Anheuser-Busch InBev SA/NV (BUD) is a publicly traded company in the Consumer Defensive — Beverages - Alcoholic industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Anheuser-Busch InBev SA/NV (AB InBev) is a global beverage giant involved in the manufacturing, marketing, and retailing of a wide variety of beers, other alcoholic drinks, and soft drinks across the world. The company manages an expansive collection of around 500 beer labels. Its most prominent and globally recognized brands include Budweiser, Corona, and Stella Artois.
Is Anheuser-Busch InBev SA/NV stock overvalued or undervalued in 2026?
Anheuser-Busch InBev SA/NV (BUD) trades at 13.7× earnings (P/E), below the median of the 95 consumer staples companies over $2bn in Kaplio's universe. At the decade median (21.9×) $135 (+60 %); at its sector median (22.4×) $138 (+64 %). Note: these prices use the last twelve months' earnings, and analysts expect them to fall 20 % in 2027; at this price, its 2027 P/E would be 17.1×.
Kaplio overview: Anheuser-Busch InBev SA/NV
Market cap $166B · 52 weeks $60 – $86 (6 % below the high) · P/E 13.7× · 2027 expected P/E 17.1× · Dividend 1.6 % · Closing price, Oct 28 · accounts published Jul 30.
- Valuation: P/E 13.7× (cheap).
- Business: ROIC 8 % (fair).
- Balance sheet: Net debt/EBITDA 2.9× (fragile).
- Earnings: 8 of 8 (on track).
Analysts expect earnings per share to fall 20 % in 2027: at this price, its 2027 P/E would be 17.1×.
What would it be worth at its usual multiples?
At the decade median (21.9×) $135 (+60 %); at its sector median (22.4×) $138 (+64 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Note: these prices use the last twelve months' earnings, and analysts expect them to fall 20 % in 2027; at this price, its 2027 P/E would be 17.1×.
What matters in consumer staples: 4 of 8 pass
- Stable ROE / ROIC 12.7 %, fails.
- 10y dividend growth −7.2 %, fails.
- 10y EPS growth −3.8 %, fails.
- Net debt / EBITDA 2.9×, fails.
- Gross margin (stable 5y) 55.9 %, passes.
- FCF / Net Income 164.7 %, passes.
- Payout Ratio 66.7 %, passes.
- P/E vs own 10y history 13.7×, passes.
Against its peers (reference peers) — Anheuser-Busch InBev SA/NV: P/E 13.7×; EV/EBITDA 7.3×; ROIC 8.5 %; $166B. Diageo plc (P/E 29.7×; EV/EBITDA 11.4×; ROIC 10.9 %; $53.4B), Ambev S.A. (P/E 14.6×; EV/EBITDA 7.6×; ROIC 18.6 %; $42.9B), Constellation Brands, Inc. (P/E 11.6×; EV/EBITDA 9.9×; ROIC 11.3 %; $22.0B).
Expensive or cheap against its last ten years?
P/E at each close: today 13.7× · median 21.9× · minimum 10.1× · maximum 47.8× · cheap below 20.4× · expensive above 27.5×. It has been cheaper than today only 2% of the time over its last ten years.
Dividend
tight (only raised recently) · Yield 1.6 % ($2.30 per share in 2025) · Years raising it 1 · 5-year growth +20 % a year · Free cash flow coverage 3.0× · With $1,000 invested today you'd collect $15.70 a year ($1.31 a month).
Profitability
| Return on Equity | 12.72% |
| Return on Invested Capital | 8.48% |
| Return on Assets | 5.39% |
| Gross Margin | 56.52% |
| Operating Margin | 26.50% |
| Net Margin | 15.23% |
Financial Health
| Debt / Equity | 0.77 |
| Current Ratio | 0.66 |
| Piotroski F-Score | 8 |
| Altman Z-Score | 1.40 |
Price Performance
| 1 month | +9.01% |
| 3 months | -6.36% |
| Year-to-date | +26.45% |
| 1 year | +31.80% |
| 3 years | +49.88% |
| 5 years | +32.28% |
| 10 years | -29.88% |
Dividend History
Paid in the last 12 months: $1.3476 per share in 2 payments.
| Date | Amount |
|---|---|
| 2026-05-08 | $1.1749 |
| 2025-11-19 | $0.1727 |
| 2025-05-07 | $1.1282 |
| 2024-05-03 | $0.8802 |
| 2023-05-03 | $0.8245 |
| 2022-05-03 | $0.5276 |
| 2021-05-04 | $0.6009 |
| 2020-06-09 | $0.5510 |
| 2019-11-19 | $0.8910 |
| 2019-05-07 | $1.1152 |
Amounts adjusted for stock splits.
Related companies: ABEV · DEO · STZ · FMX
Explore sector: Consumer Defensive · Beverages - Alcoholic
More sections of BUD: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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