Stock · ABI.BR · Consumer Defensive

Anheuser Busch Inbev SA NV

Belgium · Large Cap · Revenue 12 mo. $77.2B

Price as of 11/06/2026

StockScorer score
6.4
of 10 7 of 11 points High Match To the score
Price
€75.70
1 Y +29.4%
Market cap
€145B
Phase
Mature
core business profitable, revenue barely moving
Revenue +0.9% a year (3 years)EBIT margin 26.4%Payout 31.4% of operating cash flow

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.

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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.

Original text from the data provider

Summary

Anheuser Busch Inbev SA NV is above the middle of the Consumer Defensive sector overall

60.4 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 3.2% FCF growth a year: more than over the last 10 years, less than over the last 5 years.

If free cash flow stays at €10.4B (2025), it supports €116B. The remaining €28.9B of the market value assume it grows 3.2% a year for 10 years and not at all afterwards.

Required FCF growth per year

3.2%

no growth afterwards

Market value breakdown€145B market value, price as of 11/06/2026

€116B without growth
€28.9B priced-in growth
  • 5 yrs achieved 6.0%
  • 10 yrs achieved 2.8%
  • priced in 3.2%

2 signs support the expectation, none speaks against it.

What supports it

with respect to the priced-in expectation

  • High, stable gross margin median 57.8%, range 8.6 pp (10 years)
  • Steady FCF margin at least 11.3%, range 8.4 pp (10 years)

What speaks against it

with respect to the priced-in expectation

No anomaly in the stored figures.

Since the last quarter

Q1 → Q2 2026

Mostly better than the previous quarter: 2 of 2 changes for the better.

  • Revenue, 12 mo.$61.0B → $77.2B+26.7%better
  • Return on equity7.4% → 12.6%+5.2 ppbetter

3 more unchanged: Gross margin, EBIT margin, Shares outstanding

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability77.3above the middleEarns more than the sector: FCF margin 19.70%, sector 6.71%.
MetricStockSector medianPosition in sector
Return on equity7.83%12.35%Rank 26
Return on capital (Greenblatt)66.13%20.14%Rank 87
EBIT margin26.38%9.44%Rank 93
FCF margin19.70%6.71%Rank 95
Gross margin55.93%35.78%Rank 85
Growth64.9above the middleGrows faster than the sector: Earnings growth, 5 years per year 37.23%, sector 6.07%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year−0.75%2.12%Rank 28
Earnings growth, 3 years per year5.55%5.20%Rank 51
Earnings growth, 5 years per year37.23%6.07%Rank 98
Sustainable growth (ROE × retained earnings)6.41%3.77%Rank 84
Valuation51.1around the middleValued about like the sector.
MetricStockSector medianPosition in sector
Earnings yield4.07%4.25%Rank 46
FCF yield7.20%5.05%Rank 75
EV/saleslower is better3.761.51Rank 14
EV/EBITlower is better14.2716.74Rank 71
Momentum72.3above the middleShare price doing better than the sector: Distance from 52-week high −0.16%, sector −7.96%.
MetricStockSector medianPosition in sector
Share price, 1 year29.39%3.24%Rank 90
Share price, 6 months12.14%11.30%Rank 54
Share price, 3 months9.03%9.00%Rank 51
Distance from 52-week high−0.16%−7.96%Rank 95
Quality52.5around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better−2.23%−0.99%Rank 63
Change in share countlower is better−2.94%−0.62%Rank 85
Dividend streak in years55Rank 50
Price reaction to results, market-adjusted−3.18%0.22%Rank 12
Balance sheet & risk44.2around the middleRisk about like the sector.
MetricStockSector medianPosition in sector
Equity ratio39.89%41.95%Rank 47
Net debt/EBITDAlower is better2.911.96Rank 24
Debt to equitylower is better0.840.67Rank 43
Volatility, 1 yearlower is better24.62%25.82%Rank 62

Ten years in figures

Revenue from $45.5B (2016) to $59.3B (2025), 3.0% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCF, $BSharesNet debt, $B
201645.528.3%5.11.76B114.2
201754.930.0%10.72.01B108.3
201853.031.0%10.12.01B102.8
201952.330.8%8.22.03B95.8
202046.920.5%9.21.98B83.3
202154.325.5%9.22.05B76.8
202257.825.1%8.12.04B70.1
202359.423.5%8.62.02B67.8
202459.825.9%11.22.04B61.0
202559.326.4%11.71.98B61.4
6.4 / 10High MatchStockScorer score7 of 11 points

4 of 7 StockScorer Score rules met · How the score is built

Anheuser Busch Inbev SA NV mainly meets criteria in the Valuation category. Result from 18 strategies checked.

This stock · Profitability: 67%This stock · Growth: 0%This stock · Valuation: 100%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Anheuser Busch Inbev SA NV's score is built

Anheuser Busch Inbev SA NV is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

4 of 7 rules met

7 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector mediannot met0 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Anheuser Busch Inbev SA NV stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Magic Formula: Value + Quality
  • Moat Quality
  • Defensive: Low Volatility
  • PEG Strategy (inspired by Peter Lynch)
  • Balanced GARP
  • Mohanram G-Score: Growth Quality
  • Undervalued Stocks: Multi-Factor Check
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Altman Z-Score: Stress Test
  • Dividend Aristocrats & Continuity
  • High-Growth / Rule of 40
  • Levermann Strategy (13 Criteria)

Anheuser Busch Inbev SA NV key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Anheuser Busch Inbev SA NV.

MetricStockSector
P/E ratio24.622.8
P/B ratio1.92.6
Return on equity (ROE)7.8%12.3%
Equity ratio39.9%42.0%
Debt-to-equity (D/E)0.840.67
Dividend yield1.5%2.6%

Similar stocks in Consumer Defensive

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
ABI.BRAnheuser Busch Inbev SA NVthis page
FEMSAUBD.MXFomento Económico Mexicano S.A.B. de C.Vlocked
HEIA.ASHeinekenlocked
ABEV3.SAAmbev S.A.locked
HEIO.ASHeineken Holding NVlocked
STZConstellation Brands Inc Class Alocked

Frequently asked questions about Anheuser Busch Inbev SA NV stock

How does Anheuser Busch Inbev SA NV stock (ABI.BR) score in the StockScorer model?
Anheuser Busch Inbev SA NV stock reaches a StockScorer score of 6.4 out of 10, which is a high match with the rule-based strategies. 4 out of 7 flagship profile rules are met.
What is Anheuser Busch Inbev SA NV's P/E ratio?
Anheuser Busch Inbev SA NV's P/E ratio is 24.6. The Consumer Defensive sector median is 22.8.
What sector is Anheuser Busch Inbev SA NV in?
Anheuser Busch Inbev SA NV is assigned to the Consumer Defensive sector. Its rank within the sector is 60.4 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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