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Anheuser-Busch Inbev BUD

US equityMarket cap rank #105Beverages - Brewers
$78.10
+$1.04 (+1.35%)
Market open · Sep 24, 1:10 pm ET
After hours $77.06 0.00%
Open$77.88
Prev close$77.06
Day range$77.41 – $78.29
Volume1.38M
Market cap$154.02B
P/E (TTM)16.8
Dividend yield1.72%

Earnings

Average move on report day±4.4%last 15 reports
Closed higher11 of 1573% of the time
Best reaction+8.7%
Worst reaction-13.3%

Stock move on the day after each report

+5.3%2023/Q3-3.3%2023/Q4+4.0%2024/Q1+3.0%2024/Q2-5.6%2024/Q3+7.2%2024/Q4+2.3%2025/Q1-13.3%2025/Q2-2.3%2025/Q3+3.8%2025/Q4+8.7%2026/Q1+1.5%2026/Q2
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q329 Oct 2026
2026/Q230 Jul 2026±3.7%+1.50%Within range
2026/Q15 May 2026±3.8%+8.74%Bigger than priced
2025/Q412 Feb 2026±3.8%+3.81%Within range
2025/Q330 Oct 2025±3.1%-2.33%Within range
2025/Q231 Jul 2025Pre Market±3.0%-13.33%Bigger than priced
2025/Q18 May 2025Pre Market±3.2%+2.29%Within range
2024/Q426 Feb 2025Pre Market±2.6%+7.21%Bigger than priced
2024/Q331 Oct 2024Pre Market±2.8%-5.63%Bigger than priced
2024/Q21 Aug 2024Pre Market±2.6%+2.96%Bigger than priced
2024/Q18 May 2024±2.1%+4.00%Bigger than priced
2023/Q429 Feb 2024Pre Market±2.4%-3.33%Bigger than priced
2023/Q331 Oct 2023±2.3%+5.26%Bigger than priced
2023/Q23 Aug 2023Pre Market±3.7%+1.33%Within range
2023/Q14 May 2023±4.1%+3.47%Within range
2022/Q42 Mar 2023Pre Market±2.5%+1.39%Within range

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Where the revenue comes from

Quarter 2026/Q1

By business line

  • Middle Americas$4.51B 29.5%
  • South America$3.44B 22.5%
  • North America$3.39B 22.2%
  • EMEA$2.27B 14.9%
  • Asia Pacific$1.47B 9.7%
  • Global export and holding companies$189.00M 1.2%

Latest reported quarter: Q2, ended Jun 2026

Revenue$16.66B+11.0% YoY
Operating profit$4.60B+14.7% YoY
Net profit$4.09B+101.7% YoY
Diluted EPS$1.90+126.2% YoY

Revenue, last 8 quarters

$15.0BSep '24$14.8BDec '24$13.6BMar '25$15.0BJun '25$15.1BSep '25$15.6BDec '25$15.3BMar '26$16.7BJun '26

Net profit, last 8 quarters

$2.5BSep '24$1.7BDec '24$2.5BMar '25$2.0BJun '25$1.5BSep '25$2.4BDec '25$3.0BMar '26$4.1BJun '26

Profitability & balance sheet

Gross margin56.5%
Operating margin26.7%
Net margin14.9%
Return on equity10.7%
Return on assets4.3%
Return on invested capital7.3%
Current ratio0.66
Liabilities / assets53.7%
Cash & investments$7.91B
Total debt$71.69B
Net cash (debt)-$63.78B
Free cash flow / sales22.0%
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