Anheuser-Busch InBev SA/NV

BUD Consumer Defensive Beverages Brewers

Anheuser-Busch InBev SA/NV’s revenue for fiscal 2025 (year ended December 2025) was $59.3 billion, down 0.75% from fiscal 2024.

Revenue
+9.11%
EPS
+88.7%
Free cash flow
+338.5%

Quarter to September 2026, against a year earlier

85.14 1.47 +1.76%
Market cap
$149.1B
P/E
16.4×
Fwd P/E
−9.7×
Dividend yield
1.58%
F-score
7/9
Altman Z
1.40
Beneish M
−2.47
Dividend safety
43/100

Anheuser-Busch InBev SA/NV (BUD) Debt to equity

Alert me on Debt to equity

Anheuser-Busch InBev SA/NV's debt to equity at the end of the quarter to 30 June 2026 was 0.7×, down 0.0× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.7× (fiscal 2025) to 1.6× (fiscal 2018) — the current reading is the lowest in ten years. That is above the Beverages Brewers industry median of 0.6× and above the Consumer Defensive sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.7× (8.19%)
FY2024 0.8× (3.52%)
FY2023 0.8× (11.06%)
FY2022 0.9× (15.26%)
FY2021 1.1× (11.05%)
FY2020 1.3× 3.28%
FY2019 1.2× (21.53%)
FY2018 1.6× 6.98%
FY2017 1.5× (3.61%)
FY2016 1.5× 39.15%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.7× (4.36%)
Dec 2025 0.7× (9.62%)
Jun 2025 0.8× 1.59%
Dec 2024 0.8× (7.13%)
19 more quarters

Against its own ten years

Low 0.7× High 1.6×
Ten-year median 1.1×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
SAM The Boston Beer Company, Inc. compare 0.0×
ABEV Ambev S.A. compare 0.0×
FMX Fomento Economico Mexicano S.A.B. de C.V. compare 0.5×
TAP Molson Coors Beverage Company compare 0.6×
CCU Compania Cervecerias Unidas, S.A. compare 0.7×
BUD Anheuser-Busch InBev SA/NV 0.7×
STZ Constellation Brands Inc compare 1.2×
Beverages Brewers industry median 0.6×
Consumer Defensive sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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