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

84.80 0.40 −0.47%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Anheuser-Busch InBev SA/NV (BUD) trades at a price to free cash flow of 9.4×. Over the past ten years it has ranged from 3.0× (March 2020) to 23.3× (March 2015); the current reading is higher than 67% of that period. That is below the Beverages Brewers industry median of 12.4× and below the Consumer Defensive sector median of 15.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 8.5× 74.31%
FY2024 4.9× (35.78%)
FY2023 7.6× 25.84%
FY2022 6.0× (10.75%)
FY2021 6.8× (5.94%)
FY2020 7.2× 4.70%
FY2019 6.9× 31.34%
FY2018 5.2× (52.43%)
FY2017 11.0× 18.19%
FY2016 9.3× (16.33%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 8.1× (10.89%)
Jun 2026 9.1× (1.28%)
Mar 2026 9.2× 8.00%
Dec 2025 8.5× 60.77%
43 more quarters

Against its own ten years

Low 3.0× High 23.3×
Ten-year median 7.1×
Current reading's percentile 67

Price to free cash flow against peers

Company Price to free cash flow
TAP Molson Coors Beverage Company compare 6.6×
BUD Anheuser-Busch InBev SA/NV 9.4×
ABEV Ambev S.A. compare 11.7×
SAM The Boston Beer Company, Inc. compare 12.4×
STZ Constellation Brands Inc compare 13.2×
CCU Compania Cervecerias Unidas, S.A. compare 13.2×
FMX Fomento Economico Mexicano S.A.B. de C.V. compare 21.7×
Beverages Brewers industry median 12.4×
Consumer Defensive sector median 15.1×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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