Stock	0.03	0.08	-0.08	-0.21	0.0	-0.22	0.02	-0.04	0.07	0.04	-0.06	0.01	1.0

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Balance Sheet Account Relationship Matchups

Financial Metrics, Fundamentals & Methodology

Anheuser Busch's financial profile is best read through income generation trends and leverage discipline. The mix of equity and liabilities helps define Anheuser Busch's overall capital risk. In recent filings, Anheuser Busch posted revenue of 59.5 B, positive EPS of 3.39, operating margin of 24.95%, giving a current snapshot of financial position.

Inputs for Anheuser Busch Inbev come from periodic company reporting and market reference feeds and are mapped into a consistent reporting framework. Analyst inputs may be included when coverage is available. Some fields can appear with publication lag. Accounting-line values follow GAAP or IFRS structures as published in issuer filings.

This content is curated and reviewed by:

Vlad Skutelnik - Macroaxis Contributor

Last reviewed on March 8th, 2026

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Anheuser Busch Financials Overview

Balance Sheet Account Activities

Key indicators impacting Anheuser Busch's Profitability

Net Working Capital

Anheuser Busch Stock Summary

Key Financial Ratios

Key Balance Sheet Accounts

Key Income Statement Accounts

Financial Ratios Relationships

Core Fundamental Drivers

Key Balance Sheet Account Correlations

Balance Sheet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Financial Metrics, Fundamentals & Methodology

This content is curated and reviewed by:

Popular Tools for Anheuser Stock analysis

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Capital Stock	+ 1.0	Capital Surpluse
Good Will	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Total Assets
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Net Debt
Total Liab	+ 0.98	Good Will

Treasury Stock	- 0.93	Net Debt
Treasury Stock	- 0.87	Total Liab
Treasury Stock	- 0.85	Good Will
Treasury Stock	- 0.82	Total Assets
Treasury Stock	- 0.74	Intangible Assets
Treasury Stock	- 0.64	Net Receivables