Anheuser-Busch InBev (BUD) EBIT Margin (2015 - 2025)

Anheuser-Busch InBev (BUD) posted EBIT Margin of 23.39% for Q4 2025, down 16.91% on a QoQ basis from 28.15% in Q3 2025, and down 419.0% year-over-year from 7.33% in Q4 2024.

Anheuser-Busch InBev (BUD) EBIT Margin (2015 - 2025) Analysis & Trends

Anheuser-Busch InBev's EBIT Margin history runs 11 years deep, the most recent figure standing at 23.39% for 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 was 23.39% for Q4 2025 at Anheuser-Busch InBev, down from 28.15% in the prior quarter.
  • Across five years, EBIT Margin topped out at 28.15% in Q3 2025 and bottomed at 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 plunged 5719 bps — and 2022, when it surged 5332 bps.
  • Anheuser-Busch InBev's EBIT Margin stood at 28.59% in 2021, then jumped by 186 bps to 24.73% in 2022, then fell by 7 bps to 22.97% in 2023, then advanced by 20 bps to 27.58% in 2024, then retreated by 15 bps to 23.39% in 2025.
  • Business Quant data shows BUD's EBIT Margin at 23.39% in Q4 2025, 28.15% in Q3 2025, and 26.45% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 United Breweries 4,330.57 Bn 3,689.35 Bn 387.52 Bn 54.39%
2 Mexican Economic Development 1,197.42 Bn 1,191.27 Bn - -
3 Anheuser-Busch InBev 166.02 Bn 153.80 Bn 8.61 Bn 23.39%
4 Ambev 49.20 Bn 45.43 Bn 2.42 Bn 27.83%
5 Constellation Brands 23.03 Bn 22.93 Bn 1.32 Bn 32.63%
6 Molson Coors Beverage 8.13 Bn 7.74 Bn 897.20 Mn 70.42%
7 Boston Beer 1.95 Bn 1.69 Bn 286.37 Mn 11.64%
8 NFiniTi 720.00 Mn 719.98 Mn - -

Historic Data

Download Data
DateValue
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%