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

84.60 0.60 −0.70%
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) Free cash flow

Alert me on Free cash flow

Anheuser-Busch InBev SA/NV's free cash flow for fiscal 2025 was $11.3B, unchanged from fiscal 2024. Over the twelve months to 30 June 2026 it was $17.9B. Over the past ten years it has ranged from $5.3B (fiscal 2016) to $11.3B (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 3 consecutive fiscal years. Anheuser-Busch InBev SA/NV ranks 1st of 7 Beverages Brewers companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $11.3B 0.10%
FY2024 $11.3B 28.89%
FY2023 $8.8B 3.82%
FY2022 $8.5B (9.04%)
FY2021 $9.3B 29.11%
FY2020 $7.2B (21.54%)
FY2019 $9.2B (4.48%)
FY2018 $9.6B (14.97%)
FY2017 $11.3B 111.64%
FY2016 $5.3B (45.40%)

Quarterly newest first

Period Free cash flow Change
Jun 2026 $3.9B 186.42%
Dec 2025 $1.4B 0.00%
Jun 2025 $1.4B (88.03%)
Dec 2024 $11.3B 1,179.10%
19 more quarters

Against its own ten years

Low $5.3B High $11.3B
Ten-year median $9.3B
Current reading's percentile 100

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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