Global brewer behind Budweiser, Corona, Stella Artois and many local beer brands, with production and distribution across major markets.
Profile & Fundamentals
Anheuser-Busch InBev: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Anheuser-Busch InBev Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Anheuser-Busch InBev SA/NV produces and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through North America, Middle Americas, South America, EMEA, Asia Pacific, and Global Export and Holding Companies segments. The company also offers flavored malt beverages, soft drinks, spirit-based ready-to-drink cocktails and beverages, and energy drinks. In addition, it operates BEES, a business-to-business digital commerce platform; on-demand delivery platforms under the Zé Delivery and TaDa Delivery brands; and premium at-home draft system under the PerfectDraft brand. The company provides a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona Extra, Michelob Ultra, and Stella Artois; Aguila, Brahma, Carling Black Label, Cass Fresh, Jupiler, Quilmes, SKOL, and Victoria; Beck's, Hoegaarden, and Leffe; Antarctica, Bud Light, Castle, Castle Lite, Cristal, Harbin, Modelo Especial, Sedrin, and Skol brands, as well as non-beer brands comprising Brutal Fruit, Cutwater, and NÜTRL brands. The company was formerly known as InBev SA and changed its name to Anheuser-Busch InBev SA/NV in November 2008. Anheuser-Busch InBev SA/NV was founded in 1366 and is headquartered in Leuven, Belgium.
Company profile record
Anheuser Busch Inbev SA NV
Common Stock · Consumer Staples · Brewers
Company
- Company / asset
- Anheuser Busch Inbev SA NV
- Security type
- Common Stock
- Sector
- Consumer Staples
- Industry
- Brewers
- HQ
- 🇧🇪 Belgium
- Head office
- Brouwerijplein 1, Leuven, Belgium, 3000
Leadership & scale
- Chief executive
- Mr. Michel Dimitrios Doukeris
- CEO year born
- 1973
- Full-time employees
- 137K
- Fiscal year end
- December
Fundamentals snapshot
- Market Cap
- EUR 133.5B
- P/E
- 12.9x
- Revenue (Q2 26)
- USD 31.3B
- Profit (Q2 26)
- USD 6.2B
- Dividend Yield
- 1.2%
- Revenue (FY 25)
- USD 59.3B
- Shares in public float
- 933.8M
- Insider ownership
- 43.88%
Reporting & identifiers
- Symbol
- ABI.BRU
- Listing
- 🇧🇪 Belgium | Dividend Tax: 30%
- Ticker Currency
- EUR
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- BE0974293251
- Asset ID
- equity_291a25c9-cf7b-5612-822a-7b38d05e1ee8
Ownership
Shares Outstanding
Latest: 2.0B | Max: 2.0B | Min: 2.0B
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
47.26%
933.8M latest reported shares
Insider Ownership
43.88%
Latest reported insider stake
Short Float
--
Latest reported short interest / float
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 1,974,000,000 |
| 2018-01-01 | 1,979,000,000 |
| 2019-01-01 | 1,959,379,100 |
| 2020-01-01 | 1,984,000,000 |
| 2021-01-01 | 2,006,000,000 |
| 2022-01-01 | 2,037,000,000 |
| 2023-01-01 | 2,016,000,000 |
| 2024-01-01 | 2,043,000,000 |
| 2025-01-01 | 1,977,714,000 |
| 2026-01-01 | 1,975,982,000 |
Top Holders
Available reported ownership records.
No reported records are available in this preview.
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The company's financial results show an operational engine that is steadily improving its bottom line even as total beer volume stays relatively flat. For fiscal 2025, reported revenue stood at USD 59.3 billion, but net profit rose substantially to USD 6.84 billion. This profit growth happened because the business successfully sold higher-margin premium beers like Corona and Stella Artois, while cutting corporate overhead and lowering debt interest expenses. Underlying cash flow generation remains exceptionally strong, with annual free cash flow exceeding USD 11.6 billion. Retail investors should note that recent headlines showing massive quarterly revenue jumps were partly distorted by accounting data errors that combined half-year numbers. The true financial reality is a mature, stable business generating dependable mid-single-digit profit growth. Because merger-related interest bills are shrinking each year, operating cash flows are converting directly into pure shareholder profit rather than debt service.
The company's financial results show an operational engine that is steadily improving its bottom line even as total beer volume stays relatively flat. For fiscal 2025, reported revenue stood at USD 59.3 billion, but net profit rose substantially to USD 6.84 billion. This profit growth happened because the business successfully sold higher-margin premium beers like Corona and Stella Artois, while cutting corporate overhead and lowering debt interest expenses. Underlying cash flow generation remains exceptionally strong, with annual free cash flow exceeding USD 11.6 billion. Retail investors should note that recent headlines showing massive quarterly revenue jumps were partly distorted by accounting data errors that combined half-year numbers. The true financial reality is a mature, stable business generating dependable mid-single-digit profit growth. Because merger-related interest bills are shrinking each year, operating cash flows are converting directly into pure shareholder profit rather than debt service.
Revenue, Net Income, and Free Cash Flow
Latest: USD 59.3B | Max: USD 59.8B | Min: USD 1.2B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 19x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability margins have expanded steadily, with gross margins stabilizing near 56% and operating profit margins reaching 26.4%. This resilience proves that the company commands genuine pricing power; consumers consistently pay higher prices for recognized megabrands, offsetting rising costs for aluminum cans, barley, and transportation energy. Operating profitability also benefits from digital route optimization through the BEES online ordering platform, which handles over seventy percent of sales and generates high-margin marketplace fees. While generational moderation caps volume growth, premium price-and-mix strategies and tax-exempt non-alcoholic beers like Corona Cero ensure profit margins remain well-protected against broader inflation cycles.
Profitability margins have expanded steadily, with gross margins stabilizing near 56% and operating profit margins reaching 26.4%. This resilience proves that the company commands genuine pricing power; consumers consistently pay higher prices for recognized megabrands, offsetting rising costs for aluminum cans, barley, and transportation energy. Operating profitability also benefits from digital route optimization through the BEES online ordering platform, which handles over seventy percent of sales and generates high-margin marketplace fees. While generational moderation caps volume growth, premium price-and-mix strategies and tax-exempt non-alcoholic beers like Corona Cero ensure profit margins remain well-protected against broader inflation cycles.
Profitability Margins
Latest: 55.9% | Max: 62.4% | Min: 2.7%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
55.9%
Gross profit / revenue
Operating Margin
26.4%
Operating income / revenue
Net Margin
11.5%
Net income / revenue
FCF Margin
19.7%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 45,517,000,000 | 1,241,000,000 | 5,131,000,000 |
| 2017-12-31 | 54,859,000,000 | 7,990,000,000 | 10,689,000,000 |
| 2018-12-31 | 53,041,000,000 | 4,370,000,000 | 10,059,000,000 |
| 2019-12-31 | 52,329,000,000 | 9,171,000,000 | 8,222,000,000 |
| 2020-12-31 | 46,881,000,000 | 1,405,000,000 | 9,182,000,000 |
| 2021-12-31 | 54,304,000,000 | 4,670,000,000 | 9,159,000,000 |
| 2022-12-31 | 57,786,000,000 | 5,969,000,000 | 8,138,000,000 |
| 2023-12-31 | 59,380,000,000 | 5,341,000,000 | 8,627,000,000 |
| 2024-12-31 | 59,768,000,000 | 5,855,000,000 | 11,192,000,000 |
| 2025-12-31 | 59,320,000,000 | 6,837,000,000 | 11,684,724,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 18.58 | Trailing four quarters |
| 2024-12-31 | 17.51 | Trailing four quarters |
| 2023-12-31 | 24.26 | Trailing four quarters |
| 2022-12-31 | 20.55 | Annual net income |
| 2021-12-31 | 26.04 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 60.89 | 28.3 | 2.73 | 11.27 |
| 2017-12-31 | 61.77 | 30 | 14.56 | 19.48 |
| 2018-12-31 | 62.42 | 30.95 | 8.24 | 18.96 |
| 2019-12-31 | 61.09 | 30.76 | 17.53 | 15.71 |
| 2020-12-31 | 58.12 | 20.52 | 3 | 19.59 |
| 2021-12-31 | 57.47 | 25.46 | 8.6 | 16.87 |
| 2022-12-31 | 54.48 | 25.12 | 10.33 | 14.08 |
| 2023-12-31 | 53.86 | 23.52 | 8.99 | 14.53 |
| 2024-12-31 | 55.25 | 25.91 | 9.8 | 18.73 |
| 2025-12-31 | 55.93 | 26.38 | 11.53 | 19.7 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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