Anheuser-Busch InBev (BUD) EBIT Margin (2015 - 2025)
Anheuser-Busch InBev's (BUD) quarterly EBIT Margin came in at 23.39% in Q4 2025, down 419.0% YoY from 7.33% in Q4 2024, and down 16.91% on a QoQ basis from 28.15% in Q3 2025.
Anheuser-Busch InBev (BUD) EBIT Margin (2015 - 2025) Analysis & Trends
Anheuser-Busch InBev (BUD) has 11 years of EBIT Margin data on file, last reported at 23.39% in Q4 2025.
- Quarterly EBIT Margin fell 419.0% year-over-year to 23.39% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 25.97% (up 6.0% YoY) and the FY2025 annual result came in at 25.97%, up 6.0% from the prior year.
- EBIT Margin fell to 23.39% in Q4 2025, from 28.15% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 28.15% in Q3 2025 to a low of 28.59% in Q4 2021.
- A 5-year average of 21.7% and a median of 24.8% in 2021 frame the typical range for EBIT Margin.
- Annual changes were most pronounced in 2021 — EBIT Margin sank 5719 bps — and 2022, when it surged 5332 bps.
- Tracing BUD's EBIT Margin over 5 years: stood at 28.59% in 2021, then surged by 186 bps to 24.73% in 2022, then dropped by 7 bps to 22.97% in 2023, then rose by 20 bps to 27.58% in 2024, then declined by 15 bps to 23.39% in 2025.
- The last three EBIT Margin figures came in at 23.39% (Q4 2025), 28.15% (Q3 2025), and 26.45% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 2,224.41 Bn | 1,851.39 Bn | 252.83 Bn | -0.01% |
| 2 | Constellation Brands | 23.10 Bn | 23.00 Bn | 1.32 Bn | 32.63% |
| 3 | Molson Coors Beverage | 8.00 Bn | 5.87 Bn | 1.06 Bn | 9.21% |
| 4 | Boston Beer | 1.97 Bn | 1.71 Bn | 286.37 Mn | 11.64% |
| 5 | Ambev | 624,799.98 | -3.50 Bn | 2.29 Bn | 26.66% |
| 6 | Anheuser-Busch InBev | 157,405.59 | -7.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 23.39% |
| Sep 30, 2025 | 28.15% |
| Jun 30, 2025 | 26.45% |
| Mar 31, 2025 | 25.96% |
| Dec 31, 2024 | 27.58% |
| Sep 30, 2024 | 26.36% |
| Jun 30, 2024 | 24.88% |
| Mar 31, 2024 | 24.84% |
| Dec 31, 2023 | 22.97% |
| Sep 30, 2023 | 23.60% |
| Jun 30, 2023 | 23.20% |
| Mar 31, 2023 | 24.32% |
| Dec 31, 2022 | 24.73% |
| Sep 30, 2022 | 25.78% |
| Jun 30, 2022 | 25.70% |
| Mar 31, 2022 | 24.16% |
| Dec 31, 2021 | -28.59% |
| Sep 30, 2021 | 9.84% |
| Jun 30, 2021 | 25.90% |
| Mar 31, 2021 | 24.77% |