Anheuser-Busch INBEV SA/NV (BUD) Financial Statements
Historical financial data — 5 statements covering FY2021–FY2025
Anheuser-Busch InBev is the largest brewer in the world and one of the top five consumer product companies by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, and w...
Anheuser-Busch INBEV SA/NV's revenue decreased 0.7% year over year, from $59.77B to $59.32B.
Net income increased 16.8% over the same period, from $5.86B to $6.84B.
Over the 4-year period from FY2021 to FY2025, revenue grew by 9% in total.
Total debt remained relatively stable at $72.73B.
The debt-to-equity ratio stands at 0.72, indicating a moderate leverage profile.
Operating cash flow grew 17.0% to $17.42B.
Anheuser-Busch INBEV SA/NV maintains a healthy net profit margin of 11.5%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2021 | $54.30B | $4.67B | $31.21B | $14.07B | $13.30B | $212.94B | $80.18B | $84.28B |
| FY2022 | $57.79B+6.4% | $5.97B | $31.48B | $14.41B | $13.27B | $219.34B | $78.34B | $92.68B |
| FY2023 | $59.38B+2.8% | $5.34B | $31.98B | $14.38B | $15.05B | $206.64B | $72.32B | $88.70B |
| FY2024 | $59.77B+0.7% | $5.86B | $33.02B | $15.29B | $14.88B | $218.81B | $73.33B | $97.74B |
| FY2025 | $59.32B-0.7% | $6.84B | $33.18B | $15.69B | $17.42B | $218.38B | $72.73B | $101.19B |
Balance Sheet Summary (FY2025)
Anheuser-Busch INBEV SA/NV (BUD) Financial Statements & Revenue History
Anheuser-Busch INBEV SA/NV (BUD) is a US-listed stock operating in the Consumer Defensive sector trading at $82.59 with a market capitalization of $163. This page provides 5 historical financial statements for Anheuser-Busch INBEV SA/NV, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Anheuser-Busch INBEV SA/NV reported revenue of $59.3 billion, a 0.7% decline from the prior year. The net profit margin of 11.5% indicates moderate profitability. The debt-to-equity ratio of 0.72 reflects moderate leverage.
BUD Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Anheuser-Busch INBEV SA/NV's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether BUD is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track BUD's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Anheuser-Busch INBEV SA/NV converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of BUD's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use BUD Financial Data
Investors use Anheuser-Busch INBEV SA/NV's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare BUD's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how BUD's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View BUD's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Anheuser-Busch INBEV SA/NV's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.BUD trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

