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Anheuser-Busch InBev SA/NV (BUDFF) Stock Price & Analysis

Anheuser-Busch InBev SA/NV (BUDFF) — price $73.03 (+3.72%), as of the Oct 2, 2026 trading session; market cap $144B. Expected results Oct 29, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 17.99× (market value Oct 2, 2026; cash Jun 30, 2026) · expected results Oct 29, 2026

$73.03 +$2.62 (+3.72%) Market Cap $144B

Anheuser-Busch InBev SA/NV · BUDFF · Consumer Defensive · Beverages - Alcoholic

Research dated 2026-09-12: Anheuser-Busch InBev sells a global portfolio led by Budweiser, Corona and Stella Artois, alongside spirits and soft drinks. Its case depends on whether broad brand reach and strong cash generation can keep lifting earnings while the company carries debt far beyond readily available cash.

Price as of Oct 2, 2026

Key Statistics

No publishable V2 score is available for this stock yet.

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$73.03
Change on the day+3.72%
52-week range$58.66 – $86.78
Market capitalisation$144B
Price / earnings (trailing)12.27
Shares traded on the day649
Beta (volatility vs the S&P 500)0.79
Dividends per share (last 12 months)$1.35
Dividend yield (last 12 months)1.85%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $59, high $86, latest $73. 4 reported quarters marked, 0 above and 1 below the recorded estimate. $86 $59 high $86 Oct 30, 2025 · Earnings results · no recorded estimate to compare · close $611Feb 12, 2026 · Earnings results · reported below the recorded estimate · close $802May 5, 2026 · Earnings results · no recorded estimate to compare · close $803Jul 30, 2026 · Earnings results · no recorded estimate to compare · close $864 Sep 5, 2025 Oct 2, 2026 · $73 $60Sep 5, 2025$60Sep 19, 2025$59Oct 3, 2025$62Oct 17, 2025$61Oct 31, 2025$65Nov 14, 2025$61Nov 28, 2025$64Dec 12, 2025$63Dec 26, 2025$66Jan 9, 2026$70Jan 23, 2026$76Feb 6, 2026$79Feb 20, 2026$73Mar 6, 2026$68Mar 20, 2026$72Apr 2, 2026$76Apr 17, 2026$76May 1, 2026$81May 15, 2026$81May 29, 2026$82Jun 12, 2026$84Jun 26, 2026$79Jul 10, 2026$80Jul 24, 2026$84Aug 7, 2026$78Aug 21, 2026$79Sep 4, 2026$78Sep 18, 2026$73Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results
  • · Earnings results · below the recorded estimate
  • · Earnings results
  • · Earnings results

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

The provider's estimated date can change.

What to watch next

Other perspectives

Council score for Anheuser-Busch InBev SA/NV (BUDFF): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

9-Factor Breakdown

Revenue Growth Neutral
Gross Margin Strong
Operating Leverage Neutral
Cash Runway Strong
R&D Intensity Neutral
Insider Activity Moderate
Trading Liquidity Weak
Price Momentum Moderate
News Sentiment Neutral

Legends Council

6 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Neutral read
Simons-style lens (simulated) Jim Simons Favorable read
Englander-style lens (simulated) Izzy Englander Unfavorable read
Klarman-style lens (simulated) Seth Klarman Favorable read
Moon AI lens (model) Favorable read

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Neutral
Margin of Safety Undervalued
Profit Margin Moderate
Revenue Growth Neutral
Debt/Equity Weak
ROE Neutral
Gross Margin Moderate

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 10, 2026, the Munger lens read the price at that time as undervalued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the BUDFF film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Anheuser-Busch InBev SA/NV (BUDFF), and what does it report?

Short answer · as of

This is not merely a brewer tied to one flagship label. Anheuser-Busch InBev manufactures, distributes and sells a wide collection of beer brands across the world, while spirits and soft drinks extend the revenue base beyond beer; reported sales therefore combine many brands, beverage categories and markets rather than measuring demand for Budweiser alone.

Research dated 2026-09-12.

This is not merely a brewer tied to one flagship label. Anheuser-Busch InBev manufactures, distributes and sells a wide collection of beer brands across the world, while spirits and soft drinks extend the revenue base beyond beer; reported sales therefore combine many brands, beverage categories and markets rather than measuring demand for Budweiser alone.

The reporting series requires care because some periods appear to contain cumulative results while adjacent periods reflect shorter intervals. Revenue, profit and cash flow should therefore be compared on a consistent reporting basis instead of treating every row as directly interchangeable.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Operating cash flow by quarter (USD millions); Reported versus estimated, last 8 quarters

2 · Latest results

What do the latest results show for Anheuser-Busch InBev SA/NV (BUDFF)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $31.26B.

Research dated 2026-09-12.

The latest results show higher reported revenue, operating profit and net income than the preceding annual period, continuing the longer run of revenue growth and restoring net profit above its earlier peak in the series. Gross profit remains substantial relative to sales, while trailing margins indicate that a meaningful portion of revenue reaches operating profit and the bottom line.

The available evidence supports a financial mechanism, not a management explanation: modest sales expansion is being accompanied by faster profit growth. The unusual period lengths make the apparent surge in the latest reported figures unsuitable as a clean measure of underlying demand, so confirmation requires comparable revenue and profit periods.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Trailing twelve-month ratio set; Reported versus estimated, last 8 quarters

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$31.26B Jun 30, 2026
Latest quarter · SG&A
$9.71B Jun 30, 2026
Latest quarter · FMP standardized operating result
$8.13B Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$31.26BNot available$9.71B$8.13B
Mar 31, 2026$15.27BNot available$4.74B$4.07B
Dec 31, 2025$30.91BNot available$9.39B$7.88B
Sep 30, 2025$15.13BNot available$4.54B$4.21B

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$31.26B Jul 30, 2026
Latest report · revenue estimate
$16.26B Jul 30, 2026
Latest report · revenue vs estimate
Above estimate Jul 30, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Jul 30, 2026$31.26B$16.26B$3.1300Not available
May 5, 2026$15.27B$16.37B$1.3000Not available
Feb 12, 2026$30.91B$14.86B$1.5300$2.1000
Oct 30, 2025$15.13B$15.60B$0.5300Not available

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$31.26B$6.18B$3.13 (diluted)
Q1 FY2026$15.27B$2.56B$1.30 (diluted)
Q4 FY2025$30.91B$3.03B$1.53 (diluted)
Q3 FY2025$15.13B$1.05B$0.52 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Anheuser-Busch InBev SA/NV (BUDFF)?

Short answer

Cash and short-term investments were $8.00B at the Jun 30, 2026 balance-sheet date. Operating cash flow was $5.13B for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-12.

Anheuser-Busch InBev combines strong operating cash generation with attractive trailing profitability and free-cash-flow yield. Recent operating cash flow comfortably exceeded capital spending, giving the business capacity to fund production assets and service obligations from operations.

Debt is the counterweight. Cash and short-term investments cover only a limited portion of total debt, liquidity ratios sit below full current-liability coverage, and the distress screen is less reassuring than the quality screen. A sustained contraction in brand demand or margins would matter chiefly by reducing the cash available for capital spending and debt service.

Sources (as of 2026-09-12): Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash against market value; Trailing twelve-month ratio set; Distress and quality screens

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$5.13B Jun 30, 2026
Previous quarter · operating cash flow
$12.08B Dec 31, 2025
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026$5.13B−$1.38B
Dec 31, 2025$12.08B−$2.17B
Jun 30, 2025$2.92B−$1.51B
Dec 31, 2024$11.94B−$2.03B

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Anheuser-Busch InBev SA/NV (BUDFF)?

Short answer · as of

The next earnings report is expected on Oct 29, 2026.

Research dated 2026-09-12.

Comparable-period revenue is the immediate test: it should reveal whether the recent profit improvement rests on continuing sales growth rather than reporting-period shape. Operating profit and net income should then be checked against revenue to see whether the favorable conversion of sales into earnings persists.

Cash deserves equal attention. The next useful signals are operating cash flow after capital spending, the direction of cash and short-term investments, and whether debt begins to narrow relative to liquidity. Published estimates assume continued revenue and earnings expansion, raising the importance of execution against that trajectory.

Sources (as of 2026-09-12): Next earnings report; Analyst revenue and earnings estimates (average); Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and short-term investments over time (USD millions); Trailing twelve-month ratio set

What the records here don't tell us

  • No insider Form 4 transaction falls inside the window this page reads.

Checked against the records this page reads, on the dates shown above.

5 · Score methodology

How is Anheuser-Busch InBev SA/NV scored?

Research dated 2026-09-12.

Anheuser-Busch InBev differs from a narrowly focused brewer through the breadth of its portfolio and beverage mix: global beer names such as Budweiser, Corona and Stella Artois sit beside numerous local labels, spirits and soft drinks. That breadth spreads demand across brands and categories, but the financial profile remains shaped by a large debt load, making cash conversion more consequential here than a simple sales comparison with similar beverage companies would suggest.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Cash, investments and debt; Cash against market value; Trailing twelve-month ratio set

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Heineken N.V. (HEINY) Named competitor$39.37 Oct 2, 2026$43.7B— Model unavailable
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Named competitor$115.68 Oct 2, 2026$39.4B— 5-pillar · not comparable
Carlsberg A/S (CABGY) Named competitor$25.81 Oct 2, 2026$17.1B— Model unavailable
Ambev S.A. (ABEV) Same industry, near in market value$2.99 Date unavailable$46.2B— Model unavailable
Compañía Cervecerías Unidas S.A. (CCU) Same industry, near in market value$10.59 Date unavailable$1.96B— Model unavailable
The Boston Beer Company, Inc. (SAM) Same industry, near in market value$167.50 Date unavailable$1.74B— Model unavailable

The comparison model is unavailable. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

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What has been published about Anheuser-Busch InBev SA/NV (BUDFF)?

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What Investors Ask About Anheuser-Busch InBev SA/NV (BUDFF) — Consumer Defensive

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

Does Anheuser-Busch InBev sell only beer?

Beer is the core of the portfolio, but the company also manufactures, distributes and sells spirits and soft drinks. Its reported revenue therefore reflects a broader beverage business than the Budweiser name alone suggests.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy)

Why do Budweiser, Corona and Stella Artois matter to Anheuser-Busch InBev?

They are the company’s best-recognized flagship brands within a much wider collection of global and local labels. Their role is best understood as anchors for a portfolio strategy rather than as the company’s entire sales base.

Sources (as of 2026-09-12): Business description

Can Anheuser-Busch InBev fund capital spending while carrying heavy debt?

Recent operating cash flow exceeded capital spending by a wide margin, supporting internal funding capacity. The constraint is that debt remains much larger than readily available cash, so continued cash conversion is important.

Sources (as of 2026-09-12): Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and investment components; Cash against market value

Why do Anheuser-Busch InBev’s reported periods look uneven?

Some reported periods appear cumulative while neighboring periods represent shorter intervals, creating abrupt changes in revenue, earnings and cash flow. Comparisons are more informative when aligned to equivalent reporting spans.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Reported versus estimated, last 8 quarters

What is the BUDFF stock price today?

The last price recorded on this page for Anheuser-Busch InBev SA/NV (BUDFF) is $73.03, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

Does BUDFF pay a dividend?

Yes. Anheuser-Busch InBev SA/NV (BUDFF) shows a trailing 12-month dividend yield of 1.85%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Legal name; Business description; Annual revenue and net result (USD millions); Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash against market value

Sources — records for every figure on this page (59 figures)

The 59 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 1 fact from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
id.hqSEC filing business addressBrouwerijplein 1, LeuvenOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "Brouwerijplein 1, Leuven, BU, 3000, BE".

FMP — 52 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateOct 29, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$73.03FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T21:24:40.627Z.
px.changeChange on the day+3.72%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$144BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:00.000Z. Captured from FMP at 2026-10-04T21:24:39.411Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars+$2.62FMPFinancial Modeling Prep (FMP) · quote
px.pePrice / earnings (trailing)12.27FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day649FMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.79FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveMichel Dimitrios DoukerisFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees136,805FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.q_revenueRevenue, Q2 FY2026$31.26BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $54.30B, net result $4.67B; FY2022 revenue $57.79B, net result $5.97B; FY2023 revenue $59.38B, net result $5.34B; FY2024 revenue $59.77B, net result $5.86B; FY2025 revenue $61.73B, net result $7.12BFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.gross_marginGross margin (trailing twelve months)56.5%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$31.26BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$9.71BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30$8.13BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$15.27BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$4.74BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31$4.07BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$30.91BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$9.39BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31$7.88BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$15.13BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$4.54BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30$4.21BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-07-30.revenue_actualRevenue · reported — report date 2026-07-30$31.26BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-30.revenue_estimatedRevenue · estimate — report date 2026-07-30$16.26BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-30.eps_actualEPS · reported — report date 2026-07-30$3.1300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-05.revenue_actualRevenue · reported — report date 2026-05-05$15.27BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-05.revenue_estimatedRevenue · estimate — report date 2026-05-05$16.37BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-05.eps_actualEPS · reported — report date 2026-05-05$1.3000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-12.revenue_actualRevenue · reported — report date 2026-02-12$30.91BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-12.revenue_estimatedRevenue · estimate — report date 2026-02-12$14.86BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-12.eps_actualEPS · reported — report date 2026-02-12$1.5300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-12.eps_estimatedEPS · estimate — report date 2026-02-12$2.1000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.revenue_actualRevenue · reported — report date 2025-10-30$15.13BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.revenue_estimatedRevenue · estimate — report date 2025-10-30$15.60BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.eps_actualEPS · reported — report date 2025-10-30$0.5300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$8.00BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$5.13BFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$7.56BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$72.24BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value1.54×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$5.13BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31$12.08BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30−$1.38BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$2.17BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-06-30.operating_cash_flow_mOperating cash flow — period end 2025-06-30$2.92BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-06-30.capex_mCapital expenditure (reported) — period end 2025-06-30−$1.51BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2024-12-31.operating_cash_flow_mOperating cash flow — period end 2024-12-31$11.94BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2024-12-31.capex_mCapital expenditure (reported) — period end 2024-12-31−$2.03BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note

UNRECORDED — 2 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.range5252-week range$58.66 – $86.78UNRECORDEDStored company-profile observation — Captured 2026-10-05
earn.historyReported versus estimated, recent quartersEPS beat 4 of 6UNRECORDEDStored earnings-history observation — Captured 2026-10-02 · Expired observation

COMPUTED — 4 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments17.99×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $8.00B at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio.
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$1.35COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 2 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-04, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months1.85%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-07-30.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($31.26B) with the recorded estimate ($16.26B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-07-30. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-07-30.revenue_actual, earn.history.depth.2026-07-30.revenue_estimated, earn.history.depth.2026-07-30.revenue_actual.comparison, earn.history.depth.2026-07-30.eps_actual, earn.history.depth.2026-05-05.revenue_actual, earn.history.depth.2026-05-05.revenue_estimated, earn.history.depth.2026-05-05.eps_actual, earn.history.depth.2026-02-12.revenue_actual, earn.history.depth.2026-02-12.revenue_estimated, earn.history.depth.2026-02-12.eps_actual, earn.history.depth.2026-02-12.eps_estimated, earn.history.depth.2025-10-30.revenue_actual, earn.history.depth.2025-10-30.revenue_estimated, earn.history.depth.2025-10-30.eps_actual.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-06-30.operating_cash_flow_m, fin.opcf.depth.2025-06-30.capex_m, fin.opcf.depth.2024-12-31.operating_cash_flow_m, fin.opcf.depth.2024-12-31.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Legal name
Anheuser-Busch InBev SA/NV
2026-09-12OFFICIALSEC EDGAR filer record
Business description
Anheuser-Busch InBev SA/NV is a global beverage conglomerate engaged in the manufacturing, distribution, and sale of an extensive selection of beers, spirits, and soft drinks across the world. The company manages a vast portfolio comprising approximately 500 distinct beer labels, with its most recognized flagship brands including Budweiser, Corona, and Stella Artois. Additional popular offerings feature Beck's, Hoegaarden, Leffe, Michelob Ultra, Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol. This long-standing enterprise was founded in 1366 and maintains its headquarters in Leuven, Belgium.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $0, Revenue: $61.73B, Period end: 2025-12-31, Net result: $7.12B
  • FY2024 — R&D: $0, Revenue: $59.77B, Period end: 2024-12-31, Net result: $5.86B
  • FY2023 — R&D: $261.36M, Revenue: $59.38B, Period end: 2023-12-31, Net result: $5.34B
  • FY2022 — R&D: $272.92M, Revenue: $57.79B, Period end: 2022-12-31, Net result: $5.97B
  • FY2021 — R&D: $286.57M, Revenue: $54.30B, Period end: 2021-12-31, Net result: $4.67B
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$1.38B, Operating cash flow: $5.13B
  • Quarter ended 2026-03-31 — Capital expenditure: $0, Operating cash flow: $0
  • Quarter ended 2025-12-31 — Capital expenditure: -$2.17B, Operating cash flow: $12.08B
  • Quarter ended 2025-09-30 — Capital expenditure: $0, Operating cash flow: $0
  • Quarter ended 2025-06-30 — Capital expenditure: -$1.51B, Operating cash flow: $2.92B
  • Quarter ended 2025-03-31 — Capital expenditure: $0, Operating cash flow: $0
  • Quarter ended 2024-12-31 — Capital expenditure: -$2.03B, Operating cash flow: $11.94B
  • Quarter ended 2024-09-30 — Capital expenditure: $0, Operating cash flow: $0
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Cash, investments and debt
Total debt: $72.24B; Liquidity basis: cash and short-term investments; Total liabilities: $117.07B; Cash and short-term investments: $8.00B; Cash and investments: $15.56B; Long-term investments: $7.56B; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash against market value
As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$64.24B; Total debt: $72.24B; Cash and investments: $8.00B

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-30COMPUTEDComputed from the balance sheet and the latest market capitalization
Sector / industry (provider taxonomy)
Consumer Defensive / Beverages - Alcoholic

The company's SEC filings classify it under SIC 2082 — Malt Beverages.

2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $3.13 per share, R&D: $0, SG&A: $9.71B, EPS basic: $3.13 per share, EPS basis: diluted, Revenue: $31.26B, EPS diluted: $3.13 per share, Net result: $6.18B, Gross profit: $17.84B, Operating result: $8.13B
  • Quarter ended 2026-03-31 — EPS: $1.3 per share, R&D: $0, SG&A: $4.74B, EPS basic: $1.3 per share, EPS basis: diluted, Revenue: $15.27B, EPS diluted: $1.3 per share, Net result: $2.56B, Gross profit: $8.65B, Operating result: $4.07B
  • Quarter ended 2025-12-31 — EPS: $1.53 per share, R&D: $0, SG&A: $9.39B, EPS basic: $1.53 per share, EPS basis: diluted, Revenue: $30.91B, EPS diluted: $1.53 per share, Net result: $3.03B, Gross profit: $17.27B, Operating result: $7.88B
  • Quarter ended 2025-09-30 — EPS: $0.52 per share, R&D: $0, SG&A: $4.54B, EPS basic: $0.53 per share, EPS basis: diluted, Revenue: $15.13B, EPS diluted: $0.52 per share, Net result: $1.05B, Gross profit: $8.54B, Operating result: $4.21B
  • Quarter ended 2025-06-30 — EPS: $0.84 per share, R&D: $0, SG&A: $9.50B, EPS basic: $0.84 per share, EPS basis: diluted, Revenue: $15.00B, EPS diluted: $0.84 per share, Net result: $1.68B, Gross profit: $8.45B, Operating result: $7.85B
  • Quarter ended 2025-03-31 — EPS: $1.08 per share, R&D: $0, SG&A: $4.19B, EPS basic: $1.08 per share, EPS basis: diluted, Revenue: $13.63B, EPS diluted: $1.08 per share, Net result: $2.15B, Gross profit: $7.58B, Operating result: $3.59B
  • Quarter ended 2024-12-31 — EPS: $0.61 per share, R&D: $222.00M, SG&A: $4.60B, EPS basic: $0.61 per share, EPS basis: diluted, Revenue: $14.84B, EPS diluted: $0.61 per share, Net result: $1.22B, Gross profit: $8.20B, Operating result: $3.85B
  • Quarter ended 2024-09-30 — EPS: $1.03 per share, R&D: $0, SG&A: $4.49B, EPS basic: $1.03 per share, EPS basis: diluted, Revenue: $15.05B, EPS diluted: $1.03 per share, Net result: $2.07B, Gross profit: $8.37B, Operating result: $4.09B
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-07-30 — EPS actual: $3.13 per share, Revenue actual: $31.26B, Revenue estimated: $16.26B
  • Reported 2026-05-05 — EPS actual: $1.3 per share, Revenue actual: $15.27B, Revenue estimated: $16.37B
  • Reported 2026-02-12 — EPS actual: $1.53 per share, EPS estimated: $2.1 per share, Revenue actual: $30.91B, Revenue estimated: $14.86B
  • Reported 2025-10-30 — EPS actual: $0.53 per share, Revenue actual: $15.13B, Revenue estimated: $15.60B
  • Reported 2025-07-31 — EPS actual: $0.827 per share, Revenue actual: $15.00B, Revenue estimated: $15.48B
  • Reported 2025-05-08 — EPS actual: $1.08 per share, Revenue actual: $13.63B, Revenue estimated: $15.54B
  • Reported 2025-02-26 — EPS actual: $0.609 per share, Revenue actual: $14.84B, Revenue estimated: $13.83B
  • Reported 2024-10-31 — EPS actual: $1.03 per share, Revenue actual: $15.05B
2026-07-30FMPFinancial Modeling Prep (FMP) earnings
Trailing twelve-month ratio set
Quick ratio: 0.5; Current ratio: 0.66; Debt to equity: 0.77; Net margin: 15.2%; Gross margin: 56.5%; Operating margin: 26.5%; Return on assets: 5.4%; Return on equity: 12.7%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Cash and investment components
Total basis: cash short and long-term investments; Total: $15.56B; Cash and short-term investments: $8.00B; Long-term investments: $7.56B; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $8.00B, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $11.94B, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $11.94B, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $7.37B, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $7.27B, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $11.39B, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $11.39B, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $7.64B, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Distress and quality screens
Altman Z-score: 1.84; Piotroski F-score: 9

Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term.

2026-09-12FMPFinancial Modeling Prep (FMP) financial scores
Next earnings report
Date: 2026-10-29; Revenue estimate: $16.25B

The date is our provider's estimate until the company confirms it.

2026-09-12FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2027 — EPS average: $4.93 per share, Revenue average: $67.53B, Revenue low: $65.16B, Revenue high: $69.23B, Analysts (revenue): 26
  • FY2028 — EPS average: $5.45 per share, Revenue average: $70.11B, Revenue low: $67.67B, Revenue high: $71.58B, Analysts (revenue): 12
  • FY2029 — EPS average: $6.08 per share, Revenue average: $74.42B, Revenue low: $71.82B, Revenue high: $75.97B, Analysts (revenue): 24
  • FY2030 — EPS average: $7.23 per share, Revenue average: $76.72B, Revenue low: $74.05B, Revenue high: $78.33B, Analysts (revenue): 14
2026-09-12FMPFinancial Modeling Prep (FMP) analyst estimates
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.