Anheuser-Busch InBev SA/NV (BUD) AI Stock Analysis
BUD AI stock analysis summary
AI ResearchAnheuser-Busch InBev SA/NV (BUD) is a global brewing company operating a portfolio of approximately 500 beverage brands. For the trailing twelve months, the company generated $62.61B in revenue with an operating margin of 27.3%. Its balance sheet carries $72.32B in total debt alongside $7.91B in cash and short-term investments.
- Market cap
- $162.63B
- Revenue (TTM)
- $62.61B
- P/E
- 17.8x fwd 15.6x
- 1Y return
- 36.5% S&P 500 16.8%
- Avg. target
- $95.26 15.3% vs last close
Bull case
- Quarterly earnings grew 124.9% year-over-year in the period ended June 30, 2026.
- Free cash flow generation remained strong at $11.26B in FY2025.
- Analysts maintain an optimistic stance with 10 Buy or Strong Buy ratings and a mean price target of $95.26.
Bear case
- Total debt remains elevated at $72.32B as of June 30, 2026.
- Short-term liquidity is tight, evidenced by a current ratio of 0.66.
- Annual revenue experienced negative growth in FY2025, falling 0.7% to $59.32B.
What Anheuser-Busch InBev SA/NV does
Anheuser-Busch InBev SA/NV is a global leader in the production, distribution, and sale of beer, alcoholic drinks, and soft drinks. Headquartered in Leuven, Belgium, the company manages an extensive portfolio of approximately 500 brands, including global and regional labels such as Budweiser, Corona, Stella Artois, Beck's, Hoegaarden, Leffe, and Michelob Ultra. Its regional brand presence features Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol. In addition to brewing, the company produces and distributes non-alcoholic beverages and soft drinks across international markets.
Growth and profitability
Revenue moved from $54.30B in FY2021 to $59.32B in FY2025, reflecting a 5-year revenue CAGR of 4.8%. Although annual revenue fell 0.7% in FY2025, operating margin improved to 26.4% and net income reached $6.84B, up from $5.86B in FY2024. For the latest quarter ended June 30, 2026, quarterly revenue increased 11.0% year-over-year, while quarterly earnings grew 124.9%. Across the trailing twelve months, revenue totaled $62.61B with net margin standing at 14.9% and diluted EPS at $4.64.
Balance sheet and cash flow
As of June 30, 2026, Anheuser-Busch InBev held $7.91B in cash and short-term investments against $72.32B in total debt, leaving net debt at $64.41B. The company recorded a current ratio of 0.66 and a debt-to-equity ratio of 0.77 against shareholders' equity of $93.50B. During FY2025, the business generated $11.26B in free cash flow from $14.93B in operating cash flow. Capital allocation in FY2025 included $3.67B in capital expenditures, $2.31B in share buybacks, and $4.56B in dividends paid.
Valuation and performance
BUD trades at a trailing P/E of 17.8x, compared to 18.6x for the median of its US-listed Consumer Defensive peers. Its forward P/E of 15.6x sits above the peer median of 14.3x, while its EV-to-EBITDA multiple of 9.1x compares to the peer median of 11.7x. Over the past year, BUD gained 36.5%, outperforming the 16.8% return of the S&P 500 (SPY). Over a 5-year period, the stock returned 59.3% versus 83.0% for the S&P 500.
BUD dividend
Anheuser-Busch InBev offers a forward annual dividend of $1.35 per share, representing a 1.63% dividend yield. The payout ratio stands at 31.5% with distributions made on a semiannual schedule. The company has paid dividends for 17 consecutive years, producing an annualized 5-year dividend growth rate of 11.1%. The last ex-dividend date was May 8, 2026.
What analysts expect
Wall Street coverage includes 7 Strong Buy, 3 Buy, and 2 Hold ratings, with no Sell or Strong Sell recommendations. The mean price target of $95.26 implies a 15.3% upside compared to the last close of $82.59. For FY2026 ending December 31, 2026, consensus estimates project revenue of $64.69B and EPS of $4.42, an 18.6% increase. The company has beaten EPS expectations in each of the last 4 quarters, with next earnings scheduled for October 29, 2026.
Key risks and what to watch
- Net debt of $64.41B requires substantial cash flow allocation toward debt service.
- A current ratio of 0.66 indicates potential liquidity pressure if working capital requirements rise.
- The stock has lagged broader equities over longer timeframes, returning 59.3% over 5 years versus 83.0% for the S&P 500.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this BUD AI stock analysis
This page is an AI-written research summary of Anheuser-Busch InBev SA/NV (BUD). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: BUD income statement, BUD balance sheet, BUD key metrics, BUD analyst forecast, BUD chart. See the BUD stock overview for the latest quote and news.
BUD AI stock analysis FAQ
What is BUD's current dividend yield?
BUD has a forward dividend yield of 1.63% based on an annual forward dividend of $1.35. Payments are made on a semiannual frequency with a payout ratio of 31.5%.
How much debt does Anheuser-Busch InBev carry?
As of June 30, 2026, the company held $72.32B in total debt and $7.91B in cash and short-term investments, resulting in net debt of $64.41B.
What are analysts forecasting for BUD's earnings in FY2026?
Analysts expect FY2026 EPS of $4.42, representing projected growth of 18.6%, on revenue of $64.69B.
When does Anheuser-Busch InBev report its next earnings?
The company's next earnings report is scheduled for October 29, 2026.